Flanagan, IL
Population 864 · Illinois
About Flanagan, IL
Flanagan is a small community located in Illinois with a population of 864 residents according to the latest US Census Bureau American Community Survey data. The median household income is $75,104 per year, which is 0% below the national median of $75,149. The median age of 49.2 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 Flanagan features a median home value of $103,900, which is 58% below the national median of $244,900. This makes Flanagan one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $839, 28% below the national average of $1,163/month. Of the 459 total housing units, 83% are owner-occupied (314 units) and 17% are renter-occupied (65 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Flanagan shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Flanagan have an average one-way commute time of 19.7 minutes, one of the shorter commutes in the region.
Education & Demographics
20.4% of Flanagan 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 0.3% White, 1.2% Hispanic or Latino, 0.3% Black or African American, and 0.0% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Flanagan, IL
Compared to national averages, Flanagan has a median household income of $75,104 (0% below the national median of $75,149). Home values average $103,900, which is 58% below the national median. Monthly rent at $839 is 28% below the US average of $1,163. Within Illinois, Flanagan's income is 0% above the state average of $75,072, and home values are 37% below the state median of $165,779.
Why Live in Flanagan, IL?
Flanagan offers affordable housing with a median home value of $103,900, below the US average of $244,900, and rent that’s lower than the national average at $839/month, and a strong job market with an unemployment rate of just 2.5%. Additionally, the city features a low poverty rate of 10.7%, better than the national average, and short commute times averaging just 19.7 minutes.
Potential considerations include median household income ($75,104) that falls below the national average. However, Flanagan’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Flanagan has a population of 864 with a median age of 49.2 years. Compare Flanagan 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 Flanagan
What is the population of Flanagan, IL?
The population of Flanagan, IL is 864 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 Flanagan?
The median household income in Flanagan, IL is $75,104 per year, which is 0% below the national median of $75,149.
What is the median home value in Flanagan?
The median home value in Flanagan, IL is $103,900, which is 58% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Flanagan?
The median monthly rent in Flanagan, IL is $839, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Flanagan?
The unemployment rate in Flanagan, IL is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Flanagan, IL a good place to live?
Flanagan offers a moderate cost of living, affordable housing, and a strong job market. With a population of 864 and a median age of 49.2, the city appeals to established professionals and retirees.
How educated is Flanagan, IL?
20.4% of residents in Flanagan 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 Flanagan?
Key cost-of-living indicators for Flanagan, IL: median home value is $103,900 (58% below national), median rent is $839/month, and median household income is $75,104. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Flanagan?
The poverty rate in Flanagan, IL is 10.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Flanagan, IL?
Flanagan's population is 0.3% White, 1.2% Hispanic or Latino, 0.3% Black or African American, 0.0% Asian, and 0.3% two or more races. 0.8% of residents are foreign-born.