Mill Shoals village, Illinois Demographics & Population 2026

Population Overview

Mill Shoals village is a small community located in Illinois. The total population is 138. It ranks as the 1295th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Mill Shoals village is 39.4 years. This is 1% higher than the state median of 38.9 years. 10.9% 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 Mill Shoals village is $58,542. This is 28% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 25% lower. The poverty rate stands at 9.4%. This is 20% 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 $60,000. Housing costs are 76% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.0x, Mill Shoals village is one of the most affordable housing markets in the area. 96.9% of occupied housing units are owner-occupied. This homeownership rate is 45% higher than the state average of 66.8%.

Race & Ethnicity

Mill Shoals village has a predominantly White (non-Hispanic) population, comprising 99.3% of all residents. Hispanic or Latino residents account for 0.7%. The White (non-Hispanic) population is significantly higher than the state average (99.3% vs 58.8%). The Hispanic or Latino population (0.7%) is well below the state average of 18.5%.

Education

9.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 76% 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 86.0%.

Data Sources & Methodology

All demographic data for Mill Shoals 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.