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Mahomet Apartment Features
Apartments Near Mahomet
Living In Mahomet, IL
Mahomet, a small town in Illinois, has a population of approximately 8,000. The town's residents, with an average age of just over 37, skew younger than most cities in Illinois. Renters tend to be in the minority in Mahomet, and 78% of residents own their homes. With an average rent of $1,155/month, exceeding the state average by $103 a month, relatively high rent costs may be a contributing factor in the higher levels of ownership.
Workers are spread across a plethora of industries in Mahomet, the most common four of which are retail, education, healthcare, and manufacturing. Combined, these industries account for 33% of the town's labor force. Meanwhile, looking at job function, many of the town's workers are in sales, making it the top profession in the town. Mahomet workers earn an average annual income of nearly $98,000, around $20,000 more than the state average. The town's average income also compares favorably to the national average of $73,345. Mahomet has a high percentage of residents older than 25 who have advanced degrees compared to the national average (7%), as 12% possess a Master's degree or a Doctoral degree. Furthermore, 17% possess a Bachelor's degree, which also outpaces the national average.
With an average commute time of about 23 minutes, shorter than most cities in the state, Mahomet residents have found that getting to work isn't overly time-consuming. Driving is the prevailing mode of getting to work, opted for by 50% of commuters, while public transit is not used much. Not many residents walk to work.
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