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Gifford village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.2x is exceptionally low

As of 2026, Gifford village, Illinois has a total population of 816, the 757th largest city in Illinois, with a median household income of $76,875, which is 6% lower than the state average. The poverty rate is 4.4%.

Key Takeaways

Gifford village Quick Facts

Population 816
Median Household Income $76,875
Median Home Value $170,500
Poverty Rate 4.4%
Unemployment Rate 2.1%
Median Age 52.6 years
Homeownership Rate 93.1%
Affordability Ratio 2.2x
Bachelor's Degree or Higher 19.2%
High School Graduation Rate 96.9%
Diversity Index 15/100
Population 816 757th of 1,445
Median Income $76,875 above average
Poverty Rate 4.4% 65% lower national
Median Home Value $170,500 above average

How Gifford village Compares

Economy & Housing

Employment

2.1% Unemployment Rate State: 5.8% | National: 5.2%
56.1% Labor Force Participation

Housing Overview

Owner 93.1%
Renter 6.9%
Affordability Index Very Affordable
2.2x home value to income ratio

People & Demographics

Diversity Index

15out 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

Gifford village Rankings in Illinois

#757 Population of 1,445
#470 Median Income of 1,445
#642 Education of 1,445
#431 Home Value of 1,445

Cities Similar to Gifford village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Alpha village801$75,139$115,70020.7%1.4%
Bonnie Brae CDP844$76,483$224,20022.2%5.3%
Argenta village838$75,313$107,20016.4%6.0%
Hennepin village790$78,594$166,70024.1%7.3%
Newman city796$73,526$106,70020.4%7.8%

Population Overview

Gifford village is a small community located in Illinois. The total population is 816. It ranks as the 757th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Gifford village is 52.6 years. This is 35% higher than the state median of 38.9 years. 18.8% 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 Gifford village is $76,875. This is 6% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 2% lower. The poverty rate stands at 4.4%. This is 63% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.1%. This is 64% lower than the state rate of 5.8%. The median home value is $170,500. Housing costs are 32% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.2x, Gifford village is one of the most affordable housing markets in the area. 93.1% of occupied housing units are owner-occupied. This homeownership rate is 39% higher than the state average of 66.8%.

Race & Ethnicity

Gifford village has a predominantly White (non-Hispanic) population, comprising 91.4% of all residents. Hispanic or Latino residents account for 1.2%. The White (non-Hispanic) population is significantly higher than the state average (91.4% vs 58.8%). The Hispanic or Latino population (1.2%) is well below the state average of 18.5%.

Education

19.2% of residents aged 25 and older hold a bachelor's degree or higher. This is 48% 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 96.9%.

Data Sources & Methodology

All demographic data for Gifford 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 Gifford village, Illinois?

Gifford village, Illinois has a population of 816 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Gifford village is $76,875, which is 2% lower the national median of $78,538.

What is the poverty rate in Gifford village, IL?

The poverty rate in Gifford village is 4.4%. This means approximately 31 residents live below the federal poverty line.

What is the racial makeup of Gifford village, Illinois?

Gifford village's population is 91.4% White, 0.0% Black, 1.2% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Gifford village is $170,500. The home-value-to-income ratio is 2.2x.

How educated is Gifford village, Illinois?

19.2% of adults (25+) in Gifford village hold a bachelor's degree or higher, and 6.9% hold a graduate or professional degree.