Income & Economy in Nilwood, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$46,563

-36% vs national

Per Capita Income

$23,041

-38% vs national

Poverty Rate

13.6%

-0% vs national

Gini Index

0.3121

0 = perfect equality

Unemployment

5.8%

+11% vs national

SNAP Recipients

23.7%

of households

How Nilwood Compares

Source: Census ACS (2023)

Nilwood vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Nilwood is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Nilwood. The median household income here is $46,563.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
16.9%
$25-50K
42.4%
$50-75K
10.2%
$75-100K
23.7%
$100-150K
6.8%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

5.8%

+3% vs IL avg

Labor Force

52

Employed

49

Mean Commute

28 min

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

7.1%

of adults 25+

High School Diploma+

32.1%

of adults 25+

Median Age

52.0

Work from Home

0.0%

of workers

The median household income in Nilwood, IL is $46,563, which is 36.4% below the national average of $73,224. Per capita income is $23,041. The poverty rate of 13.6% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.3121, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 5.8%, compared to the state average of 5.6%. 7.1% of adults hold a bachelor's degree or higher. The average commute time is 28 minutes, with 0.0% working from home.