Median Income
$57,262
household / year
Median Home Value
$106,600
owner-occupied
Median Rent
$881
gross / month
Cost of Living
89
national avg = 100

Is Lacon, IL a Good Place to Live?

Lacon is a small town of 1,753 in Illinois, with a median household income of $57,262 and a 8.2% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

Strengths: Lacon stands out for an affordable cost of living, below-average home prices, lower-than-average crime.

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

All Lacon 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: 88.6

Lacon's overall cost of living index is 88.6, where 100 represents the US national average. Living in Lacon costs roughly 11% less than the average American city.

Metric Lacon, IL National Avg
Median Home Value $106,600 $244,900
Median Monthly Rent $881 $1,163
Homeownership Rate 72.9% 65.9%
Median Household Income $57,262 $74,755

Crime & Safety

Very Safe

Lacon's violent crime rate is 269.3 per 100,000 residents — 29% lower than the national average of ~380 per 100,000.

Violent Crime
269.3 /100k
Property Crime
53.9 /100k

Vertical marker = national average. Source: FBI UCR Program.

Schools & Education

Lacon is served primarily by Midland CUSD 7.

Metric Lacon, IL National Avg
School District Midland CUSD 7 —
Elementary Schools 1 —
Middle Schools 1 —
High Schools 1 —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 12.6% 35.4%
High School Diploma or Higher 94.2% 91.1%

Weather & Climate

Lacon sees average highs of 33.8°F in January and 87.0°F in July, with 38.4 inches of annual precipitation and 24.6 inches of snow per year.

MetricLacon, IL
Average High — January33.8°F
Average High — July87.0°F
Annual Precipitation38.4"
Annual Snowfall24.6"

Demographics

MetricLacon, ILNational Avg
Population1,753—
Median Age45.338.9
Unemployment Rate8.2%3.7%
Avg Commute Time37.2 min26 min
White (non-Hispanic)97.5%59.3%
Black or African American0.3%13.6%
Hispanic or Latino1.9%18.9%
Asian0.1%6.3%
Under 1821.7%22.2%
65 and over24.2%16.8%

Nearby Cities

ZIP Codes in Lacon

Lacon, IL is covered by 1 ZIP code:

Lacon vs Other Cities

Frequently Asked Questions

Lacon's cost of living index is 89, where 100 is the national average. That makes Lacon roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $106,600 and median rent is $881/month.
Lacon's violent crime rate is 269.3 per 100,000 residents — the national average is ~380 per 100,000. Property crime is 53.9 per 100,000 (national avg ~2,100). Data from the FBI Uniform Crime Reporting Program.
Public schools in Lacon are operated by Midland CUSD 7. The district has 1 elementary, 1 middle, and 1 high schools. 12.6% of adults 25+ hold a bachelor's degree or higher.
Lacon, IL has a population of 1,753, a median household income of $57,262, and an unemployment rate of 8.2%. 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.
Lacon averages 33.8°F in January and 87.0°F in July. Annual rainfall is 38.4 inches with about 24.6 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lacon, IL is covered by 1 ZIP code: 61540.
The population of Lacon, Illinois is 1,753 with a median age of 45.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lacon: cost of living index 89 (100 = US average), median home $106,600, median household income $57,262, crime index 44 (100 = US average, lower is safer). Whether these are benefits or drawbacks depends on where you're coming from — compare Lacon side by side with your current city to see the trade-offs.