Median Income
$97,500
household / year
Median Home Value
$66,700
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
87
national avg = 100

Is Belknap, IL a Good Place to Live?

Belknap is a small town of 138 in Illinois, with a median household income of $97,500 and a 5.6% unemployment rate. Its cost of living index is 87 (US average = 100), which is 13% below the national average.

Strengths: Belknap stands out for an affordable cost of living, below-average home prices.

Trade-offs: Potential downsides include longer commutes, an elevated unemployment rate. Whether Belknap is right for you depends on your priorities — the full breakdown is below.

All Belknap city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 87.2

Belknap's overall cost of living index is 87.2, where 100 represents the US national average. Living in Belknap costs roughly 13% less than the average American city.

Metric Belknap, IL National Avg
Median Home Value $66,700 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 78.3% 65.9%
Median Household Income $97,500 $74,755

Crime & Safety

Crime data for Belknap is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Belknap, IL National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 27.0% 35.4%
High School Diploma or Higher 80.9% 91.1%

Weather & Climate

Belknap sees average highs of 43.1°F in January and 89.0°F in July, with 49.4 inches of annual precipitation and 7.2 inches of snow per year.

MetricBelknap, IL
Average High — January43.1°F
Average High — July89.0°F
Annual Precipitation49.4"
Annual Snowfall7.2"

Demographics

MetricBelknap, ILNational Avg
Population138—
Median Age40.538.9
Unemployment Rate5.6%3.7%
Avg Commute Time33.7 min26 min
White (non-Hispanic)97.8%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1823.2%22.2%
65 and over11.6%16.8%

Nearby Cities

Karnak, IL 3 mi Cypress, IL 5 mi New Grand Chain, IL 6 mi Vienna, IL 7 mi Joppa, IL 9 mi

ZIP Codes in Belknap

Belknap, IL is covered by 1 ZIP code:

62908

Belknap vs Other Cities

Belknap, IL vs Karnak, IL Belknap, IL vs Cypress, IL Belknap, IL vs New Grand Chain, IL Belknap, IL vs Vienna, IL Belknap, IL vs Joppa, IL

Frequently Asked Questions

Belknap's cost of living index is 87, where 100 is the national average. That makes Belknap roughly 13% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $66,700 and median rent is N/A/month.
Crime data for Belknap is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Belknap, IL has a population of 138, a median household income of $97,500, and an unemployment rate of 5.6%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Belknap averages 43.1°F in January and 89.0°F in July. Annual rainfall is 49.4 inches with about 7.2 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Belknap, IL is covered by 1 ZIP code: 62908.
The population of Belknap, Illinois is 138 with a median age of 40.5. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Belknap: cost of living index 87 (100 = US average), median home $66,700, median household income $97,500. Whether these are benefits or drawbacks depends on where you're coming from — compare Belknap side by side with your current city to see the trade-offs.