Matherville, IL
Population 703 · Illinois
About Matherville, IL
Matherville is a small community in Illinois with a population of 703 residents. The median household income is $80,714 per year, which is above the national average. The median age in Matherville is 36.7 years.
Housing in Matherville has a median home value of $136,200 and median monthly rent of $775. Of the 305 total housing units, the majority are owner-occupied, with 216 owner-occupied and 46 renter-occupied units.
The unemployment rate in Matherville is 6.0% and the poverty rate is 10.5%. 17.7% of residents hold a bachelor's degree or higher. The average commute time is 27.3 minutes.
Cost of Living in Matherville, IL
Compared to national averages, Matherville has a median household income of $80,714 (7% above the national median of $75,149). Home values average $136,200, which is 44% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Illinois, Matherville's income is 8% above the state average of $75,072, and home values are 18% below the state median of $165,779.
Why Live in Matherville, IL?
Matherville offers a strong local economy with a median household income of $80,714, well above the national average, and affordable housing with a median home value of $136,200, below the US average of $244,900, and rent that’s lower than the national average at $775/month. Additionally, the city features a low poverty rate of 10.5%, better than the national average.
Matherville has a population of 703 with a median age of 36.7 years. Compare Matherville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Matherville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Aroma Park | 702 | $72,250 | $150,400 | Compare |
| Cedarville | 705 | $59,712 | $110,600 | Compare |
| Sherrard | 705 | $86,932 | $130,400 | Compare |
| Green Valley | 700 | $62,986 | $116,700 | Compare |
| Tovey | 707 | $81,250 | $78,200 | Compare |
| North City | 708 | $50,469 | $107,400 | Compare |
| Augusta | 710 | $41,094 | $86,500 | Compare |
| Bowen | 710 | $70,263 | $74,400 | 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.
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Frequently Asked Questions about Matherville
What is the population of Matherville, IL?
The population of Matherville, IL is 703 according to the latest Census data.
What is the median household income in Matherville?
The median household income in Matherville, IL is $80,714 per year.
What is the median home value in Matherville?
The median home value in Matherville, IL is $136,200.
What is the average rent in Matherville?
The median monthly rent in Matherville, IL is $775.
What is the unemployment rate in Matherville?
The unemployment rate in Matherville, IL is 6.0%.