Nebo, IL

Full City Profile · Illinois · Pike County County

3.0 /5.0
B Good
324 Population 753/sq mi density
$45,000 Median Income $19,621 per capita
$42,500 Home Value $148,270 Zillow
$1,025 Median Rent 12.9% income on rent
54°F Avg Temperature
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$45,000 median income, 4.1% unemployment
A+
Affordability
5.0 / 5.0
$42,500 home value, $1,025/mo rent
F
Education
1.1 / 5.0
1.3% bachelor's degree or higher

Housing Overview

Median Home Value
$42,500
85% below
US avg: $281,900
Median Rent
$1,025/mo
12% below
US avg: $1,163/mo
Homeownership Rate
90.8%
39% above US avg (65.4%)
Total Housing Units
154
Median year built: 1956

Home Value by Source

Census Median
$42,500
Zillow (ZHVI)
$148,270
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

90.8%
Owner-Occupied
9.2%
Renter-Occupied
91%
9%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,025/mo

Affordability & Housing Stock

Rent Burden
12.9%
of renters spending 30%+ of income on housing
58% below US avg (31.0%)
Median Year Built
1956
Average age of housing stock: 70 years
Homeownership Rate
90.8%

Complete Housing Data

Home Values

Census Median Value$42,500
Zillow Home Value (ZHVI)$148,270

Rent

Census Median Rent$1,025
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied90.8%
Renter-Occupied9.2%
Homeownership Rate90.8%
Total Housing Units154
Median Year Built1956
Rent Burden12.9%