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Farmersville, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Farmersville, Illinois had a total population of 763, the 780th largest village in Illinois, with a median household income of $63,750, which is 24% lower than the state average. The poverty rate is 6.9%.

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

Key Takeaways

Farmersville Quick Facts

Population 763
Median Household Income $63,750
Median Home Value $116,900
Poverty Rate 6.9%
Unemployment Rate 2.2%
Median Age 37.1 years
Homeownership Rate 79.6%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 36.1%
High School Graduation Rate 94.1%
Diversity Index 27/100
Population 763 780th of 1,445
Median Income $63,750 average
Poverty Rate 6.9% 45% lower than national
Median Home Value $116,900 average

How Farmersville 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
Population756763+0.9%
Median household income$59,297$63,750+7.5%
Median home value$113,500$116,900+3.0%

How Farmersville Compares

Economy & Housing

Household Income Distribution

Under $25K 12.7%
$25K-$50K 19.5%
$50K-$100K 32.5%
$100K+ 35.2%
Detailed income brackets
Under $10K
6.2%
$10K-$15K
2.1%
$15K-$20K
0.6%
$20K-$25K
3.9%
$25K-$30K
2.4%
$30K-$35K
3.0%
$35K-$40K
6.8%
$40K-$45K
3.5%
$45K-$50K
3.9%
$50K-$60K
17.2%
$60K-$75K
3.3%
$75K-$100K
12.1%
$100K-$125K
21.6%
$125K-$150K
6.2%
$150K-$200K
3.3%
$200K+
4.1%

Employment

2.2% Unemployment Rate State: 5.8%|National: 5.2%
61.4% Labor Force Participation

Housing Overview

Owner 79.6%
Renter 20.4%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $764/mo 14.4% of median household income annually

People & Demographics

Diversity Index

27out 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

Farmersville Rankings in Illinois

#780 Population of 1,445
#800 Median Income of 1,374
#249 Education of 1,444
#723 Home Value of 1,372

Other Cities in Montgomery County

CityPopulationMedian IncomePovertyHome Value
Litchfield 6,834 $53,958 16.3% $104,200
Hillsboro 5,803 $50,158 11.6% $111,700
Nokomis 2,147 $60,326 9.4% $83,900
Raymond 1,030 $66,591 23.2% $108,200
Witt 875 $52,500 22.3% $50,700
Taylor Springs 633 $45,000 19.7% $67,400
Coffeen 592 $72,500 21.0% $60,800
Schram City 578 $51,250 16.3% $94,300
Panama 420 $72,917 9.5% $54,700
Coalton 357 $76,875 5.9% $92,300

Cities Similar to Farmersville

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Albany776$62,857$148,80019.0%4.0%
Stewardson756$61,875$109,50021.3%9.4%
Pearl City745$63,295$128,20018.7%6.6%
Evansville781$65,750$88,20010.4%22.5%
Tiskilwa751$66,786$84,70013.5%18.8%

A note before these figures: with a population of 763, Farmersville'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

Farmersville is a small community located in Illinois, within Montgomery County. The total population is 763. It ranks as the 780th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Farmersville is 37.1 years. This is 5% lower than the state median of 39.0 years. With 33.8% of the population under 18, Farmersville has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Farmersville is $63,750. This is 24% lower than the state median of $83,390. It is also 21% lower than the national median of $80,734. The poverty rate stands at 6.9%. This is 42% lower than the state poverty rate of 11.8%. The unemployment rate is 2.2%. This is 62% lower than the state rate of 5.8%. The median home value is $116,900. Housing costs are 56% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.8x, Farmersville is one of the most affordable housing markets in the area. 79.6% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Farmersville is White (non-Hispanic), making up 84.4% of the population. Hispanic or Latino residents account for 10.9%. The Asian population (0.1%) is well below the state average of 5.9%.

Education

36.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 5% 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 94.1%. Notably, 15.3% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Farmersville, 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.

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Frequently Asked Questions

What is the population of Farmersville, Illinois?

Farmersville, Illinois has a population of 763 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Farmersville, IL?

The median household income in Farmersville is $63,750, which is 21% lower than the national median of $80,734.

What is the poverty rate in Farmersville, IL?

The poverty rate in Farmersville is 6.9%. This means approximately 52 residents live below the federal poverty line.

What is the racial makeup of Farmersville, Illinois?

Farmersville's population is 84.4% White, 0.0% Black, 10.9% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Farmersville, IL?

The median home value in Farmersville is $116,900. The home-value-to-income ratio is 1.8x.

How educated is Farmersville, Illinois?

36.1% of adults (25+) in Farmersville hold a bachelor's degree or higher, and 15.3% hold a graduate or professional degree.