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Mineral village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Mineral village, Illinois has a total population of 179, the 1240th largest city in Illinois, with a median household income of $51,250, which is 37% lower than the state average. The poverty rate is 21.8%.

Key Takeaways

Mineral village Quick Facts

Population 179
Median Household Income $51,250
Median Home Value $73,900
Poverty Rate 21.8%
Unemployment Rate 5.0%
Median Age 49.3 years
Homeownership Rate 87.6%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 4.7%
High School Graduation Rate 91.3%
Diversity Index 5/100
Population 179 1240th of 1,445
Median Income $51,250 bottom 20%
Poverty Rate 21.8% 75% higher national
Median Home Value $73,900 bottom 20%

How Mineral village Compares

Economy & Housing

Employment

5.0% Unemployment Rate State: 5.8% | National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 87.6%
Renter 12.4%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

5out 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

Mineral village Rankings in Illinois

#1240 Population of 1,445
#1114 Median Income of 1,445
#1319 Education of 1,445
#1174 Home Value of 1,445

Cities Similar to Mineral village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Nora village178$52,112$73,80013.1%5.6%
Lowpoint CDP184N/A$76,0004.5%24.5%
Holcomb CDP175$54,250$130,5008.2%32.3%
Alsey village184$48,750$53,00016.1%17.4%
Standard City village187$49,583$81,3002.6%10.7%

Population Overview

Mineral village is a small community located in Illinois. The total population is 179. It ranks as the 1240th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Mineral village is 49.3 years. This is 27% higher than the state median of 38.9 years. 10.1% 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 Mineral village is $51,250. This is 37% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 35% lower. The poverty rate stands at 21.8%. This is 86% higher than the state poverty rate of 11.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 5.0%. This is 15% lower than the state rate of 5.8%. The median home value is $73,900. Housing costs are 70% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.4x, Mineral village is one of the most affordable housing markets in the area. 87.6% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 66.8%.

Race & Ethnicity

Mineral village has a predominantly White (non-Hispanic) population, comprising 97.2% of all residents. Black or African American residents account for 2.8%. The White (non-Hispanic) population is significantly higher than the state average (97.2% vs 58.8%). The Black or African American population (2.8%) is well below the state average of 13.6%.

Education

4.7% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 87% 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 91.3%.

Data Sources & Methodology

All demographic data for Mineral 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 Mineral village, Illinois?

Mineral village, Illinois has a population of 179 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Mineral village is $51,250, which is 35% lower the national median of $78,538.

What is the poverty rate in Mineral village, IL?

The poverty rate in Mineral village is 21.8%. This means approximately 39 residents live below the federal poverty line.

What is the racial makeup of Mineral village, Illinois?

Mineral village's population is 97.2% White, 2.8% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Mineral village is $73,900. The home-value-to-income ratio is 1.4x.

How educated is Mineral village, Illinois?

4.7% of adults (25+) in Mineral village hold a bachelor's degree or higher, and 1.6% hold a graduate or professional degree.