Vermont, IL Profile: Facts & Data

The Village of Vermont had a population of 549 as of July 1, 2023. Vermont ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Vermont is located at latitude 40.2942 and longitude -90.4279 in Fulton County. The formal boundaries for the Village of Vermont encompass a land area of 1.26 sq. miles and a water area of 0 sq. miles. Fulton County is in the Central time zone (GMT -6).

The Village of Vermont has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Vermont, IL Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	549 (100%)
Population in Households	549 (100.0%)
Population in Families	429 (78.1%)
Population in Group Quarters¹	0
Population Density	436
Diversity Index²	11


INCOME
Median Household Income	$53,577
Average Household Income	$63,510
% of Income for Mortgage⁴	6%
Per Capita Income	$28,921
Wealth Index⁵	50
Socioeconomic Status Index⁶	Moderate (58.8)

HOUSING
Total HU (Housing Units)	287 (100%)
Owner Occupied HU	231 (80.5%)
Renter Occupied HU	19 ( 6.6%)
Vacant Housing Units	37 (12.9%)
Median Home Value	$55,460
Average Home Value	$81,169
Housing Affordability Index³	328

HOUSEHOLDS
Total Households	250
Average Household Size	2.20
Family Households	151
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Vermont, IL - Peer Comparisons by Rank and Percentile

The table below compares Vermont to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2023	2023-2028
Population	-1.15%	-0.97%
Households	-0.61%	-0.48%
Families		-0.54%
Median Household Income		1.46%
Per Capita Income		3.12%
Owner Occupied HU		-0.52%

Variable Description	Rank	Percentile
Total Population	# 877	40th
Population Density	# 1122	23rd
Median Household Income	# 1139	22nd
Housing Affordability Index	# 1453	99th
Per Capita Income	# 1200	18th
Diversity Index	# 1242	15th

Vermont, IL Profile: Facts & Data

Vermont, Illinois - Basic Facts

Vermont, IL Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Vermont, IL - Peer Comparisons by Rank and Percentile

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