Everything You Should Know Before Moving to Owaneco, IL
Thinking of moving to Owaneco, IL? With a small-town population of 229, Owaneco offers affordable living, with median home prices around $108,000 and average rent at $720. Residents enjoy low crime rates, an average commute of 23 minutes, and easy access to nearby healthcare and education options. The village boasts a friendly, close-knit atmosphere, abundant sunny days, and a relaxed Midwestern lifestyle—perfect for those seeking peace and affordability.
Demographics - Owaneco, IL
Demographics - Owaneco, IL
Owaneco is a close-knit village with a population of 229 and a median age of 41, reflecting a mature and stable community. The area is predominantly White and English-speaking, with a nearly even gender balance and a high population density for a small town.
Population:
229
Density:
740 per sq mi
Median Age:
41.2
Gender Ratio:
98 males per 100 females
Non-English Speakers Percentage:
2.1%
Ethnic Composition
White:
97.0%
Black:
0.0%
Asian:
0.0%
Others:
3.0%
Cost Of Living
What is the average cost of living in Owaneco, IL?
Living in Owaneco is highly affordable, with a median home value of $108,000 and monthly rents averaging $720. The overall cost of living index is well below the national average, making it an attractive option for budget-conscious families and retirees.
Median House Value:
$108,000
Gross Rent:
$720
Monthly Electricity Charges:
$120
Auto Insurance:
$1,130
House Owner Cost With Mortgage:
$940
House Owner Cost Without Mortgage:
$420
State Taxes:
Low:
4.95%
|
High:
4.95%
Cost Of Living Index:
83.0
Grocery:
93.2
Housing:
62.5
Utilities:
101.3
Transportation:
94.1
Health Care:
97.7
Miscellaneous:
89.4
Crime
Is Owaneco, IL a safe place to live?
Owaneco experiences a low crime rate, with violent crime chances at just 1 in 800 and property crime at 1 in 140. Residents can enjoy a sense of safety and security in this peaceful rural community.
Violent Crimes Per 100k:
125
Property Crimes Per 100k:
720
Crime Index:
845
Chance Of Violent Crime:
1 in 800
Chance Of Property Crime:
1 in 140
Weather
What is the weather like in Owaneco, IL year-round?
Owaneco experiences four distinct seasons, with warm summers reaching up to 87°F and cold winters dipping to 17°F. The area enjoys about 58% sunny days and an average annual rainfall of 38.5 inches, offering a classic Midwestern climate.
Winter
Min:
17°F
Max:
36°F
Spring
Min:
40°F
Max:
66°F
Summer
Min:
63°F
Max:
87°F
Fall
Min:
41°F
Max:
68°F
Average Rainfall Inches:
38.5 inches
Sunny Days Percentage:
58%
Neighbors
Owaneco residents benefit from a median household income of $62,500 and a poverty rate under 8%, reflecting modest but stable local prosperity. Nearly 92% of adults have at least a high school diploma, and the average commute is a manageable 23 minutes.
Median Income:
$36,000
Household Income:
$62,500
Family Income:
$70,000
Per Capita Income:
$30,400
Income Male:
$39,000
Income Female:
$29,000
Poverty Rate:
7.4%
Non English Speakers:
2.1%
Rent:
$720
Unemployment Rate:
4.8%
Public Transport Usage:
0.0%
Commute Time:
23.1 minutes
Education
High School or Higher:
91.8%
Bachelors or More:
15.3%
Education
How are the schools in Owaneco, IL?
Local students attend Central A & M High School, which offers small class sizes and a supportive learning environment, while higher education is accessible through Lincoln Land Community College just 31 miles away in Springfield.
Public Schools
Name:
Central A & M High School
Street:
229 E Pine St, Moweaqua, IL 62550
Phone:
217-768-3866
Students:
238
Student Teacher Ratio:
13.2
Colleges
Name:
Lincoln Land Community College
City:
Springfield
State:
IL
Distance:
31 miles
Students:
7,800
Healthcare
Residents have convenient access to general and emergency care at Taylorville Memorial Hospital, with nearly 94% of people covered by health insurance. The area maintains a favorable healthcare index and offers above-average physician availability for a rural setting.
Major Hospitals
Name:
Taylorville Memorial Hospital
Address:
201 E Pleasant St, Taylorville, IL 62568
Phone:
(217) 824-3331
Type:
General & Surgical
Emergency Services:
Yes
Physicians Per 1000:
1.9
Health Insurance Coverage:
93.8%
Health Care Index:
77.1
Housing Market
What is the housing market like in Owaneco, IL?
The housing market in Owaneco is stable and affordable, with a median home price of $108,000 and high owner-occupancy at 85%. Home values have appreciated modestly in the past year, and rental options are available with a vacancy rate of just over 8%.
Median Home Price:
$108,000
Average Rent For 2 Bedroom:
$720
Owner Occupied Rate:
84.6%
Rental Vacancy Rate:
8.2%
Home Appreciation Rate (1yr):
3.1%
New Construction Rate:
0.4%
Foreclosure Rate:
0.6%
DMV Information
Owaneco residents are served by the Illinois Secretary of State for all DMV services, with the main office located in Springfield and comprehensive resources available online and by phone.
State:
Illinois
Department:
Illinois Secretary of State
Address:
501 S. Second St., Springfield, IL 62756
Phone:
1-800-252-8980
Website:
Disclaimer: The information provided on this page is based on publicly available sources including AccuWeather, U.S. Census Bureau, local government data, and third-party partners such as Neustar. While we strive to ensure accuracy, all data is provided “as is” and should be independently verified before making any decisions. Movers.com makes no guarantees regarding the completeness or reliability of the information.