Manhattan, IL
Population 10,315 · Illinois
About Manhattan, IL
Manhattan is a mid-sized city located in Illinois with a population of 10,315 residents according to the latest US Census Bureau American Community Survey data. The median household income is $128,375 per year, which is 71% above the national median of $75,149. The median age of 32.1 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 Manhattan features a median home value of $314,400, which is 28% above the national median of $244,900. This positions Manhattan in a moderately priced market relative to the rest of the country. Median monthly rent is $1,220, 5% above the national average of $1,163/month. Of the 3,413 total housing units, 88% are owner-occupied (2,938 units) and 12% are renter-occupied (387 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Manhattan shows an unemployment rate of 1.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 3.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Manhattan have an average one-way commute time of 37.4 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
35.8% of Manhattan 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 8.6% White, 2.0% Hispanic or Latino, 0.4% Black or African American, and 0.0% Asian residents, with 4.7% of the population being foreign-born.
Cost of Living in Manhattan, IL
Compared to national averages, Manhattan has a median household income of $128,375 (71% above the national median of $75,149). Home values average $314,400, which is 28% above the national median. Monthly rent at $1,220 is 5% above the US average of $1,163. Within Illinois, Manhattan's income is 71% above the state average of $75,072, and home values are 90% above the state median of $165,779.
Why Live in Manhattan, IL?
Manhattan offers a strong local economy with a median household income of $128,375, well above the national average, and a strong job market with an unemployment rate of just 1.6%, and a well-educated community where 35.8% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 3.3%, better than the national average.
Manhattan has a population of 10,315 with a median age of 32.1 years. Compare Manhattan with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Manhattan
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wood River | 10,315 | $65,960 | $103,200 | Compare |
| Highland | 10,268 | $77,886 | $185,800 | Compare |
| Lyons | 10,391 | $64,209 | $243,500 | Compare |
| River Grove | 10,482 | $74,793 | $244,700 | Compare |
| Riverdale | 10,515 | $45,709 | $104,800 | Compare |
| Pingree Grove | 10,576 | $119,880 | $298,300 | Compare |
| Crestwood | 10,622 | $68,686 | $187,700 | Compare |
| Winfield | 9,982 | $143,102 | $363,400 | 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 Manhattan With Other Cities
Frequently Asked Questions about Manhattan
What is the population of Manhattan, IL?
The population of Manhattan, IL is 10,315 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Manhattan?
The median household income in Manhattan, IL is $128,375 per year, which is 71% above the national median of $75,149.
What is the median home value in Manhattan?
The median home value in Manhattan, IL is $314,400, which is 28% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Manhattan?
The median monthly rent in Manhattan, IL is $1,220, which is 5% above the national average of $1,163/month.
What is the unemployment rate in Manhattan?
The unemployment rate in Manhattan, IL is 1.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Manhattan, IL a good place to live?
Manhattan offers above-average incomes, a competitive housing market, and a strong job market. With a population of 10,315 and a median age of 32.1, the city appeals to young professionals and families.
How educated is Manhattan, IL?
35.8% of residents in Manhattan aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Manhattan?
Key cost-of-living indicators for Manhattan, IL: median home value is $314,400 (28% above national), median rent is $1,220/month, and median household income is $128,375. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Manhattan?
The poverty rate in Manhattan, IL is 3.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Manhattan, IL?
Manhattan's population is 8.6% White, 2.0% Hispanic or Latino, 0.4% Black or African American, 0.0% Asian, and 3.2% two or more races. 4.7% of residents are foreign-born.