Ferris, IL
Population 135 · Illinois
About Ferris, IL
Ferris is a small community located in Illinois with a population of 135 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,250 per year, which is 32% below the national median of $75,149. The median age of 55.6 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 Ferris features a median home value of $80,800, which is 67% below the national median of $244,900. This makes Ferris one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 60 total housing units, 93% are owner-occupied (50 units) and 7% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Ferris shows an unemployment rate of 14.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 22.2%, above the national average of 12.4%. Workers in Ferris have an average one-way commute time of 27.1 minutes.
Education & Demographics
5.7% of Ferris residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, and 0.7% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Ferris, IL
Compared to national averages, Ferris has a median household income of $51,250 (32% below the national median of $75,149). Home values average $80,800, which is 67% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Ferris's income is 32% below the state average of $75,072, and home values are 51% below the state median of $165,779.
Why Live in Ferris, IL?
Ferris offers affordable housing with a median home value of $80,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month.
Potential considerations include median household income ($51,250) that falls below the national average. However, Ferris’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ferris has a population of 135 with a median age of 55.6 years. Compare Ferris with other cities to see how it stacks up, or explore all cities in Illinois.
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Cities in Illinois with a similar population size.
Demographics
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Economy & Education
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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 Ferris
What is the population of Ferris, IL?
The population of Ferris, IL is 135 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 Ferris?
The median household income in Ferris, IL is $51,250 per year, which is 32% below the national median of $75,149.
What is the median home value in Ferris?
The median home value in Ferris, IL is $80,800, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Ferris?
The median monthly rent in Ferris, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Ferris?
The unemployment rate in Ferris, IL is 14.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Ferris, IL a good place to live?
Ferris offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 135 and a median age of 55.6, the city appeals to established professionals and retirees.
How educated is Ferris, IL?
5.7% of residents in Ferris 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 Ferris?
Key cost-of-living indicators for Ferris, IL: median home value is $80,800 (67% below national), median rent is $0/month, and median household income is $51,250. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Ferris?
The poverty rate in Ferris, IL is 22.2%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Ferris, IL?
Ferris's population is 0.0% White, 1.5% Hispanic or Latino, 0.0% Black or African American, 0.7% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.