Eldred, IL
Population 184 · Illinois
About Eldred, IL
Eldred is a small community in Illinois with a population of 184 residents. The median household income is $67,500 per year, which is near the national average. The median age in Eldred is 51.7 years.
Housing in Eldred has a median home value of $82,800 and median monthly rent of $542. Of the 113 total housing units, the majority are owner-occupied, with 81 owner-occupied and 15 renter-occupied units.
The unemployment rate in Eldred is 0.9% and the poverty rate is 7.1%. 4.9% of residents hold a bachelor's degree or higher. The average commute time is 43.6 minutes.
How Eldred Ranks in Illinois
Cost of Living in Eldred, IL
Compared to national averages, Eldred has a median household income of $67,500 (10% below the national median of $75,149). Home values average $82,800, which is 66% below the national median. Monthly rent at $542 is 53% below the US average of $1,163. Within Illinois, Eldred's income is 10% below the state average of $75,072, and home values are 50% below the state median of $165,779.
Why Live in Eldred, IL?
Eldred offers affordable housing with a median home value of $82,800, below the US average of $244,900, and rent that’s lower than the national average at $542/month, and a strong job market with an unemployment rate of just 0.9%. Additionally, the city features a low poverty rate of 7.1%, better than the national average.
Potential considerations include median household income ($67,500) that falls below the national average. However, Eldred’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Eldred has a population of 184 with a median age of 51.7 years. Compare Eldred with other cities to see how it stacks up, or explore all cities in Illinois.
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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 Eldred
What is the population of Eldred, IL?
The population of Eldred, IL is 184 according to the latest Census data.
What is the median household income in Eldred?
The median household income in Eldred, IL is $67,500 per year.
What is the median home value in Eldred?
The median home value in Eldred, IL is $82,800.
What is the average rent in Eldred?
The median monthly rent in Eldred, IL is $542.
What is the unemployment rate in Eldred?
The unemployment rate in Eldred, IL is 0.9%.