Waynesville, IL
Population 348 · Illinois
About Waynesville, IL
Waynesville is a small community located in Illinois with a population of 348 residents according to the latest US Census Bureau American Community Survey data. The median household income is $64,583 per year, which is 14% below the national median of $75,149. The median age of 48.8 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 Waynesville features a median home value of $86,200, which is 65% below the national median of $244,900. This makes Waynesville one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 180 total housing units, 93% are owner-occupied (147 units) and 7% are renter-occupied (11 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Waynesville shows an unemployment rate of 6.0%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 11.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Waynesville have an average one-way commute time of 29 minutes.
Education & Demographics
7.0% of Waynesville 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 Waynesville, IL
Compared to national averages, Waynesville has a median household income of $64,583 (14% below the national median of $75,149). Home values average $86,200, which is 65% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Waynesville's income is 14% below the state average of $75,072, and home values are 48% below the state median of $165,779.
Why Live in Waynesville, IL?
Waynesville offers affordable housing with a median home value of $86,200, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a low poverty rate of 11.3%, better than the national average.
Potential considerations include median household income ($64,583) that falls below the national average. However, Waynesville’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Waynesville has a population of 348 with a median age of 48.8 years. Compare Waynesville with other cities to see how it stacks up, or explore all cities in Illinois.
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Economy & Education
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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 Waynesville
What is the population of Waynesville, IL?
The population of Waynesville, IL is 348 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 Waynesville?
The median household income in Waynesville, IL is $64,583 per year, which is 14% below the national median of $75,149.
What is the median home value in Waynesville?
The median home value in Waynesville, IL is $86,200, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Waynesville?
The median monthly rent in Waynesville, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Waynesville?
The unemployment rate in Waynesville, IL is 6.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Waynesville, IL a good place to live?
Waynesville offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 348 and a median age of 48.8, the city appeals to established professionals and retirees.
How educated is Waynesville, IL?
7.0% of residents in Waynesville 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 Waynesville?
Key cost-of-living indicators for Waynesville, IL: median home value is $86,200 (65% below national), median rent is $0/month, and median household income is $64,583. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Waynesville?
The poverty rate in Waynesville, 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 Waynesville, IL?
Waynesville'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.