East Gillespie, IL
Population 325 · Illinois
About East Gillespie, IL
East Gillespie is a small community located in Illinois with a population of 325 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,167 per year, which is 15% below the national median of $75,149. The median age of 56.9 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 East Gillespie features a median home value of $125,000, which is 49% below the national median of $244,900. This makes East Gillespie one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $840, 28% below the national average of $1,163/month. Of the 148 total housing units, 90% are owner-occupied (120 units) and 10% are renter-occupied (14 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in East Gillespie shows an unemployment rate of 1.4%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in East Gillespie have an average one-way commute time of 28.6 minutes.
Education & Demographics
23.6% of East Gillespie 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 0.6% White, 1.8% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 0.9% of the population being foreign-born.
Cost of Living in East Gillespie, IL
Compared to national averages, East Gillespie has a median household income of $64,167 (15% below the national median of $75,149). Home values average $125,000, which is 49% below the national median. Monthly rent at $840 is 28% below the US average of $1,163. Within Illinois, East Gillespie's income is 15% below the state average of $75,072, and home values are 25% below the state median of $165,779.
Why Live in East Gillespie, IL?
East Gillespie offers affordable housing with a median home value of $125,000, below the US average of $244,900, and rent that’s lower than the national average at $840/month, and a strong job market with an unemployment rate of just 1.4%. Additionally, the city features a low poverty rate of 6.2%, better than the national average.
Potential considerations include median household income ($64,167) that falls below the national average. However, East Gillespie’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
East Gillespie has a population of 325 with a median age of 56.9 years. Compare East Gillespie with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about East Gillespie
What is the population of East Gillespie, IL?
The population of East Gillespie, IL is 325 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 East Gillespie?
The median household income in East Gillespie, IL is $64,167 per year, which is 15% below the national median of $75,149.
What is the median home value in East Gillespie?
The median home value in East Gillespie, IL is $125,000, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in East Gillespie?
The median monthly rent in East Gillespie, IL is $840, which is 28% below the national average of $1,163/month.
What is the unemployment rate in East Gillespie?
The unemployment rate in East Gillespie, IL is 1.4%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is East Gillespie, IL a good place to live?
East Gillespie offers a moderate cost of living, affordable housing, and a strong job market. With a population of 325 and a median age of 56.9, the city appeals to established professionals and retirees.
How educated is East Gillespie, IL?
23.6% of residents in East Gillespie 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 East Gillespie?
Key cost-of-living indicators for East Gillespie, IL: median home value is $125,000 (49% below national), median rent is $840/month, and median household income is $64,167. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in East Gillespie?
The poverty rate in East Gillespie, IL is 6.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is East Gillespie, IL?
East Gillespie's population is 0.6% White, 1.8% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.