Also See: Rankin, IL ZIP Codes & ZIP Code Maps
The Village of Rankin had a population of 541 as of July 1, 2020.
The primary coordinate point for Rankin is located at latitude 40.465 and longitude -87.8964 in Vermilion County. The formal boundaries for the Village of Rankin encompass a land area of 0.58 sq. miles and a water area of 0 sq. miles. Vermilion County is in the Central time zone (GMT -6). The elevation is 718 feet.
The Village of Rankin (GNIS ID: 2399040) 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.
|Total Population||541 (100%)|
|Population in Households||541 (100.0%)|
|Population in Families||430 (79.5%)|
|Population in Group Quarters1||0|
|Median Household Income||$44,656|
|Average Household Income||$55,968|
|% of Income for Mortgage4||6%|
|Per Capita Income||$22,605|
|Total HU (Housing Units)||279 (100%)|
|Owner Occupied HU||167 (59.9%)|
|Renter Occupied HU||54 (19.4%)|
|Vacant Housing Units||58 (20.8%)|
|Median Home Value||$59,810|
|Average Home Value||$62,725|
|Housing Affordability Index3||342|
|Average Household Size||2.45|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.25%|
|Per Capita Income||1.94%|
|Owner Occupied HU||-0.61%|
The table below compares Rankin 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.
|Total Population||# 904||34th|
|Population Density||# 774||44th|
|Median Household Income||# 1151||16th|
|Housing Affordability Index||# 1214||89th|
|Per Capita Income||# 1222||11th|
|Diversity Index||# 349||74th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.