Ransom village, Illinois Demographics & Population 2026

Population Overview

Ransom village is a small community located in Illinois. The total population is 312. It ranks as the 1079th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Ransom village is 35.5 years. This is 9% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Ransom village is $69,250. This is 15% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 12% lower. The poverty rate stands at 14.7%. This is 26% higher than the state poverty rate of 11.7%. The unemployment rate is 2.3%. This is 61% lower than the state rate of 5.8%. The median home value is $101,500. Housing costs are 59% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.5x, Ransom village is one of the most affordable housing markets in the area. 82.5% of occupied housing units are owner-occupied. This homeownership rate is 23% higher than the state average of 66.8%.

Race & Ethnicity

Ransom village has a predominantly White (non-Hispanic) population, comprising 86.9% of all residents. Hispanic or Latino residents account for 10.6%. The Asian population (0.3%) is well below the state average of 5.8%.

Education

14.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 61% 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 96.7%.

Data Sources & Methodology

All demographic data for Ransom 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.