Lawrence, IL
Population 213 · Illinois
About Lawrence, IL
Lawrence is a small community located in Illinois with a population of 213 residents according to the latest US Census Bureau American Community Survey data. The median household income is $94,205 per year, which is 25% above the national median of $75,149. The median age of 31.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Lawrence features a median home value of $218,800, which is 11% below the national median of $244,900. This positions Lawrence in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 72 total housing units, 100% are owner-occupied (72 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lawrence shows an unemployment rate of 6.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 12.2%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lawrence have an average one-way commute time of 32.5 minutes.
Education & Demographics
15.4% of Lawrence 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 0.0% White, 1.9% Hispanic or Latino, 3.8% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Lawrence, IL
Compared to national averages, Lawrence has a median household income of $94,205 (25% above the national median of $75,149). Home values average $218,800, which is 11% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Lawrence's income is 25% above the state average of $75,072, and home values are 32% above the state median of $165,779.
Why Live in Lawrence, IL?
Lawrence offers a strong local economy with a median household income of $94,205, well above the national average, and affordable housing with a median home value of $218,800, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a low poverty rate of 12.2%, better than the national average.
Lawrence has a population of 213 with a median age of 31.7 years. Compare Lawrence with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Lawrence
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Broughton | 213 | $52,500 | $38,800 | Compare |
| Bulpitt | 213 | $72,500 | $80,600 | Compare |
| Cleveland | 214 | $81,875 | $145,500 | Compare |
| Ivesdale | 212 | $61,250 | $116,200 | Compare |
| Magnolia | 212 | $74,500 | $134,300 | Compare |
| Plainville | 212 | $71,250 | $96,900 | Compare |
| Campbell's Island | 211 | $68,244 | $151,500 | Compare |
| Kappa | 211 | $77,000 | $160,000 | 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 Lawrence With Other Cities
Frequently Asked Questions about Lawrence
What is the population of Lawrence, IL?
The population of Lawrence, IL is 213 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 Lawrence?
The median household income in Lawrence, IL is $94,205 per year, which is 25% above the national median of $75,149.
What is the median home value in Lawrence?
The median home value in Lawrence, IL is $218,800, which is 11% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lawrence?
The median monthly rent in Lawrence, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lawrence?
The unemployment rate in Lawrence, IL is 6.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Lawrence, IL a good place to live?
Lawrence offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 213 and a median age of 31.7, the city appeals to young professionals and families.
How educated is Lawrence, IL?
15.4% of residents in Lawrence 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 Lawrence?
Key cost-of-living indicators for Lawrence, IL: median home value is $218,800 (11% below national), median rent is $0/month, and median household income is $94,205. The home-value-to-income ratio is 2.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lawrence?
The poverty rate in Lawrence, IL is 12.2%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lawrence, IL?
Lawrence's population is 0.0% White, 1.9% Hispanic or Latino, 3.8% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.