Arcola is located close to the center of Illinois. Arcola is between the Douglas, Coles county. Arcola has 2.00 square miles of land area and 0.02 square miles of water area. As of 2010-2014, the total Arcola population is 3,017, which has grown 13.76% since 2000. The population growth rate is much higher than the state average rate of 3.62% and is higher than the national average rate of 11.61%. Arcola median household income is $50,335 in 2010-2014 and has grown by 32.03% since 2000. The income growth rate is higher than the state average rate of 22.70% and is higher than the national average rate of 27.36%. Arcola median house value is $83,900 in 2010-2014 and has grown by 20.72% since 2000. The house value growth rate is much lower than the state average rate of 34.33% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Arcola is worse than the state average in quality. The Arcola area code is 217.