Mahomet
Mahomet is significantly wealthier than the US average, with a median household income of $118,586. The city has more than doubled in size since 2000, adding 5,172 residents. 54% of adults hold a bachelor's degree or higher, well above the national rate of 36%. Median home value has more than doubled since 2000, reaching $299,100. Poverty is rare here, at 3.8% of residents. It ranks in the top 5% of US cities for household income.
Population & growth
PEP 2025 EST:10,516 residents (Census Bureau Vintage 2025, released March 2026)
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Education
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People & community
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How many people live in Mahomet, Illinois?
Mahomet, Illinois has about 10,049 residents according to the 2024 American Community Survey.
What is the median household income in Mahomet, Illinois?
The typical household in Mahomet, Illinois earns about $118,586 a year. Half of households make more than that, and half make less.
Is Mahomet, Illinois expensive?
In Mahomet, Illinois, the median home is worth about $299,100, and the typical rent is about $1,396 a month.
How educated are people in Mahomet, Illinois?
About 54.2% of adults age 25 and over in Mahomet, Illinois hold a bachelor's degree or higher.
What is the poverty rate in Mahomet, Illinois?
About 3.8% of people in Mahomet, Illinois live below the federal poverty line.
Has Mahomet, Illinois grown since 1990?
Yes, Mahomet, Illinois has grown since 1990. The population has added about 6,944 residents, a change of about 224 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024