Green Valley, IL
Population 700 · Illinois
About Green Valley, IL
Green Valley is a small community located in Illinois with a population of 700 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,986 per year, which is 16% below the national median of $75,149. The median age of 34.8 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Green Valley features a median home value of $116,700, which is 52% below the national median of $244,900. This makes Green Valley one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $725, 38% below the national average of $1,163/month. Of the 336 total housing units, 64% are owner-occupied (194 units) and 36% are renter-occupied (109 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Green Valley shows an unemployment rate of 0.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 19.7%, above the national average of 12.4%. Workers in Green Valley have an average one-way commute time of 28.8 minutes.
Education & Demographics
17.7% of Green Valley 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 0.4% White, 0.1% Hispanic or Latino, 0.0% Black or African American, and 1.3% Asian residents, with 0.6% of the population being foreign-born.
How Green Valley Ranks in Illinois
Cost of Living in Green Valley, IL
Compared to national averages, Green Valley has a median household income of $62,986 (16% below the national median of $75,149). Home values average $116,700, which is 52% below the national median. Monthly rent at $725 is 38% below the US average of $1,163. Within Illinois, Green Valley's income is 16% below the state average of $75,072, and home values are 30% below the state median of $165,779.
Why Live in Green Valley, IL?
Green Valley offers affordable housing with a median home value of $116,700, below the US average of $244,900, and rent that’s lower than the national average at $725/month, and a strong job market with an unemployment rate of just 0.5%.
Potential considerations include median household income ($62,986) that falls below the national average. However, Green Valley’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Green Valley has a population of 700 with a median age of 34.8 years. Compare Green Valley with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Green Valley
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aroma Park | 702 | $72,250 | $150,400 | Compare |
| Matherville | 703 | $80,714 | $136,200 | Compare |
| Cedarville | 705 | $59,712 | $110,600 | Compare |
| Sherrard | 705 | $86,932 | $130,400 | Compare |
| Tovey | 707 | $81,250 | $78,200 | Compare |
| Brimfield | 692 | $61,417 | $144,800 | Compare |
| North City | 708 | $50,469 | $107,400 | Compare |
| Taylor Springs | 691 | $45,323 | $67,100 | 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 Green Valley With Other Cities
Frequently Asked Questions about Green Valley
What is the population of Green Valley, IL?
The population of Green Valley, IL is 700 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 Green Valley?
The median household income in Green Valley, IL is $62,986 per year, which is 16% below the national median of $75,149.
What is the median home value in Green Valley?
The median home value in Green Valley, IL is $116,700, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Green Valley?
The median monthly rent in Green Valley, IL is $725, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Green Valley?
The unemployment rate in Green Valley, IL is 0.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Green Valley, IL a good place to live?
Green Valley offers a moderate cost of living, affordable housing, and a strong job market. With a population of 700 and a median age of 34.8, the city appeals to young professionals and families.
How educated is Green Valley, IL?
17.7% of residents in Green Valley 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 Green Valley?
Key cost-of-living indicators for Green Valley, IL: median home value is $116,700 (52% below national), median rent is $725/month, and median household income is $62,986. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Green Valley?
The poverty rate in Green Valley, IL is 19.7%, 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 Green Valley, IL?
Green Valley's population is 0.4% White, 0.1% Hispanic or Latino, 0.0% Black or African American, 1.3% Asian, and 0.0% two or more races. 0.6% of residents are foreign-born.