Neoga, IL
Population 1,248 · Illinois
About Neoga, IL
Neoga is a small town located in Illinois with a population of 1,248 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,804 per year, which is 6% below the national median of $75,149. The median age of 41.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Neoga features a median home value of $104,600, which is 57% below the national median of $244,900. This makes Neoga one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $769, 34% below the national average of $1,163/month. Of the 612 total housing units, 72% are owner-occupied (355 units) and 28% are renter-occupied (138 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Neoga shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 8.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Neoga have an average one-way commute time of 25.4 minutes.
Education & Demographics
24.0% of Neoga residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.3% of the population being foreign-born.
Cost of Living in Neoga, IL
Compared to national averages, Neoga has a median household income of $70,804 (6% below the national median of $75,149). Home values average $104,600, which is 57% below the national median. Monthly rent at $769 is 34% below the US average of $1,163. Within Illinois, Neoga's income is 6% below the state average of $75,072, and home values are 37% below the state median of $165,779.
Why Live in Neoga, IL?
Neoga offers affordable housing with a median home value of $104,600, below the US average of $244,900, and rent that’s lower than the national average at $769/month, and a strong job market with an unemployment rate of just 2.6%. Additionally, the city features a low poverty rate of 8.7%, better than the national average.
Potential considerations include median household income ($70,804) that falls below the national average. However, Neoga’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Neoga has a population of 1,248 with a median age of 41.2 years. Compare Neoga with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Neoga
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rossville | 1,246 | $62,708 | $97,800 | Compare |
| Bethany | 1,253 | $50,139 | $101,700 | Compare |
| Kincaid | 1,243 | $68,875 | $81,000 | Compare |
| Oakwood | 1,243 | $43,894 | $98,300 | Compare |
| Stillman Valley | 1,261 | $87,311 | $168,000 | Compare |
| Divernon | 1,262 | $72,936 | $123,900 | Compare |
| Germantown | 1,268 | $83,661 | $185,300 | Compare |
| Cambria | 1,271 | $51,042 | $140,100 | 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.
Compare Neoga With Other Cities
Frequently Asked Questions about Neoga
What is the population of Neoga, IL?
The population of Neoga, IL is 1,248 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 Neoga?
The median household income in Neoga, IL is $70,804 per year, which is 6% below the national median of $75,149.
What is the median home value in Neoga?
The median home value in Neoga, IL is $104,600, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Neoga?
The median monthly rent in Neoga, IL is $769, which is 34% below the national average of $1,163/month.
What is the unemployment rate in Neoga?
The unemployment rate in Neoga, IL is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Neoga, IL a good place to live?
Neoga offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,248 and a median age of 41.2, the city appeals to a broad range of residents.
How educated is Neoga, IL?
24.0% of residents in Neoga 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 Neoga?
Key cost-of-living indicators for Neoga, IL: median home value is $104,600 (57% below national), median rent is $769/month, and median household income is $70,804. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Neoga?
The poverty rate in Neoga, IL is 8.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Neoga, IL?
Neoga's population is 0.0% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.2% two or more races. 0.3% of residents are foreign-born.