Lee, IL
Population 332 · Illinois
About Lee, IL
Lee is a small community located in Illinois with a population of 332 residents according to the latest US Census Bureau American Community Survey data. The median household income is $76,250 per year, which is 1% above the national median of $75,149. The median age of 35.8 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 Lee features a median home value of $155,200, which is 37% below the national median of $244,900. This positions Lee in a moderately priced market relative to the rest of the country. Median monthly rent is $1,102, 5% below the national average of $1,163/month. Of the 119 total housing units, 75% are owner-occupied (84 units) and 25% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lee shows an unemployment rate of 2.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 18.2%, above the national average of 12.4%. Workers in Lee have an average one-way commute time of 34.9 minutes.
Education & Demographics
13.7% of Lee 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 9.0% White, 1.5% Hispanic or Latino, 0.9% Black or African American, and 0.0% Asian residents, with 0.6% of the population being foreign-born.
Cost of Living in Lee, IL
Compared to national averages, Lee has a median household income of $76,250 (1% above the national median of $75,149). Home values average $155,200, which is 37% below the national median. Monthly rent at $1,102 is 5% below the US average of $1,163. Within Illinois, Lee's income is 2% above the state average of $75,072, and home values are 6% below the state median of $165,779.
Why Live in Lee, IL?
Lee offers a strong local economy with a median household income of $76,250, well above the national average, and affordable housing with a median home value of $155,200, below the US average of $244,900, and rent that’s lower than the national average at $1,102/month. Additionally, the city features a strong job market with an unemployment rate of just 2.2%.
Lee has a population of 332 with a median age of 35.8 years. Compare Lee with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Lee
What is the population of Lee, IL?
The population of Lee, IL is 332 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 Lee?
The median household income in Lee, IL is $76,250 per year, which is 1% above the national median of $75,149.
What is the median home value in Lee?
The median home value in Lee, IL is $155,200, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lee?
The median monthly rent in Lee, IL is $1,102, which is 5% below the national average of $1,163/month.
What is the unemployment rate in Lee?
The unemployment rate in Lee, IL is 2.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Lee, IL a good place to live?
Lee offers above-average incomes, affordable housing, and a strong job market. With a population of 332 and a median age of 35.8, the city appeals to a broad range of residents.
How educated is Lee, IL?
13.7% of residents in Lee 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 Lee?
Key cost-of-living indicators for Lee, IL: median home value is $155,200 (37% below national), median rent is $1,102/month, and median household income is $76,250. The home-value-to-income ratio is 2.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lee?
The poverty rate in Lee, IL is 18.2%, 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 Lee, IL?
Lee's population is 9.0% White, 1.5% Hispanic or Latino, 0.9% Black or African American, 0.0% Asian, and 4.5% two or more races. 0.6% of residents are foreign-born.