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Gillespie, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.1x is exceptionally low

During the 2020–2024 ACS period, Gillespie, Illinois had a total population of 2,815, the 437th largest city in Illinois, with a median household income of $82,772, which is about the same as the state average. The poverty rate is 17.1%.

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

Key Takeaways

Gillespie Quick Facts

Population 2,815
Median Household Income $82,772
Median Home Value $91,000
Poverty Rate 17.1%
Unemployment Rate 4.9%
Median Age 45.3 years
Homeownership Rate 72.6%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 22.1%
High School Graduation Rate 95.2%
Diversity Index 16/100
Population 2,815 437th of 1,445
Median Income $82,772 top 30%
Poverty Rate 17.1% 37% higher than national
Median Home Value $91,000 bottom 30%

How Gillespie 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
Population3,1182,815-9.7%
Median household income$76,806$82,772+7.8%
Median home value$89,500$91,000+1.7%

How Gillespie Compares

Economy & Housing

Household Income Distribution

Under $25K 14.7%
$25K-$50K 20.7%
$50K-$100K 25.6%
$100K+ 39.0%
Detailed income brackets
Under $10K
7.8%
$10K-$15K
2.7%
$15K-$20K
2.4%
$20K-$25K
1.8%
$25K-$30K
4.3%
$30K-$35K
2.8%
$35K-$40K
7.3%
$40K-$45K
6.3%
$45K-$50K
0.0%
$50K-$60K
2.6%
$60K-$75K
4.9%
$75K-$100K
18.1%
$100K-$125K
13.7%
$125K-$150K
9.0%
$150K-$200K
7.6%
$200K+
8.8%

Employment

4.9% Unemployment Rate State: 5.8%|National: 5.2%
61.1% Labor Force Participation

Housing Overview

Owner 72.6%
Renter 27.4%
Affordability Index Very Affordable
1.1x home value to income ratio
Median gross rent $750/mo 10.9% of median household income annually

People & Demographics

Diversity Index

16out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Gillespie Rankings in Illinois

#437 Population of 1,445
#410 Median Income of 1,374
#528 Education of 1,444
#988 Home Value of 1,372

Other Cities in Macoupin County

CityPopulationMedian IncomePovertyHome Value
Carlinville 5,480 $57,708 20.5% $105,700
Staunton 4,298 $57,904 14.5% $143,500
Brighton 2,306 $80,214 10.1% $145,000
Mount Olive 1,872 $55,625 17.8% $94,100
Girard 1,743 $50,300 31.0% $98,100
Benld 1,495 $47,850 15.4% $82,400
Bunker Hill 1,178 $75,917 10.5% $137,500
Shipman 618 $56,771 13.7% $89,400
Wilsonville 505 $45,417 12.5% $85,000
Palmyra 486 $44,276 8.0% $87,500

Cities Similar to Gillespie

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Holiday Shores2,782$86,907$245,10033.4%4.1%
Pawnee2,738$81,103$149,50035.0%14.2%
Ridgewood2,795$92,500$161,30010.8%22.8%
Trenton2,664$80,795$178,20030.7%12.4%
Arcola2,892$89,827$124,10020.9%9.6%

Population Overview

Gillespie is a small community located in Illinois, within Macoupin County. The total population is 2,815. It ranks as the 437th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Gillespie is 45.3 years. This is 16% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Gillespie is $82,772. This is about the same as the state median of $83,390. It is also 3% higher than the national median of $80,734. The poverty rate stands at 17.1%. This is 45% higher than the state poverty rate of 11.8%. The unemployment rate is 4.9%. This is 17% lower than the state rate of 5.8%. The median home value is $91,000. Housing costs are 65% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.1x, Gillespie is one of the most affordable housing markets in the area. 72.6% of occupied housing units are owner-occupied. This homeownership rate is 8% higher than the state average of 67.1%.

Race & Ethnicity

Gillespie has a predominantly White (non-Hispanic) population, comprising 91.2% of all residents. Hispanic or Latino residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (91.2% vs 58.1%). The Hispanic or Latino population (1.0%) is well below the state average of 18.8%.

Education

22.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 41% 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 95.2%.

Data Sources & Methodology

All demographic data for Gillespie, 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 Gillespie, Illinois?

Gillespie, Illinois has a population of 2,815 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gillespie, IL?

The median household income in Gillespie is $82,772, which is 3% higher than the national median of $80,734.

What is the poverty rate in Gillespie, IL?

The poverty rate in Gillespie is 17.1%. This means approximately 481 residents live below the federal poverty line.

What is the racial makeup of Gillespie, Illinois?

Gillespie's population is 91.2% White, 0.0% Black, 1.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Gillespie, IL?

The median home value in Gillespie is $91,000. The home-value-to-income ratio is 1.1x.

How educated is Gillespie, Illinois?

22.1% of adults (25+) in Gillespie hold a bachelor's degree or higher, and 5.9% hold a graduate or professional degree.