Godfrey, IL
Population 17,743 · Illinois
About Godfrey, IL
Godfrey is a mid-sized city located in Illinois with a population of 17,743 residents according to the latest US Census Bureau American Community Survey data. The median household income is $92,746 per year, which is 23% above the national median of $75,149. The median age of 49.9 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 Godfrey features a median home value of $181,400, which is 26% below the national median of $244,900. This positions Godfrey in a moderately priced market relative to the rest of the country. Median monthly rent is $1,111, 4% below the national average of $1,163/month. Of the 8,115 total housing units, 83% are owner-occupied (6,325 units) and 17% are renter-occupied (1,271 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Godfrey shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Godfrey have an average one-way commute time of 26.1 minutes.
Education & Demographics
33.4% of Godfrey residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.9% White, 0.6% Hispanic or Latino, 0.1% Black or African American, and 0.5% Asian residents, with 0.8% of the population being foreign-born.
Cost of Living in Godfrey, IL
Compared to national averages, Godfrey has a median household income of $92,746 (23% above the national median of $75,149). Home values average $181,400, which is 26% below the national median. Monthly rent at $1,111 is 4% below the US average of $1,163. Within Illinois, Godfrey's income is 24% above the state average of $75,072, and home values are 9% above the state median of $165,779.
Why Live in Godfrey, IL?
Godfrey offers a strong local economy with a median household income of $92,746, well above the national average, and affordable housing with a median home value of $181,400, below the US average of $244,900, and rent that’s lower than the national average at $1,111/month. Additionally, the city features a strong job market with an unemployment rate of just 3.5%, and a low poverty rate of 6.7%, better than the national average.
Godfrey has a population of 17,743 with a median age of 49.9 years. Compare Godfrey with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Godfrey
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lemont | 17,643 | $126,100 | $447,800 | Compare |
| Cary | 17,875 | $109,790 | $287,000 | Compare |
| Jacksonville | 17,490 | $62,615 | $128,300 | Compare |
| Bourbonnais | 18,109 | $81,017 | $242,600 | Compare |
| Palos Hills | 18,139 | $83,969 | $259,200 | Compare |
| Shorewood | 18,218 | $122,648 | $324,600 | Compare |
| Franklin Park | 18,233 | $76,009 | $261,700 | Compare |
| Sycamore | 18,243 | $80,837 | $254,200 | 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.
Compare Godfrey With Other Cities
Frequently Asked Questions about Godfrey
What is the population of Godfrey, IL?
The population of Godfrey, IL is 17,743 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Godfrey?
The median household income in Godfrey, IL is $92,746 per year, which is 23% above the national median of $75,149.
What is the median home value in Godfrey?
The median home value in Godfrey, IL is $181,400, which is 26% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Godfrey?
The median monthly rent in Godfrey, IL is $1,111, which is 4% below the national average of $1,163/month.
What is the unemployment rate in Godfrey?
The unemployment rate in Godfrey, IL is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Godfrey, IL a good place to live?
Godfrey offers above-average incomes, affordable housing, and a strong job market. With a population of 17,743 and a median age of 49.9, the city appeals to established professionals and retirees.
How educated is Godfrey, IL?
33.4% of residents in Godfrey 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 Godfrey?
Key cost-of-living indicators for Godfrey, IL: median home value is $181,400 (26% below national), median rent is $1,111/month, and median household income is $92,746. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Godfrey?
The poverty rate in Godfrey, IL is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Godfrey, IL?
Godfrey's population is 0.9% White, 0.6% Hispanic or Latino, 0.1% Black or African American, 0.5% Asian, and 5.1% two or more races. 0.8% of residents are foreign-born.