Maywood, IL
Population 23,173 · Illinois
About Maywood, IL
Maywood is a mid-sized city located in Illinois with a population of 23,173 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,498 per year, which is 12% below the national median of $75,149. The median age of 35.1 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 Maywood features a median home value of $212,600, which is 13% below the national median of $244,900. This positions Maywood in a moderately priced market relative to the rest of the country. Median monthly rent is $1,203, 3% above the national average of $1,163/month. Of the 8,385 total housing units, 60% are owner-occupied (4,434 units) and 40% are renter-occupied (2,899 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Maywood shows an unemployment rate of 7.8%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 15.3%, above the national average of 12.4%. Workers in Maywood have an average one-way commute time of 32.9 minutes.
Education & Demographics
16.7% of Maywood 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 27.8% White, 2.2% Hispanic or Latino, 3.4% Black or African American, and 2.1% Asian residents, with 13.8% of the population being foreign-born.
Cost of Living in Maywood, IL
Compared to national averages, Maywood has a median household income of $66,498 (12% below the national median of $75,149). Home values average $212,600, which is 13% below the national median. Monthly rent at $1,203 is 3% above the US average of $1,163. Within Illinois, Maywood's income is 11% below the state average of $75,072, and home values are 28% above the state median of $165,779.
Why Live in Maywood, IL?
Maywood offers affordable housing with a median home value of $212,600, below the US average of $244,900.
Potential considerations include median household income ($66,498) that falls below the national average. However, Maywood’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Maywood has a population of 23,173 with a median age of 35.1 years. Compare Maywood with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Maywood
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Loves Park | 23,185 | $58,633 | $144,900 | Compare |
| Lisle | 23,413 | $106,173 | $407,000 | Compare |
| Blue Island | 23,416 | $60,965 | $169,800 | Compare |
| Machesney Park | 22,744 | $74,244 | $162,500 | Compare |
| Roselle | 22,731 | $109,118 | $318,000 | Compare |
| Freeport | 23,636 | $48,181 | $86,100 | Compare |
| East Peoria | 22,485 | $71,763 | $160,800 | Compare |
| Villa Park | 22,456 | $94,698 | $313,100 | 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 Maywood With Other Cities
Frequently Asked Questions about Maywood
What is the population of Maywood, IL?
The population of Maywood, IL is 23,173 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 Maywood?
The median household income in Maywood, IL is $66,498 per year, which is 12% below the national median of $75,149.
What is the median home value in Maywood?
The median home value in Maywood, IL is $212,600, which is 13% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Maywood?
The median monthly rent in Maywood, IL is $1,203, which is 3% above the national average of $1,163/month.
What is the unemployment rate in Maywood?
The unemployment rate in Maywood, IL is 7.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Maywood, IL a good place to live?
Maywood offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 23,173 and a median age of 35.1, the city appeals to a broad range of residents.
How educated is Maywood, IL?
16.7% of residents in Maywood 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 Maywood?
Key cost-of-living indicators for Maywood, IL: median home value is $212,600 (13% below national), median rent is $1,203/month, and median household income is $66,498. The home-value-to-income ratio is 3.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Maywood?
The poverty rate in Maywood, IL is 15.3%, 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 Maywood, IL?
Maywood's population is 27.8% White, 2.2% Hispanic or Latino, 3.4% Black or African American, 2.1% Asian, and 57.5% two or more races. 13.8% of residents are foreign-born.