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Gilman, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

During the 2020–2024 ACS period, Gilman, Illinois had a total population of 1,612, the 558th largest city in Illinois, with a median household income of $70,750, which is 15% lower than the state average. The poverty rate is 6.0%.

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

Key Takeaways

Gilman Quick Facts

Population 1,612
Median Household Income $70,750
Median Home Value $120,500
Poverty Rate 6.0%
Unemployment Rate 6.9%
Median Age 41.8 years
Homeownership Rate 78.9%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 16.3%
High School Graduation Rate 85.7%
Diversity Index 37/100
Population 1,612 558th of 1,445
Median Income $70,750 average
Poverty Rate 6.0% 51% lower than national
Median Home Value $120,500 average

How Gilman 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
Population1,5761,612+2.3%
Median household income$65,729$70,750+7.6%
Median home value$108,900$120,500+10.7%

How Gilman Compares

Economy & Housing

Household Income Distribution

Under $25K 17.3%
$25K-$50K 14.9%
$50K-$100K 38.3%
$100K+ 29.4%
Detailed income brackets
Under $10K
3.5%
$10K-$15K
0.9%
$15K-$20K
7.1%
$20K-$25K
5.9%
$25K-$30K
0.4%
$30K-$35K
4.4%
$35K-$40K
2.7%
$40K-$45K
3.8%
$45K-$50K
3.6%
$50K-$60K
5.1%
$60K-$75K
16.4%
$75K-$100K
16.7%
$100K-$125K
6.2%
$125K-$150K
11.6%
$150K-$200K
10.9%
$200K+
0.8%

Employment

6.9% Unemployment Rate State: 5.8%|National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 78.9%
Renter 21.1%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $733/mo 12.4% of median household income annually

People & Demographics

Diversity Index

37out 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

Gilman Rankings in Illinois

#558 Population of 1,445
#644 Median Income of 1,374
#808 Education of 1,444
#702 Home Value of 1,372

Other Cities in Iroquois County

CityPopulationMedian IncomePovertyHome Value
Watseka 4,780 $43,608 23.4% $103,700
Onarga 1,430 $78,352 8.6% $99,300
Clifton 1,385 $92,344 11.9% $205,400
Sheldon 1,195 $44,280 19.2% $78,000
Milford 1,052 $46,827 26.8% $74,600
Ashkum 918 $78,365 5.2% $150,600
Cissna Park 903 $56,667 14.6% $130,300
Danforth 611 $54,625 26.7% $151,200
Crescent City 456 $58,333 3.5% $116,500
Buckley 422 $53,500 15.4% $96,800

Cities Similar to Gilman

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Durand1,592$65,688$135,50020.3%7.0%
Harristown1,550$72,426$117,70013.2%9.5%
Manito1,692$71,920$112,60016.9%8.3%
Crainville1,641$65,461$185,30036.5%10.2%
Chenoa1,647$65,769$124,70024.5%21.3%

Population Overview

Gilman is a small community located in Illinois, within Iroquois County. The total population is 1,612. It ranks as the 558th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Gilman is 41.8 years. This is 7% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Gilman is $70,750. This is 15% lower than the state median of $83,390. It is also 12% lower than the national median of $80,734. The poverty rate stands at 6.0%. This is 49% lower than the state poverty rate of 11.8%. The unemployment rate is 6.9%. This is 17% higher than the state rate of 5.8%. The median home value is $120,500. Housing costs are 54% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.7x, Gilman is one of the most affordable housing markets in the area. 78.9% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Gilman is White (non-Hispanic), making up 76.5% of the population. Hispanic or Latino residents account for 21.6%. The Black or African American population (0.8%) is well below the state average of 13.3%. The Asian population (0.3%) is well below the state average of 5.9%.

Education

16.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% 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 85.7%.

Data Sources & Methodology

All demographic data for Gilman, 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 Gilman, Illinois?

Gilman, Illinois has a population of 1,612 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Gilman, IL?

The median household income in Gilman is $70,750, which is 12% lower than the national median of $80,734.

What is the poverty rate in Gilman, IL?

The poverty rate in Gilman is 6.0%. This means approximately 93 residents live below the federal poverty line.

What is the racial makeup of Gilman, Illinois?

Gilman's population is 76.5% White, 0.8% Black, 21.6% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Gilman, IL?

The median home value in Gilman is $120,500. The home-value-to-income ratio is 1.7x.

How educated is Gilman, Illinois?

16.3% of adults (25+) in Gilman hold a bachelor's degree or higher, and 4.5% hold a graduate or professional degree.