Tallula is located close to the center of Illinois. Tallula is part of Menard County. Tallula has 0.53 square miles of land area and has no water area. As of 2010-2014, the total Tallula population is 477, which has shrunk 25.24% since 2000. The population growth rate is much lower than the state average rate of 3.62% and is much lower than the national average rate of 11.61%. Tallula median household income is $54,000 in 2010-2014 and has grown by 41.11% since 2000. The income growth rate is much higher than the state average rate of 22.70% and is much higher than the national average rate of 27.36%. Tallula median house value is $73,600 in 2010-2014 and has grown by 38.61% since 2000. The house value growth rate is higher than the state average rate of 34.33% and is 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 Tallula is better than the state average in quality. The Tallula area code is 217.