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Owaneco, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Owaneco, Illinois had a total population of 613, the 863rd largest village in Illinois, with a median household income of $65,313, which is 22% lower than the state average. The poverty rate is 17.5%.

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

Key Takeaways

Owaneco Quick Facts

Population 613
Median Household Income $65,313
Median Home Value $101,700
Poverty Rate 17.5%
Unemployment Rate 5.7%
Median Age 33.5 years
Homeownership Rate 90.0%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 7.7%
High School Graduation Rate 88.5%
Diversity Index 1/100
Population 613 863rd of 1,445
Median Income $65,313 average
Poverty Rate 17.5% 40% higher than national
Median Home Value $101,700 below average

How Owaneco 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
Population744613-17.6%
Median household income$66,875$65,313-2.3%
Median home value$96,300$101,700+5.6%

How Owaneco Compares

Economy & Housing

Household Income Distribution

Under $25K 11.2%
$25K-$50K 25.9%
$50K-$100K 36.5%
$100K+ 26.5%
Detailed income brackets
Under $10K
10.0%
$10K-$15K
0.0%
$15K-$20K
0.0%
$20K-$25K
1.2%
$25K-$30K
1.8%
$30K-$35K
1.8%
$35K-$40K
17.1%
$40K-$45K
1.8%
$45K-$50K
3.5%
$50K-$60K
5.3%
$60K-$75K
14.1%
$75K-$100K
17.1%
$100K-$125K
23.5%
$125K-$150K
1.8%
$150K-$200K
0.0%
$200K+
1.2%

Employment

5.7% Unemployment Rate State: 5.8%|National: 5.2%
51.7% Labor Force Participation

Housing Overview

Owner 90.0%
Renter 10.0%
Affordability Index Very Affordable
1.6x home value to income ratio
Median gross rent $815/mo 15.0% of median household income annually

People & Demographics

Diversity Index

1out 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

Owaneco Rankings in Illinois

#863 Population of 1,445
#769 Median Income of 1,374
#1223 Education of 1,444
#861 Home Value of 1,372

Other Cities in Christian County

CityPopulationMedian IncomePovertyHome Value
Taylorville 10,646 $57,552 12.4% $104,100
Pana 5,217 $46,168 13.4% $77,900
Moweaqua 1,915 $69,625 3.4% $114,500
Kincaid 1,278 $64,821 15.5% $88,100
Assumption 1,205 $57,500 11.7% $89,700
Edinburg 1,195 $89,886 10.3% $117,100
Morrisonville 926 $71,597 17.1% $95,800
Stonington 655 $65,972 10.6% $106,100
Tovey 629 $89,000 5.3% $79,100
Mount Auburn 399 $43,333 16.8% $84,800

Cities Similar to Owaneco

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hoffman607$66,667$106,70011.9%5.6%
Clayton602$66,136$91,5005.7%12.7%
Ohio609$68,594$99,00014.8%18.4%
Sun River Terrace636$65,481$125,00011.1%45.2%
Cisne627$59,926$76,60010.8%6.5%

A note before these figures: with a population of 613, Owaneco'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

Owaneco is a small community located in Illinois, within Christian County. The total population is 613. It ranks as the 863rd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Owaneco is 33.5 years. This is 14% lower than the state median of 39.0 years. With 28.7% of the population under 18, Owaneco has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Owaneco is $65,313. This is 22% lower than the state median of $83,390. It is also 19% lower than the national median of $80,734. The poverty rate stands at 17.5%. This is 48% higher than the state poverty rate of 11.8%. The unemployment rate is 5.7%. This is 3% lower than the state rate of 5.8%. The median home value is $101,700. Housing costs are 61% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.6x, Owaneco is one of the most affordable housing markets in the area. 90.0% of occupied housing units are owner-occupied. This homeownership rate is 34% higher than the state average of 67.1%.

Race & Ethnicity

Every resident counted in Owaneco was recorded as White (non-Hispanic). A figure of exactly 99.7% reflects a survey sample too small to capture the community's full composition rather than a precise measurement.

Education

7.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 80% 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 88.5%.

Data Sources & Methodology

All demographic data for Owaneco, 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 Owaneco, Illinois?

Owaneco, Illinois has a population of 613 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Owaneco, IL?

The median household income in Owaneco is $65,313, which is 19% lower than the national median of $80,734.

What is the poverty rate in Owaneco, IL?

The poverty rate in Owaneco is 17.5%. This means approximately 107 residents live below the federal poverty line.

What is the racial makeup of Owaneco, Illinois?

Owaneco's population is 99.7% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Owaneco, IL?

The median home value in Owaneco is $101,700. The home-value-to-income ratio is 1.6x.

How educated is Owaneco, Illinois?

7.7% of adults (25+) in Owaneco hold a bachelor's degree or higher, and 2.5% hold a graduate or professional degree.