Mounds, IL
Population 855 · Illinois
About Mounds, IL
Mounds is a small community located in Illinois with a population of 855 residents according to the latest US Census Bureau American Community Survey data. The median household income is $27,333 per year, which is 64% below the national median of $75,149. The median age of 36.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Mounds features a median home value of $0, which is 100% below the national median of $244,900. This makes Mounds one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $559, 52% below the national average of $1,163/month. Of the 557 total housing units, 50% are owner-occupied (157 units) and 50% are renter-occupied (159 units). The higher proportion of renters may reflect a transient population, younger demographics, or high housing costs relative to income.
Economy & Employment
The local economy in Mounds shows an unemployment rate of 7.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 46.6%, above the national average of 12.4%. Workers in Mounds have an average one-way commute time of 33.7 minutes.
Education & Demographics
14.9% of Mounds 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 0.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Mounds, IL
Compared to national averages, Mounds has a median household income of $27,333 (64% below the national median of $75,149). Home values average $0, which is 100% below the national median. Monthly rent at $559 is 52% below the US average of $1,163. Within Illinois, Mounds's income is 64% below the state average of $75,072, and home values are 100% below the state median of $165,779.
Why Live in Mounds, IL?
Mounds offers affordable housing with a median home value of $0, below the US average of $244,900, and rent that’s lower than the national average at $559/month.
Potential considerations include median household income ($27,333) that falls below the national average. However, Mounds’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mounds has a population of 855 with a median age of 36.5 years. Compare Mounds with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Mounds
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Illiopolis | 854 | $74,219 | $96,500 | Compare |
| Morrisonville | 852 | $81,944 | $105,900 | Compare |
| Sidney | 849 | $84,073 | $187,000 | Compare |
| Hanover | 847 | $39,583 | $86,200 | Compare |
| Mitchell | 847 | $55,313 | $98,500 | Compare |
| Flanagan | 864 | $75,104 | $103,900 | Compare |
| Bonnie Brae | 844 | $76,483 | $224,200 | Compare |
| Odell | 866 | $77,212 | $130,400 | 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 Mounds With Other Cities
Frequently Asked Questions about Mounds
What is the population of Mounds, IL?
The population of Mounds, IL is 855 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 Mounds?
The median household income in Mounds, IL is $27,333 per year, which is 64% below the national median of $75,149.
What is the median home value in Mounds?
The median home value in Mounds, IL is $0, which is 100% below the national median of $244,900. A significant portion of residents rent their homes.
What is the average rent in Mounds?
The median monthly rent in Mounds, IL is $559, which is 52% below the national average of $1,163/month.
What is the unemployment rate in Mounds?
The unemployment rate in Mounds, IL is 7.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mounds, IL a good place to live?
Mounds offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 855 and a median age of 36.5, the city appeals to a broad range of residents.
How educated is Mounds, IL?
14.9% of residents in Mounds 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 Mounds?
Key cost-of-living indicators for Mounds, IL: median home value is $0 (100% below national), median rent is $559/month, and median household income is $27,333. The home-value-to-income ratio is 0.0x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mounds?
The poverty rate in Mounds, IL is 46.6%, 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 Mounds, IL?
Mounds's population is 0.2% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 92.5% two or more races. 0.2% of residents are foreign-born.