Winchester, IL
Population 1,543 · Illinois
About Winchester, IL
Winchester is a small community in Illinois with a population of 1,543 residents. The median household income is $54,286 per year, which is near the national average. The median age in Winchester is 39.1 years.
Housing in Winchester has a median home value of $96,000 and median monthly rent of $627. Of the 772 total housing units, the majority are owner-occupied, with 435 owner-occupied and 239 renter-occupied units.
The unemployment rate in Winchester is 4.9% and the poverty rate is 21.2%. 20.7% of residents hold a bachelor's degree or higher. The average commute time is 25.4 minutes.
Cost of Living in Winchester, IL
Compared to national averages, Winchester has a median household income of $54,286 (28% below the national median of $75,149). Home values average $96,000, which is 61% below the national median. Monthly rent at $627 is 46% below the US average of $1,163. Within Illinois, Winchester's income is 28% below the state average of $75,072, and home values are 42% below the state median of $165,779.
Why Live in Winchester, IL?
Winchester offers affordable housing with a median home value of $96,000, below the US average of $244,900, and rent that’s lower than the national average at $627/month.
Potential considerations include median household income ($54,286) that falls below the national average. However, Winchester’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Winchester has a population of 1,543 with a median age of 39.1 years. Compare Winchester with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Winchester
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Grant Park | 1,547 | $72,500 | $205,500 | Compare |
| Benld | 1,535 | $45,667 | $83,000 | Compare |
| Twin Grove | 1,554 | $113,250 | $246,400 | Compare |
| Wyoming | 1,532 | $57,969 | $105,700 | Compare |
| Chenoa | 1,559 | $66,625 | $120,700 | Compare |
| Harristown | 1,526 | $74,018 | $116,700 | Compare |
| Thomson | 1,526 | $54,063 | $122,300 | Compare |
| Williamsville | 1,519 | $104,135 | $187,000 | 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.
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Frequently Asked Questions about Winchester
What is the population of Winchester, IL?
The population of Winchester, IL is 1,543 according to the latest Census data.
What is the median household income in Winchester?
The median household income in Winchester, IL is $54,286 per year.
What is the median home value in Winchester?
The median home value in Winchester, IL is $96,000.
What is the average rent in Winchester?
The median monthly rent in Winchester, IL is $627.
What is the unemployment rate in Winchester?
The unemployment rate in Winchester, IL is 4.9%.