Waggoner, IL
Population 185 · Illinois
About Waggoner, IL
Waggoner is a small community located in Illinois with a population of 185 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,135 per year, which is 8% below the national median of $75,149. The median age of 48.1 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 Waggoner features a median home value of $40,000, which is 84% below the national median of $244,900. This makes Waggoner one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $675, 42% below the national average of $1,163/month. Of the 109 total housing units, 59% are owner-occupied (54 units) and 41% are renter-occupied (37 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Waggoner shows an unemployment rate of 13.5%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 21.6%, above the national average of 12.4%. Workers in Waggoner have an average one-way commute time of 30.3 minutes.
Education & Demographics
2.7% of Waggoner 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 0.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 3.2% of the population being foreign-born.
How Waggoner Ranks in Illinois
Cost of Living in Waggoner, IL
Compared to national averages, Waggoner has a median household income of $69,135 (8% below the national median of $75,149). Home values average $40,000, which is 84% below the national median. Monthly rent at $675 is 42% below the US average of $1,163. Within Illinois, Waggoner's income is 8% below the state average of $75,072, and home values are 76% below the state median of $165,779.
Why Live in Waggoner, IL?
Waggoner offers affordable housing with a median home value of $40,000, below the US average of $244,900, and rent that’s lower than the national average at $675/month.
Potential considerations include median household income ($69,135) that falls below the national average. However, Waggoner’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waggoner has a population of 185 with a median age of 48.1 years. Compare Waggoner with other cities to see how it stacks up, or explore all cities in Illinois.
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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 Waggoner
What is the population of Waggoner, IL?
The population of Waggoner, IL is 185 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 Waggoner?
The median household income in Waggoner, IL is $69,135 per year, which is 8% below the national median of $75,149.
What is the median home value in Waggoner?
The median home value in Waggoner, IL is $40,000, which is 84% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waggoner?
The median monthly rent in Waggoner, IL is $675, which is 42% below the national average of $1,163/month.
What is the unemployment rate in Waggoner?
The unemployment rate in Waggoner, IL is 13.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waggoner, IL a good place to live?
Waggoner offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 185 and a median age of 48.1, the city appeals to established professionals and retirees.
How educated is Waggoner, IL?
2.7% of residents in Waggoner 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 Waggoner?
Key cost-of-living indicators for Waggoner, IL: median home value is $40,000 (84% below national), median rent is $675/month, and median household income is $69,135. The home-value-to-income ratio is 0.6x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waggoner?
The poverty rate in Waggoner, IL is 21.6%, 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 Waggoner, IL?
Waggoner's population is 0.0% White, 2.7% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 3.2% of residents are foreign-born.