Freeport, IL
Population 23,636 · Illinois
About Freeport, IL
Freeport is a mid-sized city in Illinois with a population of 23,636 residents. The median household income is $48,181 per year, which is below the national average. The median age in Freeport is 43.2 years.
Housing in Freeport has a median home value of $86,100 and median monthly rent of $760. Of the 12,153 total housing units, the majority are owner-occupied, with 6,494 owner-occupied and 4,532 renter-occupied units.
The unemployment rate in Freeport is 5.4% and the poverty rate is 18.2%. 20.0% of residents hold a bachelor's degree or higher. The average commute time is 16.3 minutes.
Cost of Living in Freeport, IL
Compared to national averages, Freeport has a median household income of $48,181 (36% below the national median of $75,149). Home values average $86,100, which is 65% below the national median. Monthly rent at $760 is 35% below the US average of $1,163. Within Illinois, Freeport's income is 36% below the state average of $75,072, and home values are 48% below the state median of $165,779.
Why Live in Freeport, IL?
Freeport offers affordable housing with a median home value of $86,100, below the US average of $244,900, and rent that’s lower than the national average at $760/month, and short commute times averaging just 16.3 minutes.
Potential considerations include median household income ($48,181) that falls below the national average. However, Freeport’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Freeport has a population of 23,636 with a median age of 43.2 years. Compare Freeport with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Freeport
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Blue Island | 23,416 | $60,965 | $169,800 | Compare |
| Lisle | 23,413 | $106,173 | $407,000 | Compare |
| Rolling Meadows | 23,981 | $100,424 | $299,700 | Compare |
| Elmwood Park | 23,982 | $84,121 | $325,000 | Compare |
| South Elgin | 23,984 | $123,744 | $296,100 | Compare |
| Loves Park | 23,185 | $58,633 | $144,900 | Compare |
| Maywood | 23,173 | $66,498 | $212,600 | Compare |
| Collinsville | 24,126 | $65,170 | $157,700 | 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 Freeport
What is the population of Freeport, IL?
The population of Freeport, IL is 23,636 according to the latest Census data.
What is the median household income in Freeport?
The median household income in Freeport, IL is $48,181 per year.
What is the median home value in Freeport?
The median home value in Freeport, IL is $86,100.
What is the average rent in Freeport?
The median monthly rent in Freeport, IL is $760.
What is the unemployment rate in Freeport?
The unemployment rate in Freeport, IL is 5.4%.