The median home value in Tolono, IL 61880 is $181,600. This is higher than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Tolono, IL 61880 is $181,600. Approximately 75.27% of Tolono, IL 61880 homes are owned, compared to 22.02% rented, while 2.71% are vacant. Tolono, IL 61880 real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you're interested in, contact a Tolono, IL 61880 real estate agent to arrange a tour today!
Learn More About Tolono, IL 61880 Real Estate
Tolono, IL 61880 has a population of approximately 3,603 and experiences a population change rate of 4.10%. The population density is 59.5 / sq mi.
The median household income for Tolono, IL 61880 is $95,395, with 1,688 households and an average household size of 2.63.
The cost of living index in Tolono, IL 61880 is 89%.
The median value of a home in Tolono, IL 61880 is $181,600 with an appreciation rate of 14.5%. 75.3% of housing in the zip code is owned while 22.0% is rented.
The unemployment rate in Tolono, IL 61880 is 3.60%, and recent job growth is at 2.16%. Future job growth is projected at 39.88%.
The sales tax rate in Tolono, IL 61880 is 9.00%, while the income tax rate is 4.95%.
School expenditures in Tolono, IL 61880 are $20,461, and the school ratio is 13.4:1.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.6 inches per year, with 20.4 inches of snow per year.
| Metric | City | County |
|---|---|---|
| High School Graduates | 99.1 | 94.77 |
| College Degree - 2 year | 7.69 | 8.56 |
| College Degree - 4 year | 29.02 | 45.48 |
| Graduate Degree | 8.5 | 15.4 |
| Expenditures per Student | $20,461 | $20,461 |
| Students per Teacher | 13.40 | 13.40 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Bottenfield Elementary School | KG - 05 | 469 | 14.9 | 61820 |
| Dr Howard Elementary School | KG - 05 | 418 | 13.3 | 61821 |
| Garden Hills Elementary School | KG - 05 | 542 | 12.7 | 61821 |
| LEAL Elementary School | KG - 05 | 399 | 13 | 61801 |
| Robeson Elementary School | KG - 05 | 409 | 14.1 | 61821 |
| Stratton Elementary School | KG - 05 | 472 | 11.6 | 61820 |
| Unity West | PK - 05 | 471 | 12.7 | 61880 |
| Washington Elementary School | KG - 05 | 365 | 14.2 | 61820 |
| Westview Elementary School | KG - 05 | 423 | 13.7 | 61821 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Edison Middle School | 06 - 08 | 702 | 14 | 61820 |
| Franklin Middle School | 06 - 08 | 660 | 12.3 | 61820 |
| Jefferson Middle School | 06 - 08 | 711 | 12.2 | 61821 |
| Unity Junior High School | 06 - 08 | 415 | 16.6 | 61880 |
| Urbana Middle School | 06 - 08 | 935 | 11.6 | 61801 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| Centennial High School | 09 - 12 | 1440 | 14.2 | 61821 |
| Central High School | 09 - 12 | 1185 | 12.3 | 61820 |
| Novak Academy | 09 - 12 | 47 | 11.8 | 61820 |
| Unity High School | 09 - 12 | 499 | 14.7 | 61880 |
| Urbana High School | 09 - 12 | 1029 | 12.1 | 61801 |
| School | Grades | Students | P/T Ratio | ZIP |
|---|---|---|---|---|
| * University of Illinois High School | 08 - 12 | 317 | null | 61801 |
| Actions Program | KG - 12 | 0 | 0 | 61820 |
| R E A D Y Program | 06 - 12 | 89 | 6.6 | 61820 |