Gladstone, IL
Population 176 · Illinois
About Gladstone, IL
Gladstone is a small community located in Illinois with a population of 176 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,500 per year, which is 43% below the national median of $75,149. The median age of 62.8 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 Gladstone features a median home value of $56,800, which is 77% below the national median of $244,900. This makes Gladstone one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $493, 58% below the national average of $1,163/month. Of the 111 total housing units, 82% are owner-occupied (79 units) and 18% are renter-occupied (17 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Gladstone shows an unemployment rate of 22.2%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 10.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Gladstone have an average one-way commute time of 24.8 minutes.
Education & Demographics
5.7% of Gladstone 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, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Gladstone Ranks in Illinois
Cost of Living in Gladstone, IL
Compared to national averages, Gladstone has a median household income of $42,500 (43% below the national median of $75,149). Home values average $56,800, which is 77% below the national median. Monthly rent at $493 is 58% below the US average of $1,163. Within Illinois, Gladstone's income is 43% below the state average of $75,072, and home values are 66% below the state median of $165,779.
Why Live in Gladstone, IL?
Gladstone offers affordable housing with a median home value of $56,800, below the US average of $244,900, and rent that’s lower than the national average at $493/month, and a low poverty rate of 10.2%, better than the national average. Additionally, the city features short commute times averaging just 24.8 minutes.
Potential considerations include median household income ($42,500) that falls below the national average. However, Gladstone’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Gladstone has a population of 176 with a median age of 62.8 years. Compare Gladstone with other cities to see how it stacks up, or explore all cities in Illinois.
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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 Gladstone
What is the population of Gladstone, IL?
The population of Gladstone, IL is 176 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 Gladstone?
The median household income in Gladstone, IL is $42,500 per year, which is 43% below the national median of $75,149.
What is the median home value in Gladstone?
The median home value in Gladstone, IL is $56,800, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Gladstone?
The median monthly rent in Gladstone, IL is $493, which is 58% below the national average of $1,163/month.
What is the unemployment rate in Gladstone?
The unemployment rate in Gladstone, IL is 22.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Gladstone, IL a good place to live?
Gladstone offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 176 and a median age of 62.8, the city appeals to established professionals and retirees.
How educated is Gladstone, IL?
5.7% of residents in Gladstone 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 Gladstone?
Key cost-of-living indicators for Gladstone, IL: median home value is $56,800 (77% below national), median rent is $493/month, and median household income is $42,500. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Gladstone?
The poverty rate in Gladstone, IL is 10.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Gladstone, IL?
Gladstone's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.