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Matherville village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Matherville village, Illinois has a total population of 703, the 826th largest city in Illinois, with a median household income of $80,714, which is 1% lower than the state average. The poverty rate is 10.5%.

Key Takeaways

Matherville village Quick Facts

Population 703
Median Household Income $80,714
Median Home Value $136,200
Poverty Rate 10.5%
Unemployment Rate 6.0%
Median Age 36.7 years
Homeownership Rate 82.4%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 17.7%
High School Graduation Rate 88.6%
Diversity Index 13/100
Population 703 826th of 1,445
Median Income $80,714 top 30%
Poverty Rate 10.5% 15% lower national
Median Home Value $136,200 average

How Matherville village Compares

Economy & Housing

Employment

6.0% Unemployment Rate State: 5.8% | National: 5.2%
61.3% Labor Force Participation

Housing Overview

Owner 82.4%
Renter 17.6%
Affordability Index Very Affordable
1.7x 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

Matherville village Rankings in Illinois

#826 Population of 1,445
#414 Median Income of 1,445
#720 Education of 1,445
#572 Home Value of 1,445

Cities Similar to Matherville village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Tovey village707$81,250$78,20010.9%4.4%
Alexis village719$79,583$89,90019.8%5.9%
Sherrard village705$86,932$130,40011.0%7.5%
Tonica village732$80,795$122,50023.8%10.6%
Congerville village723$78,649$201,90022.1%0.9%

Population Overview

Matherville village is a small community located in Illinois. The total population is 703. It ranks as the 826th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Matherville village is 36.7 years. This is 6% lower than the state median of 38.9 years. 12.2% 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 Matherville village is $80,714. This is 1% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 3% higher. The poverty rate stands at 10.5%. This is 10% lower than the state poverty rate of 11.7%. The unemployment rate is 6.0%. This is 4% higher than the state rate of 5.8%. The median home value is $136,200. Housing costs are 46% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.7x, Matherville village is one of the most affordable housing markets in the area. 82.4% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 66.8%.

Race & Ethnicity

Matherville village has a predominantly White (non-Hispanic) population, comprising 93.0% of all residents. Hispanic or Latino residents account for 4.1%. The White (non-Hispanic) population is significantly higher than the state average (93.0% vs 58.8%). The Black or African American population (1.4%) is well below the state average of 13.6%. The Hispanic or Latino population (4.1%) is well below the state average of 18.5%.

Education

17.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 52% 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 88.6%.

Data Sources & Methodology

All demographic data for Matherville 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 Matherville village, Illinois?

Matherville village, Illinois has a population of 703 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Matherville village is $80,714, which is 3% higher the national median of $78,538.

What is the poverty rate in Matherville village, IL?

The poverty rate in Matherville village is 10.5%. This means approximately 74 residents live below the federal poverty line.

What is the racial makeup of Matherville village, Illinois?

Matherville village's population is 93.0% White, 1.4% Black, 4.1% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Matherville village is $136,200. The home-value-to-income ratio is 1.7x.

How educated is Matherville village, Illinois?

17.7% of adults (25+) in Matherville village hold a bachelor's degree or higher, and 5.2% hold a graduate or professional degree.