Davis Junction, IL
Population 2,656 · Illinois
About Davis Junction, IL
Davis Junction is a small town located in Illinois with a population of 2,656 residents according to the latest US Census Bureau American Community Survey data. The median household income is $103,615 per year, which is 38% above the national median of $75,149. The median age of 29.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Davis Junction features a median home value of $198,200, which is 19% below the national median of $244,900. This positions Davis Junction in a moderately priced market relative to the rest of the country. Median monthly rent is $735, 37% below the national average of $1,163/month. Of the 886 total housing units, 93% are owner-occupied (800 units) and 7% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Davis Junction shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Davis Junction have an average one-way commute time of 35.6 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
29.6% of Davis Junction 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 15.4% White, 5.1% Hispanic or Latino, 0.4% Black or African American, and 2.5% Asian residents, with 4.6% of the population being foreign-born.
Cost of Living in Davis Junction, IL
Compared to national averages, Davis Junction has a median household income of $103,615 (38% above the national median of $75,149). Home values average $198,200, which is 19% below the national median. Monthly rent at $735 is 37% below the US average of $1,163. Within Illinois, Davis Junction's income is 38% above the state average of $75,072, and home values are 20% above the state median of $165,779.
Why Live in Davis Junction, IL?
Davis Junction offers a strong local economy with a median household income of $103,615, well above the national average, and affordable housing with a median home value of $198,200, below the US average of $244,900, and rent that’s lower than the national average at $735/month. Additionally, the city features a low poverty rate of 9.6%, better than the national average.
Davis Junction has a population of 2,656 with a median age of 29.8 years. Compare Davis Junction with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Davis Junction
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rushville | 2,668 | $57,589 | $91,000 | Compare |
| Trenton | 2,673 | $80,227 | $179,200 | Compare |
| Mount Morris | 2,679 | $38,162 | $117,600 | Compare |
| Marquette Heights | 2,613 | $77,386 | $121,600 | Compare |
| Sheridan | 2,610 | $73,214 | $183,200 | Compare |
| Venetian Village | 2,704 | $91,786 | $216,900 | Compare |
| Pawnee | 2,706 | $77,977 | $151,100 | Compare |
| Oakbrook Terrace | 2,714 | $70,586 | $315,600 | 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 Davis Junction With Other Cities
Frequently Asked Questions about Davis Junction
What is the population of Davis Junction, IL?
The population of Davis Junction, IL is 2,656 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 Davis Junction?
The median household income in Davis Junction, IL is $103,615 per year, which is 38% above the national median of $75,149.
What is the median home value in Davis Junction?
The median home value in Davis Junction, IL is $198,200, which is 19% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Davis Junction?
The median monthly rent in Davis Junction, IL is $735, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Davis Junction?
The unemployment rate in Davis Junction, IL is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Davis Junction, IL a good place to live?
Davis Junction offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,656 and a median age of 29.8, the city appeals to young professionals and families.
How educated is Davis Junction, IL?
29.6% of residents in Davis Junction 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 Davis Junction?
Key cost-of-living indicators for Davis Junction, IL: median home value is $198,200 (19% below national), median rent is $735/month, and median household income is $103,615. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Davis Junction?
The poverty rate in Davis Junction, IL is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Davis Junction, IL?
Davis Junction's population is 15.4% White, 5.1% Hispanic or Latino, 0.4% Black or African American, 2.5% Asian, and 0.6% two or more races. 4.6% of residents are foreign-born.