McLean, IL
Population 730 · Illinois
About McLean, IL
McLean is a small community located in Illinois with a population of 730 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,766 per year, which is 13% above the national median of $75,149. The median age of 36.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in McLean features a median home value of $124,700, which is 49% below the national median of $244,900. This makes McLean one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,225, 5% above the national average of $1,163/month. Of the 290 total housing units, 89% are owner-occupied (246 units) and 11% are renter-occupied (31 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in McLean shows an unemployment rate of 1.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in McLean have an average one-way commute time of 28.8 minutes.
Education & Demographics
24.0% of McLean 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, 3.2% Hispanic or Latino, 0.0% Black or African American, and 6.2% Asian residents, with 0.1% of the population being foreign-born.
Cost of Living in McLean, IL
Compared to national averages, McLean has a median household income of $84,766 (13% above the national median of $75,149). Home values average $124,700, which is 49% below the national median. Monthly rent at $1,225 is 5% above the US average of $1,163. Within Illinois, McLean's income is 13% above the state average of $75,072, and home values are 25% below the state median of $165,779.
Why Live in McLean, IL?
McLean offers a strong local economy with a median household income of $84,766, well above the national average, and affordable housing with a median home value of $124,700, below the US average of $244,900, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features a low poverty rate of 8.1%, better than the national average.
McLean has a population of 730 with a median age of 36.7 years. Compare McLean with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near McLean
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Moille | 732 | $65,542 | $104,700 | Compare |
| Tonica | 732 | $80,795 | $122,500 | Compare |
| Lost Nation | 727 | $106,419 | $220,600 | Compare |
| Niantic | 734 | $64,009 | $111,700 | Compare |
| Congerville | 723 | $78,649 | $201,900 | Compare |
| Grafton | 723 | $93,250 | $254,700 | Compare |
| Oak Run | 722 | $120,972 | $280,600 | Compare |
| Tilden | 722 | $45,625 | $72,300 | 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 McLean With Other Cities
Frequently Asked Questions about McLean
What is the population of McLean, IL?
The population of McLean, IL is 730 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 McLean?
The median household income in McLean, IL is $84,766 per year, which is 13% above the national median of $75,149.
What is the median home value in McLean?
The median home value in McLean, IL is $124,700, which is 49% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in McLean?
The median monthly rent in McLean, IL is $1,225, which is 5% above the national average of $1,163/month.
What is the unemployment rate in McLean?
The unemployment rate in McLean, IL is 1.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is McLean, IL a good place to live?
McLean offers above-average incomes, affordable housing, and a strong job market. With a population of 730 and a median age of 36.7, the city appeals to a broad range of residents.
How educated is McLean, IL?
24.0% of residents in McLean 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 McLean?
Key cost-of-living indicators for McLean, IL: median home value is $124,700 (49% below national), median rent is $1,225/month, and median household income is $84,766. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in McLean?
The poverty rate in McLean, IL is 8.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is McLean, IL?
McLean's population is 0.0% White, 3.2% Hispanic or Latino, 0.0% Black or African American, 6.2% Asian, and 0.4% two or more races. 0.1% of residents are foreign-born.