Gibson City, IL Profile: Facts & Data

Gibson City, Illinois - Basic Facts

The City of Gibson City had a population of 3,449 as of July 1, 2024.

The primary coordinate point for Gibson City is located at latitude 40.4584 and longitude -88.3846 in Ford County. The formal boundaries for the City of Gibson City encompass a land area of 2.33 sq. miles and a water area of 0.04 sq. miles. Ford County is in the Central time zone (GMT -6).

The City of Gibson City 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 City of Gibson City is located within Township of Drummer, a minor civil division (MCD) of Ford County.

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

POPULATION
Total Population	3,449 (100%)
Population in Households	3,363 (97.5%)
Population in Families	2,637 (76.5%)
Population in Group Quarters¹	86 ( 2.5%)
Population Density	1,486
Diversity Index²	22


INCOME
Median Household Income	$52,166
Average Household Income	$76,343
% of Income for Mortgage⁴	19%
Per Capita Income	$33,705
Wealth Index⁵	63
Socioeconomic Status Index⁶	Moderate (45.4)

HOUSING
Total HU (Housing Units)	1,680 (100%)
Owner Occupied HU	1,057 (62.9%)
Renter Occupied HU	464 (27.6%)
Vacant Housing Units	159 ( 9.5%)
Median Home Value	$157,977
Average Home Value	$193,094
Housing Affordability Index³	113

HOUSEHOLDS
Total Households	1,521
Average Household Size	2.21
Family Households	861
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,680 (100%)

Owner Occupied HU

1,057 (62.9%)

Renter Occupied HU

464 (27.6%)

Vacant Housing Units

159 ( 9.5%)

Median Home Value

$157,977

Average Home Value

$193,094

Housing Affordability Index³

113

HOUSEHOLDS

Total Households

1,521

Average Household Size

2.21

Family Households

861

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	-0.18%	-0.52%
Households	-0.22%	0.00%
Families		-0.07%
Median Household Income		2.42%
Per Capita Income		2.75%
Owner Occupied HU		0.78%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.18%

-0.52%

Households

-0.22%

0.00%

Families

-0.07%

Median Household Income

2.42%

Per Capita Income

2.75%

Owner Occupied HU

0.78%

Gibson City, IL - Peer Comparisons by Rank and Percentile

The table below compares Gibson City 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	# 406	72nd
Population Density	# 416	72nd
Median Household Income	# 1282	12th
Housing Affordability Index	# 489	33rd
Per Capita Income	# 1028	30th
Diversity Index	# 688	53rd

Variable Description

Rank

Percentile

Total Population

# 406

72nd

Population Density

# 416

72nd

Median Household Income

# 1282

12th

Housing Affordability Index

# 489

33rd

Per Capita Income

# 1028

30th

Diversity Index

# 688

53rd

Illinois Census Data Comparison Tool

Gibson City, IL Profile: Facts & Data

Gibson City, Illinois - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Gibson City, IL - Peer Comparisons by Rank and Percentile

Gibson City, IL - Most Popular Things to Do

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Ford County