Also See Rankin, IL: ZIP Codes & Maps
The Village of Rankin had a population of 514 as of July 1, 2024.
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 Village of Rankin 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 Rankin is located within Township of Butler, a minor civil division (MCD) of Vermilion County.
POPULATION | |
---|---|
Total Population | 514 (100%) |
Population in Households | 514 (100.0%) |
Population in Families | 421 (81.9%) |
Population in Group Quarters1 | 0 |
Population Density | 888 |
Diversity Index2 | 27 |
INCOME | |
Median Household Income | $54,182 |
Average Household Income | $60,863 |
% of Income for Mortgage4 | 8% |
Per Capita Income | $25,458 |
Wealth Index5 | 39 |
Socioeconomic Status Index6 | Low (38.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 254 (100%) |
Owner Occupied HU | 159 (62.6%) |
Renter Occupied HU | 56 (22.0%) |
Vacant Housing Units | 39 (15.4%) |
Median Home Value | $70,455 |
Average Home Value | $75,943 |
Housing Affordability Index3 | 271 |
HOUSEHOLDS | |
Total Households | 215 |
Average Household Size | 2.39 |
Family Households | 135 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2024 | 2024-2029 |
---|---|---|
Population | 0.89% | 0.16% |
Households | 1.13% | 0.55% |
Families | 0.59% | |
Median Household Income | 2.11% | |
Per Capita Income | 2.99% | |
Owner Occupied HU | 1.70% |
The table below compares Rankin 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 | # 900 | 39th |
Population Density | # 761 | 48th |
Median Household Income | # 1226 | 16th |
Housing Affordability Index | # 1425 | 97th |
Per Capita Income | # 1391 | 5th |
Diversity Index | # 564 | 61st |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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