Mill Shoals, IL Profile: Facts & Data

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Mill Shoals, Illinois - Basic Facts

The Village of Mill Shoals had a population of 198 as of July 1, 2020. Mill Shoals ranks in the lower quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Mill Shoals is located at latitude 38.2487 and longitude -88.3467 in White County. The formal boundaries for the Village of Mill Shoals encompass a land area of 0.79 sq. miles and a water area of 0 sq. miles. White County is in the Central time zone (GMT -6). The elevation is 384 feet.

While the primary coordinates for Village of Mill Shoals are located in White County, it should be noted that the formal boundaries for this community also extend into and Wayne County.

The Village of Mill Shoals (GNIS ID: 2399348) 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 Mill Shoals is located within Township of Mill Shoals, a minor civil division (MCD) of White County.

Alternate Unofficial Names for Mill Shoals: Millshoals.

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

POPULATION

Total Population 198 (100%)
Population in Households 195 (98.5%)
Population in Families 161 (81.3%)
Population in Group Quarters1 3 ( 1.5%)
Population Density 258
Diversity Index2 6
 
 

INCOME

Median Household Income $46,455
Average Household Income $57,309
% of Income for Mortgage4 5%
Per Capita Income $25,255
Wealth Index5 55
 

HOUSING

Total HU (Housing Units) 113 (100%)
Owner Occupied HU 73 (64.6%)
Renter Occupied HU 16 (14.2%)
Vacant Housing Units 24 (21.2%)
Median Home Value $58,696
Average Home Value $88,851
Housing Affordability Index3 350
 

HOUSEHOLDS

Total Households 89
Average Household Size 2.19
Family Households 60
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 -0.8% -0.93%
Households -0.74% -0.92%
Families -1.21% -1.02%
Median Household Income   1.25%
Per Capita Income   2.11%
Owner Occupied HU   -0.84%

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Mill Shoals, IL - Peer Comparisons by Rank and Percentile

The table below compares Mill Shoals 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 # 1206 12th
Population Density # 1225 11th
Median Household Income # 1100 20th
Housing Affordability Index # 1325 97th
Per Capita Income # 1023 25th
Diversity Index # 1198 12th

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

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