Chenoa, IL
Population 1,559 · Illinois
About Chenoa, IL
Chenoa is a small town located in Illinois with a population of 1,559 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,625 per year, which is 11% below the national median of $75,149. The median age of 42.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Chenoa features a median home value of $120,700, which is 51% below the national median of $244,900. This makes Chenoa one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $835, 28% below the national average of $1,163/month. Of the 734 total housing units, 86% are owner-occupied (548 units) and 14% are renter-occupied (89 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Chenoa shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.1%, above the national average of 12.4%. Workers in Chenoa have an average one-way commute time of 24.6 minutes.
Education & Demographics
22.4% of Chenoa 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 1.7% White, 0.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Chenoa, IL
Compared to national averages, Chenoa has a median household income of $66,625 (11% below the national median of $75,149). Home values average $120,700, which is 51% below the national median. Monthly rent at $835 is 28% below the US average of $1,163. Within Illinois, Chenoa's income is 11% below the state average of $75,072, and home values are 27% below the state median of $165,779.
Why Live in Chenoa, IL?
Chenoa offers affordable housing with a median home value of $120,700, below the US average of $244,900, and rent that’s lower than the national average at $835/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features short commute times averaging just 24.6 minutes.
Potential considerations include median household income ($66,625) that falls below the national average. However, Chenoa’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Chenoa has a population of 1,559 with a median age of 42.5 years. Compare Chenoa with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Chenoa
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Twin Grove | 1,554 | $113,250 | $246,400 | Compare |
| Grant Park | 1,547 | $72,500 | $205,500 | Compare |
| Port Barrington | 1,574 | $144,167 | $361,300 | Compare |
| Winchester | 1,543 | $54,286 | $96,000 | Compare |
| Gilman | 1,576 | $65,729 | $108,900 | Compare |
| Benld | 1,535 | $45,667 | $83,000 | Compare |
| Wyoming | 1,532 | $57,969 | $105,700 | Compare |
| Ford Heights | 1,587 | $34,323 | $48,000 | 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 Chenoa With Other Cities
Frequently Asked Questions about Chenoa
What is the population of Chenoa, IL?
The population of Chenoa, IL is 1,559 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Chenoa?
The median household income in Chenoa, IL is $66,625 per year, which is 11% below the national median of $75,149.
What is the median home value in Chenoa?
The median home value in Chenoa, IL is $120,700, which is 51% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Chenoa?
The median monthly rent in Chenoa, IL is $835, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Chenoa?
The unemployment rate in Chenoa, IL is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Chenoa, IL a good place to live?
Chenoa offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,559 and a median age of 42.5, the city appeals to a broad range of residents.
How educated is Chenoa, IL?
22.4% of residents in Chenoa 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 Chenoa?
Key cost-of-living indicators for Chenoa, IL: median home value is $120,700 (51% below national), median rent is $835/month, and median household income is $66,625. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Chenoa?
The poverty rate in Chenoa, IL is 19.1%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Chenoa, IL?
Chenoa's population is 1.7% White, 0.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.1% two or more races. 1.3% of residents are foreign-born.