New Minden, IL
Full City Profile · Illinois · Washington County County
New Minden, IL
At a Glance
How New Minden Compares to the U.S. Average
Each bar shows New Minden's value as a percentage of the national average (100% = U.S. avg)
Is New Minden a Good Place to Live?
Economy & Jobs
New Minden residents earn a median household income of $83,750 , which is 11% above the national average of $75,149. Per capita income is $34,248. The unemployment rate stands at 3.0% (17% below the U.S. rate of 3.6%). 5.7% of residents live below the poverty line. The area is home to 401 business establishments, including 26 restaurants.
Housing & Cost of Living
The median home value in New Minden is $107,100 , 62% below the national median of $281,900. Zillow estimates the typical home at $171,690. Median rent is $775/month, with 21.3% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1941.
Education
14.3% of adults in New Minden hold a bachelor's degree or higher (58% below the national average). 93.5% have completed high school. Local schools score 5.5/10 in standardized testing.
Climate & Weather
New Minden has an average annual temperature of 55°F (13°C). Winters average 30°F in January while summers reach 77°F in July. Annual precipitation totals 42.2 inches.