Wayne City, IL
Population 1,050 · Illinois
About Wayne City, IL
Wayne City is a small town located in Illinois with a population of 1,050 residents according to the latest US Census Bureau American Community Survey data. The median household income is $58,208 per year, which is 23% below the national median of $75,149. The median age of 45.4 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 Wayne City features a median home value of $108,600, which is 56% below the national median of $244,900. This makes Wayne City one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $746, 36% below the national average of $1,163/month. Of the 486 total housing units, 83% are owner-occupied (378 units) and 17% are renter-occupied (77 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wayne City shows an unemployment rate of 3.5%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Wayne City have an average one-way commute time of 26.4 minutes.
Education & Demographics
19.3% of Wayne City 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, 0.9% 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 Wayne City, IL
Compared to national averages, Wayne City has a median household income of $58,208 (23% below the national median of $75,149). Home values average $108,600, which is 56% below the national median. Monthly rent at $746 is 36% below the US average of $1,163. Within Illinois, Wayne City's income is 22% below the state average of $75,072, and home values are 34% below the state median of $165,779.
Why Live in Wayne City, IL?
Wayne City offers affordable housing with a median home value of $108,600, below the US average of $244,900, and rent that’s lower than the national average at $746/month, and a strong job market with an unemployment rate of just 3.5%. Additionally, the city features a low poverty rate of 11.3%, better than the national average.
Potential considerations include median household income ($58,208) that falls below the national average. However, Wayne City’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wayne City has a population of 1,050 with a median age of 45.4 years. Compare Wayne City with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Wayne City
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Colchester | 1,057 | $62,500 | $86,500 | Compare |
| Cobden | 1,064 | $42,250 | $106,400 | Compare |
| Macon | 1,035 | $74,063 | $109,500 | Compare |
| Raymond | 1,065 | $64,063 | $96,600 | Compare |
| Chebanse | 1,033 | $76,190 | $149,300 | Compare |
| Payson | 1,030 | $62,262 | $118,000 | Compare |
| St. Anne | 1,070 | $71,574 | $129,500 | Compare |
| Andalusia | 1,073 | $72,589 | $150,200 | 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 Wayne City With Other Cities
Frequently Asked Questions about Wayne City
What is the population of Wayne City, IL?
The population of Wayne City, IL is 1,050 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Wayne City?
The median household income in Wayne City, IL is $58,208 per year, which is 23% below the national median of $75,149.
What is the median home value in Wayne City?
The median home value in Wayne City, IL is $108,600, which is 56% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wayne City?
The median monthly rent in Wayne City, IL is $746, which is 36% below the national average of $1,163/month.
What is the unemployment rate in Wayne City?
The unemployment rate in Wayne City, IL is 3.5%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wayne City, IL a good place to live?
Wayne City offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,050 and a median age of 45.4, the city appeals to established professionals and retirees.
How educated is Wayne City, IL?
19.3% of residents in Wayne City 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 Wayne City?
Key cost-of-living indicators for Wayne City, IL: median home value is $108,600 (56% below national), median rent is $746/month, and median household income is $58,208. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wayne City?
The poverty rate in Wayne City, IL is 11.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Wayne City, IL?
Wayne City's population is 0.0% White, 0.9% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.