Lima village, Illinois Demographics & Population 2026

Population Overview

Lima village is a small community located in Illinois. The total population is 231. It ranks as the 1162nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Lima village is 35.1 years. This is 10% lower than the state median of 38.9 years. With 39.8% of the population under 18, Lima village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Lima village is $71,250. This is 13% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 9% lower. The poverty rate stands at 6.1%. This is 48% lower than the state poverty rate of 11.7%. The unemployment rate is 11.9%. This is 106% higher than the state rate of 5.8%. The median home value is $89,200. Housing costs are 64% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.3x, Lima village is one of the most affordable housing markets in the area. 77.3% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 66.8%.

Race & Ethnicity

Lima village has a predominantly White (non-Hispanic) population, comprising 97.8% of all residents. The White (non-Hispanic) population is significantly higher than the state average (97.8% vs 58.8%).

Education

5.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 86% 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 84.2%.

Data Sources & Methodology

All demographic data for Lima 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.