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Lanark city, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Lanark city, Illinois has a total population of 1,510, the 583rd largest city in Illinois, with a median household income of $66,250, which is 19% lower than the state average. The poverty rate is 14.3%.

Key Takeaways

Lanark city Quick Facts

Population 1,510
Median Household Income $66,250
Median Home Value $97,100
Poverty Rate 14.3%
Unemployment Rate 2.9%
Median Age 36.9 years
Homeownership Rate 81.0%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 13.6%
High School Graduation Rate 95.7%
Diversity Index 13/100
Population 1,510 583rd of 1,445
Median Income $66,250 average
Poverty Rate 14.3% 15% higher national
Median Home Value $97,100 below average

How Lanark city Compares

Economy & Housing

Employment

2.9% Unemployment Rate State: 5.8% | National: 5.2%
70.6% Labor Force Participation

Housing Overview

Owner 81.0%
Renter 19.0%
Affordability Index Very Affordable
1.5x home value to income ratio

People & Demographics

Diversity Index

13out 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

Lanark city Rankings in Illinois

#583 Population of 1,445
#706 Median Income of 1,445
#934 Education of 1,445
#879 Home Value of 1,445

Cities Similar to Lanark city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mount Pulaski city1,513$70,175$113,40023.6%5.5%
Chenoa city1,559$66,625$120,70022.4%19.1%
Durand village1,485$63,542$130,60016.0%6.7%
Gilman city1,576$65,729$108,90014.2%7.0%
Barry city1,442$66,017$88,60014.7%16.7%

Population Overview

Lanark city is a small community located in Illinois. The total population is 1,510. It ranks as the 583rd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Lanark city is 36.9 years. This is 5% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Lanark city is $66,250. This is 19% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 16% lower. The poverty rate stands at 14.3%. This is 22% higher than the state poverty rate of 11.7%. The unemployment rate is 2.9%. This is 50% lower than the state rate of 5.8%. The median home value is $97,100. Housing costs are 61% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.5x, Lanark city is one of the most affordable housing markets in the area. 81.0% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.8%.

Race & Ethnicity

Lanark city has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Hispanic or Latino residents account for 4.5%. The White (non-Hispanic) population is significantly higher than the state average (93.0% vs 58.8%). The Black or African American population (0.3%) is well below the state average of 13.6%. The Hispanic or Latino population (4.5%) is well below the state average of 18.5%.

Education

13.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% 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 95.7%.

Data Sources & Methodology

All demographic data for Lanark 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 Lanark city, Illinois?

Lanark city, Illinois has a population of 1,510 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Lanark city is $66,250, which is 16% lower the national median of $78,538.

What is the poverty rate in Lanark city, IL?

The poverty rate in Lanark city is 14.3%. This means approximately 215 residents live below the federal poverty line.

What is the racial makeup of Lanark city, Illinois?

Lanark city's population is 93.0% White, 0.3% Black, 4.5% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Lanark city is $97,100. The home-value-to-income ratio is 1.5x.

How educated is Lanark city, Illinois?

13.6% of adults (25+) in Lanark city hold a bachelor's degree or higher, and 4.4% hold a graduate or professional degree.