Venedy, IL
Population 163 · Illinois
About Venedy, IL
Venedy is a small community located in Illinois with a population of 163 residents according to the latest US Census Bureau American Community Survey data. The median household income is $74,375 per year, which is 1% below the national median of $75,149. The median age of 39.8 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Venedy features a median home value of $95,000, which is 61% below the national median of $244,900. This makes Venedy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $492, 58% below the national average of $1,163/month. Of the 68 total housing units, 76% are owner-occupied (48 units) and 24% are renter-occupied (15 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Venedy shows an unemployment rate of 7.4%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 8.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Venedy have an average one-way commute time of 27.2 minutes.
Education & Demographics
11.9% of Venedy 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 6.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, and 19.6% Asian residents, with 1.2% of the population being foreign-born.
How Venedy Ranks in Illinois
Cost of Living in Venedy, IL
Compared to national averages, Venedy has a median household income of $74,375 (1% below the national median of $75,149). Home values average $95,000, which is 61% below the national median. Monthly rent at $492 is 58% below the US average of $1,163. Within Illinois, Venedy's income is 1% below the state average of $75,072, and home values are 43% below the state median of $165,779.
Why Live in Venedy, IL?
Venedy offers affordable housing with a median home value of $95,000, below the US average of $244,900, and rent that’s lower than the national average at $492/month, and a low poverty rate of 8.0%, better than the national average.
Potential considerations include median household income ($74,375) that falls below the national average. However, Venedy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Venedy has a population of 163 with a median age of 39.8 years. Compare Venedy with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Venedy
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Galt | 163 | $108,173 | $187,500 | Compare |
| Curran | 164 | $55,417 | $110,400 | Compare |
| Eagle Lake | 164 | $0 | $0 | Compare |
| Fieldon | 162 | $75,208 | $92,100 | Compare |
| Sims | 164 | $47,708 | $46,300 | Compare |
| West Union | 164 | $72,969 | $0 | Compare |
| Williamson | 164 | $56,667 | $75,500 | Compare |
| Freeman Spur | 165 | $35,000 | $66,900 | 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 Venedy With Other Cities
Frequently Asked Questions about Venedy
What is the population of Venedy, IL?
The population of Venedy, IL is 163 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 Venedy?
The median household income in Venedy, IL is $74,375 per year, which is 1% below the national median of $75,149.
What is the median home value in Venedy?
The median home value in Venedy, IL is $95,000, which is 61% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Venedy?
The median monthly rent in Venedy, IL is $492, which is 58% below the national average of $1,163/month.
What is the unemployment rate in Venedy?
The unemployment rate in Venedy, IL is 7.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Venedy, IL a good place to live?
Venedy offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 163 and a median age of 39.8, the city appeals to a broad range of residents.
How educated is Venedy, IL?
11.9% of residents in Venedy 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 Venedy?
Key cost-of-living indicators for Venedy, IL: median home value is $95,000 (61% below national), median rent is $492/month, and median household income is $74,375. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Venedy?
The poverty rate in Venedy, IL is 8.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Venedy, IL?
Venedy's population is 6.7% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 19.6% Asian, and 0.0% two or more races. 1.2% of residents are foreign-born.