Wyoming, IL
Population 1,532 · Illinois
About Wyoming, IL
Wyoming is a small town located in Illinois with a population of 1,532 residents according to the latest US Census Bureau American Community Survey data. The median household income is $57,969 per year, which is 23% below the national median of $75,149. The median age of 42.9 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 Wyoming features a median home value of $105,700, which is 57% below the national median of $244,900. This makes Wyoming one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $686, 41% below the national average of $1,163/month. Of the 795 total housing units, 72% are owner-occupied (516 units) and 28% are renter-occupied (201 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Wyoming shows an unemployment rate of 3.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 13.6%, above the national average of 12.4%. Workers in Wyoming have an average one-way commute time of 20 minutes.
Education & Demographics
20.6% of Wyoming 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 2.9% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 2.7% Asian residents, with 3.4% of the population being foreign-born.
Cost of Living in Wyoming, IL
Compared to national averages, Wyoming has a median household income of $57,969 (23% below the national median of $75,149). Home values average $105,700, which is 57% below the national median. Monthly rent at $686 is 41% below the US average of $1,163. Within Illinois, Wyoming's income is 23% below the state average of $75,072, and home values are 36% below the state median of $165,779.
Why Live in Wyoming, IL?
Wyoming offers affordable housing with a median home value of $105,700, below the US average of $244,900, and rent that’s lower than the national average at $686/month, and a strong job market with an unemployment rate of just 3.1%. Additionally, the city features short commute times averaging just 20 minutes.
Potential considerations include median household income ($57,969) that falls below the national average. However, Wyoming’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Wyoming has a population of 1,532 with a median age of 42.9 years. Compare Wyoming with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Wyoming
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Benld | 1,535 | $45,667 | $83,000 | Compare |
| Harristown | 1,526 | $74,018 | $116,700 | Compare |
| Thomson | 1,526 | $54,063 | $122,300 | Compare |
| Winchester | 1,543 | $54,286 | $96,000 | Compare |
| Williamsville | 1,519 | $104,135 | $187,000 | Compare |
| Grant Park | 1,547 | $72,500 | $205,500 | Compare |
| Grayville | 1,515 | $47,308 | $76,000 | Compare |
| Mount Carroll | 1,515 | $59,167 | $88,800 | 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 Wyoming With Other Cities
Frequently Asked Questions about Wyoming
What is the population of Wyoming, IL?
The population of Wyoming, IL is 1,532 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 Wyoming?
The median household income in Wyoming, IL is $57,969 per year, which is 23% below the national median of $75,149.
What is the median home value in Wyoming?
The median home value in Wyoming, IL is $105,700, which is 57% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Wyoming?
The median monthly rent in Wyoming, IL is $686, which is 41% below the national average of $1,163/month.
What is the unemployment rate in Wyoming?
The unemployment rate in Wyoming, IL is 3.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Wyoming, IL a good place to live?
Wyoming offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,532 and a median age of 42.9, the city appeals to a broad range of residents.
How educated is Wyoming, IL?
20.6% of residents in Wyoming 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 Wyoming?
Key cost-of-living indicators for Wyoming, IL: median home value is $105,700 (57% below national), median rent is $686/month, and median household income is $57,969. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Wyoming?
The poverty rate in Wyoming, IL is 13.6%, 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 Wyoming, IL?
Wyoming's population is 2.9% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 2.7% Asian, and 1.0% two or more races. 3.4% of residents are foreign-born.