Swansea, IL
Population 14,603 · Illinois
About Swansea, IL
Swansea is a mid-sized city located in Illinois with a population of 14,603 residents according to the latest US Census Bureau American Community Survey data. The median household income is $84,367 per year, which is 12% above the national median of $75,149. The median age of 38.4 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Swansea features a median home value of $211,700, which is 14% below the national median of $244,900. This positions Swansea in a moderately priced market relative to the rest of the country. Median monthly rent is $1,178, 1% above the national average of $1,163/month. Of the 5,929 total housing units, 75% are owner-occupied (4,206 units) and 25% are renter-occupied (1,381 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Swansea shows an unemployment rate of 4.8%, which is near the national rate of 3.7%. The poverty rate stands at 8.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Swansea have an average one-way commute time of 25.6 minutes.
Education & Demographics
43.1% of Swansea 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 0.5% White, 1.2% Hispanic or Latino, 0.2% Black or African American, and 0.1% Asian residents, with 4.8% of the population being foreign-born.
Cost of Living in Swansea, IL
Compared to national averages, Swansea has a median household income of $84,367 (12% above the national median of $75,149). Home values average $211,700, which is 14% below the national median. Monthly rent at $1,178 is 1% above the US average of $1,163. Within Illinois, Swansea's income is 12% above the state average of $75,072, and home values are 28% above the state median of $165,779.
Why Live in Swansea, IL?
Swansea offers a strong local economy with a median household income of $84,367, well above the national average, and affordable housing with a median home value of $211,700, below the US average of $244,900, and a well-educated community where 43.1% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 8.3%, better than the national average.
Swansea has a population of 14,603 with a median age of 38.4 years. Compare Swansea with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Swansea
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Sterling | 14,670 | $52,647 | $107,800 | Compare |
| Mount Vernon | 14,492 | $52,751 | $89,700 | Compare |
| Hickory Hills | 14,718 | $85,541 | $278,400 | Compare |
| Chatham | 14,740 | $106,030 | $231,900 | Compare |
| Antioch | 14,751 | $118,635 | $299,700 | Compare |
| Morris | 14,775 | $72,357 | $244,400 | Compare |
| Lindenhurst | 14,365 | $127,837 | $275,400 | Compare |
| Warrenville | 14,232 | $99,028 | $266,500 | 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 Swansea With Other Cities
Frequently Asked Questions about Swansea
What is the population of Swansea, IL?
The population of Swansea, IL is 14,603 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 Swansea?
The median household income in Swansea, IL is $84,367 per year, which is 12% above the national median of $75,149.
What is the median home value in Swansea?
The median home value in Swansea, IL is $211,700, which is 14% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Swansea?
The median monthly rent in Swansea, IL is $1,178, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Swansea?
The unemployment rate in Swansea, IL is 4.8%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Swansea, IL a good place to live?
Swansea offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 14,603 and a median age of 38.4, the city appeals to a broad range of residents.
How educated is Swansea, IL?
43.1% of residents in Swansea aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Swansea?
Key cost-of-living indicators for Swansea, IL: median home value is $211,700 (14% below national), median rent is $1,178/month, and median household income is $84,367. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Swansea?
The poverty rate in Swansea, IL is 8.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Swansea, IL?
Swansea's population is 0.5% White, 1.2% Hispanic or Latino, 0.2% Black or African American, 0.1% Asian, and 17.7% two or more races. 4.8% of residents are foreign-born.