Mahomet, IL Profile: Facts & Data

Mahomet, Illinois - Basic Facts

The Village of Mahomet had a population of 10,167 as of July 1, 2024.

The primary coordinate point for Mahomet is located at latitude 40.1953 and longitude -88.4042 in Champaign County. The formal boundaries for the Village of Mahomet encompass a land area of 9.02 sq. miles and a water area of 0.07 sq. miles. Champaign County is in the Central time zone (GMT -6).

The Village of Mahomet 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 Mahomet is located within Township of Mahomet, a minor civil division (MCD) of Champaign County.

Jump to... (On This Page!)

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

POPULATION
Total Population	10,167 (100%)
Population in Households	10,143 (99.8%)
Population in Families	9,219 (90.7%)
Population in Group Quarters¹	24 ( 0.2%)
Population Density	1,046
Diversity Index²	26


INCOME
Median Household Income	$116,120
Average Household Income	$146,410
% of Income for Mortgage⁴	16%
Per Capita Income	$52,493
Wealth Index⁵	140
Socioeconomic Status Index⁶	High (70.3)

HOUSING
Total HU (Housing Units)	4,061 (100%)
Owner Occupied HU	2,883 (71.0%)
Renter Occupied HU	762 (18.8%)
Vacant Housing Units	416 (10.2%)
Median Home Value	$293,207
Average Home Value	$349,705
Housing Affordability Index³	132

HOUSEHOLDS
Total Households	3,645
Average Household Size	2.78
Family Households	2,868
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

4,061 (100%)

Owner Occupied HU

2,883 (71.0%)

Renter Occupied HU

762 (18.8%)

Vacant Housing Units

416 (10.2%)

Median Home Value

$293,207

Average Home Value

$349,705

Housing Affordability Index³

132

HOUSEHOLDS

Total Households

3,645

Average Household Size

2.78

Family Households

2,868

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	1.78%	0.84%
Households	2.13%	1.24%
Families		1.21%
Median Household Income		2.79%
Per Capita Income		3.57%
Owner Occupied HU		1.19%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

1.78%

0.84%

Households

2.13%

1.24%

Families

1.21%

Median Household Income

2.79%

Per Capita Income

3.57%

Owner Occupied HU

1.19%

Mahomet, IL - Peer Comparisons by Rank and Percentile

The table below compares Mahomet 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	# 223	85th
Population Density	# 659	55th
Median Household Income	# 109	93rd
Housing Affordability Index	# 693	47th
Per Capita Income	# 200	86th
Diversity Index	# 583	60th

Variable Description

Rank

Percentile

Total Population

# 223

85th

Population Density

# 659

55th

Median Household Income

# 109

93rd

Housing Affordability Index

# 693

47th

Per Capita Income

# 200

86th

Diversity Index

# 583

60th

Illinois Census Data Comparison Tool

Mahomet, IL Profile: Facts & Data

Mahomet, Illinois - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Mahomet, IL - Peer Comparisons by Rank and Percentile

Mahomet, IL - Most Popular Things to Do

Use HTL Address Research for a Illinois Address and get...

Quick & Easy Ways to...

Illinois Census Data Comparison Tool

Champaign County