Herscher, IL
Population 1,302 · Illinois
About Herscher, IL
Herscher is a small town located in Illinois with a population of 1,302 residents according to the latest US Census Bureau American Community Survey data. The median household income is $100,833 per year, which is 34% above the national median of $75,149. The median age of 39.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Herscher features a median home value of $198,200, which is 19% below the national median of $244,900. This positions Herscher in a moderately priced market relative to the rest of the country. Median monthly rent is $1,093, 6% below the national average of $1,163/month. Of the 563 total housing units, 74% are owner-occupied (367 units) and 26% are renter-occupied (129 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Herscher shows an unemployment rate of 5.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 4.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Herscher have an average one-way commute time of 26.6 minutes.
Education & Demographics
33.5% of Herscher 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 1.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.4% of the population being foreign-born.
Cost of Living in Herscher, IL
Compared to national averages, Herscher has a median household income of $100,833 (34% above the national median of $75,149). Home values average $198,200, which is 19% below the national median. Monthly rent at $1,093 is 6% below the US average of $1,163. Within Illinois, Herscher's income is 34% above the state average of $75,072, and home values are 20% above the state median of $165,779.
Why Live in Herscher, IL?
Herscher offers a strong local economy with a median household income of $100,833, well above the national average, and affordable housing with a median home value of $198,200, below the US average of $244,900, and rent that’s lower than the national average at $1,093/month. Additionally, the city features a low poverty rate of 4.9%, better than the national average.
Herscher has a population of 1,302 with a median age of 39.7 years. Compare Herscher with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Herscher
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Bunker Hill | 1,305 | $72,893 | $133,700 | Compare |
| Long Creek | 1,309 | $83,214 | $165,800 | Compare |
| Sheldon | 1,309 | $43,942 | $75,200 | Compare |
| Okawville | 1,312 | $84,881 | $161,400 | Compare |
| Timberlane | 1,291 | $194,286 | $349,700 | Compare |
| Toluca | 1,313 | $66,667 | $110,000 | Compare |
| Louisville | 1,288 | $44,318 | $86,300 | Compare |
| Gardner | 1,319 | $82,125 | $183,300 | 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 Herscher With Other Cities
Frequently Asked Questions about Herscher
What is the population of Herscher, IL?
The population of Herscher, IL is 1,302 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Herscher?
The median household income in Herscher, IL is $100,833 per year, which is 34% above the national median of $75,149.
What is the median home value in Herscher?
The median home value in Herscher, IL is $198,200, which is 19% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Herscher?
The median monthly rent in Herscher, IL is $1,093, which is 6% below the national average of $1,163/month.
What is the unemployment rate in Herscher?
The unemployment rate in Herscher, IL is 5.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Herscher, IL a good place to live?
Herscher offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 1,302 and a median age of 39.7, the city appeals to a broad range of residents.
How educated is Herscher, IL?
33.5% of residents in Herscher 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 Herscher?
Key cost-of-living indicators for Herscher, IL: median home value is $198,200 (19% below national), median rent is $1,093/month, and median household income is $100,833. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Herscher?
The poverty rate in Herscher, IL is 4.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Herscher, IL?
Herscher's population is 1.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.8% two or more races. 0.4% of residents are foreign-born.