Heyworth, IL
Population 2,818 · Illinois
About Heyworth, IL
Heyworth is a small town located in Illinois with a population of 2,818 residents according to the latest US Census Bureau American Community Survey data. The median household income is $90,556 per year, which is 21% above the national median of $75,149. The median age of 36.3 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Heyworth features a median home value of $196,200, which is 20% below the national median of $244,900. This positions Heyworth in a moderately priced market relative to the rest of the country. Median monthly rent is $1,026, 12% below the national average of $1,163/month. Of the 1,013 total housing units, 87% are owner-occupied (832 units) and 13% are renter-occupied (120 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Heyworth shows an unemployment rate of 3.7%, which is near the national rate of 3.7%. The poverty rate stands at 7.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Heyworth have an average one-way commute time of 25 minutes.
Education & Demographics
32.0% of Heyworth 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 5.9% White, 1.7% Hispanic or Latino, 0.2% Black or African American, and 0.0% Asian residents, with 1.2% of the population being foreign-born.
Cost of Living in Heyworth, IL
Compared to national averages, Heyworth has a median household income of $90,556 (21% above the national median of $75,149). Home values average $196,200, which is 20% below the national median. Monthly rent at $1,026 is 12% below the US average of $1,163. Within Illinois, Heyworth's income is 21% above the state average of $75,072, and home values are 18% above the state median of $165,779.
Why Live in Heyworth, IL?
Heyworth offers a strong local economy with a median household income of $90,556, well above the national average, and affordable housing with a median home value of $196,200, below the US average of $244,900, and rent that’s lower than the national average at $1,026/month. Additionally, the city features a low poverty rate of 7.0%, better than the national average.
Heyworth has a population of 2,818 with a median age of 36.3 years. Compare Heyworth with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Heyworth
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Madison | 2,788 | $44,181 | $51,200 | Compare |
| Savanna | 2,851 | $46,094 | $75,000 | Compare |
| Newton | 2,852 | $58,564 | $98,900 | Compare |
| Lena | 2,778 | $76,076 | $154,000 | Compare |
| Arcola | 2,867 | $85,697 | $122,800 | Compare |
| El Paso | 2,871 | $70,063 | $149,200 | Compare |
| Bushnell | 2,763 | $55,368 | $69,100 | Compare |
| McLeansboro | 2,750 | $46,589 | $72,200 | 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 Heyworth With Other Cities
Frequently Asked Questions about Heyworth
What is the population of Heyworth, IL?
The population of Heyworth, IL is 2,818 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 Heyworth?
The median household income in Heyworth, IL is $90,556 per year, which is 21% above the national median of $75,149.
What is the median home value in Heyworth?
The median home value in Heyworth, IL is $196,200, which is 20% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Heyworth?
The median monthly rent in Heyworth, IL is $1,026, which is 12% below the national average of $1,163/month.
What is the unemployment rate in Heyworth?
The unemployment rate in Heyworth, IL is 3.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Heyworth, IL a good place to live?
Heyworth offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,818 and a median age of 36.3, the city appeals to a broad range of residents.
How educated is Heyworth, IL?
32.0% of residents in Heyworth 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 Heyworth?
Key cost-of-living indicators for Heyworth, IL: median home value is $196,200 (20% below national), median rent is $1,026/month, and median household income is $90,556. The home-value-to-income ratio is 2.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Heyworth?
The poverty rate in Heyworth, IL is 7.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Heyworth, IL?
Heyworth's population is 5.9% White, 1.7% Hispanic or Latino, 0.2% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.