Urbana, IL
Population 38,447 · Illinois
About Urbana, IL
Urbana is a mid-sized city in Illinois with a population of 38,447 residents. The median household income is $45,854 per year, which is below the national average. The median age in Urbana is 26.7 years.
Housing in Urbana has a median home value of $186,300 and median monthly rent of $951. Of the 19,003 total housing units, renting is more common than owning, with 5,704 owner-occupied and 10,721 renter-occupied units.
The unemployment rate in Urbana is 5.7% and the poverty rate is 24.8%. 58.4% of residents hold a bachelor's degree or higher. The average commute time is 14.3 minutes.
How Urbana Ranks in Illinois
Cost of Living in Urbana, IL
Compared to national averages, Urbana has a median household income of $45,854 (39% below the national median of $75,149). Home values average $186,300, which is 24% below the national median. Monthly rent at $951 is 18% below the US average of $1,163. Within Illinois, Urbana's income is 39% below the state average of $75,072, and home values are 12% above the state median of $165,779.
Why Live in Urbana, IL?
Urbana offers affordable housing with a median home value of $186,300, below the US average of $244,900, and rent that’s lower than the national average at $951/month, and a well-educated community where 58.4% of residents hold a bachelor’s degree or higher. Additionally, the city features short commute times averaging just 14.3 minutes.
Potential considerations include median household income ($45,854) that falls below the national average. However, Urbana’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Urbana has a population of 38,447 with a median age of 26.7 years. Compare Urbana with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Urbana
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Wheeling | 38,495 | $83,251 | $244,600 | Compare |
| Streamwood | 39,055 | $101,049 | $258,300 | Compare |
| Quincy | 39,188 | $56,372 | $146,100 | Compare |
| Park Ridge | 39,241 | $138,059 | $539,300 | Compare |
| Carpentersville | 37,544 | $86,327 | $225,200 | Compare |
| Carol Stream | 39,427 | $105,395 | $308,700 | Compare |
| Hanover Park | 36,850 | $92,263 | $260,900 | Compare |
| Rock Island | 36,758 | $57,292 | $118,400 | 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.
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Frequently Asked Questions about Urbana
What is the population of Urbana, IL?
The population of Urbana, IL is 38,447 according to the latest Census data.
What is the median household income in Urbana?
The median household income in Urbana, IL is $45,854 per year.
What is the median home value in Urbana?
The median home value in Urbana, IL is $186,300.
What is the average rent in Urbana?
The median monthly rent in Urbana, IL is $951.
What is the unemployment rate in Urbana?
The unemployment rate in Urbana, IL is 5.7%.