Lebanon is a very small city located in the state of Illinois. With a population of 4,571 people and two associated neighborhoods, Lebanon is the 358th largest community in Illinois. Much of the housing stock in Lebanon was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lebanon economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Lebanon, where the median household income is $84,766.00.

Lebanon is home to a number of people employed in the armed forces. When you visit or walk around Lebanon, some of the people you will bump into will be military people In and out of uniform, jogging, shopping and generally out and about town.

Telecommuters are a relatively large percentage of the workforce: 24.21% of people work from home. While this number may seem small overall, as a fraction of the total workforce it is high relative to the nation. 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.

Lebanon is a small town where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Lebanon area, with all of the energy of the students filling area dorms and apartments each fall, really helps Lebanon maintain a good economy.

Lebanon is one of the most well-educated cities in the nation. 40.01% of adults in Lebanon have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.

The per capita income in Lebanon in 2022 was $39,189, which is upper middle income relative to Illinois and the nation. This equates to an annual income of $156,756 for a family of four. However, Lebanon contains both very wealthy and poor people as well.

Lebanon is a very ethnically-diverse city. The people who call Lebanon home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lebanon residents report their race to be White, followed by Black or African-American. Important ancestries of people in Lebanon include German, English, Irish, Italian, and Scots-Irish.

The most common language spoken in Lebanon is English. Other important languages spoken here include German/Yiddish and Spanish.