Newman, IL
Full City Profile · Illinois · Edgar County County
3.6
/5.0
B+
Good
796
Population
1,305/sq mi density
$73,526
Median Income
$33,836 per capita
$106,700
Home Value
$105,310 Zillow
$768
Median Rent
17.1% income on rent
52°F
Avg Temperature
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$73,526 median income, 2.2% unemployment
A+
Affordability
5.0 / 5.0
$106,700 home value, $768/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C+
Education
2.6 / 5.0
20.4% bachelor's degree or higher
Housing Overview
Median Home Value
$106,700
62% below
US avg: $281,900
Median Rent
$768/mo
34% below
US avg: $1,163/mo
Homeownership Rate
90.6%
39% above US avg (65.4%)
Total Housing Units
457
Median year built: 1961
Home Value by Source
Census Median
$106,700
Zillow (ZHVI)
$105,310
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.6%
Owner-Occupied
9.4%
Renter-Occupied
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:
$768/mo
Affordability & Housing Stock
Rent Burden
17.1%
of renters spending 30%+ of income on housing
45% below US avg (31.0%)
Median Year Built
1961
Average age of housing stock: 65 years
Homeownership Rate
90.6%
Complete Housing Data
Home Values
| Census Median Value | $106,700 |
| Zillow Home Value (ZHVI) | $105,310 |
Rent
| Census Median Rent | $768 |
| 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-Occupied | 90.6% |
| Renter-Occupied | 9.4% |
| Homeownership Rate | 90.6% |
| Total Housing Units | 457 |
| Median Year Built | 1961 |
| Rent Burden | 17.1% |