Kane, IL
Population 246 · Illinois
About Kane, IL
Kane is a small community located in Illinois with a population of 246 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,794 per year, which is 23% below the national median of $75,149. The median age of 41.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Kane features a median home value of $81,100, which is 67% below the national median of $244,900. This makes Kane one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $833, 28% below the national average of $1,163/month. Of the 147 total housing units, 82% are owner-occupied (72 units) and 18% are renter-occupied (16 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Kane shows an unemployment rate of 0.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.0%, above the national average of 12.4%. Workers in Kane have an average one-way commute time of 29 minutes.
Education & Demographics
3.1% of Kane 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 1.2% White, 4.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.0% of the population being foreign-born.
How Kane Ranks in Illinois
Cost of Living in Kane, IL
Compared to national averages, Kane has a median household income of $57,794 (23% below the national median of $75,149). Home values average $81,100, which is 67% below the national median. Monthly rent at $833 is 28% below the US average of $1,163. Within Illinois, Kane's income is 23% below the state average of $75,072, and home values are 51% below the state median of $165,779.
Why Live in Kane, IL?
Kane offers affordable housing with a median home value of $81,100, below the US average of $244,900, and rent that’s lower than the national average at $833/month, and a strong job market with an unemployment rate of just 0.8%.
Potential considerations include median household income ($57,794) that falls below the national average. However, Kane’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Kane has a population of 246 with a median age of 41.5 years. Compare Kane with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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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 Kane
What is the population of Kane, IL?
The population of Kane, IL is 246 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 Kane?
The median household income in Kane, IL is $57,794 per year, which is 23% below the national median of $75,149.
What is the median home value in Kane?
The median home value in Kane, IL is $81,100, which is 67% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Kane?
The median monthly rent in Kane, IL is $833, which is 28% below the national average of $1,163/month.
What is the unemployment rate in Kane?
The unemployment rate in Kane, IL is 0.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Kane, IL a good place to live?
Kane offers a moderate cost of living, affordable housing, and a strong job market. With a population of 246 and a median age of 41.5, the city appeals to a broad range of residents.
How educated is Kane, IL?
3.1% of residents in Kane 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 Kane?
Key cost-of-living indicators for Kane, IL: median home value is $81,100 (67% below national), median rent is $833/month, and median household income is $57,794. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Kane?
The poverty rate in Kane, IL is 16.0%, 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 Kane, IL?
Kane's population is 1.2% White, 4.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.6% two or more races. 2.0% of residents are foreign-born.