Freeport is a city in Illinois state in USA with a population of 23930 residents.. The poverty rate of Freeport is 21.1%, which is 51% higher than national average. The typical household in Freeport earns $39787 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.9% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Freeport, only 91% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Freeport remained 9.6%, which is 104% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Freeport, only 19% of adults have a bachelor's degree and 38% have some college but no degree.

Cost of living in Freeport is 84, which is 16% lower than national average. Median home value in Freeport is $67500 , which is 71% lower than national average. While median income in Freeport remained $39787, which is 41% lower than national average.