Cedar Point, IL
Population 218 · Illinois
About Cedar Point, IL
Cedar Point is a small community located in Illinois with a population of 218 residents according to the latest US Census Bureau American Community Survey data. The median household income is $59,028 per year, which is 21% below the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Cedar Point features a median home value of $87,300, which is 64% below the national median of $244,900. This makes Cedar Point one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $950, 18% below the national average of $1,163/month. Of the 101 total housing units, 82% are owner-occupied (75 units) and 18% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Cedar Point shows an unemployment rate of 3.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Cedar Point have an average one-way commute time of 27.8 minutes.
Education & Demographics
4.0% of Cedar Point residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 10.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.2% of the population being foreign-born.
Cost of Living in Cedar Point, IL
Compared to national averages, Cedar Point has a median household income of $59,028 (21% below the national median of $75,149). Home values average $87,300, which is 64% below the national median. Monthly rent at $950 is 18% below the US average of $1,163. Within Illinois, Cedar Point's income is 21% below the state average of $75,072, and home values are 47% below the state median of $165,779.
Why Live in Cedar Point, IL?
Cedar Point offers affordable housing with a median home value of $87,300, below the US average of $244,900, and rent that’s lower than the national average at $950/month, and a strong job market with an unemployment rate of just 3.2%. Additionally, the city features a low poverty rate of 4.1%, better than the national average.
Potential considerations include median household income ($59,028) that falls below the national average. However, Cedar Point’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cedar Point has a population of 218 with a median age of 35.9 years. Compare Cedar Point with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Cedar Point
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ridgefield | 218 | $133,454 | $265,400 | Compare |
| Sibley | 218 | $54,583 | $85,000 | Compare |
| Allerton | 217 | $51,667 | $106,700 | Compare |
| Cabery | 219 | $54,375 | $96,700 | Compare |
| Caledonia | 219 | $86,513 | $161,800 | Compare |
| Calhoun | 219 | $84,063 | $51,200 | Compare |
| East Carondelet | 219 | $65,417 | $76,700 | Compare |
| Shumway | 217 | $76,250 | $103,400 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Cedar Point With Other Cities
Frequently Asked Questions about Cedar Point
What is the population of Cedar Point, IL?
The population of Cedar Point, IL is 218 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Cedar Point?
The median household income in Cedar Point, IL is $59,028 per year, which is 21% below the national median of $75,149.
What is the median home value in Cedar Point?
The median home value in Cedar Point, IL is $87,300, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Cedar Point?
The median monthly rent in Cedar Point, IL is $950, which is 18% below the national average of $1,163/month.
What is the unemployment rate in Cedar Point?
The unemployment rate in Cedar Point, IL is 3.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Cedar Point, IL a good place to live?
Cedar Point offers a moderate cost of living, affordable housing, and a strong job market. With a population of 218 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Cedar Point, IL?
4.0% of residents in Cedar Point aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Cedar Point?
Key cost-of-living indicators for Cedar Point, IL: median home value is $87,300 (64% below national), median rent is $950/month, and median household income is $59,028. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Cedar Point?
The poverty rate in Cedar Point, IL is 4.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Cedar Point, IL?
Cedar Point's population is 10.6% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 2.3% two or more races. 3.2% of residents are foreign-born.