Toulon, IL
Population 1,390 · Illinois
About Toulon, IL
Toulon is a small town located in Illinois with a population of 1,390 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,316 per year, which is 32% 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 Toulon features a median home value of $96,100, which is 61% below the national median of $244,900. This makes Toulon one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $738, 37% below the national average of $1,163/month. Of the 638 total housing units, 73% are owner-occupied (408 units) and 27% are renter-occupied (148 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Toulon shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 16.1%, above the national average of 12.4%. Workers in Toulon have an average one-way commute time of 28.7 minutes.
Education & Demographics
19.5% of Toulon 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 1.2% White, 1.0% Hispanic or Latino, 0.1% Black or African American, and 0.0% Asian residents, with 2.5% of the population being foreign-born.
Cost of Living in Toulon, IL
Compared to national averages, Toulon has a median household income of $51,316 (32% below the national median of $75,149). Home values average $96,100, which is 61% below the national median. Monthly rent at $738 is 37% below the US average of $1,163. Within Illinois, Toulon's income is 32% below the state average of $75,072, and home values are 42% below the state median of $165,779.
Why Live in Toulon, IL?
Toulon offers affordable housing with a median home value of $96,100, below the US average of $244,900, and rent that’s lower than the national average at $738/month, and a strong job market with an unemployment rate of just 3.5%.
Potential considerations include median household income ($51,316) that falls below the national average. However, Toulon’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Toulon has a population of 1,390 with a median age of 42.1 years. Compare Toulon with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Toulon
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ladd | 1,393 | $73,646 | $123,600 | Compare |
| Palestine | 1,396 | $60,000 | $75,800 | Compare |
| St. Elmo | 1,401 | $47,115 | $80,300 | Compare |
| Walnut | 1,402 | $62,019 | $94,700 | Compare |
| Arbury Hills | 1,408 | $103,456 | $225,600 | Compare |
| New Berlin | 1,366 | $68,125 | $153,600 | Compare |
| Onarga | 1,362 | $64,286 | $96,500 | Compare |
| Waterman | 1,419 | $97,386 | $212,900 | 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.
Compare Toulon With Other Cities
Frequently Asked Questions about Toulon
What is the population of Toulon, IL?
The population of Toulon, IL is 1,390 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 Toulon?
The median household income in Toulon, IL is $51,316 per year, which is 32% below the national median of $75,149.
What is the median home value in Toulon?
The median home value in Toulon, IL is $96,100, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Toulon?
The median monthly rent in Toulon, IL is $738, which is 37% below the national average of $1,163/month.
What is the unemployment rate in Toulon?
The unemployment rate in Toulon, IL is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Toulon, IL a good place to live?
Toulon offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,390 and a median age of 42.1, the city appeals to a broad range of residents.
How educated is Toulon, IL?
19.5% of residents in Toulon 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 Toulon?
Key cost-of-living indicators for Toulon, IL: median home value is $96,100 (61% below national), median rent is $738/month, and median household income is $51,316. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Toulon?
The poverty rate in Toulon, IL is 16.1%, 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 Toulon, IL?
Toulon's population is 1.2% White, 1.0% Hispanic or Latino, 0.1% Black or African American, 0.0% Asian, and 1.7% two or more races. 2.5% of residents are foreign-born.