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Herscher, IL Profile: Facts & Data

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Herscher, Illinois - Basic Facts

The Village of Herscher had a population of 1,594 as of July 1, 2020.

The primary coordinate point for Herscher is located at latitude 41.0492 and longitude -88.0978 in Kankakee County. The formal boundaries for the Village of Herscher encompass a land area of 1.78 sq. miles and a water area of 0 sq. miles. Kankakee County is in the Central time zone (GMT -6). The elevation is 659 feet.

The Village of Herscher (GNIS ID: 2398494) 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 Herscher is located within Township of Pilot, a minor civil division (MCD) of Kankakee County.


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

POPULATION

Total Population 1,594 (100%)
Population in Households 1,594 (100.0%)
Population in Families 1,350 (84.7%)
Population in Group Quarters1 0
Population Density 879
Diversity Index2 10
 
 

INCOME

Median Household Income $67,917
Average Household Income $84,926
% of Income for Mortgage4 11%
Per Capita Income $33,031
Wealth Index5 91
 

HOUSING

Total HU (Housing Units) 652 (100%)
Owner Occupied HU 478 (73.3%)
Renter Occupied HU 139 (21.3%)
Vacant Housing Units 35 ( 5.4%)
Median Home Value $179,114
Average Home Value $236,977
Housing Affordability Index3 185
 

HOUSEHOLDS

Total Households 617
Average Household Size 2.58
Family Households 431
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 0.02% -0.37%
Households 0.22% -0.26%
Families 0.18% -0.33%
Median Household Income   1.35%
Per Capita Income   2.08%
Owner Occupied HU   -0.21%

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Herscher, IL - Peer Comparisons by Rank and Percentile

The table below compares Herscher 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 # 559 59th
Population Density # 817 40th
Median Household Income # 407 70th
Housing Affordability Index # 378 28th
Per Capita Income # 434 68th
Diversity Index # 942 31st

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

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