Mahomet is a medium-sized village located in the state of Illinois. With a population of 10,273 people and two associated neighborhoods, Mahomet is the 232nd largest community in Illinois. Mahomet has seen a significant amount of newer housing growth in recent years. Quite often, new home construction is the result of new residents moving in who are middle class or wealthier, attracted by jobs, a healthy local economy, or other amenities as they leave nearby or far away areas for greener pastures. This seems to be the case in Mahomet, where the median household income is $114,904.00. 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.Mahomet is a decidedly white-collar village, with fully 87.39% of the workforce employed in white-collar jobs, well above the national average. Overall, Mahomet is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Mahomet who work in management occupations (12.68%), office and administrative support (12.28%), and teaching (12.19%). 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: 14.37% 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. Mahomet is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Mahomet’s overall crime rate is lower than average for the country. As is often the case in a small village, Mahomet doesn't have a public transportation system that people use for their commute.If knowledge is power, Mahomet is a pretty powerful place. 52.79% of the adults in Mahomet have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns. The per capita income in Mahomet in 2022 was $46,300, which is wealthy relative to Illinois, and upper middle income relative to the rest of the US. This equates to an annual income of $185,200 for a family of four. However, Mahomet contains both very wealthy and poor people as well. Mahomet is a somewhat ethnically-diverse village. 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, English, Irish, Italian, and European. The most common language spoken in Mahomet is English. Other important languages spoken here include Spanish and Italian.