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Forest City village, Illinois Demographics & Population 2026

High PovertyPoverty rate of 28.4% is well above the state average
Very AffordableHome value to income ratio of 1.1x is exceptionally low

As of 2026, Forest City village, Illinois has a total population of 225, the 1174th largest city in Illinois, with a median household income of $63,125, which is 23% lower than the state average. The poverty rate is 28.4%.

Key Takeaways

Forest City village Quick Facts

Population 225
Median Household Income $63,125
Median Home Value $70,000
Poverty Rate 28.4%
Unemployment Rate 18.3%
Median Age 38.6 years
Homeownership Rate 71.0%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 13.4%
High School Graduation Rate 91.7%
Diversity Index 19/100
Population 225 1174th of 1,445
Median Income $63,125 average
Poverty Rate 28.4% 129% higher national
Median Home Value $70,000 bottom 20%

How Forest City village Compares

Economy & Housing

Employment

18.3% Unemployment Rate State: 5.8% | National: 5.2%
53.4% Labor Force Participation

Housing Overview

Owner 71.0%
Renter 29.0%
Affordability Index Very Affordable
1.1x home value to income ratio

People & Demographics

Diversity Index

19out 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

Forest City village Rankings in Illinois

#1174 Population of 1,445
#784 Median Income of 1,445
#947 Education of 1,445
#1218 Home Value of 1,445

Cities Similar to Forest City village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
East Carondelet village219$65,417$76,7009.0%14.2%
Seaton village224$69,375$91,00012.2%4.0%
Taylor Ridge CDP237N/A$162,50023.0%0.0%
Coatsburg village230$68,750$69,50014.4%2.2%
Cedar Point village218$59,028$87,3004.0%4.1%

Population Overview

Forest City village is a small community located in Illinois. The total population is 225. It ranks as the 1174th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Forest City village is 38.6 years. This is about average than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Forest City village is $63,125. This is 23% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 20% lower. The poverty rate stands at 28.4%. This is 143% 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 18.3%. This is 215% higher than the state rate of 5.8%. The median home value is $70,000. Housing costs are 72% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.1x, Forest City village is one of the most affordable housing markets in the area. 71.0% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 66.8%.

Race & Ethnicity

Forest City village has a predominantly White (non-Hispanic) population, comprising 89.3% of all residents. Hispanic or Latino residents account for 2.2%. The White (non-Hispanic) population is significantly higher than the state average (89.3% vs 58.8%). The Hispanic or Latino population (2.2%) is well below the state average of 18.5%.

Education

13.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 64% 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 91.7%.

Data Sources & Methodology

All demographic data for Forest City 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 Forest City village, Illinois?

Forest City village, Illinois has a population of 225 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Forest City village, IL?

The median household income in Forest City village is $63,125, which is 20% lower the national median of $78,538.

What is the poverty rate in Forest City village, IL?

The poverty rate in Forest City village is 28.4%. This means approximately 64 residents live below the federal poverty line.

What is the racial makeup of Forest City village, Illinois?

Forest City village's population is 89.3% White, 0.0% Black, 2.2% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Forest City village, IL?

The median home value in Forest City village is $70,000. The home-value-to-income ratio is 1.1x.

How educated is Forest City village, Illinois?

13.4% of adults (25+) in Forest City village hold a bachelor's degree or higher, and 1.3% hold a graduate or professional degree.