The Galena Territory, IL
Population 1,644 · Illinois
About The Galena Territory, IL
The Galena Territory is a small town located in Illinois with a population of 1,644 residents according to the latest US Census Bureau American Community Survey data. The median household income is $112,386 per year, which is 50% above the national median of $75,149. The median age of 63.6 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 The Galena Territory features a median home value of $311,000, which is 27% above the national median of $244,900. This positions The Galena Territory in a moderately priced market relative to the rest of the country. Median monthly rent is $1,148, 1% below the national average of $1,163/month. Of the 2,090 total housing units, 97% are owner-occupied (751 units) and 3% are renter-occupied (23 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in The Galena Territory shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.4%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in The Galena Territory have an average one-way commute time of 28.6 minutes.
Education & Demographics
59.4% of The Galena Territory residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.9% White, 1.0% Hispanic or Latino, 0.0% Black or African American, and 7.5% Asian residents, with 3.0% of the population being foreign-born.
How The Galena Territory Ranks in Illinois
Cost of Living in The Galena Territory, IL
Compared to national averages, The Galena Territory has a median household income of $112,386 (50% above the national median of $75,149). Home values average $311,000, which is 27% above the national median. Monthly rent at $1,148 is 1% below the US average of $1,163. Within Illinois, The Galena Territory's income is 50% above the state average of $75,072, and home values are 88% above the state median of $165,779.
Why Live in The Galena Territory, IL?
The Galena Territory offers a strong local economy with a median household income of $112,386, well above the national average, and rent that’s lower than the national average at $1,148/month, and a strong job market with an unemployment rate of just 0.6%. Additionally, the city features a well-educated community where 59.4% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.4%, better than the national average.
The Galena Territory has a population of 1,644 with a median age of 63.6 years. Compare The Galena Territory with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near The Galena Territory
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| North Pekin | 1,647 | $79,730 | $118,100 | Compare |
| Manito | 1,640 | $67,772 | $117,500 | Compare |
| Erie | 1,658 | $86,750 | $147,300 | Compare |
| Rome | 1,628 | $95,263 | $155,700 | Compare |
| Roodhouse | 1,662 | $51,667 | $70,300 | Compare |
| Roxana | 1,626 | $66,125 | $101,800 | Compare |
| Bement | 1,664 | $79,583 | $101,200 | Compare |
| Oblong | 1,617 | $52,702 | $78,400 | 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 The Galena Territory With Other Cities
Frequently Asked Questions about The Galena Territory
What is the population of The Galena Territory, IL?
The population of The Galena Territory, IL is 1,644 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 The Galena Territory?
The median household income in The Galena Territory, IL is $112,386 per year, which is 50% above the national median of $75,149.
What is the median home value in The Galena Territory?
The median home value in The Galena Territory, IL is $311,000, which is 27% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in The Galena Territory?
The median monthly rent in The Galena Territory, IL is $1,148, which is 1% below the national average of $1,163/month.
What is the unemployment rate in The Galena Territory?
The unemployment rate in The Galena Territory, IL is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is The Galena Territory, IL a good place to live?
The Galena Territory offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,644 and a median age of 63.6, the city appeals to established professionals and retirees.
How educated is The Galena Territory, IL?
59.4% of residents in The Galena Territory 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 The Galena Territory?
Key cost-of-living indicators for The Galena Territory, IL: median home value is $311,000 (27% above national), median rent is $1,148/month, and median household income is $112,386. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in The Galena Territory?
The poverty rate in The Galena Territory, IL is 1.4%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is The Galena Territory, IL?
The Galena Territory's population is 1.9% White, 1.0% Hispanic or Latino, 0.0% Black or African American, 7.5% Asian, and 0.0% two or more races. 3.0% of residents are foreign-born.