Banner, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Banner, Illinois had a total population of 157, the 1259th largest village in Illinois, with a median household income of $52,917, which is 37% lower than the state average. The poverty rate is 25.8%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Household income is 37% below the state average, indicating significant economic challenges.
- More than 1 in 4 residents live below the poverty line (25.8%), well above the national average of 12.4%.
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
Banner Quick Facts
How Banner Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 148 | 157 | +6.1% |
| Median household income | $36,250 | $52,917 | +46.0% |
| Median home value | $90,000 | $101,600 | +12.9% |
How Banner Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Banner Rankings in Illinois
Explore Illinois Rankings
Other Cities in Fulton County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Canton | 13,144 | $53,254 | 15.2% | $107,100 |
| Lewistown | 1,781 | $54,000 | 11.5% | $102,200 |
| Cuba | 1,004 | $42,375 | 22.7% | $63,900 |
| Astoria | 984 | $50,536 | 15.2% | $67,600 |
| Vermont | 698 | $48,846 | 19.6% | $57,000 |
| Avon | 694 | $50,000 | 23.1% | $62,200 |
| Ipava | 487 | $48,698 | 22.6% | $66,300 |
| St. David | 383 | $54,583 | 16.1% | $65,400 |
| Fairview | 324 | $58,125 | 9.6% | $91,400 |
| Dunfermline | 314 | $70,833 | 11.8% | $119,300 |
Cities Similar to Banner
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Arlington | 157 | $54,375 | $106,300 | 14.2% | 19.8% |
| Paloma | 161 | N/A | N/A | 0.0% | 0.0% |
| New Grand Chain | 151 | N/A | $63,300 | 6.9% | 19.9% |
| Gays | 165 | $52,188 | $93,000 | 14.6% | 10.4% |
| Concord | 162 | $55,893 | $109,200 | 7.9% | 6.8% |
A note before these figures: with a population of 157, Banner's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Banner is a small community located in Illinois, within Fulton County. The total population is 157. It ranks as the 1259th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Banner is 47.9 years. This is 23% higher than the state median of 39.0 years. 14.0% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.
Economy, Income & Housing
The median household income in Banner is $52,917. This is 37% lower than the state median of $83,390. It is also 34% lower than the national median of $80,734. The poverty rate stands at 25.8%. This is 119% higher than the state poverty rate of 11.8%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 5.8%. The median home value is $101,600. Housing costs are 61% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.9x, Banner is one of the most affordable housing markets in the area. 76.1% of occupied housing units are owner-occupied. This homeownership rate is 13% higher than the state average of 67.1%.
Race & Ethnicity
Banner has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. The White (non-Hispanic) population is significantly higher than the state average (95.5% vs 58.1%).
Education
10.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 90.2%.
Data Sources & Methodology
All demographic data for Banner, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Banner, Illinois?
Banner, Illinois has a population of 157 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Banner, IL?
The median household income in Banner is $52,917, which is 34% lower than the national median of $80,734.
What is the poverty rate in Banner, IL?
The poverty rate in Banner is 25.8%. This means approximately 40 residents live below the federal poverty line.
What is the racial makeup of Banner, Illinois?
Banner's population is 95.5% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Banner, IL?
The median home value in Banner is $101,600. The home-value-to-income ratio is 1.9x.
How educated is Banner, Illinois?
10.7% of adults (25+) in Banner hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.