Nashville, IL
Population 2,991 · Illinois
About Nashville, IL
Nashville is a small town located in Illinois with a population of 2,991 residents according to the latest US Census Bureau American Community Survey data. The median household income is $61,753 per year, which is 18% below the national median of $75,149. The median age of 43.2 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 Nashville features a median home value of $146,500, which is 40% below the national median of $244,900. This makes Nashville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $816, 30% below the national average of $1,163/month. Of the 1,418 total housing units, 67% are owner-occupied (899 units) and 33% are renter-occupied (433 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Nashville shows an unemployment rate of 4.7%, which is near the national rate of 3.7%. The poverty rate stands at 7.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Nashville have an average one-way commute time of 22.4 minutes.
Education & Demographics
20.9% of Nashville 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 0.1% White, 0.3% Hispanic or Latino, 0.2% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
Cost of Living in Nashville, IL
Compared to national averages, Nashville has a median household income of $61,753 (18% below the national median of $75,149). Home values average $146,500, which is 40% below the national median. Monthly rent at $816 is 30% below the US average of $1,163. Within Illinois, Nashville's income is 18% below the state average of $75,072, and home values are 12% below the state median of $165,779.
Why Live in Nashville, IL?
Nashville offers affordable housing with a median home value of $146,500, below the US average of $244,900, and rent that’s lower than the national average at $816/month, and a low poverty rate of 7.5%, better than the national average. Additionally, the city features short commute times averaging just 22.4 minutes.
Potential considerations include median household income ($61,753) that falls below the national average. However, Nashville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nashville has a population of 2,991 with a median age of 43.2 years. Compare Nashville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Nashville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ridgewood | 2,997 | $96,334 | $142,400 | Compare |
| Ingalls Park | 2,970 | $55,268 | $143,800 | Compare |
| Dixmoor | 2,962 | $39,861 | $75,500 | Compare |
| Momence | 3,076 | $52,048 | $159,600 | Compare |
| Diamond | 2,900 | $60,000 | $211,500 | Compare |
| Galena | 2,899 | $55,765 | $199,700 | Compare |
| Winnebago | 2,896 | $82,813 | $180,300 | Compare |
| Georgetown | 3,105 | $56,781 | $70,500 | 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 Nashville With Other Cities
Frequently Asked Questions about Nashville
What is the population of Nashville, IL?
The population of Nashville, IL is 2,991 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 Nashville?
The median household income in Nashville, IL is $61,753 per year, which is 18% below the national median of $75,149.
What is the median home value in Nashville?
The median home value in Nashville, IL is $146,500, which is 40% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Nashville?
The median monthly rent in Nashville, IL is $816, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Nashville?
The unemployment rate in Nashville, IL is 4.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Nashville, IL a good place to live?
Nashville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 2,991 and a median age of 43.2, the city appeals to a broad range of residents.
How educated is Nashville, IL?
20.9% of residents in Nashville 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 Nashville?
Key cost-of-living indicators for Nashville, IL: median home value is $146,500 (40% below national), median rent is $816/month, and median household income is $61,753. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Nashville?
The poverty rate in Nashville, IL is 7.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Nashville, IL?
Nashville's population is 0.1% White, 0.3% Hispanic or Latino, 0.2% Black or African American, 0.0% Asian, and 1.1% two or more races. 0.2% of residents are foreign-born.