Mill Shoals, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Mill Shoals, Illinois had a total population of 126, the 1303rd largest village in Illinois, with a median household income of $58,875, which is 29% lower than the state average. The poverty rate is 13.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.1x.
Mill Shoals Quick Facts
How Mill Shoals Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 138 | 126 | -8.7% |
| Median household income | $58,542 | $58,875 | +0.6% |
| Median home value | $60,000 | $65,800 | +9.7% |
How Mill Shoals Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Mill Shoals Rankings in Illinois
Explore Illinois Rankings
Other Cities in Wayne County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Fairfield | 4,561 | $41,989 | 17.7% | $88,800 |
| Wayne City | 920 | $54,643 | 14.5% | $98,300 |
| Cisne | 627 | $59,926 | 6.5% | $76,600 |
| Jeffersonville | 263 | $49,583 | 15.3% | $56,400 |
| Mount Erie | 135 | N/A | 30.5% | $94,300 |
| Sims | 123 | $48,194 | 11.4% | $44,200 |
| Golden Gate | 87 | $16,020 | 27.6% | N/A |
| Johnsonville | 72 | $55,313 | 48.6% | N/A |
| Keenes | 58 | $59,375 | 20.7% | N/A |
Cities Similar to Mill Shoals
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Walnut Hill | 127 | N/A | $31,600 | 9.1% | 47.2% |
| Old Ripley | 125 | $62,188 | $81,300 | 2.9% | 13.6% |
| Eagle Lake | 131 | N/A | N/A | 26.7% | 0.0% |
| Kingston | 132 | N/A | N/A | 14.3% | 82.6% |
| Otterville | 126 | $65,991 | $66,000 | 1.7% | 12.8% |
A note before these figures: with a population of 126, Mill Shoals's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Mill Shoals is a small community located in Illinois, within Wayne County. The total population is 126. It ranks as the 1303rd most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Mill Shoals is 56.5 years. This is 45% higher than the state median of 39.0 years. Only 10.3% of residents are under 18, indicating fewer families with children. 14.3% 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 is $58,875. This is 29% lower than the state median of $83,390. It is also 27% lower than the national median of $80,734. The poverty rate stands at 13.5%. This is 14% higher than the state poverty rate of 11.8%. The unemployment rate is 3.8%. This is 35% lower than the state rate of 5.8%. The median home value is $65,800. Housing costs are 75% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.1x, Mill Shoals is one of the most affordable housing markets in the area. 91.0% of occupied housing units are owner-occupied. This homeownership rate is 36% higher than the state average of 67.1%.
Race & Ethnicity
Mill Shoals has a predominantly White (non-Hispanic) population, comprising 96.0% of all residents. Asian residents account for 3.2%. The White (non-Hispanic) population is significantly higher than the state average (96.0% vs 58.1%). The Hispanic or Latino population (0.8%) is well below the state average of 18.8%.
Education
17.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 84.5%.
Data Sources & Methodology
All demographic data for Mill Shoals, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Mill Shoals, Illinois?
Mill Shoals, Illinois has a population of 126 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Mill Shoals, IL?
The median household income in Mill Shoals is $58,875, which is 27% lower than the national median of $80,734.
What is the poverty rate in Mill Shoals, IL?
The poverty rate in Mill Shoals is 13.5%. This means approximately 17 residents live below the federal poverty line.
What is the racial makeup of Mill Shoals, Illinois?
Mill Shoals's population is 96.0% White, 0.0% Black, 0.8% Hispanic/Latino, and 3.2% Asian.
What is the median home value in Mill Shoals, IL?
The median home value in Mill Shoals is $65,800. The home-value-to-income ratio is 1.1x.
How educated is Mill Shoals, Illinois?
17.5% of adults (25+) in Mill Shoals hold a bachelor's degree or higher, and 6.8% hold a graduate or professional degree.