Godley, IL
Population 538 · Illinois
About Godley, IL
Godley is a small community located in Illinois with a population of 538 residents according to the latest US Census Bureau American Community Survey data. The median household income is $54,583 per year, which is 27% below the national median of $75,149. The median age of 48.8 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 Godley features a median home value of $142,000, which is 42% below the national median of $244,900. This makes Godley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,393, 20% above the national average of $1,163/month. Of the 251 total housing units, 76% are owner-occupied (179 units) and 24% are renter-occupied (58 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Godley shows an unemployment rate of 9.6%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.6%, above the national average of 12.4%. Workers in Godley have an average one-way commute time of 31.3 minutes.
Education & Demographics
10.9% of Godley 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 3.3% White, 0.4% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Godley, IL
Compared to national averages, Godley has a median household income of $54,583 (27% below the national median of $75,149). Home values average $142,000, which is 42% below the national median. Monthly rent at $1,393 is 20% above the US average of $1,163. Within Illinois, Godley's income is 27% below the state average of $75,072, and home values are 14% below the state median of $165,779.
Why Live in Godley, IL?
Godley offers affordable housing with a median home value of $142,000, below the US average of $244,900.
Potential considerations include median household income ($54,583) that falls below the national average. However, Godley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Godley has a population of 538 with a median age of 48.8 years. Compare Godley 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 Godley
What is the population of Godley, IL?
The population of Godley, IL is 538 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 Godley?
The median household income in Godley, IL is $54,583 per year, which is 27% below the national median of $75,149.
What is the median home value in Godley?
The median home value in Godley, IL is $142,000, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Godley?
The median monthly rent in Godley, IL is $1,393, which is 20% above the national average of $1,163/month.
What is the unemployment rate in Godley?
The unemployment rate in Godley, IL is 9.6%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Godley, IL a good place to live?
Godley offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 538 and a median age of 48.8, the city appeals to established professionals and retirees.
How educated is Godley, IL?
10.9% of residents in Godley 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 Godley?
Key cost-of-living indicators for Godley, IL: median home value is $142,000 (42% below national), median rent is $1,393/month, and median household income is $54,583. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Godley?
The poverty rate in Godley, IL is 15.6%, 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 Godley, IL?
Godley's population is 3.3% White, 0.4% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.3% of residents are foreign-born.