Forrest village, Illinois Demographics & Population 2026
As of 2026, Forrest village, Illinois has a total population of 1,008, the 695th largest city in Illinois, with a median household income of $70,417, which is 14% lower than the state average. The poverty rate is 14.7%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.5x.
- Near full employment with an unemployment rate of just 0.6%.
Forrest village Quick Facts
How Forrest village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Forrest village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Forrest village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Macon city | 1,035 | $74,063 | $109,500 | 11.6% | 5.7% |
| Orangeville village | 957 | $70,833 | $135,600 | 19.5% | 13.4% |
| Minier village | 999 | $77,500 | $138,200 | 28.5% | 7.7% |
| Annawan town | 955 | $71,250 | $138,200 | 29.9% | 6.2% |
| Beckemeyer village | 1,024 | $64,231 | $112,500 | 10.9% | 6.3% |
Population Overview
Forrest village is a small community located in Illinois. The total population is 1,008. It ranks as the 695th most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Forrest village is 32.6 years. This is 16% lower than the state median of 38.9 years.
Economy, Income & Housing
The median household income in Forrest village is $70,417. This is 14% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 10% lower. The poverty rate stands at 14.7%. This is 25% higher than the state poverty rate of 11.7%. The unemployment rate is 0.6%. This is 89% lower than the state rate of 5.8%. The median home value is $104,000. Housing costs are 58% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.5x, Forrest village is one of the most affordable housing markets in the area. 79.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.8%.
Race & Ethnicity
Forrest village has a predominantly White (non-Hispanic) population, comprising 92.9% of all residents. Hispanic or Latino residents account for 3.7%. The White (non-Hispanic) population is significantly higher than the state average (92.9% vs 58.8%). The Hispanic or Latino population (3.7%) is well below the state average of 18.5%.
Education
18.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 50% 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 90.1%.
Data Sources & Methodology
All demographic data for Forrest 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.
Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Forrest village, Illinois?
Forrest village, Illinois has a population of 1,008 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Forrest village, IL?
The median household income in Forrest village is $70,417, which is 10% lower the national median of $78,538.
What is the poverty rate in Forrest village, IL?
The poverty rate in Forrest village is 14.7%. This means approximately 147 residents live below the federal poverty line.
What is the racial makeup of Forrest village, Illinois?
Forrest village's population is 92.9% White, 0.0% Black, 3.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Forrest village, IL?
The median home value in Forrest village is $104,000. The home-value-to-income ratio is 1.5x.
How educated is Forrest village, Illinois?
18.5% of adults (25+) in Forrest village hold a bachelor's degree or higher, and 6.3% hold a graduate or professional degree.