Moweaqua, IL
Population 2,093 · Illinois
About Moweaqua, IL
Moweaqua is a small town located in Illinois with a population of 2,093 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,364 per year, which is 5% below the national median of $75,149. The median age of 34.9 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 Moweaqua features a median home value of $110,400, which is 55% below the national median of $244,900. This makes Moweaqua one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $895, 23% below the national average of $1,163/month. Of the 828 total housing units, 75% are owner-occupied (585 units) and 25% are renter-occupied (197 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Moweaqua shows an unemployment rate of 3.3%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.8%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Moweaqua have an average one-way commute time of 21.7 minutes.
Education & Demographics
16.8% of Moweaqua 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 1.1% White, 3.1% Hispanic or Latino, 0.2% Black or African American, and 0.5% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Moweaqua, IL
Compared to national averages, Moweaqua has a median household income of $71,364 (5% below the national median of $75,149). Home values average $110,400, which is 55% below the national median. Monthly rent at $895 is 23% below the US average of $1,163. Within Illinois, Moweaqua's income is 5% below the state average of $75,072, and home values are 33% below the state median of $165,779.
Why Live in Moweaqua, IL?
Moweaqua offers affordable housing with a median home value of $110,400, below the US average of $244,900, and rent that’s lower than the national average at $895/month, and a strong job market with an unemployment rate of just 3.3%. Additionally, the city features a low poverty rate of 6.8%, better than the national average, and short commute times averaging just 21.7 minutes.
Potential considerations include median household income ($71,364) that falls below the national average. However, Moweaqua’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Moweaqua has a population of 2,093 with a median age of 34.9 years. Compare Moweaqua with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Moweaqua
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Mason City | 2,094 | $64,250 | $92,200 | Compare |
| Albion | 2,107 | $56,172 | $93,000 | Compare |
| Lexington | 2,074 | $98,676 | $171,600 | Compare |
| Vienna | 2,115 | $39,471 | $77,400 | Compare |
| Hudson | 2,048 | $114,125 | $221,100 | Compare |
| Elwood | 2,141 | $73,640 | $224,900 | Compare |
| Merrionette Park | 2,144 | $53,623 | $152,600 | Compare |
| Athens | 2,146 | $85,000 | $164,200 | 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 Moweaqua With Other Cities
Frequently Asked Questions about Moweaqua
What is the population of Moweaqua, IL?
The population of Moweaqua, IL is 2,093 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 Moweaqua?
The median household income in Moweaqua, IL is $71,364 per year, which is 5% below the national median of $75,149.
What is the median home value in Moweaqua?
The median home value in Moweaqua, IL is $110,400, which is 55% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Moweaqua?
The median monthly rent in Moweaqua, IL is $895, which is 23% below the national average of $1,163/month.
What is the unemployment rate in Moweaqua?
The unemployment rate in Moweaqua, IL is 3.3%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Moweaqua, IL a good place to live?
Moweaqua offers a moderate cost of living, affordable housing, and a strong job market. With a population of 2,093 and a median age of 34.9, the city appeals to young professionals and families.
How educated is Moweaqua, IL?
16.8% of residents in Moweaqua 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 Moweaqua?
Key cost-of-living indicators for Moweaqua, IL: median home value is $110,400 (55% below national), median rent is $895/month, and median household income is $71,364. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Moweaqua?
The poverty rate in Moweaqua, IL is 6.8%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Moweaqua, IL?
Moweaqua's population is 1.1% White, 3.1% Hispanic or Latino, 0.2% Black or African American, 0.5% Asian, and 0.0% two or more races. 0.2% of residents are foreign-born.