Chadwick, IL
Population 577 · Illinois
About Chadwick, IL
Chadwick is a small community located in Illinois with a population of 577 residents according to the latest US Census Bureau American Community Survey data. The median household income is $73,438 per year, which is 2% below the national median of $75,149. The median age of 35.1 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Chadwick features a median home value of $88,100, which is 64% below the national median of $244,900. This makes Chadwick one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 258 total housing units, 78% are owner-occupied (186 units) and 22% are renter-occupied (51 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chadwick shows an unemployment rate of 3.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 4.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Chadwick have an average one-way commute time of 31 minutes.
Education & Demographics
29.8% of Chadwick residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 10.6% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 6.6% of the population being foreign-born.
Cost of Living in Chadwick, IL
Compared to national averages, Chadwick has a median household income of $73,438 (2% below the national median of $75,149). Home values average $88,100, which is 64% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Chadwick's income is 2% below the state average of $75,072, and home values are 47% below the state median of $165,779.
Why Live in Chadwick, IL?
Chadwick offers affordable housing with a median home value of $88,100, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a low poverty rate of 4.3%, better than the national average.
Potential considerations include median household income ($73,438) that falls below the national average. However, Chadwick’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chadwick has a population of 577 with a median age of 35.1 years. Compare Chadwick with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Chadwick
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Damiansville | 578 | $101,094 | $190,600 | Compare |
| Dongola | 576 | $35,250 | $67,500 | Compare |
| Lyndon | 576 | $52,656 | $108,300 | Compare |
| St. Francisville | 578 | $64,583 | $58,400 | Compare |
| Como | 581 | $59,417 | $154,000 | Compare |
| Ohio | 582 | $54,688 | $98,100 | Compare |
| Trout Valley | 584 | $211,563 | $435,300 | Compare |
| Bluford | 569 | $58,500 | $92,200 | 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 Chadwick With Other Cities
Frequently Asked Questions about Chadwick
What is the population of Chadwick, IL?
The population of Chadwick, IL is 577 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 Chadwick?
The median household income in Chadwick, IL is $73,438 per year, which is 2% below the national median of $75,149.
What is the median home value in Chadwick?
The median home value in Chadwick, IL is $88,100, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chadwick?
The median monthly rent in Chadwick, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Chadwick?
The unemployment rate in Chadwick, IL is 3.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Chadwick, IL a good place to live?
Chadwick offers a moderate cost of living, affordable housing, and a strong job market. With a population of 577 and a median age of 35.1, the city appeals to a broad range of residents.
How educated is Chadwick, IL?
29.8% of residents in Chadwick 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 Chadwick?
Key cost-of-living indicators for Chadwick, IL: median home value is $88,100 (64% below national), median rent is $0/month, and median household income is $73,438. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chadwick?
The poverty rate in Chadwick, IL is 4.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Chadwick, IL?
Chadwick's population is 10.6% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 6.6% of residents are foreign-born.