Skip to main content

Braceville, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Braceville, Illinois had a total population of 860, the 753rd largest village in Illinois, with a median household income of $89,167, which is 7% higher than the state average. The poverty rate is 11.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Braceville Quick Facts

Population 860
Median Household Income $89,167
Median Home Value $187,900
Poverty Rate 11.4%
Unemployment Rate 1.7%
Median Age 31.0 years
Homeownership Rate 88.1%
Affordability Ratio 2.1x
Bachelor's Degree or Higher 11.6%
High School Graduation Rate 92.3%
Diversity Index 34/100
Population 860 753rd of 1,445
Median Income $89,167 top 30%
Poverty Rate 11.4% 8% lower than national
Median Home Value $187,900 top 30%

How Braceville Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population890860-3.4%
Median household income$70,278$89,167+26.9%
Median home value$176,400$187,900+6.5%

How Braceville Compares

Economy & Housing

Household Income Distribution

Under $25K 11.5%
$25K-$50K 20.6%
$50K-$100K 25.2%
$100K+ 42.7%
Detailed income brackets
Under $10K
5.9%
$10K-$15K
0.0%
$15K-$20K
3.9%
$20K-$25K
1.8%
$25K-$30K
5.2%
$30K-$35K
0.7%
$35K-$40K
4.9%
$40K-$45K
3.5%
$45K-$50K
6.3%
$50K-$60K
2.8%
$60K-$75K
9.4%
$75K-$100K
12.9%
$100K-$125K
9.8%
$125K-$150K
12.2%
$150K-$200K
13.6%
$200K+
7.0%

Employment

1.7% Unemployment Rate State: 5.8%|National: 5.2%
70.3% Labor Force Participation

Housing Overview

Owner 88.1%
Renter 11.9%
Affordability Index Very Affordable
2.1x home value to income ratio

People & Demographics

Diversity Index

34out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Braceville Rankings in Illinois

#753 Population of 1,445
#329 Median Income of 1,374
#1059 Education of 1,444
#398 Home Value of 1,372

Other Cities in Will County

CityPopulationMedian IncomePovertyHome Value
Joliet 150,445 $92,201 11.1% $265,800
Plainfield 46,708 $144,000 4.2% $431,400
Romeoville 41,152 $106,325 5.5% $257,100
Oswego 36,375 $123,792 2.6% $344,500
New Lenox 28,006 $140,865 1.5% $399,900
Lockport 26,409 $111,981 6.8% $316,000
Crest Hill 20,628 $73,033 12.0% $232,900
Mokena 20,021 $123,889 4.5% $401,400
Shorewood 18,343 $122,105 5.2% $337,800
Channahon 13,927 $119,494 5.9% $327,900

Cities Similar to Braceville

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Pleasant Plains886$89,643$169,00025.3%3.2%
Odell890$83,558$121,00010.6%9.6%
Mansfield866$78,750$142,20010.5%8.3%
Sidney936$88,618$197,60024.5%4.3%
Bartelso782$90,000$209,70024.2%4.2%

A note before these figures: with a population of 860, Braceville'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

Braceville is a small community located in Illinois, within Will County. The total population is 860. It ranks as the 753rd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Braceville is 31.0 years. This is 21% lower than the state median of 39.0 years. With 36.2% of the population under 18, Braceville has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Braceville is $89,167. This is 7% higher than the state median of $83,390. It is also 10% higher than the national median of $80,734. The poverty rate stands at 11.4%. This is 3% lower than the state poverty rate of 11.8%. The unemployment rate is 1.7%. This is 71% lower than the state rate of 5.8%. The median home value is $187,900. Housing costs are 29% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.1x, Braceville is one of the most affordable housing markets in the area. 88.1% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Braceville is White (non-Hispanic), making up 78.8% of the population. Hispanic or Latino residents account for 19.7%.

Education

11.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 69% 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 92.3%.

Data Sources & Methodology

All demographic data for Braceville, 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.

Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Braceville, Illinois?

Braceville, Illinois has a population of 860 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Braceville, IL?

The median household income in Braceville is $89,167, which is 10% higher than the national median of $80,734.

What is the poverty rate in Braceville, IL?

The poverty rate in Braceville is 11.4%. This means approximately 98 residents live below the federal poverty line.

What is the racial makeup of Braceville, Illinois?

Braceville's population is 78.8% White, 0.0% Black, 19.7% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Braceville, IL?

The median home value in Braceville is $187,900. The home-value-to-income ratio is 2.1x.

How educated is Braceville, Illinois?

11.6% of adults (25+) in Braceville hold a bachelor's degree or higher, and 7.0% hold a graduate or professional degree.