Steeleville, IL
Population 1,732 · Illinois
About Steeleville, IL
Steeleville is a small town located in Illinois with a population of 1,732 residents according to the latest US Census Bureau American Community Survey data. The median household income is $60,982 per year, which is 19% below the national median of $75,149. The median age of 47.5 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Steeleville features a median home value of $155,100, which is 37% below the national median of $244,900. This positions Steeleville in a moderately priced market relative to the rest of the country. Median monthly rent is $775, 33% below the national average of $1,163/month. Of the 890 total housing units, 70% are owner-occupied (562 units) and 30% are renter-occupied (236 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Steeleville shows an unemployment rate of 4.1%, which is near the national rate of 3.7%. The poverty rate stands at 13.5%, above the national average of 12.4%. Workers in Steeleville have an average one-way commute time of 20.2 minutes.
Education & Demographics
14.3% of Steeleville 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 4.2% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Steeleville, IL
Compared to national averages, Steeleville has a median household income of $60,982 (19% below the national median of $75,149). Home values average $155,100, which is 37% below the national median. Monthly rent at $775 is 33% below the US average of $1,163. Within Illinois, Steeleville's income is 19% below the state average of $75,072, and home values are 6% below the state median of $165,779.
Why Live in Steeleville, IL?
Steeleville offers affordable housing with a median home value of $155,100, below the US average of $244,900, and rent that’s lower than the national average at $775/month, and short commute times averaging just 20.2 minutes.
Potential considerations include median household income ($60,982) that falls below the national average. However, Steeleville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Steeleville has a population of 1,732 with a median age of 47.5 years. Compare Steeleville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Steeleville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Washington Park | 1,728 | $42,008 | $43,200 | Compare |
| Atlanta | 1,738 | $64,091 | $123,400 | Compare |
| Girard | 1,740 | $40,250 | $96,300 | Compare |
| Lake Camelot | 1,744 | $128,333 | $220,300 | Compare |
| Maroa | 1,751 | $72,500 | $128,200 | Compare |
| Heritage Lake | 1,708 | $117,422 | $210,600 | Compare |
| Carrier Mills | 1,702 | $50,269 | $57,300 | Compare |
| De Soto | 1,701 | $52,131 | $88,800 | 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 Steeleville With Other Cities
Frequently Asked Questions about Steeleville
What is the population of Steeleville, IL?
The population of Steeleville, IL is 1,732 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 Steeleville?
The median household income in Steeleville, IL is $60,982 per year, which is 19% below the national median of $75,149.
What is the median home value in Steeleville?
The median home value in Steeleville, IL is $155,100, which is 37% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Steeleville?
The median monthly rent in Steeleville, IL is $775, which is 33% below the national average of $1,163/month.
What is the unemployment rate in Steeleville?
The unemployment rate in Steeleville, IL is 4.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Steeleville, IL a good place to live?
Steeleville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,732 and a median age of 47.5, the city appeals to established professionals and retirees.
How educated is Steeleville, IL?
14.3% of residents in Steeleville 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 Steeleville?
Key cost-of-living indicators for Steeleville, IL: median home value is $155,100 (37% below national), median rent is $775/month, and median household income is $60,982. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Steeleville?
The poverty rate in Steeleville, IL is 13.5%, 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 Steeleville, IL?
Steeleville's population is 4.2% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 1.7% two or more races. 3.4% of residents are foreign-born.