Nilwood, IL Profile: Facts & Data

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Nilwood, Illinois - Basic Facts

The Town of Nilwood had a population of 258 as of July 1, 2020. Nilwood ranks in the lower quartile for Population Density when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Nilwood is located at latitude 39.3981 and longitude -89.8087 in Macoupin County. The formal boundaries for the Town of Nilwood encompass a land area of 0.47 sq. miles and a water area of 0 sq. miles. Macoupin County is in the Central time zone (GMT -6). The elevation is 669 feet.

The Town of Nilwood (GNIS ID: 2396817) 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 Town of Nilwood is located within Township of Nilwood, a minor civil division (MCD) of Macoupin County.


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

POPULATION

Total Population 258 (100%)
Population in Households 258 (100.0%)
Population in Families 217 (84.1%)
Population in Group Quarters1 0
Population Density 554
Diversity Index2 13
 
 

INCOME

Median Household Income $59,461
Average Household Income $74,837
% of Income for Mortgage4 12%
Per Capita Income $30,366
Wealth Index5 77
 

HOUSING

Total HU (Housing Units) 112 (100%)
Owner Occupied HU 85 (75.9%)
Renter Occupied HU 17 (15.2%)
Vacant Housing Units 10 ( 8.9%)
Median Home Value $172,222
Average Home Value $207,738
Housing Affordability Index3 215
 

HOUSEHOLDS

Total Households 102
Average Household Size 2.53
Family Households 74
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 0.75% 0.0%
Households 0.91% 0.0%
Families 0.83% -0.27%
Median Household Income   1.89%
Per Capita Income   1.81%
Owner Occupied HU   0.0%

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Nilwood, IL - Peer Comparisons by Rank and Percentile

The table below compares Nilwood 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 # 1123 18th
Population Density # 1043 24th
Median Household Income # 614 55th
Housing Affordability Index # 557 41st
Per Capita Income # 603 56th
Diversity Index # 738 47th

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

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