Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.4 yrs |
|---|---|
| Avg HH Size | 2.92 |
| Below Poverty | 4.2% ▼ 59% below avg |
| College Grads | 63.5% ▲ 64% above avg |
| Unemployment | 3.7% ▼ 24% below avg |
| No HS Diploma | 36 (0.4%) |
| HS Graduate | 1,503 (17.9%) |
| Some College | 697 (8.3%) |
| Associates | 823 (9.8%) |
| Bachelors | 1,068 (12.7%) |
| Graduate Degree | 4,256 (50.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $114,974 ▲ 51% above avg |
|---|---|
| Median Home Value | $281,500 ≈ Avg |
| Home/Income Ratio | 2.4x (nat avg ~3.5x) |
| Median Rent | $1,226/mo |
| Total Housing Units | 5,338 |
| Vacant Units | 330 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mahomet is a city in Illinois, located in Champaign County. The city spans 1 ZIP code and is home to approximately 14,645 residents. It is a middle-aged city, with a median age of 38.4 years.
Economically, Mahomet is a upper-middle-income community. The median household income of $114,974 is significantly above the national average. Approximately 4.2% of residents live below the poverty line. The unemployment rate is 3.7%, below the national average.
The real estate market in Mahomet is a mid-range housing market. Median home values stand at $281,500, which is near the national average. Renters typically pay around $1,226 per month. Homeownership is high at 83.8%, typical of suburban and family-oriented communities.
The population of Mahomet is highly educated. 63.5% of adults hold a bachelor's degree or higher — significantly above the national average. The community is primarily White (89.28%).
Mahomet, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61853 | 14,645 | $114,974 | $281,500 | $1,226 | 3.7% | 63.5% | 83.8% |