Eldred village, Illinois Demographics & Population 2026

Population Overview

Eldred village is a small community located in Illinois. The total population is 184. It ranks as the 1232nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Eldred village is 51.7 years. This is 33% higher than the state median of 38.9 years. Only 7.1% of residents are under 18, indicating fewer families with children. 10.9% 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 Eldred village is $67,500. This is 17% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 14% lower. The poverty rate stands at 7.1%. This is 40% lower than the state poverty rate of 11.7%. The unemployment rate is 0.9%. This is 84% lower than the state rate of 5.8%. The median home value is $82,800. Housing costs are 67% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.2x, Eldred village is one of the most affordable housing markets in the area. 84.4% of occupied housing units are owner-occupied. This homeownership rate is 26% higher than the state average of 66.8%.

Race & Ethnicity

Eldred village has a predominantly White (non-Hispanic) population, comprising 95.1% of all residents. Asian residents account for 1.6%. The White (non-Hispanic) population is significantly higher than the state average (95.1% vs 58.8%). The Hispanic or Latino population (0.5%) is well below the state average of 18.5%. The Asian population (1.6%) is well below the state average of 5.8%.

Education

4.9% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 87% 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 95.1%.

Data Sources & Methodology

All demographic data for Eldred 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.