Thawville, IL
Population 200 · Illinois
About Thawville, IL
Thawville is a small community located in Illinois with a population of 200 residents according to the latest US Census Bureau American Community Survey data. The median household income is $41,667 per year, which is 45% below the national median of $75,149. The median age of 43.2 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 Thawville features a median home value of $87,500, which is 64% below the national median of $244,900. This makes Thawville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $753, 35% below the national average of $1,163/month. Of the 129 total housing units, 73% are owner-occupied (73 units) and 27% are renter-occupied (27 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Thawville shows an unemployment rate of 2.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 23.1%, above the national average of 12.4%. Workers in Thawville have an average one-way commute time of 25.2 minutes.
Education & Demographics
7.7% of Thawville 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 8.5% White, 0.5% Hispanic or Latino, 2.0% Black or African American, and 3.5% Asian residents, with 6.0% of the population being foreign-born.
Cost of Living in Thawville, IL
Compared to national averages, Thawville has a median household income of $41,667 (45% below the national median of $75,149). Home values average $87,500, which is 64% below the national median. Monthly rent at $753 is 35% below the US average of $1,163. Within Illinois, Thawville's income is 44% below the state average of $75,072, and home values are 47% below the state median of $165,779.
Why Live in Thawville, IL?
Thawville offers affordable housing with a median home value of $87,500, below the US average of $244,900, and rent that’s lower than the national average at $753/month, and a strong job market with an unemployment rate of just 2.5%.
Potential considerations include median household income ($41,667) that falls below the national average. However, Thawville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Thawville has a population of 200 with a median age of 43.2 years. Compare Thawville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Thawville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Plattville | 200 | $140,313 | $285,400 | Compare |
| Stoy | 201 | $76,056 | $102,200 | Compare |
| White Heath | 197 | $96,875 | $162,300 | Compare |
| North Henderson | 204 | $71,563 | $75,000 | Compare |
| Wellington | 204 | $46,979 | $73,900 | Compare |
| Iroquois | 205 | $54,500 | $95,200 | Compare |
| Penfield | 195 | $94,531 | $97,200 | Compare |
| Serena | 195 | $0 | $0 | 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 Thawville With Other Cities
Frequently Asked Questions about Thawville
What is the population of Thawville, IL?
The population of Thawville, IL is 200 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 Thawville?
The median household income in Thawville, IL is $41,667 per year, which is 45% below the national median of $75,149.
What is the median home value in Thawville?
The median home value in Thawville, IL is $87,500, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Thawville?
The median monthly rent in Thawville, IL is $753, which is 35% below the national average of $1,163/month.
What is the unemployment rate in Thawville?
The unemployment rate in Thawville, IL is 2.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Thawville, IL a good place to live?
Thawville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 200 and a median age of 43.2, the city appeals to a broad range of residents.
How educated is Thawville, IL?
7.7% of residents in Thawville 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 Thawville?
Key cost-of-living indicators for Thawville, IL: median home value is $87,500 (64% below national), median rent is $753/month, and median household income is $41,667. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Thawville?
The poverty rate in Thawville, IL is 23.1%, 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 Thawville, IL?
Thawville's population is 8.5% White, 0.5% Hispanic or Latino, 2.0% Black or African American, 3.5% Asian, and 1.0% two or more races. 6.0% of residents are foreign-born.