Coalton, IL
Population 280 · Illinois
About Coalton, IL
Coalton is a small community located in Illinois with a population of 280 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,250 per year, which is 1% above the national median of $75,149. The median age of 46 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 Coalton features a median home value of $81,000, which is 67% below the national median of $244,900. This makes Coalton one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 148 total housing units, 85% are owner-occupied (116 units) and 15% are renter-occupied (21 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Coalton shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Coalton have an average one-way commute time of 30.6 minutes.
Education & Demographics
12.0% of Coalton 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 0.0% White, 0.4% Hispanic or Latino, 0.7% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Coalton, IL
Compared to national averages, Coalton has a median household income of $76,250 (1% above the national median of $75,149). Home values average $81,000, which is 67% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Illinois, Coalton's income is 2% above the state average of $75,072, and home values are 51% below the state median of $165,779.
Why Live in Coalton, IL?
Coalton offers a strong local economy with a median household income of $76,250, well above the national average, and affordable housing with a median home value of $81,000, below the US average of $244,900, and rent that’s lower than the national average at $775/month. Additionally, the city features a strong job market with an unemployment rate of just 2.2%, and a low poverty rate of 6.1%, better than the national average.
Coalton has a population of 280 with a median age of 46 years. Compare Coalton with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Coalton
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blairsville | 279 | $73,077 | $143,800 | Compare |
| Bureau Junction | 279 | $54,063 | $53,700 | Compare |
| Grand Detour | 282 | $74,141 | $162,500 | Compare |
| Oakdale | 283 | $95,000 | $95,000 | Compare |
| Montrose | 276 | $54,821 | $125,000 | Compare |
| Omaha | 276 | $63,750 | $44,600 | Compare |
| Standard | 284 | $52,500 | $108,200 | Compare |
| Menominee | 275 | $115,000 | $253,100 | 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.
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Frequently Asked Questions about Coalton
What is the population of Coalton, IL?
The population of Coalton, IL is 280 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 Coalton?
The median household income in Coalton, IL is $76,250 per year, which is 1% above the national median of $75,149.
What is the median home value in Coalton?
The median home value in Coalton, IL is $81,000, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Coalton?
The median monthly rent in Coalton, IL is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Coalton?
The unemployment rate in Coalton, IL is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Coalton, IL a good place to live?
Coalton offers above-average incomes, affordable housing, and a strong job market. With a population of 280 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Coalton, IL?
12.0% of residents in Coalton 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 Coalton?
Key cost-of-living indicators for Coalton, IL: median home value is $81,000 (67% below national), median rent is $775/month, and median household income is $76,250. The home-value-to-income ratio is 1.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Coalton?
The poverty rate in Coalton, IL is 6.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Coalton, IL?
Coalton's population is 0.0% White, 0.4% Hispanic or Latino, 0.7% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.4% of residents are foreign-born.