Harvard, IL
Population 9,875 · Illinois
About Harvard, IL
Harvard is a small community in Illinois with a population of 9,875 residents. The median household income is $71,418 per year, which is above the national average. The median age in Harvard is 30.5 years.
Housing in Harvard has a median home value of $174,000 and median monthly rent of $1,184. Of the 3,443 total housing units, the majority are owner-occupied, with 1,979 owner-occupied and 1,260 renter-occupied units.
The unemployment rate in Harvard is 6.3% and the poverty rate is 11.5%. 19.2% of residents hold a bachelor's degree or higher. The average commute time is 27.2 minutes.
Cost of Living in Harvard, IL
Compared to national averages, Harvard has a median household income of $71,418 (5% below the national median of $75,149). Home values average $174,000, which is 29% below the national median. Monthly rent at $1,184 is 2% above the US average of $1,163. Within Illinois, Harvard's income is 5% below the state average of $75,072, and home values are 5% above the state median of $165,779.
Why Live in Harvard, IL?
Harvard offers affordable housing with a median home value of $174,000, below the US average of $244,900, and a low poverty rate of 11.5%, better than the national average.
Potential considerations include median household income ($71,418) that falls below the national average. However, Harvard’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Harvard has a population of 9,875 with a median age of 30.5 years. Compare Harvard with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Harvard
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Peru | 9,863 | $68,147 | $155,600 | Compare |
| Frankfort Square | 9,777 | $126,953 | $282,100 | Compare |
| Winfield | 9,982 | $143,102 | $363,400 | Compare |
| Mahomet | 9,755 | $114,904 | $293,200 | Compare |
| Sauk Village | 9,724 | $56,946 | $101,900 | Compare |
| Flossmoor | 9,666 | $137,768 | $309,100 | Compare |
| Itasca | 9,525 | $111,898 | $375,600 | Compare |
| Highland | 10,268 | $77,886 | $185,800 | 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 Harvard
What is the population of Harvard, IL?
The population of Harvard, IL is 9,875 according to the latest Census data.
What is the median household income in Harvard?
The median household income in Harvard, IL is $71,418 per year.
What is the median home value in Harvard?
The median home value in Harvard, IL is $174,000.
What is the average rent in Harvard?
The median monthly rent in Harvard, IL is $1,184.
What is the unemployment rate in Harvard?
The unemployment rate in Harvard, IL is 6.3%.