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Cornell village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.3x is exceptionally low

As of 2026, Cornell village, Illinois has a total population of 419, the 989th largest city in Illinois, with a median household income of $64,286, which is 21% lower than the state average. The poverty rate is 20.1%.

Key Takeaways

Cornell village Quick Facts

Population 419
Median Household Income $64,286
Median Home Value $83,800
Poverty Rate 20.1%
Unemployment Rate 1.5%
Median Age 34.8 years
Homeownership Rate 74.4%
Affordability Ratio 1.3x
Bachelor's Degree or Higher 16.7%
High School Graduation Rate 95.2%
Diversity Index 13/100
Population 419 989th of 1,445
Median Income $64,286 average
Poverty Rate 20.1% 62% higher national
Median Home Value $83,800 bottom 30%

How Cornell village Compares

Economy & Housing

Employment

1.5% Unemployment Rate State: 5.8% | National: 5.2%
63.5% Labor Force Participation

Housing Overview

Owner 74.4%
Renter 25.6%
Affordability Index Very Affordable
1.3x home value to income ratio

People & Demographics

Diversity Index

13out of 100
Very Low Diversity

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

State average: 60 | National average: 60

Education

Cornell village Rankings in Illinois

#989 Population of 1,445
#750 Median Income of 1,445
#782 Education of 1,445
#1060 Home Value of 1,445

Cities Similar to Cornell village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Westfield village418$62,986$72,00015.5%8.4%
Davis village425$64,107$150,00015.5%3.1%
Boody CDP420$60,859$112,10042.4%0.0%
Varna village425$61,250$89,00011.5%16.4%
Saunemin village407$65,625$88,40010.6%19.9%

Population Overview

Cornell village is a small community located in Illinois. The total population is 419. It ranks as the 989th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Cornell village is 34.8 years. This is 11% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Cornell village is $64,286. This is 21% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 18% lower. The poverty rate stands at 20.1%. This is 72% higher than the state poverty rate of 11.7%. 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 1.5%. This is 75% lower than the state rate of 5.8%. The median home value is $83,800. Housing costs are 67% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.3x, Cornell village is one of the most affordable housing markets in the area. 74.4% of occupied housing units are owner-occupied. This homeownership rate is 11% higher than the state average of 66.8%.

Race & Ethnicity

Cornell village has a predominantly White (non-Hispanic) population, comprising 93.1% of all residents. Hispanic or Latino residents account for 3.8%. The White (non-Hispanic) population is significantly higher than the state average (93.1% vs 58.8%). The Hispanic or Latino population (3.8%) is well below the state average of 18.5%.

Education

16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 55% 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 95.2%.

Data Sources & Methodology

All demographic data for Cornell 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.

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Frequently Asked Questions

What is the population of Cornell village, Illinois?

Cornell village, Illinois has a population of 419 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Cornell village, IL?

The median household income in Cornell village is $64,286, which is 18% lower the national median of $78,538.

What is the poverty rate in Cornell village, IL?

The poverty rate in Cornell village is 20.1%. This means approximately 84 residents live below the federal poverty line.

What is the racial makeup of Cornell village, Illinois?

Cornell village's population is 93.1% White, 0.0% Black, 3.8% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Cornell village, IL?

The median home value in Cornell village is $83,800. The home-value-to-income ratio is 1.3x.

How educated is Cornell village, Illinois?

16.7% of adults (25+) in Cornell village hold a bachelor's degree or higher, and 2.2% hold a graduate or professional degree.