Momence, IL
Population 3,076 · Illinois
About Momence, IL
Momence is a small town located in Illinois with a population of 3,076 residents according to the latest US Census Bureau American Community Survey data. The median household income is $52,048 per year, which is 31% below the national median of $75,149. The median age of 36.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Momence features a median home value of $159,600, which is 35% below the national median of $244,900. This positions Momence in a moderately priced market relative to the rest of the country. Median monthly rent is $803, 31% below the national average of $1,163/month. Of the 1,241 total housing units, 68% are owner-occupied (802 units) and 32% are renter-occupied (381 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Momence shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Momence have an average one-way commute time of 23.5 minutes.
Education & Demographics
15.6% of Momence 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 17.2% White, 0.0% Hispanic or Latino, 0.8% Black or African American, and 0.9% Asian residents, with 4.2% of the population being foreign-born.
Cost of Living in Momence, IL
Compared to national averages, Momence has a median household income of $52,048 (31% below the national median of $75,149). Home values average $159,600, which is 35% below the national median. Monthly rent at $803 is 31% below the US average of $1,163. Within Illinois, Momence's income is 31% below the state average of $75,072, and home values are 4% below the state median of $165,779.
Why Live in Momence, IL?
Momence offers affordable housing with a median home value of $159,600, below the US average of $244,900, and rent that’s lower than the national average at $803/month, and a low poverty rate of 8.5%, better than the national average. Additionally, the city features short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($52,048) that falls below the national average. However, Momence’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Momence has a population of 3,076 with a median age of 36.8 years. Compare Momence with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Momence
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Georgetown | 3,105 | $56,781 | $70,500 | Compare |
| North Barrington | 3,113 | $216,250 | $690,900 | Compare |
| Gillespie | 3,118 | $76,806 | $89,500 | Compare |
| Carlyle | 3,134 | $67,083 | $151,900 | Compare |
| Knoxville | 3,137 | $80,385 | $139,900 | Compare |
| Ridgewood | 2,997 | $96,334 | $142,400 | Compare |
| East Dundee | 3,156 | $87,102 | $260,000 | Compare |
| Nashville | 2,991 | $61,753 | $146,500 | 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 Momence With Other Cities
Frequently Asked Questions about Momence
What is the population of Momence, IL?
The population of Momence, IL is 3,076 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Momence?
The median household income in Momence, IL is $52,048 per year, which is 31% below the national median of $75,149.
What is the median home value in Momence?
The median home value in Momence, IL is $159,600, which is 35% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Momence?
The median monthly rent in Momence, IL is $803, which is 31% below the national average of $1,163/month.
What is the unemployment rate in Momence?
The unemployment rate in Momence, IL is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Momence, IL a good place to live?
Momence offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,076 and a median age of 36.8, the city appeals to a broad range of residents.
How educated is Momence, IL?
15.6% of residents in Momence 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 Momence?
Key cost-of-living indicators for Momence, IL: median home value is $159,600 (35% below national), median rent is $803/month, and median household income is $52,048. The home-value-to-income ratio is 3.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Momence?
The poverty rate in Momence, IL is 8.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Momence, IL?
Momence's population is 17.2% White, 0.0% Hispanic or Latino, 0.8% Black or African American, 0.9% Asian, and 3.6% two or more races. 4.2% of residents are foreign-born.