Nebo, IL
Population 324 · Illinois
About Nebo, IL
Nebo is a small community in Illinois with a population of 324 residents. The median household income is $45,000 per year, which is below the national average. The median age in Nebo is 39.2 years.
Housing in Nebo has a median home value of $42,500 and median monthly rent of $1,025. Of the 159 total housing units, the majority are owner-occupied, with 89 owner-occupied and 9 renter-occupied units.
The unemployment rate in Nebo is 4.1% and the poverty rate is 23.8%. 1.3% of residents hold a bachelor's degree or higher. The average commute time is 17.7 minutes.
How Nebo Ranks in Illinois
Cost of Living in Nebo, IL
Compared to national averages, Nebo has a median household income of $45,000 (40% below the national median of $75,149). Home values average $42,500, which is 83% below the national median. Monthly rent at $1,025 is 12% below the US average of $1,163. Within Illinois, Nebo's income is 40% below the state average of $75,072, and home values are 74% below the state median of $165,779.
Why Live in Nebo, IL?
Nebo offers affordable housing with a median home value of $42,500, below the US average of $244,900, and rent that’s lower than the national average at $1,025/month, and short commute times averaging just 17.7 minutes.
Potential considerations include median household income ($45,000) that falls below the national average. However, Nebo’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Nebo has a population of 324 with a median age of 39.2 years. Compare Nebo with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Nebo
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| East Gillespie | 325 | $64,167 | $125,000 | Compare |
| Weldon | 323 | $60,083 | $89,300 | Compare |
| Belgium | 326 | $61,591 | $75,900 | Compare |
| Kings | 322 | $71,250 | $122,600 | Compare |
| Latham | 322 | $76,667 | $79,000 | Compare |
| Mount Clare | 322 | $66,125 | $111,100 | Compare |
| Beaverville | 321 | $51,250 | $95,900 | Compare |
| Hanaford | 327 | $59,500 | $56,100 | 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.
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Frequently Asked Questions about Nebo
What is the population of Nebo, IL?
The population of Nebo, IL is 324 according to the latest Census data.
What is the median household income in Nebo?
The median household income in Nebo, IL is $45,000 per year.
What is the median home value in Nebo?
The median home value in Nebo, IL is $42,500.
What is the average rent in Nebo?
The median monthly rent in Nebo, IL is $1,025.
What is the unemployment rate in Nebo?
The unemployment rate in Nebo, IL is 4.1%.