Oglesby, IL
Population 3,723 · Illinois
About Oglesby, IL
Oglesby is a small town located in Illinois with a population of 3,723 residents according to the latest US Census Bureau American Community Survey data. The median household income is $71,618 per year, which is 5% below the national median of $75,149. The median age of 37.7 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Oglesby features a median home value of $130,900, which is 47% below the national median of $244,900. This makes Oglesby one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $810, 30% below the national average of $1,163/month. Of the 1,765 total housing units, 71% are owner-occupied (1,181 units) and 29% are renter-occupied (483 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Oglesby shows an unemployment rate of 6.7%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 9.6%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Oglesby have an average one-way commute time of 24.5 minutes.
Education & Demographics
21.9% of Oglesby 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 10.5% White, 0.2% Hispanic or Latino, 0.8% Black or African American, and 0.6% Asian residents, with 3.8% of the population being foreign-born.
Cost of Living in Oglesby, IL
Compared to national averages, Oglesby has a median household income of $71,618 (5% below the national median of $75,149). Home values average $130,900, which is 47% below the national median. Monthly rent at $810 is 30% below the US average of $1,163. Within Illinois, Oglesby's income is 5% below the state average of $75,072, and home values are 21% below the state median of $165,779.
Why Live in Oglesby, IL?
Oglesby offers affordable housing with a median home value of $130,900, below the US average of $244,900, and rent that’s lower than the national average at $810/month, and a low poverty rate of 9.6%, better than the national average. Additionally, the city features short commute times averaging just 24.5 minutes.
Potential considerations include median household income ($71,618) that falls below the national average. However, Oglesby’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Oglesby has a population of 3,723 with a median age of 37.7 years. Compare Oglesby with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Oglesby
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Deer Park | 3,711 | $160,750 | $636,200 | Compare |
| Byron | 3,742 | $78,235 | $182,600 | Compare |
| Aledo | 3,753 | $62,829 | $140,000 | Compare |
| Eldorado | 3,762 | $39,766 | $68,600 | Compare |
| Fairbury | 3,683 | $65,215 | $155,900 | Compare |
| Morrison | 3,781 | $67,580 | $117,300 | Compare |
| Rochester | 3,784 | $112,689 | $241,900 | Compare |
| Red Bud | 3,789 | $68,051 | $170,300 | 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 Oglesby With Other Cities
Frequently Asked Questions about Oglesby
What is the population of Oglesby, IL?
The population of Oglesby, IL is 3,723 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 Oglesby?
The median household income in Oglesby, IL is $71,618 per year, which is 5% below the national median of $75,149.
What is the median home value in Oglesby?
The median home value in Oglesby, IL is $130,900, which is 47% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Oglesby?
The median monthly rent in Oglesby, IL is $810, which is 30% below the national average of $1,163/month.
What is the unemployment rate in Oglesby?
The unemployment rate in Oglesby, IL is 6.7%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Oglesby, IL a good place to live?
Oglesby offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 3,723 and a median age of 37.7, the city appeals to a broad range of residents.
How educated is Oglesby, IL?
21.9% of residents in Oglesby 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 Oglesby?
Key cost-of-living indicators for Oglesby, IL: median home value is $130,900 (47% below national), median rent is $810/month, and median household income is $71,618. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Oglesby?
The poverty rate in Oglesby, IL is 9.6%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Oglesby, IL?
Oglesby's population is 10.5% White, 0.2% Hispanic or Latino, 0.8% Black or African American, 0.6% Asian, and 0.0% two or more races. 3.8% of residents are foreign-born.