Eldorado, IL
Population 3,762 · Illinois
About Eldorado, IL
Eldorado is a small community in Illinois with a population of 3,762 residents. The median household income is $39,766 per year, which is below the national average. The median age in Eldorado is 45.8 years.
Housing in Eldorado has a median home value of $68,600 and median monthly rent of $630. Of the 2,050 total housing units, the majority are owner-occupied, with 1,212 owner-occupied and 533 renter-occupied units.
The unemployment rate in Eldorado is 1.3% and the poverty rate is 20.9%. 15.9% of residents hold a bachelor's degree or higher. The average commute time is 21.5 minutes.
Cost of Living in Eldorado, IL
Compared to national averages, Eldorado has a median household income of $39,766 (47% below the national median of $75,149). Home values average $68,600, which is 72% below the national median. Monthly rent at $630 is 46% below the US average of $1,163. Within Illinois, Eldorado's income is 47% below the state average of $75,072, and home values are 59% below the state median of $165,779.
Why Live in Eldorado, IL?
Eldorado offers affordable housing with a median home value of $68,600, below the US average of $244,900, and rent that’s lower than the national average at $630/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features short commute times averaging just 21.5 minutes.
Potential considerations include median household income ($39,766) that falls below the national average. However, Eldorado’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldorado has a population of 3,762 with a median age of 45.8 years. Compare Eldorado with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Eldorado
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aledo | 3,753 | $62,829 | $140,000 | Compare |
| Morrison | 3,781 | $67,580 | $117,300 | Compare |
| Byron | 3,742 | $78,235 | $182,600 | Compare |
| Rochester | 3,784 | $112,689 | $241,900 | Compare |
| Red Bud | 3,789 | $68,051 | $170,300 | Compare |
| Dwight | 3,794 | $67,712 | $143,200 | Compare |
| Oglesby | 3,723 | $71,618 | $130,900 | Compare |
| Deer Park | 3,711 | $160,750 | $636,200 | 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 Eldorado
What is the population of Eldorado, IL?
The population of Eldorado, IL is 3,762 according to the latest Census data.
What is the median household income in Eldorado?
The median household income in Eldorado, IL is $39,766 per year.
What is the median home value in Eldorado?
The median home value in Eldorado, IL is $68,600.
What is the average rent in Eldorado?
The median monthly rent in Eldorado, IL is $630.
What is the unemployment rate in Eldorado?
The unemployment rate in Eldorado, IL is 1.3%.