Median Income
$66,875
household / year
Median Home Value
$97,500
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
N/A
national avg = 100

Is Lima, IL a Good Place to Live?

Lima is a small town of 180 in Illinois, with a median household income of $66,875 and a 9.9% unemployment rate.

Strengths: Lima stands out for below-average home prices.

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

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

Cost of Living

Cost of living data is based on the Bureau of Economic Analysis Regional Price Parities for the Lima metro area.

Metric Lima, IL National Avg
Median Home Value $97,500 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 76.8% 65.9%
Median Household Income $66,875 $74,755

Crime & Safety

Crime data for Lima 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 Lima, 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 5.0% 35.4%
High School Diploma or Higher 90.0% 91.1%

Weather & Climate

Lima sees average highs of 33.5°F in January and 84.8°F in July, with 39.4 inches of annual precipitation and 23.1 inches of snow per year.

MetricLima, IL
Average High — January33.5°F
Average High — July84.8°F
Annual Precipitation39.4"
Annual Snowfall23.1"

Demographics

MetricLima, ILNational Avg
Population180—
Median Age38.338.9
Unemployment Rate9.9%3.7%
Avg Commute Time28.3 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 1833.3%22.2%
65 and over15.6%16.8%

Nearby Cities

ZIP Codes in Lima

Lima, IL is covered by 1 ZIP code:

Lima vs Other Cities

Frequently Asked Questions

Lima has a median home value of $97,500 and median rent of N/A/month against a median household income of $66,875.
Crime data for Lima 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.
Lima, IL has a population of 180, a median household income of $66,875, and an unemployment rate of 9.9%. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Lima averages 33.5°F in January and 84.8°F in July. Annual rainfall is 39.4 inches with about 23.1 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Lima, IL is covered by 1 ZIP code: 62348.
The population of Lima, Illinois is 180 with a median age of 38.3. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Lima: median home $97,500, median household income $66,875. Whether these are benefits or drawbacks depends on where you're coming from — compare Lima side by side with your current city to see the trade-offs.