Bement, IL Profile: Facts & Data

The Village of Bement had a population of 1,435 as of July 1, 2024. Bement ranks in the upper 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 Bement is located at latitude 39.922 and longitude -88.572 in Piatt County. The formal boundaries for the Village of Bement encompass a land area of 0.81 sq. miles and a water area of 0 sq. miles. Piatt County is in the Central time zone (GMT -6).

The Village of Bement 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.

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

POPULATION
Total Population	1,435 (100%)
Population in Households	1,404 (97.8%)
Population in Families	1,105 (77.0%)
Population in Group Quarters¹	31 ( 2.2%)
Population Density	1,845
Diversity Index²	15


INCOME
Median Household Income	$76,355
Average Household Income	$87,402
% of Income for Mortgage⁴	9%
Per Capita Income	$38,587
Wealth Index⁵	68
Socioeconomic Status Index⁶	Moderate (55.4)

HOUSING
Total HU (Housing Units)	712 (100%)
Owner Occupied HU	495 (69.5%)
Renter Occupied HU	138 (19.4%)
Vacant Housing Units	79 (11.1%)
Median Home Value	$114,521
Average Home Value	$141,818
Housing Affordability Index³	235

HOUSEHOLDS
Total Households	633
Average Household Size	2.22
Family Households	404
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.

Bement, IL - Peer Comparisons by Rank and Percentile

The table below compares Bement 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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.79%	-0.27%
Households	0.00%	0.06%
Families		0.10%
Median Household Income		2.36%
Per Capita Income		3.01%
Owner Occupied HU		0.28%

Variable Description	Rank	Percentile
Total Population	# 576	61st
Population Density	# 285	81st
Median Household Income	# 661	55th
Housing Affordability Index	# 1376	94th
Per Capita Income	# 717	51st
Diversity Index	# 1025	30th

Bement, IL Profile: Facts & Data

Bement, Illinois - Basic Facts

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

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Bement, IL - Peer Comparisons by Rank and Percentile

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Piatt County