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Equality village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Equality village, Illinois has a total population of 539, the 920th largest city in Illinois, with a median household income of $42,500, which is 48% lower than the state average. The poverty rate is 16.9%.

Key Takeaways

Equality village Quick Facts

Population 539
Median Household Income $42,500
Median Home Value $84,500
Poverty Rate 16.9%
Unemployment Rate 5.0%
Median Age 45.3 years
Homeownership Rate 81.5%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 7.3%
High School Graduation Rate 93.5%
Diversity Index 0/100
Population 539 920th of 1,445
Median Income $42,500 bottom 10%
Poverty Rate 16.9% 36% higher national
Median Home Value $84,500 bottom 30%

How Equality village Compares

Economy & Housing

Employment

5.0% Unemployment Rate State: 5.8% | National: 5.2%
58.1% Labor Force Participation

Housing Overview

Owner 81.5%
Renter 18.5%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

0out 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

Equality village Rankings in Illinois

#920 Population of 1,445
#1267 Median Income of 1,445
#1242 Education of 1,445
#1050 Home Value of 1,445

Cities Similar to Equality village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Cowden village547$42,083$76,20013.8%27.2%
Tamms village532$41,250$57,2008.7%18.0%
Chandlerville village552$43,333$56,2006.6%15.4%
Garden Prairie CDP560$42,188$108,0000.0%10.7%
Ipava village510$42,500$58,20013.1%26.6%

Population Overview

Equality village is a small community located in Illinois. The total population is 539. It ranks as the 920th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Equality village is 45.3 years. This is 16% higher than the state median of 38.9 years. 14.7% 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 Equality village is $42,500. This is 48% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 46% lower. The poverty rate stands at 16.9%. This is 44% higher than the state poverty rate of 11.7%. The unemployment rate is 5.0%. This is 13% lower than the state rate of 5.8%. The median home value is $84,500. Housing costs are 66% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.0x, Equality village is one of the most affordable housing markets in the area. 81.5% of occupied housing units are owner-occupied. This homeownership rate is 22% higher than the state average of 66.8%.

Race & Ethnicity

Equality village has a predominantly White (non-Hispanic) population, comprising 100.0% of all residents. The White (non-Hispanic) population is significantly higher than the state average (100.0% vs 58.8%).

Education

7.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 80% 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 93.5%.

Data Sources & Methodology

All demographic data for Equality 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 Equality village, Illinois?

Equality village, Illinois has a population of 539 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Equality village is $42,500, which is 46% lower the national median of $78,538.

What is the poverty rate in Equality village, IL?

The poverty rate in Equality village is 16.9%. This means approximately 91 residents live below the federal poverty line.

What is the racial makeup of Equality village, Illinois?

Equality village's population is 100.0% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Equality village is $84,500. The home-value-to-income ratio is 2.0x.

How educated is Equality village, Illinois?

7.3% of adults (25+) in Equality village hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.