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Minonk, Illinois Demographics & Population 2026

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

During the 2020–2024 ACS period, Minonk, Illinois had a total population of 1,941, the 510th largest city in Illinois, with a median household income of $69,352, which is 17% lower than the state average. The poverty rate is 10.3%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Minonk Quick Facts

Population 1,941
Median Household Income $69,352
Median Home Value $120,500
Poverty Rate 10.3%
Unemployment Rate 6.9%
Median Age 45.3 years
Homeownership Rate 73.0%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 20.1%
High School Graduation Rate 91.4%
Diversity Index 9/100
Population 1,941 510th of 1,445
Median Income $69,352 average
Poverty Rate 10.3% 17% lower than national
Median Home Value $120,500 average

How Minonk Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,9091,941+1.7%
Median household income$62,000$69,352+11.9%
Median home value$120,600$120,500-0.1%

How Minonk Compares

Economy & Housing

Household Income Distribution

Under $25K 8.5%
$25K-$50K 24.1%
$50K-$100K 34.4%
$100K+ 33.1%
Detailed income brackets
Under $10K
3.3%
$10K-$15K
0.9%
$15K-$20K
0.0%
$20K-$25K
4.2%
$25K-$30K
10.5%
$30K-$35K
1.3%
$35K-$40K
5.6%
$40K-$45K
2.3%
$45K-$50K
4.4%
$50K-$60K
8.9%
$60K-$75K
10.5%
$75K-$100K
15.0%
$100K-$125K
7.6%
$125K-$150K
9.2%
$150K-$200K
14.6%
$200K+
1.7%

Employment

6.9% Unemployment Rate State: 5.8%|National: 5.2%
65.3% Labor Force Participation

Housing Overview

Owner 73.0%
Renter 27.0%
Affordability Index Very Affordable
1.7x home value to income ratio
Median gross rent $999/mo 17.3% of median household income annually

People & Demographics

Diversity Index

9out of 100
Very Low Diversity

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

State average: 61 | National average: 61

Education

Minonk Rankings in Illinois

#510 Population of 1,445
#673 Median Income of 1,374
#619 Education of 1,444
#702 Home Value of 1,372

Other Cities in Woodford County

CityPopulationMedian IncomePovertyHome Value
Eureka 5,007 $56,048 10.8% $154,300
Metamora 4,159 $129,479 3.6% $201,800
Germantown Hills 3,436 $147,341 5.4% $264,900
Roanoke 1,967 $82,063 5.5% $139,900
Washburn 945 $76,667 7.5% $89,100
Congerville 752 $81,250 1.7% $200,000
Spring Bay 520 $61,389 19.2% $130,200
Benson 428 $76,333 3.5% $114,900
Secor 300 $83,125 10.7% $113,000
Bay View Gardens 281 $52,679 18.9% $122,800

Cities Similar to Minonk

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Moweaqua1,915$69,625$114,50018.4%3.4%
Mackinaw1,979$67,292$158,30023.2%8.2%
Earlville1,942$63,553$142,2009.5%16.5%
Farmer City1,885$67,067$138,50017.5%8.2%
Prophetstown1,903$65,125$116,60014.8%11.7%

Population Overview

Minonk is a small community located in Illinois, within Woodford County. The total population is 1,941. It ranks as the 510th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Minonk is 45.3 years. This is 16% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Minonk is $69,352. This is 17% lower than the state median of $83,390. It is also 14% lower than the national median of $80,734. The poverty rate stands at 10.3%. This is 12% lower than the state poverty rate of 11.8%. The unemployment rate is 6.9%. This is 18% higher than the state rate of 5.8%. The median home value is $120,500. Housing costs are 54% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.7x, Minonk is one of the most affordable housing markets in the area. 73.0% of occupied housing units are owner-occupied. This homeownership rate is 9% higher than the state average of 67.1%.

Race & Ethnicity

Minonk has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Hispanic or Latino residents account for 2.7%. The White (non-Hispanic) population is significantly higher than the state average (95.5% vs 58.1%). The Black or African American population (0.5%) is well below the state average of 13.3%. The Hispanic or Latino population (2.7%) is well below the state average of 18.8%. The Asian population (0.4%) is well below the state average of 5.9%.

Education

20.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 47% 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 91.4%.

Data Sources & Methodology

All demographic data for Minonk, 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 Minonk, Illinois?

Minonk, Illinois has a population of 1,941 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Minonk, IL?

The median household income in Minonk is $69,352, which is 14% lower than the national median of $80,734.

What is the poverty rate in Minonk, IL?

The poverty rate in Minonk is 10.3%. This means approximately 196 residents live below the federal poverty line.

What is the racial makeup of Minonk, Illinois?

Minonk's population is 95.5% White, 0.5% Black, 2.7% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Minonk, IL?

The median home value in Minonk is $120,500. The home-value-to-income ratio is 1.7x.

How educated is Minonk, Illinois?

20.1% of adults (25+) in Minonk hold a bachelor's degree or higher, and 8.9% hold a graduate or professional degree.