Cornell, IL
Population 419 · Illinois
About Cornell, IL
Cornell is a small community in Illinois with a population of 419 residents. The median household income is $64,286 per year, which is near the national average. The median age in Cornell is 34.8 years.
Housing in Cornell has a median home value of $83,800 and median monthly rent of $871. Of the 201 total housing units, the majority are owner-occupied, with 125 owner-occupied and 43 renter-occupied units.
The unemployment rate in Cornell is 1.5% and the poverty rate is 20.1%. 16.7% of residents hold a bachelor's degree or higher. The average commute time is 19.5 minutes.
Cost of Living in Cornell, IL
Compared to national averages, Cornell has a median household income of $64,286 (14% below the national median of $75,149). Home values average $83,800, which is 66% below the national median. Monthly rent at $871 is 25% below the US average of $1,163. Within Illinois, Cornell's income is 14% below the state average of $75,072, and home values are 49% below the state median of $165,779.
Why Live in Cornell, IL?
Cornell offers affordable housing with a median home value of $83,800, below the US average of $244,900, and rent that’s lower than the national average at $871/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features short commute times averaging just 19.5 minutes.
Potential considerations include median household income ($64,286) that falls below the national average. However, Cornell’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Cornell has a population of 419 with a median age of 34.8 years. Compare Cornell with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Cornell
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Beecher City | 419 | $47,500 | $85,300 | Compare |
| Boody | 420 | $60,859 | $112,100 | Compare |
| Westfield | 418 | $62,986 | $72,000 | Compare |
| Willisville | 416 | $57,813 | $54,400 | Compare |
| Liberty | 423 | $85,417 | $124,000 | Compare |
| Monroe Center | 415 | $91,563 | $148,000 | Compare |
| Andover | 425 | $68,281 | $139,600 | Compare |
| Davis | 425 | $64,107 | $150,000 | 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.
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Frequently Asked Questions about Cornell
What is the population of Cornell, IL?
The population of Cornell, IL is 419 according to the latest Census data.
What is the median household income in Cornell?
The median household income in Cornell, IL is $64,286 per year.
What is the median home value in Cornell?
The median home value in Cornell, IL is $83,800.
What is the average rent in Cornell?
The median monthly rent in Cornell, IL is $871.
What is the unemployment rate in Cornell?
The unemployment rate in Cornell, IL is 1.5%.