Niantic, IL
Population 734 · Illinois
About Niantic, IL
Niantic is a small community located in Illinois with a population of 734 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,009 per year, which is 15% below the national median of $75,149. The median age of 31.7 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 Niantic features a median home value of $111,700, which is 54% below the national median of $244,900. This makes Niantic one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,000, 14% below the national average of $1,163/month. Of the 263 total housing units, 88% are owner-occupied (199 units) and 12% are renter-occupied (28 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Niantic shows an unemployment rate of 11.9%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 7.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Niantic have an average one-way commute time of 24.7 minutes.
Education & Demographics
10.0% of Niantic 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 9.1% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 2.2% of the population being foreign-born.
Cost of Living in Niantic, IL
Compared to national averages, Niantic has a median household income of $64,009 (15% below the national median of $75,149). Home values average $111,700, which is 54% below the national median. Monthly rent at $1,000 is 14% below the US average of $1,163. Within Illinois, Niantic's income is 15% below the state average of $75,072, and home values are 33% below the state median of $165,779.
Why Live in Niantic, IL?
Niantic offers affordable housing with a median home value of $111,700, below the US average of $244,900, and rent that’s lower than the national average at $1,000/month, and a low poverty rate of 7.1%, better than the national average. Additionally, the city features short commute times averaging just 24.7 minutes.
Potential considerations include median household income ($64,009) that falls below the national average. However, Niantic’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Niantic has a population of 734 with a median age of 31.7 years. Compare Niantic with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Niantic
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| La Moille | 732 | $65,542 | $104,700 | Compare |
| Tonica | 732 | $80,795 | $122,500 | Compare |
| McLean | 730 | $84,766 | $124,700 | Compare |
| Mulberry Grove | 739 | $57,250 | $74,800 | Compare |
| Lost Nation | 727 | $106,419 | $220,600 | Compare |
| Hopedale | 742 | $53,958 | $135,600 | Compare |
| Clay City | 744 | $53,750 | $75,500 | Compare |
| Owaneco | 744 | $66,875 | $96,300 | 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 Niantic With Other Cities
Frequently Asked Questions about Niantic
What is the population of Niantic, IL?
The population of Niantic, IL is 734 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 Niantic?
The median household income in Niantic, IL is $64,009 per year, which is 15% below the national median of $75,149.
What is the median home value in Niantic?
The median home value in Niantic, IL is $111,700, which is 54% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Niantic?
The median monthly rent in Niantic, IL is $1,000, which is 14% below the national average of $1,163/month.
What is the unemployment rate in Niantic?
The unemployment rate in Niantic, IL is 11.9%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Niantic, IL a good place to live?
Niantic offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 734 and a median age of 31.7, the city appeals to young professionals and families.
How educated is Niantic, IL?
10.0% of residents in Niantic 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 Niantic?
Key cost-of-living indicators for Niantic, IL: median home value is $111,700 (54% below national), median rent is $1,000/month, and median household income is $64,009. The home-value-to-income ratio is 1.7x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Niantic?
The poverty rate in Niantic, IL is 7.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Niantic, IL?
Niantic's population is 9.1% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.2% of residents are foreign-born.