Stonefort, IL
Population 389 · Illinois
About Stonefort, IL
Stonefort is a small community located in Illinois with a population of 389 residents according to the latest US Census Bureau American Community Survey data. The median household income is $53,365 per year, which is 29% below the national median of $75,149. The median age of 42.1 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 Stonefort features a median home value of $83,300, which is 66% below the national median of $244,900. This makes Stonefort one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $723, 38% below the national average of $1,163/month. Of the 167 total housing units, 67% are owner-occupied (96 units) and 33% are renter-occupied (47 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Stonefort shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Stonefort have an average one-way commute time of 31 minutes.
Education & Demographics
4.9% of Stonefort 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 7.7% White, 2.1% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 4.1% of the population being foreign-born.
Cost of Living in Stonefort, IL
Compared to national averages, Stonefort has a median household income of $53,365 (29% below the national median of $75,149). Home values average $83,300, which is 66% below the national median. Monthly rent at $723 is 38% below the US average of $1,163. Within Illinois, Stonefort's income is 29% below the state average of $75,072, and home values are 50% below the state median of $165,779.
Why Live in Stonefort, IL?
Stonefort offers affordable housing with a median home value of $83,300, below the US average of $244,900, and rent that’s lower than the national average at $723/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features a low poverty rate of 10.0%, better than the national average.
Potential considerations include median household income ($53,365) that falls below the national average. However, Stonefort’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Stonefort has a population of 389 with a median age of 42.1 years. Compare Stonefort with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Stonefort
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Tower Hill | 387 | $52,917 | $61,300 | Compare |
| Prairie City | 386 | $36,250 | $80,400 | Compare |
| East Lynn | 394 | $238,281 | $588,500 | Compare |
| Cameron | 383 | $57,614 | $110,400 | Compare |
| Armington | 382 | $56,250 | $100,000 | Compare |
| Arrowsmith | 381 | $85,592 | $101,200 | Compare |
| Fayetteville | 381 | $56,458 | $85,300 | Compare |
| Good Hope | 397 | $69,063 | $95,900 | 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.
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Frequently Asked Questions about Stonefort
What is the population of Stonefort, IL?
The population of Stonefort, IL is 389 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 Stonefort?
The median household income in Stonefort, IL is $53,365 per year, which is 29% below the national median of $75,149.
What is the median home value in Stonefort?
The median home value in Stonefort, IL is $83,300, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Stonefort?
The median monthly rent in Stonefort, IL is $723, which is 38% below the national average of $1,163/month.
What is the unemployment rate in Stonefort?
The unemployment rate in Stonefort, IL is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Stonefort, IL a good place to live?
Stonefort offers a moderate cost of living, affordable housing, and a strong job market. With a population of 389 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Stonefort, IL?
4.9% of residents in Stonefort 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 Stonefort?
Key cost-of-living indicators for Stonefort, IL: median home value is $83,300 (66% below national), median rent is $723/month, and median household income is $53,365. The home-value-to-income ratio is 1.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Stonefort?
The poverty rate in Stonefort, IL is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Stonefort, IL?
Stonefort's population is 7.7% White, 2.1% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 4.1% of residents are foreign-born.