Humboldt, IL
Population 360 · Illinois
About Humboldt, IL
Humboldt is a small community located in Illinois with a population of 360 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,375 per year, which is 22% below the national median of $75,149. The median age of 41.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Humboldt features a median home value of $75,000, which is 69% below the national median of $244,900. This makes Humboldt one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $879, 24% below the national average of $1,163/month. Of the 166 total housing units, 75% are owner-occupied (114 units) and 25% are renter-occupied (39 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Humboldt shows an unemployment rate of 7.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Humboldt have an average one-way commute time of 24.5 minutes.
Education & Demographics
14.1% of Humboldt 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 6.7% White, 0.6% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.3% of the population being foreign-born.
Cost of Living in Humboldt, IL
Compared to national averages, Humboldt has a median household income of $58,375 (22% below the national median of $75,149). Home values average $75,000, which is 69% below the national median. Monthly rent at $879 is 24% below the US average of $1,163. Within Illinois, Humboldt's income is 22% below the state average of $75,072, and home values are 55% below the state median of $165,779.
Why Live in Humboldt, IL?
Humboldt offers affordable housing with a median home value of $75,000, below the US average of $244,900, and rent that’s lower than the national average at $879/month, and a low poverty rate of 12.1%, better than the national average. Additionally, the city features short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($58,375) that falls below the national average. However, Humboldt’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Humboldt has a population of 360 with a median age of 41.6 years. Compare Humboldt with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Humboldt
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Crab Orchard | 359 | $110,125 | $97,900 | Compare |
| Flat Rock | 362 | $49,881 | $56,700 | Compare |
| Summerfield | 358 | $58,661 | $84,100 | Compare |
| Dayton | 363 | $136,458 | $235,000 | Compare |
| Edgewood | 357 | $42,188 | $72,500 | Compare |
| Fairview | 357 | $65,250 | $79,800 | Compare |
| Little York | 357 | $54,250 | $80,700 | Compare |
| Seatonville | 363 | $47,122 | $95,400 | 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 Humboldt With Other Cities
Frequently Asked Questions about Humboldt
What is the population of Humboldt, IL?
The population of Humboldt, IL is 360 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 Humboldt?
The median household income in Humboldt, IL is $58,375 per year, which is 22% below the national median of $75,149.
What is the median home value in Humboldt?
The median home value in Humboldt, IL is $75,000, which is 69% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Humboldt?
The median monthly rent in Humboldt, IL is $879, which is 24% below the national average of $1,163/month.
What is the unemployment rate in Humboldt?
The unemployment rate in Humboldt, IL is 7.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Humboldt, IL a good place to live?
Humboldt offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 360 and a median age of 41.6, the city appeals to a broad range of residents.
How educated is Humboldt, IL?
14.1% of residents in Humboldt 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 Humboldt?
Key cost-of-living indicators for Humboldt, IL: median home value is $75,000 (69% below national), median rent is $879/month, and median household income is $58,375. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Humboldt?
The poverty rate in Humboldt, IL is 12.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Humboldt, IL?
Humboldt's population is 6.7% White, 0.6% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.6% two or more races. 3.3% of residents are foreign-born.