Channahon, IL
Population 13,854 · Illinois
About Channahon, IL
Channahon is a mid-sized city located in Illinois with a population of 13,854 residents according to the latest US Census Bureau American Community Survey data. The median household income is $121,458 per year, which is 62% above the national median of $75,149. The median age of 38.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Channahon features a median home value of $298,000, which is 22% above the national median of $244,900. This positions Channahon in a moderately priced market relative to the rest of the country. Median monthly rent is $1,718, 48% above the national average of $1,163/month. Of the 4,578 total housing units, 91% are owner-occupied (4,024 units) and 9% are renter-occupied (395 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Channahon shows an unemployment rate of 7.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Channahon have an average one-way commute time of 31.2 minutes.
Education & Demographics
29.8% of Channahon 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 7.4% White, 1.0% Hispanic or Latino, 4.2% Black or African American, and 0.9% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Channahon, IL
Compared to national averages, Channahon has a median household income of $121,458 (62% above the national median of $75,149). Home values average $298,000, which is 22% above the national median. Monthly rent at $1,718 is 48% above the US average of $1,163. Within Illinois, Channahon's income is 62% above the state average of $75,072, and home values are 80% above the state median of $165,779.
Why Live in Channahon, IL?
Channahon offers a strong local economy with a median household income of $121,458, well above the national average, and a low poverty rate of 4.5%, better than the national average.
Channahon has a population of 13,854 with a median age of 38.2 years. Compare Channahon with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Channahon
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wood Dale | 13,926 | $90,408 | $303,400 | Compare |
| Beach Park | 13,988 | $83,069 | $223,600 | Compare |
| Forest Park | 14,000 | $81,323 | $293,800 | Compare |
| Wauconda | 14,010 | $112,438 | $268,300 | Compare |
| Midlothian | 14,024 | $67,872 | $200,300 | Compare |
| Shiloh | 14,109 | $100,058 | $276,900 | Compare |
| Chicago Ridge | 14,147 | $69,389 | $217,800 | Compare |
| Glen Carbon | 13,521 | $92,434 | $278,200 | 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 Channahon With Other Cities
Frequently Asked Questions about Channahon
What is the population of Channahon, IL?
The population of Channahon, IL is 13,854 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Channahon?
The median household income in Channahon, IL is $121,458 per year, which is 62% above the national median of $75,149.
What is the median home value in Channahon?
The median home value in Channahon, IL is $298,000, which is 22% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Channahon?
The median monthly rent in Channahon, IL is $1,718, which is 48% above the national average of $1,163/month.
What is the unemployment rate in Channahon?
The unemployment rate in Channahon, IL is 7.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Channahon, IL a good place to live?
Channahon offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 13,854 and a median age of 38.2, the city appeals to a broad range of residents.
How educated is Channahon, IL?
29.8% of residents in Channahon 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 Channahon?
Key cost-of-living indicators for Channahon, IL: median home value is $298,000 (22% above national), median rent is $1,718/month, and median household income is $121,458. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Channahon?
The poverty rate in Channahon, IL is 4.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Channahon, IL?
Channahon's population is 7.4% White, 1.0% Hispanic or Latino, 4.2% Black or African American, 0.9% Asian, and 1.0% two or more races. 3.3% of residents are foreign-born.