Mahomet village, Illinois Demographics & Population 2026

Population Overview

Mahomet village is a small city located in Illinois. The total population is 9,755. It ranks as the 229th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Mahomet village is 36.5 years. This is 6% lower than the state median of 38.9 years. With 32.3% of the population under 18, Mahomet village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Mahomet village is $114,904. This is 41% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 46% higher. The poverty rate stands at 3.9%. This is 66% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 3.4%. This is 42% lower than the state rate of 5.8%. The median home value is $293,200. Housing costs are 17% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.6x, Mahomet village is one of the most affordable housing markets in the area. 80.6% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.8%.

Race & Ethnicity

Mahomet village has a predominantly White (non-Hispanic) population, comprising 86.0% of all residents. Hispanic or Latino residents account for 6.8%. The Black or African American population (0.7%) is well below the state average of 13.6%. The Hispanic or Latino population (6.8%) is well below the state average of 18.5%.

Education

52.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Mahomet village in the top 10% of all cities in the state for educational attainment. This is 42% higher 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 96.5%. Notably, 24.9% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Mahomet 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.