Lost Nation, IL
Population 727 · Illinois
About Lost Nation, IL
Lost Nation is a small community located in Illinois with a population of 727 residents according to the latest US Census Bureau American Community Survey data. The median household income is $106,419 per year, which is 42% above the national median of $75,149. The median age of 51.3 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 Lost Nation features a median home value of $220,600, which is 10% below the national median of $244,900. This positions Lost Nation 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 354 total housing units, 100% are owner-occupied (306 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Lost Nation 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 4.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Lost Nation have an average one-way commute time of 26.6 minutes.
Education & Demographics
32.9% of Lost Nation 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 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.9% of the population being foreign-born.
Cost of Living in Lost Nation, IL
Compared to national averages, Lost Nation has a median household income of $106,419 (42% above the national median of $75,149). Home values average $220,600, which is 10% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Lost Nation's income is 42% above the state average of $75,072, and home values are 33% above the state median of $165,779.
Why Live in Lost Nation, IL?
Lost Nation offers a strong local economy with a median household income of $106,419, well above the national average, and affordable housing with a median home value of $220,600, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and a low poverty rate of 4.0%, better than the national average.
Lost Nation has a population of 727 with a median age of 51.3 years. Compare Lost Nation 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 Lost Nation
What is the population of Lost Nation, IL?
The population of Lost Nation, IL is 727 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 Lost Nation?
The median household income in Lost Nation, IL is $106,419 per year, which is 42% above the national median of $75,149.
What is the median home value in Lost Nation?
The median home value in Lost Nation, IL is $220,600, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Lost Nation?
The median monthly rent in Lost Nation, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Lost Nation?
The unemployment rate in Lost Nation, 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 Lost Nation, IL a good place to live?
Lost Nation offers above-average incomes, affordable housing, and a strong job market. With a population of 727 and a median age of 51.3, the city appeals to established professionals and retirees.
How educated is Lost Nation, IL?
32.9% of residents in Lost Nation 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 Lost Nation?
Key cost-of-living indicators for Lost Nation, IL: median home value is $220,600 (10% below national), median rent is $0/month, and median household income is $106,419. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Lost Nation?
The poverty rate in Lost Nation, IL is 4.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Lost Nation, IL?
Lost Nation's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 1.9% of residents are foreign-born.