Irving, IL
Population 407 · Illinois
About Irving, IL
Irving is a small community located in Illinois with a population of 407 residents according to the latest US Census Bureau American Community Survey data. The median household income is $46,250 per year, which is 38% below the national median of $75,149. The median age of 40.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Irving features a median home value of $44,600, which is 82% below the national median of $244,900. This makes Irving one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $478, 59% below the national average of $1,163/month. Of the 163 total housing units, 77% are owner-occupied (118 units) and 23% are renter-occupied (36 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Irving shows an unemployment rate of 5.5%, which is near the national rate of 3.7%. The poverty rate stands at 22.1%, above the national average of 12.4%. Workers in Irving have an average one-way commute time of 31 minutes.
Education & Demographics
12.3% of Irving 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 1.0% White, 3.7% Hispanic or Latino, 0.0% Black or African American, and 2.2% Asian residents, with 2.7% of the population being foreign-born.
How Irving Ranks in Illinois
Cost of Living in Irving, IL
Compared to national averages, Irving has a median household income of $46,250 (38% below the national median of $75,149). Home values average $44,600, which is 82% below the national median. Monthly rent at $478 is 59% below the US average of $1,163. Within Illinois, Irving's income is 38% below the state average of $75,072, and home values are 73% below the state median of $165,779.
Why Live in Irving, IL?
Irving offers affordable housing with a median home value of $44,600, below the US average of $244,900, and rent that’s lower than the national average at $478/month.
Potential considerations include median household income ($46,250) that falls below the national average. However, Irving’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Irving has a population of 407 with a median age of 40.7 years. Compare Irving with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Irving
Cities in Illinois with a similar population size.
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 Irving With Other Cities
Frequently Asked Questions about Irving
What is the population of Irving, IL?
The population of Irving, IL is 407 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 Irving?
The median household income in Irving, IL is $46,250 per year, which is 38% below the national median of $75,149.
What is the median home value in Irving?
The median home value in Irving, IL is $44,600, which is 82% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Irving?
The median monthly rent in Irving, IL is $478, which is 59% below the national average of $1,163/month.
What is the unemployment rate in Irving?
The unemployment rate in Irving, IL is 5.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Irving, IL a good place to live?
Irving offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 407 and a median age of 40.7, the city appeals to a broad range of residents.
How educated is Irving, IL?
12.3% of residents in Irving 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 Irving?
Key cost-of-living indicators for Irving, IL: median home value is $44,600 (82% below national), median rent is $478/month, and median household income is $46,250. The home-value-to-income ratio is 1.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Irving?
The poverty rate in Irving, IL is 22.1%, 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 Irving, IL?
Irving's population is 1.0% White, 3.7% Hispanic or Latino, 0.0% Black or African American, 2.2% Asian, and 0.7% two or more races. 2.7% of residents are foreign-born.