Irwin, IL
Population 60 · Illinois
About Irwin, IL
Irwin is a small community located in Illinois with a population of 60 residents according to the latest US Census Bureau American Community Survey data. The median household income is $87,083 per year, which is 16% above the national median of $75,149. The median age of 38 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Irwin features a median home value of $144,600, which is 41% below the national median of $244,900. This makes Irwin one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,125, 3% below the national average of $1,163/month. Of the 33 total housing units, 84% are owner-occupied (21 units) and 16% are renter-occupied (4 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Irwin shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Irwin have an average one-way commute time of 23.8 minutes.
Education & Demographics
25.6% of Irwin 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 5.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 5.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Irwin, IL
Compared to national averages, Irwin has a median household income of $87,083 (16% above the national median of $75,149). Home values average $144,600, which is 41% below the national median. Monthly rent at $1,125 is 3% below the US average of $1,163. Within Illinois, Irwin's income is 16% above the state average of $75,072, and home values are 13% below the state median of $165,779.
Why Live in Irwin, IL?
Irwin offers a strong local economy with a median household income of $87,083, well above the national average, and affordable housing with a median home value of $144,600, below the US average of $244,900, and rent that’s lower than the national average at $1,125/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 6.7%, better than the national average, and short commute times averaging just 23.8 minutes.
Irwin has a population of 60 with a median age of 38 years. Compare Irwin with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Irwin
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Marcelline | 60 | $0 | $0 | Compare |
| Literberry | 61 | $0 | $0 | Compare |
| East Brooklyn | 58 | $88,750 | $203,100 | Compare |
| Keenes | 63 | $59,375 | $0 | Compare |
| La Prairie | 57 | $80,694 | $95,000 | Compare |
| Osco | 63 | $0 | $110,400 | Compare |
| Adeline | 64 | $55,000 | $87,500 | Compare |
| Lorenzo | 64 | $0 | $0 | 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 Irwin
What is the population of Irwin, IL?
The population of Irwin, IL is 60 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 Irwin?
The median household income in Irwin, IL is $87,083 per year, which is 16% above the national median of $75,149.
What is the median home value in Irwin?
The median home value in Irwin, IL is $144,600, which is 41% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Irwin?
The median monthly rent in Irwin, IL is $1,125, which is 3% below the national average of $1,163/month.
What is the unemployment rate in Irwin?
The unemployment rate in Irwin, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Irwin, IL a good place to live?
Irwin offers above-average incomes, affordable housing, and a strong job market. With a population of 60 and a median age of 38, the city appeals to a broad range of residents.
How educated is Irwin, IL?
25.6% of residents in Irwin 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 Irwin?
Key cost-of-living indicators for Irwin, IL: median home value is $144,600 (41% below national), median rent is $1,125/month, and median household income is $87,083. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Irwin?
The poverty rate in Irwin, IL is 6.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Irwin, IL?
Irwin's population is 5.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 5.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.