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Makanda village, Illinois Demographics & Population 2026

As of 2026, Makanda village, Illinois has a total population of 550, the 911th largest city in Illinois, with a median household income of $72,083, which is 12% lower than the state average. The poverty rate is 10.7%.

Key Takeaways

Makanda village Quick Facts

Population 550
Median Household Income $72,083
Median Home Value $241,300
Poverty Rate 10.7%
Unemployment Rate 0.0%
Median Age 50.7 years
Homeownership Rate 79.0%
Affordability Ratio 3.3x
Bachelor's Degree or Higher 60.8%
High School Graduation Rate 97.1%
Diversity Index 31/100
Population 550 911th of 1,445
Median Income $72,083 average
Poverty Rate 10.7% 14% lower national
Median Home Value $241,300 top 20%

How Makanda village Compares

Economy & Housing

Employment

0.0% Unemployment Rate State: 5.8% | National: 5.2%
47.5% Labor Force Participation

Housing Overview

Owner 79.0%
Renter 21.0%
Affordability Index Affordable
3.3x home value to income ratio

People & Demographics

Diversity Index

31out of 100
Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Makanda village Rankings in Illinois

#911 Population of 1,445
#571 Median Income of 1,445
#61 Education of 1,445
#253 Home Value of 1,445

Cities Similar to Makanda village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Creston village547$67,212$162,00031.9%3.3%
Fithian village546$77,292$114,00015.2%10.7%
Franklin village554$66,250$103,30023.4%7.3%
Pesotum village538$76,875$160,80024.7%7.0%
Rest Haven CDP537$67,639$198,2008.6%16.0%

Population Overview

Makanda village is a small community located in Illinois. The total population is 550. It ranks as the 911th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Makanda village is 50.7 years. This is 30% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Makanda village is $72,083. This is 12% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 8% lower. The poverty rate stands at 10.7%. This is 8% lower than the state poverty rate of 11.7%. The unemployment rate is 0.0%. This is 100% lower than the state rate of 5.8%. The median home value is $241,300. Housing costs are 4% lower than the state median of $250,500. The home-value-to-income ratio is 3.3x. 79.0% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Makanda village is White (non-Hispanic), making up 82.2% of the population. Asian residents account for 13.1%. The Black or African American population (0.7%) is well below the state average of 13.6%. The Hispanic or Latino population (1.3%) is well below the state average of 18.5%. The Asian population is significantly higher than the state average (13.1% vs 5.8%).

Education

60.8% of residents aged 25 and older hold a bachelor's degree or higher. This places Makanda village in the top 10% of all cities in the state for educational attainment. This is 64% 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 97.1%. Notably, 27.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Makanda 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.

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Frequently Asked Questions

What is the population of Makanda village, Illinois?

Makanda village, Illinois has a population of 550 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Makanda village, IL?

The median household income in Makanda village is $72,083, which is 8% lower the national median of $78,538.

What is the poverty rate in Makanda village, IL?

The poverty rate in Makanda village is 10.7%. This means approximately 59 residents live below the federal poverty line.

What is the racial makeup of Makanda village, Illinois?

Makanda village's population is 82.2% White, 0.7% Black, 1.3% Hispanic/Latino, and 13.1% Asian.

What is the median home value in Makanda village, IL?

The median home value in Makanda village is $241,300. The home-value-to-income ratio is 3.3x.

How educated is Makanda village, Illinois?

60.8% of adults (25+) in Makanda village hold a bachelor's degree or higher, and 27.4% hold a graduate or professional degree.