Waltonville, IL
Population 315 · Illinois
About Waltonville, IL
Waltonville is a small community located in Illinois with a population of 315 residents according to the latest US Census Bureau American Community Survey data. The median household income is $69,583 per year, which is 7% below the national median of $75,149. The median age of 49.4 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 Waltonville features a median home value of $96,100, which is 61% below the national median of $244,900. This makes Waltonville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $688, 41% below the national average of $1,163/month. Of the 152 total housing units, 72% are owner-occupied (103 units) and 28% are renter-occupied (40 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waltonville shows an unemployment rate of 2.8%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 9.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waltonville have an average one-way commute time of 20.7 minutes.
Education & Demographics
10.0% of Waltonville 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 1.3% White, 3.8% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Waltonville, IL
Compared to national averages, Waltonville has a median household income of $69,583 (7% below the national median of $75,149). Home values average $96,100, which is 61% below the national median. Monthly rent at $688 is 41% below the US average of $1,163. Within Illinois, Waltonville's income is 7% below the state average of $75,072, and home values are 42% below the state median of $165,779.
Why Live in Waltonville, IL?
Waltonville 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 $688/month, and a strong job market with an unemployment rate of just 2.8%. Additionally, the city features a low poverty rate of 9.5%, better than the national average, and short commute times averaging just 20.7 minutes.
Potential considerations include median household income ($69,583) that falls below the national average. However, Waltonville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waltonville has a population of 315 with a median age of 49.4 years. Compare Waltonville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Waltonville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Addieville | 315 | $101,875 | $153,300 | Compare |
| Royal | 313 | $93,500 | $144,600 | Compare |
| Martinton | 312 | $86,000 | $110,500 | Compare |
| Ransom | 312 | $69,250 | $101,500 | Compare |
| Royal Lakes | 318 | $0 | $54,400 | Compare |
| Table Grove | 318 | $52,083 | $72,300 | Compare |
| Arenzville | 310 | $82,188 | $109,900 | Compare |
| New Douglas | 320 | $48,500 | $85,500 | 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 Waltonville With Other Cities
Frequently Asked Questions about Waltonville
What is the population of Waltonville, IL?
The population of Waltonville, IL is 315 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 Waltonville?
The median household income in Waltonville, IL is $69,583 per year, which is 7% below the national median of $75,149.
What is the median home value in Waltonville?
The median home value in Waltonville, 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 Waltonville?
The median monthly rent in Waltonville, IL is $688, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Waltonville?
The unemployment rate in Waltonville, IL is 2.8%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Waltonville, IL a good place to live?
Waltonville offers a moderate cost of living, affordable housing, and a strong job market. With a population of 315 and a median age of 49.4, the city appeals to established professionals and retirees.
How educated is Waltonville, IL?
10.0% of residents in Waltonville 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 Waltonville?
Key cost-of-living indicators for Waltonville, IL: median home value is $96,100 (61% below national), median rent is $688/month, and median household income is $69,583. The home-value-to-income ratio is 1.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waltonville?
The poverty rate in Waltonville, IL is 9.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Waltonville, IL?
Waltonville's population is 1.3% White, 3.8% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.3% two or more races. 0.0% of residents are foreign-born.