Sheffield, IL Profile: Facts & Data

Sheffield, Illinois - Basic Facts

The Village of Sheffield had a population of 801 as of July 1, 2024.

The primary coordinate point for Sheffield is located at latitude 41.3584 and longitude -89.7373 in Bureau County. The formal boundaries for the Village of Sheffield encompass a land area of 0.71 sq. miles and a water area of 0 sq. miles. Bureau County is in the Central time zone (GMT -6).

The Village of Sheffield 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.

The Village of Sheffield is located within Township of Concord, a minor civil division (MCD) of Bureau County.

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Sheffield, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	801 (100%)
Population in Households	801 (100.0%)
Population in Families	560 (69.9%)
Population in Group Quarters¹	0
Population Density	688
Diversity Index²	16


INCOME
Median Household Income	$65,314
Average Household Income	$77,241
% of Income for Mortgage⁴	10%
Per Capita Income	$34,715
Wealth Index⁵	57
Socioeconomic Status Index⁶	Moderate (54.4)

HOUSING
Total HU (Housing Units)	408 (100%)
Owner Occupied HU	274 (67.2%)
Renter Occupied HU	86 (21.1%)
Vacant Housing Units	48 (11.8%)
Median Home Value	$104,375
Average Home Value	$128,376
Housing Affordability Index³	218

HOUSEHOLDS
Total Households	360
Average Household Size	2.23
Family Households	215
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

408 (100%)

Owner Occupied HU

274 (67.2%)

Renter Occupied HU

86 (21.1%)

Vacant Housing Units

48 (11.8%)

Median Home Value

$104,375

Average Home Value

$128,376

Housing Affordability Index³

218

HOUSEHOLDS

Total Households

360

Average Household Size

2.23

Family Households

215

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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.58%	-0.48%
Households	-0.64%	-0.11%
Families		-0.37%
Median Household Income		2.92%
Per Capita Income		2.78%
Owner Occupied HU		0.15%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.58%

-0.48%

Households

-0.64%

-0.11%

Families

-0.37%

Median Household Income

2.92%

Per Capita Income

2.78%

Owner Occupied HU

0.15%

Sheffield, IL - Peer Comparisons by Rank and Percentile

The table below compares Sheffield to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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.

Variable Description	Rank	Percentile
Total Population	# 750	49th
Population Density	# 922	37th
Median Household Income	# 893	39th
Housing Affordability Index	# 1324	91st
Per Capita Income	# 966	34th
Diversity Index	# 1002	32nd

Variable Description

Rank

Percentile

Total Population

# 750

49th

Population Density

# 922

37th

Median Household Income

# 893

39th

Housing Affordability Index

# 1324

91st

Per Capita Income

# 966

34th

Diversity Index

# 1002

32nd

Illinois Census Data Comparison Tool

Sheffield, IL Profile: Facts & Data

Sheffield, Illinois - Basic Facts

Sheffield, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Sheffield, IL - Peer Comparisons by Rank and Percentile

Sheffield, IL - Most Popular Things to Do

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