Marengo
Marengo city, Illinois
Marengo, Illinois, a charming town of just under 7,500 residents, offers a refreshing alternative to the hustle and bustle of city life, especially for those seeking affordability. The median home value here hovers around $188,500, significantly below the national average, making it an attractive destination for first-time homebuyers or those looking to downsize. With a median household income of approximately $71,200, nearly matching the national average, residents of Marengo enjoy a comfortable lifestyle without the burden of exorbitant housing costs. The town exudes a friendly, small-town atmosphere, perfect for raising a family or enjoying a slower pace of life.
From an investment perspective, Marengo presents a compelling case. The housing market is stable, with properties offering excellent value for money. While specific employment data isn't available, the town's proximity to larger employment centers provides residents with ample job opportunities. Marengo is known for its safety, making it ideal for families and individuals prioritizing peace of mind. This is a place for those who appreciate community, value affordability, and desire a tranquil environment. It's a sweet spot for those seeking a balanced lifestyle without sacrificing financial stability or access to modern conveniences.
Marengo, Illinois at a Glance
Marengo is a city in Marengo city, Illinois with a population of approximately 7,471. The median home value is $188,500 and the median household income is $71,196. It has a Walk Score of 0 out of 100, indicating car dependency. The violent crime rate is 1.2 per 1,000 residents, which is 67% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $992 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$188,500
Median Income
$71,196
Population
7,471
Walk Score
0
Air Quality
AQI 43
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 7,471
- Median Age
- N/A
- Median Household Income
- $71,196
5% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 15.7%
27% above nat'l avg
- Median Home Value
- $188,500
33% below nat'l avg
- Median Rent
- $992
15% below nat'l avg
- Homeownership Rate
- 63.2%
4% below 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
- 43
Near nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 73.10
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 15.0¢/kWh
10% below nat'l avg
- Est. Monthly Electric
- $135
Near nat'l avg
- Unemployment Rate
- 7.1%
92% above nat'l avg
- Poverty Rate
- 15.7%
27% above nat'l avg
Weather & Climate in Marengo
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 Marengo
Marengo Settlers Days
Annual festival with carnival rides, food vendors, and live entertainment.
Marengo Farmers Market
Weekly market offering fresh produce, baked goods, and local crafts.
Marengo Christmas Parade
Annual holiday parade with floats, music, and Santa Claus.
Marengo Cruise Night
Classic car show and cruise through downtown Marengo.
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