Danvers, IL
Population 951 · Illinois
About Danvers, IL
Danvers is a small community located in Illinois with a population of 951 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,964 per year, which is 11% below the national median of $75,149. The median age of 35.9 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Danvers features a median home value of $156,500, which is 36% below the national median of $244,900. This positions Danvers in a moderately priced market relative to the rest of the country. Median monthly rent is $1,147, 1% below the national average of $1,163/month. Of the 407 total housing units, 82% are owner-occupied (318 units) and 18% are renter-occupied (69 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Danvers 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 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Danvers have an average one-way commute time of 28.8 minutes.
Education & Demographics
37.1% of Danvers 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 0.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Danvers, IL
Compared to national averages, Danvers has a median household income of $66,964 (11% below the national median of $75,149). Home values average $156,500, which is 36% below the national median. Monthly rent at $1,147 is 1% below the US average of $1,163. Within Illinois, Danvers's income is 11% below the state average of $75,072, and home values are 6% below the state median of $165,779.
Why Live in Danvers, IL?
Danvers offers affordable housing with a median home value of $156,500, below the US average of $244,900, and rent that’s lower than the national average at $1,147/month, and a strong job market with an unemployment rate of just 3.4%. Additionally, the city features a well-educated community where 37.1% of residents hold a bachelor’s degree or higher, and a low poverty rate of 8.5%, better than the national average.
Potential considerations include median household income ($66,964) that falls below the national average. However, Danvers’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Danvers has a population of 951 with a median age of 35.9 years. Compare Danvers with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Danvers
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| South Pekin | 949 | $64,750 | $106,000 | Compare |
| Harrison | 948 | $75,417 | $128,600 | Compare |
| Oakland | 948 | $49,571 | $97,200 | Compare |
| Annawan | 955 | $71,250 | $138,200 | Compare |
| Colfax | 955 | $71,528 | $123,000 | Compare |
| Essex | 956 | $101,094 | $219,000 | Compare |
| Orangeville | 957 | $70,833 | $135,600 | Compare |
| Cissna Park | 960 | $50,625 | $117,900 | 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 Danvers
What is the population of Danvers, IL?
The population of Danvers, IL is 951 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 Danvers?
The median household income in Danvers, IL is $66,964 per year, which is 11% below the national median of $75,149.
What is the median home value in Danvers?
The median home value in Danvers, IL is $156,500, which is 36% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Danvers?
The median monthly rent in Danvers, IL is $1,147, which is 1% below the national average of $1,163/month.
What is the unemployment rate in Danvers?
The unemployment rate in Danvers, 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 Danvers, IL a good place to live?
Danvers offers a moderate cost of living, affordable housing, and a strong job market. With a population of 951 and a median age of 35.9, the city appeals to a broad range of residents.
How educated is Danvers, IL?
37.1% of residents in Danvers aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Danvers?
Key cost-of-living indicators for Danvers, IL: median home value is $156,500 (36% below national), median rent is $1,147/month, and median household income is $66,964. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Danvers?
The poverty rate in Danvers, IL is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Danvers, IL?
Danvers's population is 0.1% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.4% two or more races. 0.4% of residents are foreign-born.