Mahomet, IL
Population 9,755 · Illinois
About Mahomet, IL
Mahomet is a small community in Illinois with a population of 9,755 residents. The median household income is $114,904 per year, which is above the national average. The median age in Mahomet is 36.5 years.
Housing in Mahomet has a median home value of $293,200 and median monthly rent of $1,202. Of the 3,581 total housing units, the majority are owner-occupied, with 2,619 owner-occupied and 632 renter-occupied units.
The unemployment rate in Mahomet is 3.4% and the poverty rate is 3.9%. 52.8% of residents hold a bachelor's degree or higher. The average commute time is 20.7 minutes.
Cost of Living in Mahomet, IL
Compared to national averages, Mahomet has a median household income of $114,904 (53% above the national median of $75,149). Home values average $293,200, which is 20% above the national median. Monthly rent at $1,202 is 3% above the US average of $1,163. Within Illinois, Mahomet's income is 53% above the state average of $75,072, and home values are 77% above the state median of $165,779.
Why Live in Mahomet, IL?
Mahomet offers a strong local economy with a median household income of $114,904, well above the national average, and a strong job market with an unemployment rate of just 3.4%, and a well-educated community where 52.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.9%, better than the national average, and short commute times averaging just 20.7 minutes.
Mahomet has a population of 9,755 with a median age of 36.5 years. Compare Mahomet with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Mahomet
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Frankfort Square | 9,777 | $126,953 | $282,100 | Compare |
| Sauk Village | 9,724 | $56,946 | $101,900 | Compare |
| Flossmoor | 9,666 | $137,768 | $309,100 | Compare |
| Peru | 9,863 | $68,147 | $155,600 | Compare |
| Harvard | 9,875 | $71,418 | $174,000 | Compare |
| Winfield | 9,982 | $143,102 | $363,400 | Compare |
| Itasca | 9,525 | $111,898 | $375,600 | Compare |
| Rochelle | 9,477 | $63,373 | $153,000 | 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.
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Frequently Asked Questions about Mahomet
What is the population of Mahomet, IL?
The population of Mahomet, IL is 9,755 according to the latest Census data.
What is the median household income in Mahomet?
The median household income in Mahomet, IL is $114,904 per year.
What is the median home value in Mahomet?
The median home value in Mahomet, IL is $293,200.
What is the average rent in Mahomet?
The median monthly rent in Mahomet, IL is $1,202.
What is the unemployment rate in Mahomet?
The unemployment rate in Mahomet, IL is 3.4%.