Forsyth, IL Profile: Facts & Data

Forsyth, Illinois - Basic Facts

The Village of Forsyth had a population of 3,548 as of July 1, 2024.

The primary coordinate point for Forsyth is located at latitude 39.9325 and longitude -88.9512 in Macon County. The formal boundaries for the Village of Forsyth encompass a land area of 3.1 sq. miles and a water area of 0 sq. miles. Macon County is in the Central time zone (GMT -6).

The Village of Forsyth 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 Forsyth is located within Township of Hickory Point, a minor civil division (MCD) of Macon County.

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

POPULATION
Total Population	3,548 (100%)
Population in Households	3,479 (98.1%)
Population in Families	3,079 (86.8%)
Population in Group Quarters¹	69 ( 1.9%)
Population Density	1,146
Diversity Index²	37


INCOME
Median Household Income	$109,499
Average Household Income	$148,413
% of Income for Mortgage⁴	16%
Per Capita Income	$56,703
Wealth Index⁵	151
Socioeconomic Status Index⁶	Moderate (64.4)

HOUSING
Total HU (Housing Units)	1,429 (100%)
Owner Occupied HU	1,165 (81.5%)
Renter Occupied HU	190 (13.3%)
Vacant Housing Units	74 ( 5.2%)
Median Home Value	$285,938
Average Home Value	$280,687
Housing Affordability Index³	130

HOUSEHOLDS
Total Households	1,355
Average Household Size	2.57
Family Households	997
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,429 (100%)

Owner Occupied HU

1,165 (81.5%)

Renter Occupied HU

190 (13.3%)

Vacant Housing Units

74 ( 5.2%)

Median Home Value

$285,938

Average Home Value

$280,687

Housing Affordability Index³

130

HOUSEHOLDS

Total Households

1,355

Average Household Size

2.57

Family Households

997

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	-1.19%	-0.76%
Households	-0.46%	-0.18%
Families		-0.24%
Median Household Income		2.28%
Per Capita Income		3.38%
Owner Occupied HU		0.15%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-1.19%

-0.76%

Households

-0.46%

-0.18%

Families

-0.24%

Median Household Income

2.28%

Per Capita Income

3.38%

Owner Occupied HU

0.15%

Forsyth, IL - Peer Comparisons by Rank and Percentile

The table below compares Forsyth 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	# 399	73rd
Population Density	# 594	59th
Median Household Income	# 147	90th
Housing Affordability Index	# 670	46th
Per Capita Income	# 136	91st
Diversity Index	# 418	71st

Variable Description

Rank

Percentile

Total Population

# 399

73rd

Population Density

# 594

59th

Median Household Income

# 147

90th

Housing Affordability Index

# 670

46th

Per Capita Income

# 136

91st

Diversity Index

# 418

71st

Illinois Census Data Comparison Tool

Forsyth, IL Profile: Facts & Data

Forsyth, Illinois - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Forsyth, IL - Peer Comparisons by Rank and Percentile

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