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Danforth, IL Profile: Facts & Data

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Danforth, Illinois - Basic Facts

The Village of Danforth had a population of 549 as of July 1, 2020.

The primary coordinate point for Danforth is located at latitude 40.8203 and longitude -87.9778 in Iroquois County. The formal boundaries for the Village of Danforth encompass a land area of 0.47 sq. miles and a water area of 0 sq. miles. Iroquois County is in the Central time zone (GMT -6). The elevation is 650 feet.

The Village of Danforth (GNIS ID: 2398678) 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 Danforth is located within Township of Danforth, a minor civil division (MCD) of Iroquois County.


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Danforth, IL Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 549 (100%)
Population in Households 509 (92.7%)
Population in Families 422 (76.9%)
Population in Group Quarters1 40 ( 7.3%)
Population Density 1,149
Diversity Index2 16
 
 

INCOME

Median Household Income $61,515
Average Household Income $70,200
% of Income for Mortgage4 10%
Per Capita Income $26,808
Wealth Index5 71
 

HOUSING

Total HU (Housing Units) 227 (100%)
Owner Occupied HU 148 (65.2%)
Renter Occupied HU 51 (22.5%)
Vacant Housing Units 28 (12.3%)
Median Home Value $148,649
Average Home Value $227,365
Housing Affordability Index3 229
 

HOUSEHOLDS

Total Households 199
Average Household Size 2.56
Family Households 134
Average Family Size 3
NOTES
  1. 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.
  2. 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.
  3. 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.
  4. 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).
  5. 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.

GROWTH RATE / YEAR

 2010-2020 2020-2025
Population -0.93% -1.08%
Households -0.75% -1.03%
Families 0.52% -1.22%
Median Household Income   2.36%
Per Capita Income   2.31%
Owner Occupied HU   -0.55%

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Danforth, IL - Peer Comparisons by Rank and Percentile

The table below compares Danforth to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 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 # 895 35th
Population Density # 643 53rd
Median Household Income # 555 60th
Housing Affordability Index # 636 46th
Per Capita Income # 894 35th
Diversity Index # 594 57th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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