Chestnut, Illinois Population

Chestnut, Illinois has a population of 240, with a median household income of $52,400.

Current population data for Chestnut.

240

👥

Population

240

💰

Median Income

$52,400

📉

Unemployment

3.50%

🏠

Housing Price

$105,000

🚨

Crime Rate

4.10

🌐

Internet Speed

90.00 Mbps

Chestnut is a small local community located in Illinois. The city has a population that is below the average city population in Illinois, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Chestnut is a notable city in Illinois, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Chestnut has a population of 240, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Chestnut is $52,400, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Chestnut is about $105,000, making it relatively affordable compared to many cities in Illinois.

Employment and Safety

The unemployment rate in Chestnut is 3.50%, which is lower than the state average, indicating a relatively strong job market. Chestnut has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Illinois, Chestnut shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Illinois, Chestnut contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Chestnut

What is the population of Chestnut?

The population of Chestnut is approximately 240.

Is Chestnut a good place to live?

Chestnut offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Chestnut?

The median household income in Chestnut is around $52,400.

How expensive is housing in Chestnut?

The average housing price in Chestnut is approximately $105,000.