Equality, IL
Population 539 · Illinois
About Equality, IL
Equality is a small community in Illinois with a population of 539 residents. The median household income is $42,500 per year, which is below the national average. The median age in Equality is 45.3 years.
Housing in Equality has a median home value of $84,500 and median monthly rent of $419. Of the 292 total housing units, the majority are owner-occupied, with 194 owner-occupied and 44 renter-occupied units.
The unemployment rate in Equality is 5.0% and the poverty rate is 16.9%. 7.3% of residents hold a bachelor's degree or higher. The average commute time is 25.5 minutes.
How Equality Ranks in Illinois
Cost of Living in Equality, IL
Compared to national averages, Equality has a median household income of $42,500 (43% below the national median of $75,149). Home values average $84,500, which is 65% below the national median. Monthly rent at $419 is 64% below the US average of $1,163. Within Illinois, Equality's income is 43% below the state average of $75,072, and home values are 49% below the state median of $165,779.
Why Live in Equality, IL?
Equality offers affordable housing with a median home value of $84,500, below the US average of $244,900, and rent that’s lower than the national average at $419/month.
Potential considerations include median household income ($42,500) that falls below the national average. However, Equality’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Equality has a population of 539 with a median age of 45.3 years. Compare Equality 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 Equality
What is the population of Equality, IL?
The population of Equality, IL is 539 according to the latest Census data.
What is the median household income in Equality?
The median household income in Equality, IL is $42,500 per year.
What is the median home value in Equality?
The median home value in Equality, IL is $84,500.
What is the average rent in Equality?
The median monthly rent in Equality, IL is $419.
What is the unemployment rate in Equality?
The unemployment rate in Equality, IL is 5.0%.