Eldorado
Eldorado city, Illinois
Eldorado, Illinois, offers a refreshing escape from the hustle of city life, where the cost of living feels like a step back in time. Imagine owning a home for a median value of just $55,400, a stark contrast to the national median of around $350,000. This affordability is a cornerstone of Eldorado's charm, allowing residents to enjoy a comfortable lifestyle without the crushing weight of high housing costs. While the median household income of $35,799 is significantly lower than the national average, the lower cost of living provides a more favorable quality of life for those seeking a tranquil and budget-friendly place to call home.
From an investment perspective, Eldorado presents a unique opportunity for those seeking an entry-level market. While specific unemployment figures aren't readily available, the town offers a stable environment for families and individuals. The remarkably low home values suggest a market ripe for appreciation. Eldorado is ideally suited for first-time homebuyers, retirees looking for affordability, and anyone seeking a slower pace of life. Here, you'll find a community where neighbors know each other, and the focus is on simple pleasures and a close-knit atmosphere.
Eldorado, Illinois at a Glance
Eldorado is a city in Eldorado city, Illinois with a population of approximately 3,797. The median home value is $55,400 and the median household income is $35,799.. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average.. Median rent is $630 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$55,400
Median Income
$35,799
Population
3,797
Walk Score
N/A
Air Quality
N/A
Climate Risk
N/A
Excellent
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- Population
- 3,797
- Median Age
- N/A
- Median Household Income
- $35,799
52% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 27.2%
119% above nat'l avg
- Median Home Value
- $55,400
80% below nat'l avg
- Median Rent
- $630
46% below nat'l avg
- Homeownership Rate
- 68.8%
4% above nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 1.2 per 1K
67% below nat'l avg
- Property Crime Rate
- 3.7 per 1K
81% below nat'l avg
- AQI
- N/A
- Category
- N/A
- Overall Risk
- N/A
- Risk Score
- N/A
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- N/A
- Est. Monthly Electric
- N/A
- Unemployment Rate
- 1.3%
65% below nat'l avg
- Poverty Rate
- 27.2%
119% above nat'l avg
Weather & Climate in Eldorado
Avg High
63°F
Avg Low
45°F
Annual Rainfall
37.7"
Avg Humidity
69%
Political Landscape
→ Politically stable
Based on McLean County county-level presidential election data
Culture & Things to Do in Eldorado
Eldorado Homecoming
Annual community celebration with a parade, food, and entertainment.
Saline County Fair
A county fair featuring agricultural exhibits, carnival rides, and live music.
Eldorado Christmas Parade
A festive parade through downtown Eldorado celebrating the holiday season.
Shawnee National Forest Events
Various events occur throughout the year, including guided hikes and educational programs.