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. There's nothing like the smell of a brand new house, and in Mahomet, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Mahomet, and putting down their money on brand new construction. Mahomet’s real estate is, on average, some of the newest in the nation. Mahomet does seem to be experiencing an influx of affluent people, because 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.

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.

Mahomet is a small village, and as such doesn't have a public transit system that people use to get to and from their jobs every day.

If knowledge is power, Mahomet is a pretty powerful place. 52.26% 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 $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.