Mahomet is a somewhat small village located in the state of Illinois. With a population of 10,070 people and two associated neighborhoods, Mahomet is the 232nd largest community in Illinois. Much of the housing stock in Mahomet was built relatively recently. The construction of new real estate can often be taken as an indication that the local Mahomet economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Mahomet, where the median household income is $114,083.00.

Mahomet real estate is some of the most expensive in Illinois, although Mahomet house values don't compare to the most expensive real estate in the U.S.

Also of interest is that Mahomet has more people living here who work in computers and math than 95% of the places in the US.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.34% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

Because of many things, Mahomet is a great place for families with children to consider. First of all, many other families with children live here, making Mahomet a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Mahomet has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Mahomet’s overall crime rate is lower than average for the country.

Being a small village, Mahomet does not have a public transit system used by locals to get to and from work.

Do you like to read, write and learn? If you move to Mahomet, you'll likely find that many of your neighbors like to as well. Mahomet is one of the more educated communities in America, with a full 52.26% of its adults having a college degree or even advanced degree, compared to a national average across all communities of 21.84%.

The per capita income in Mahomet in 2022 was $47,023, which is wealthy relative to Illinois and the nation. This equates to an annual income of $188,092 for a family of four.

The people who call Mahomet home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Mahomet residents report their race to be White, followed by Asian. Important ancestries of people in Mahomet include German, Irish, English, Italian, and European.

The most common language spoken in Mahomet is English. Other important languages spoken here include Italian and Spanish.