Itasca, IL
Population 9,525 · Illinois
About Itasca, IL
Itasca is a small town located in Illinois with a population of 9,525 residents according to the latest US Census Bureau American Community Survey data. The median household income is $111,898 per year, which is 49% above the national median of $75,149. The median age of 42.4 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Itasca features a median home value of $375,600, which is 53% above the national median of $244,900. This places Itasca in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,779, 53% above the national average of $1,163/month. Of the 4,090 total housing units, 69% are owner-occupied (2,625 units) and 31% are renter-occupied (1,202 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Itasca shows an unemployment rate of 2.7%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Itasca have an average one-way commute time of 25.7 minutes.
Education & Demographics
53.1% of Itasca residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 7.2% White, 0.6% Hispanic or Latino, 3.6% Black or African American, and 3.7% Asian residents, with 23.8% of the population being foreign-born.
Cost of Living in Itasca, IL
Compared to national averages, Itasca has a median household income of $111,898 (49% above the national median of $75,149). Home values average $375,600, which is 53% above the national median. Monthly rent at $1,779 is 53% above the US average of $1,163. Within Illinois, Itasca's income is 49% above the state average of $75,072, and home values are 127% above the state median of $165,779.
Why Live in Itasca, IL?
Itasca offers a strong local economy with a median household income of $111,898, well above the national average, and a strong job market with an unemployment rate of just 2.7%, and a well-educated community where 53.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.8%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $375,600. However, Itasca’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Itasca has a population of 9,525 with a median age of 42.4 years. Compare Itasca with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Itasca
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rochelle | 9,477 | $63,373 | $153,000 | Compare |
| LaSalle | 9,471 | $54,246 | $109,500 | Compare |
| Steger | 9,449 | $59,691 | $134,100 | Compare |
| Flossmoor | 9,666 | $137,768 | $309,100 | Compare |
| Sauk Village | 9,724 | $56,946 | $101,900 | Compare |
| Mahomet | 9,755 | $114,904 | $293,200 | Compare |
| Frankfort Square | 9,777 | $126,953 | $282,100 | Compare |
| Bethalto | 9,244 | $66,469 | $158,600 | 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 Itasca With Other Cities
Frequently Asked Questions about Itasca
What is the population of Itasca, IL?
The population of Itasca, IL is 9,525 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 Itasca?
The median household income in Itasca, IL is $111,898 per year, which is 49% above the national median of $75,149.
What is the median home value in Itasca?
The median home value in Itasca, IL is $375,600, which is 53% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Itasca?
The median monthly rent in Itasca, IL is $1,779, which is 53% above the national average of $1,163/month.
What is the unemployment rate in Itasca?
The unemployment rate in Itasca, IL is 2.7%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Itasca, IL a good place to live?
Itasca offers above-average incomes, a competitive housing market, and a strong job market. With a population of 9,525 and a median age of 42.4, the city appeals to a broad range of residents.
How educated is Itasca, IL?
53.1% of residents in Itasca aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Itasca?
Key cost-of-living indicators for Itasca, IL: median home value is $375,600 (53% above national), median rent is $1,779/month, and median household income is $111,898. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Itasca?
The poverty rate in Itasca, IL is 1.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Itasca, IL?
Itasca's population is 7.2% White, 0.6% Hispanic or Latino, 3.6% Black or African American, 3.7% Asian, and 0.7% two or more races. 23.8% of residents are foreign-born.