Quincy, IL
Population 39,188 · Illinois
About Quincy, IL
Quincy is a mid-sized city located in Illinois with a population of 39,188 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,372 per year, which is 25% below the national median of $75,149. The median age of 40.1 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Quincy features a median home value of $146,100, which is 40% below the national median of $244,900. This makes Quincy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $824, 29% below the national average of $1,163/month. Of the 19,026 total housing units, 65% are owner-occupied (11,300 units) and 35% are renter-occupied (6,151 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Quincy shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 15.4%, above the national average of 12.4%. Workers in Quincy have an average one-way commute time of 13.9 minutes, one of the shorter commutes in the region.
Education & Demographics
26.6% of Quincy 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 1.8% White, 0.8% Hispanic or Latino, 0.0% Black or African American, and 0.5% Asian residents, with 2.0% of the population being foreign-born.
How Quincy Ranks in Illinois
Cost of Living in Quincy, IL
Compared to national averages, Quincy has a median household income of $56,372 (25% below the national median of $75,149). Home values average $146,100, which is 40% below the national median. Monthly rent at $824 is 29% below the US average of $1,163. Within Illinois, Quincy's income is 25% below the state average of $75,072, and home values are 12% below the state median of $165,779.
Why Live in Quincy, IL?
Quincy offers affordable housing with a median home value of $146,100, below the US average of $244,900, and rent that’s lower than the national average at $824/month, and short commute times averaging just 13.9 minutes.
Potential considerations include median household income ($56,372) that falls below the national average. However, Quincy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Quincy has a population of 39,188 with a median age of 40.1 years. Compare Quincy with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Quincy
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Park Ridge | 39,241 | $138,059 | $539,300 | Compare |
| Streamwood | 39,055 | $101,049 | $258,300 | Compare |
| Carol Stream | 39,427 | $105,395 | $308,700 | Compare |
| Wheeling | 38,495 | $83,251 | $244,600 | Compare |
| Urbana | 38,447 | $45,854 | $186,300 | Compare |
| Crystal Lake | 40,436 | $105,428 | $287,400 | Compare |
| DeKalb | 40,464 | $46,564 | $202,900 | Compare |
| Bartlett | 40,531 | $130,479 | $350,500 | 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 Quincy With Other Cities
Frequently Asked Questions about Quincy
What is the population of Quincy, IL?
The population of Quincy, IL is 39,188 according to the latest US Census Bureau American Community Survey estimates. This makes it a mid-sized city in Illinois.
What is the median household income in Quincy?
The median household income in Quincy, IL is $56,372 per year, which is 25% below the national median of $75,149.
What is the median home value in Quincy?
The median home value in Quincy, IL is $146,100, which is 40% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Quincy?
The median monthly rent in Quincy, IL is $824, which is 29% below the national average of $1,163/month.
What is the unemployment rate in Quincy?
The unemployment rate in Quincy, IL is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Quincy, IL a good place to live?
Quincy offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 39,188 and a median age of 40.1, the city appeals to a broad range of residents.
How educated is Quincy, IL?
26.6% of residents in Quincy 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 Quincy?
Key cost-of-living indicators for Quincy, IL: median home value is $146,100 (40% below national), median rent is $824/month, and median household income is $56,372. The home-value-to-income ratio is 2.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Quincy?
The poverty rate in Quincy, IL is 15.4%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Quincy, IL?
Quincy's population is 1.8% White, 0.8% Hispanic or Latino, 0.0% Black or African American, 0.5% Asian, and 5.2% two or more races. 2.0% of residents are foreign-born.