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Nebo village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 0.9x is exceptionally low

As of 2026, Nebo village, Illinois has a total population of 324, the 1064th largest city in Illinois, with a median household income of $45,000, which is 45% lower than the state average. The poverty rate is 23.8%.

Key Takeaways

Nebo village Quick Facts

Population 324
Median Household Income $45,000
Median Home Value $42,500
Poverty Rate 23.8%
Unemployment Rate 4.1%
Median Age 39.2 years
Homeownership Rate 90.8%
Affordability Ratio 0.9x
Bachelor's Degree or Higher 1.3%
High School Graduation Rate 85.1%
Diversity Index 8/100
Population 324 1064th of 1,445
Median Income $45,000 bottom 20%
Poverty Rate 23.8% 92% higher national
Median Home Value $42,500 bottom 10%

How Nebo village Compares

Economy & Housing

Employment

4.1% Unemployment Rate State: 5.8% | National: 5.2%
39.0% Labor Force Participation

Housing Overview

Owner 90.8%
Renter 9.2%
Affordability Index Very Affordable
0.9x home value to income ratio

People & Demographics

Diversity Index

8out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Nebo village Rankings in Illinois

#1064 Population of 1,445
#1233 Median Income of 1,445
#1393 Education of 1,445
#1359 Home Value of 1,445

Cities Similar to Nebo village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Royal Lakes village318N/A$54,4003.9%30.5%
Seymour CDP333N/A$135,50011.7%15.3%
New Douglas village320$48,500$85,5009.3%15.7%
Ludlow village337$46,250$74,50011.9%25.2%
Xenia village340$44,107$79,20013.5%15.2%

Population Overview

Nebo village is a small community located in Illinois. The total population is 324. It ranks as the 1064th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Nebo village is 39.2 years. This is about average than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Nebo village is $45,000. This is 45% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 43% lower. The poverty rate stands at 23.8%. This is 103% higher than the state poverty rate of 11.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 4.1%. This is 30% lower than the state rate of 5.8%. The median home value is $42,500. Housing costs are 83% lower than the state median of $250,500. With a home-value-to-income ratio of just 0.9x, Nebo village is one of the most affordable housing markets in the area. 90.8% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 66.8%.

Race & Ethnicity

Nebo village has a predominantly White (non-Hispanic) population, comprising 95.7% of all residents. Hispanic or Latino residents account for 3.1%. The White (non-Hispanic) population is significantly higher than the state average (95.7% vs 58.8%). The Hispanic or Latino population (3.1%) is well below the state average of 18.5%.

Education

1.3% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 96% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 85.1%.

Data Sources & Methodology

All demographic data for Nebo village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Nebo village, Illinois?

Nebo village, Illinois has a population of 324 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Nebo village, IL?

The median household income in Nebo village is $45,000, which is 43% lower the national median of $78,538.

What is the poverty rate in Nebo village, IL?

The poverty rate in Nebo village is 23.8%. This means approximately 77 residents live below the federal poverty line.

What is the racial makeup of Nebo village, Illinois?

Nebo village's population is 95.7% White, 0.0% Black, 3.1% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Nebo village, IL?

The median home value in Nebo village is $42,500. The home-value-to-income ratio is 0.9x.

How educated is Nebo village, Illinois?

1.3% of adults (25+) in Nebo village hold a bachelor's degree or higher, and 0.4% hold a graduate or professional degree.