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Lacon city, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

As of 2026, Lacon city, Illinois has a total population of 1,768, the 533rd largest city in Illinois, with a median household income of $60,750, which is 26% lower than the state average. The poverty rate is 14.3%.

Key Takeaways

Lacon city Quick Facts

Population 1,768
Median Household Income $60,750
Median Home Value $111,700
Poverty Rate 14.3%
Unemployment Rate 8.1%
Median Age 41.4 years
Homeownership Rate 73.4%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 12.0%
High School Graduation Rate 94.2%
Diversity Index 6/100
Population 1,768 533rd of 1,445
Median Income $60,750 below average
Poverty Rate 14.3% 15% higher national
Median Home Value $111,700 average

How Lacon city Compares

Economy & Housing

Employment

8.1% Unemployment Rate State: 5.8% | National: 5.2%
52.1% Labor Force Participation

Housing Overview

Owner 73.4%
Renter 26.6%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

6out 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

Lacon city Rankings in Illinois

#533 Population of 1,445
#850 Median Income of 1,445
#1032 Education of 1,445
#728 Home Value of 1,445

Cities Similar to Lacon city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hodgkins village1,766$63,056$39,20012.7%11.8%
Steeleville village1,732$60,982$155,10014.3%13.5%
Atlanta city1,738$64,091$123,40015.0%13.1%
Thornton village1,876$61,111$146,60024.9%15.9%
Prophetstown city1,828$66,797$116,30014.1%10.8%

Population Overview

Lacon city is a small community located in Illinois. The total population is 1,768. It ranks as the 533rd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Lacon city is 41.4 years. This is 6% higher than the state median of 38.9 years. 15.0% 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 Lacon city is $60,750. This is 26% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 23% lower. The poverty rate stands at 14.3%. This is 22% higher than the state poverty rate of 11.7%. The unemployment rate is 8.1%. This is 40% higher than the state rate of 5.8%. The median home value is $111,700. Housing costs are 55% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.8x, Lacon city is one of the most affordable housing markets in the area. 73.4% of occupied housing units are owner-occupied. This homeownership rate is 10% higher than the state average of 66.8%.

Race & Ethnicity

Lacon city has a predominantly White (non-Hispanic) population, comprising 97.0% of all residents. Hispanic or Latino residents account for 1.6%. The White (non-Hispanic) population is significantly higher than the state average (97.0% vs 58.8%). The Black or African American population (0.6%) is well below the state average of 13.6%. The Hispanic or Latino population (1.6%) is well below the state average of 18.5%. The Asian population (0.1%) is well below the state average of 5.8%.

Education

12.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% 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 94.2%.

Data Sources & Methodology

All demographic data for Lacon city, 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 Lacon city, Illinois?

Lacon city, Illinois has a population of 1,768 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Lacon city, IL?

The median household income in Lacon city is $60,750, which is 23% lower the national median of $78,538.

What is the poverty rate in Lacon city, IL?

The poverty rate in Lacon city is 14.3%. This means approximately 240 residents live below the federal poverty line.

What is the racial makeup of Lacon city, Illinois?

Lacon city's population is 97.0% White, 0.6% Black, 1.6% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Lacon city, IL?

The median home value in Lacon city is $111,700. The home-value-to-income ratio is 1.8x.

How educated is Lacon city, Illinois?

12.0% of adults (25+) in Lacon city hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.