Mount Clare, IL
Population 322 · Illinois
About Mount Clare, IL
Mount Clare is a small community located in Illinois with a population of 322 residents according to the latest US Census Bureau American Community Survey data. The median household income is $66,125 per year, which is 12% below the national median of $75,149. The median age of 56.7 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Mount Clare features a median home value of $111,100, which is 55% below the national median of $244,900. This makes Mount Clare one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $569, 51% below the national average of $1,163/month. Of the 122 total housing units, 75% are owner-occupied (79 units) and 25% are renter-occupied (26 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Mount Clare shows an unemployment rate of 9.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 16.2%, above the national average of 12.4%. Workers in Mount Clare have an average one-way commute time of 34 minutes.
Education & Demographics
12.3% of Mount Clare 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 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 1.6% of the population being foreign-born.
Cost of Living in Mount Clare, IL
Compared to national averages, Mount Clare has a median household income of $66,125 (12% below the national median of $75,149). Home values average $111,100, which is 55% below the national median. Monthly rent at $569 is 51% below the US average of $1,163. Within Illinois, Mount Clare's income is 12% below the state average of $75,072, and home values are 33% below the state median of $165,779.
Why Live in Mount Clare, IL?
Mount Clare offers affordable housing with a median home value of $111,100, below the US average of $244,900, and rent that’s lower than the national average at $569/month.
Potential considerations include median household income ($66,125) that falls below the national average. However, Mount Clare’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Mount Clare has a population of 322 with a median age of 56.7 years. Compare Mount Clare with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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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 Mount Clare
What is the population of Mount Clare, IL?
The population of Mount Clare, IL is 322 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 Mount Clare?
The median household income in Mount Clare, IL is $66,125 per year, which is 12% below the national median of $75,149.
What is the median home value in Mount Clare?
The median home value in Mount Clare, IL is $111,100, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Mount Clare?
The median monthly rent in Mount Clare, IL is $569, which is 51% below the national average of $1,163/month.
What is the unemployment rate in Mount Clare?
The unemployment rate in Mount Clare, IL is 9.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Mount Clare, IL a good place to live?
Mount Clare offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 322 and a median age of 56.7, the city appeals to established professionals and retirees.
How educated is Mount Clare, IL?
12.3% of residents in Mount Clare 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 Mount Clare?
Key cost-of-living indicators for Mount Clare, IL: median home value is $111,100 (55% below national), median rent is $569/month, and median household income is $66,125. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Mount Clare?
The poverty rate in Mount Clare, IL is 16.2%, 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 Mount Clare, IL?
Mount Clare's population is 0.0% White, 1.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 3.4% two or more races. 1.6% of residents are foreign-born.