Vermont, IL
Population 629 · Illinois
About Vermont, IL
Vermont is a small community located in Illinois with a population of 629 residents according to the latest US Census Bureau American Community Survey data. The median household income is $47,115 per year, which is 37% below the national median of $75,149. The median age of 47.8 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 Vermont features a median home value of $55,500, which is 77% below the national median of $244,900. This makes Vermont one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $456, 61% below the national average of $1,163/month. Of the 339 total housing units, 81% are owner-occupied (249 units) and 19% are renter-occupied (57 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Vermont shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 15.3%, above the national average of 12.4%. Workers in Vermont have an average one-way commute time of 28.3 minutes.
Education & Demographics
8.8% of Vermont 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 0.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.2% of the population being foreign-born.
How Vermont Ranks in Illinois
Cost of Living in Vermont, IL
Compared to national averages, Vermont has a median household income of $47,115 (37% below the national median of $75,149). Home values average $55,500, which is 77% below the national median. Monthly rent at $456 is 61% below the US average of $1,163. Within Illinois, Vermont's income is 37% below the state average of $75,072, and home values are 67% below the state median of $165,779.
Why Live in Vermont, IL?
Vermont offers affordable housing with a median home value of $55,500, below the US average of $244,900, and rent that’s lower than the national average at $456/month.
Potential considerations include median household income ($47,115) that falls below the national average. However, Vermont’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Vermont has a population of 629 with a median age of 47.8 years. Compare Vermont with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Vermont
Cities in Illinois with a similar population size.
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 Vermont With Other Cities
Frequently Asked Questions about Vermont
What is the population of Vermont, IL?
The population of Vermont, IL is 629 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 Vermont?
The median household income in Vermont, IL is $47,115 per year, which is 37% below the national median of $75,149.
What is the median home value in Vermont?
The median home value in Vermont, IL is $55,500, which is 77% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Vermont?
The median monthly rent in Vermont, IL is $456, which is 61% below the national average of $1,163/month.
What is the unemployment rate in Vermont?
The unemployment rate in Vermont, IL is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Vermont, IL a good place to live?
Vermont offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 629 and a median age of 47.8, the city appeals to established professionals and retirees.
How educated is Vermont, IL?
8.8% of residents in Vermont 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 Vermont?
Key cost-of-living indicators for Vermont, IL: median home value is $55,500 (77% below national), median rent is $456/month, and median household income is $47,115. The home-value-to-income ratio is 1.2x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Vermont?
The poverty rate in Vermont, IL is 15.3%, 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 Vermont, IL?
Vermont's population is 0.6% White, 0.2% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.2% of residents are foreign-born.