Nilwood, Illinois Housing

Nilwood, Illinois has a population of 211, with a median household income of $48,250.

Current housing data for Nilwood.

$82,400

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Population

211

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Median Income

$48,250

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Unemployment

5.40%

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Housing Price

$82,400

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Crime Rate

9.20

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Internet Speed

100.00 Mbps

Nilwood 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.

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

Population Overview

Nilwood has a population of 211, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Nilwood is $48,250, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Nilwood is about $82,400, making it relatively affordable compared to many cities in Illinois.

Employment and Safety

The unemployment rate in Nilwood is 5.40%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Nilwood are higher than the state average, which may be a factor for residents to consider.

City Comparison

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

Overall, Nilwood offers a balanced mix of economic conditions, population trends, and housing opportunities within Illinois.

Frequently Asked Questions about Nilwood

What is the population of Nilwood?

The population of Nilwood is approximately 211.

Is Nilwood a good place to live?

Nilwood 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 Nilwood?

The median household income in Nilwood is around $48,250.

How expensive is housing in Nilwood?

The average housing price in Nilwood is approximately $82,400.