Basco village, Illinois Demographics & Population 2026

Population Overview

Basco village is a small community located in Illinois. The total population is 73. It ranks as the 1376th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Basco village is 48.3 years. This is 24% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Basco village is $46,250. This is 43% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 41% lower. The poverty rate stands at 12.3%. This is 5% higher than the state poverty rate of 11.7%. The unemployment rate is 16.3%. This is 181% higher than the state rate of 5.8%. The median home value is $38,200. Housing costs are 85% lower than the state median of $250,500. With a home-value-to-income ratio of just 0.8x, Basco village is one of the most affordable housing markets in the area. 83.8% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 66.8%.

Race & Ethnicity

Basco village has a predominantly White (non-Hispanic) population, comprising 91.8% of all residents. Hispanic or Latino residents account for 6.9%. The White (non-Hispanic) population is significantly higher than the state average (91.8% vs 58.8%). The Hispanic or Latino population (6.9%) is well below the state average of 18.5%.

Education

16.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.8%.

Data Sources & Methodology

All demographic data for Basco village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. 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. For official data, visit data.census.gov.