Median Income
$70,556
household / year
Median Home Value
$131,300
owner-occupied
Median Rent
$779
gross / month
Cost of Living
89
national avg = 100

Is Matherville, IL a Good Place to Live?

Matherville is a small town of 794 in Illinois, with a median household income of $70,556 and a 5.9% unemployment rate. Its cost of living index is 89 (US average = 100), which is 11% below the national average.

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

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

All Matherville 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: 89.3

Matherville's overall cost of living index is 89.3, where 100 represents the US national average. Living in Matherville costs roughly 11% less than the average American city.

Metric Matherville, IL National Avg
Median Home Value $131,300 $244,900
Median Monthly Rent $779 $1,163
Homeownership Rate 74.1% 65.9%
Median Household Income $70,556 $74,755

Crime & Safety

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

Schools & Education

Matherville is served primarily by Sherrard CUSD 200. The student-to-teacher ratio is 13.9:1 (better than the national average of ~16:1).

Metric Matherville, IL National Avg
School District Sherrard CUSD 200
Elementary Schools 2
Middle Schools 2
High Schools 1
Student/Teacher Ratio 13.9:1 16:1
Bachelor's Degree or Higher 17.1% 35.4%
High School Diploma or Higher 83.9% 91.1%

Weather & Climate

Matherville sees average highs of 31.0°F in January and 84.7°F in July, with 39.1 inches of annual precipitation and 21.8 inches of snow per year.

MetricMatherville, IL
Average High — January31.0°F
Average High — July84.7°F
Annual Precipitation39.1"
Annual Snowfall21.8"

Demographics

MetricMatherville, ILNational Avg
Population794
Median Age34.438.9
Unemployment Rate5.9%3.7%
Avg Commute Time27.3 min26 min
White (non-Hispanic)96.1%59.3%
Black or African American0.6%13.6%
Hispanic or Latino1.9%18.9%
Asian0.0%6.3%
Under 1832.6%22.2%
65 and over16.0%16.8%

Nearby Cities

ZIP Codes in Matherville

Matherville, IL is covered by 1 ZIP code:

Matherville vs Other Cities

Frequently Asked Questions

Matherville's cost of living index is 89, where 100 is the national average. That makes Matherville roughly 11% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $131,300 and median rent is $779/month.
Crime data for Matherville is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
Public schools in Matherville are operated by Sherrard CUSD 200. The district has 2 elementary, 2 middle, and 1 high schools. The student-to-teacher ratio is 13.9:1. 17.1% of adults 25+ hold a bachelor's degree or higher.
Matherville, IL has a population of 794, a median household income of $70,556, and an unemployment rate of 5.9%. 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.
Matherville averages 31.0°F in January and 84.7°F in July. Annual rainfall is 39.1 inches with about 21.8 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Matherville, IL is covered by 1 ZIP code: 61263.
The population of Matherville, Illinois is 794 with a median age of 34.4. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Matherville: cost of living index 89 (100 = US average), median home $131,300, median household income $70,556, schools rated C+. Whether these are benefits or drawbacks depends on where you're coming from — compare Matherville side by side with your current city to see the trade-offs.