Toluca, IL
Population 1,313 · Illinois
About Toluca, IL
Toluca is a small community in Illinois with a population of 1,313 residents. The median household income is $66,667 per year, which is near the national average. The median age in Toluca is 43.6 years.
Housing in Toluca has a median home value of $110,000 and median monthly rent of $777. Of the 647 total housing units, the majority are owner-occupied, with 397 owner-occupied and 115 renter-occupied units.
The unemployment rate in Toluca is 4.2% and the poverty rate is 19.2%. 13.6% of residents hold a bachelor's degree or higher. The average commute time is 25 minutes.
Cost of Living in Toluca, IL
Compared to national averages, Toluca has a median household income of $66,667 (11% below the national median of $75,149). Home values average $110,000, which is 55% below the national median. Monthly rent at $777 is 33% below the US average of $1,163. Within Illinois, Toluca's income is 11% below the state average of $75,072, and home values are 34% below the state median of $165,779.
Why Live in Toluca, IL?
Toluca offers affordable housing with a median home value of $110,000, below the US average of $244,900, and rent that’s lower than the national average at $777/month.
Potential considerations include median household income ($66,667) that falls below the national average. However, Toluca’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Toluca has a population of 1,313 with a median age of 43.6 years. Compare Toluca with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Toluca
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Okawville | 1,312 | $84,881 | $161,400 | Compare |
| Long Creek | 1,309 | $83,214 | $165,800 | Compare |
| Sheldon | 1,309 | $43,942 | $75,200 | Compare |
| Gardner | 1,319 | $82,125 | $183,300 | Compare |
| Bunker Hill | 1,305 | $72,893 | $133,700 | Compare |
| Herscher | 1,302 | $100,833 | $198,200 | Compare |
| Zeigler | 1,325 | $39,148 | $52,000 | Compare |
| Capron | 1,328 | $97,643 | $155,800 | 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.
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Frequently Asked Questions about Toluca
What is the population of Toluca, IL?
The population of Toluca, IL is 1,313 according to the latest Census data.
What is the median household income in Toluca?
The median household income in Toluca, IL is $66,667 per year.
What is the median home value in Toluca?
The median home value in Toluca, IL is $110,000.
What is the average rent in Toluca?
The median monthly rent in Toluca, IL is $777.
What is the unemployment rate in Toluca?
The unemployment rate in Toluca, IL is 4.2%.