Varna, IL Profile: Facts & Data

Varna, Illinois - Basic Facts

The Village of Varna had a population of 355 as of July 1, 2024.

The primary coordinate point for Varna is located at latitude 41.0364 and longitude -89.2262 in Marshall County. The formal boundaries for the Village of Varna encompass a land area of 0.3 sq. miles and a water area of 0 sq. miles. Marshall County is in the Central time zone (GMT -6).

The Village of Varna 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 Varna is located within Township of Roberts, a minor civil division (MCD) of Marshall County.

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

POPULATION
Total Population	355 (100%)
Population in Households	355 (100.0%)
Population in Families	263 (74.1%)
Population in Group Quarters¹	0
Population Density	1,197
Diversity Index²	22


INCOME
Median Household Income	$79,099
Average Household Income	$78,932
% of Income for Mortgage⁴	10%
Per Capita Income	$35,352
Wealth Index⁵	53
Socioeconomic Status Index⁶	Moderate (47.5)

HOUSING
Total HU (Housing Units)	174 (100%)
Owner Occupied HU	131 (75.3%)
Renter Occupied HU	28 (16.1%)
Vacant Housing Units	15 ( 8.6%)
Median Home Value	$123,558
Average Home Value	$142,366
Housing Affordability Index³	224

HOUSEHOLDS
Total Households	159
Average Household Size	2.23
Family Households	94
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

174 (100%)

Owner Occupied HU

131 (75.3%)

Renter Occupied HU

28 (16.1%)

Vacant Housing Units

15 ( 8.6%)

Median Home Value

$123,558

Average Home Value

$142,366

Housing Affordability Index³

224

HOUSEHOLDS

Total Households

159

Average Household Size

2.23

Family Households

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	-1.28%	-0.86%
Households	0.00%	-0.13%
Families		1.65%
Median Household Income		0.52%
Per Capita Income		2.52%
Owner Occupied HU		-0.78%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-1.28%

-0.86%

Households

0.00%

-0.13%

Families

1.65%

Median Household Income

0.52%

Per Capita Income

2.52%

Owner Occupied HU

-0.78%

Varna, IL - Peer Comparisons by Rank and Percentile

The table below compares Varna 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	# 1007	31st
Population Density	# 568	61st
Median Household Income	# 575	61st
Housing Affordability Index	# 1344	92nd
Per Capita Income	# 918	37th
Diversity Index	# 711	52nd

Variable Description

Rank

Percentile

Total Population

# 1007

31st

Population Density

# 568

61st

Median Household Income

# 575

61st

Housing Affordability Index

# 1344

92nd

Per Capita Income

# 918

37th

Diversity Index

# 711

52nd

Illinois Census Data Comparison Tool

Varna, IL Profile: Facts & Data

Varna, Illinois - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Varna, IL - Peer Comparisons by Rank and Percentile

Varna, IL - Most Popular Things to Do

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Marshall County