Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.8 yrs |
|---|---|
| Avg HH Size | 2.26 |
| Below Poverty | 13.7% ▲ 37% above avg |
| College Grads | 34.4% ▼ 11% below avg |
| Unemployment | 6.1% ▲ 25% above avg |
| No HS Diploma | 35 (0.6%) |
| HS Graduate | 2,131 (36.4%) |
| Some College | 896 (15.3%) |
| Associates | 783 (13.4%) |
| Bachelors | 486 (8.3%) |
| Graduate Degree | 1,527 (26.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $62,705 ▼ 18% below avg |
|---|---|
| Median Home Value | $119,800 ▼ 57% below avg |
| Home/Income Ratio | 1.9x (nat avg ~3.5x) |
| Median Rent | $655/mo |
| Total Housing Units | 4,095 |
| Vacant Units | 357 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Litchfield is a city in Illinois, located in Montgomery County. The city spans 1 ZIP code and is home to approximately 8,591 residents. It is a middle-aged city, with a median age of 42.8 years.
Economically, Litchfield is a solidly middle-class community. The median household income of $62,705 is below the national average. Approximately 13.7% of residents live below the poverty line. The unemployment rate is 6.1%, above the national average.
The real estate market in Litchfield is one of the more affordable housing markets in the country. Median home values stand at $119,800, which is well below the national average. Renters typically pay around $655 per month. Homeownership is high at 72.6%, typical of suburban and family-oriented communities.
The population of Litchfield is moderately educated. 34.4% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (98.95%).
Litchfield, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62056 | 8,591 | $62,705 | $119,800 | $655 | 6.1% | 34.4% | 72.6% |