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Rantoul, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.4x is exceptionally low

During the 2020–2024 ACS period, Rantoul, Illinois had a total population of 12,421, the 192nd largest village in Illinois, with a median household income of $48,691, which is 42% lower than the state average. The poverty rate is 16.9%.

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

Key Takeaways

Rantoul Quick Facts

Population 12,421
Median Household Income $48,691
Median Home Value $118,200
Poverty Rate 16.9%
Unemployment Rate 3.2%
Median Age 36.6 years
Homeownership Rate 55.0%
Affordability Ratio 2.4x
Bachelor's Degree or Higher 12.4%
High School Graduation Rate 93.1%
Diversity Index 65/100
Population 12,421 192nd of 1,445
Median Income $48,691 bottom 20%
Poverty Rate 16.9% 35% higher than national
Median Home Value $118,200 average

How Rantoul 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
Population12,51512,421-0.8%
Median household income$49,821$48,691-2.3%
Median home value$109,200$118,200+8.2%

How Rantoul Compares

Economy & Housing

Household Income Distribution

Under $25K 16.5%
$25K-$50K 35.4%
$50K-$100K 32.3%
$100K+ 15.8%
Detailed income brackets
Under $10K
6.7%
$10K-$15K
4.0%
$15K-$20K
3.6%
$20K-$25K
2.1%
$25K-$30K
7.9%
$30K-$35K
5.9%
$35K-$40K
6.7%
$40K-$45K
6.9%
$45K-$50K
8.0%
$50K-$60K
10.1%
$60K-$75K
9.2%
$75K-$100K
13.0%
$100K-$125K
5.8%
$125K-$150K
5.3%
$150K-$200K
2.2%
$200K+
2.6%

Employment

3.2% Unemployment Rate State: 5.8%|National: 5.2%
55.8% Labor Force Participation

Housing Overview

Owner 55.0%
Renter 45.0%
Affordability Index Very Affordable
2.4x home value to income ratio
Median gross rent $890/mo 21.9% of median household income annually

People & Demographics

Diversity Index

65out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 61 | National average: 61

Education

Rantoul Rankings in Illinois

#192 Population of 1,445
#1188 Median Income of 1,374
#1018 Education of 1,444
#713 Home Value of 1,372

Other Cities in Champaign County

CityPopulationMedian IncomePovertyHome Value
Champaign 89,996 $56,118 25.9% $210,900
Urbana 39,341 $45,346 28.0% $184,900
Mahomet 10,049 $118,586 3.8% $299,100
Savoy 8,968 $91,966 7.9% $320,300
St. Joseph 3,778 $120,789 4.1% $270,900
Tolono 3,566 $69,653 4.6% $208,600
Lake of the Woods 2,091 $61,625 4.7% $193,500
Fisher 1,605 $97,702 2.1% $190,100
Philo 1,487 $105,625 10.3% $205,400
Homer 1,245 $85,875 11.0% $146,200

Cities Similar to Rantoul

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Centralia11,856$47,807$89,60016.4%24.3%
Kewanee11,913$50,886$73,20016.0%17.9%
Justice12,324$57,170$238,40021.0%19.4%
Streator12,330$57,609$94,70012.9%20.3%
Canton13,144$53,254$107,10016.3%15.2%

Population Overview

Rantoul is a small city located in Illinois, within Champaign County. The total population is 12,421. It ranks as the 192nd most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Rantoul is 36.6 years. This is 6% lower than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Rantoul is $48,691. This is 42% lower than the state median of $83,390. It is also 40% lower than the national median of $80,734. The poverty rate stands at 16.9%. This is 43% higher than the state poverty rate of 11.8%. The unemployment rate is 3.2%. This is 45% lower than the state rate of 5.8%. The median home value is $118,200. Housing costs are 55% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.4x, Rantoul is one of the most affordable housing markets in the area. 55.0% of occupied housing units are owner-occupied. This homeownership rate is 18% lower than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Rantoul is White (non-Hispanic), making up 52.0% of the population. Hispanic or Latino residents account for 20.1%. The Asian population (0.9%) is well below the state average of 5.9%.

Education

12.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 67% 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 93.1%.

Data Sources & Methodology

All demographic data for Rantoul, 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 Rantoul, Illinois?

Rantoul, Illinois has a population of 12,421 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Rantoul, IL?

The median household income in Rantoul is $48,691, which is 40% lower than the national median of $80,734.

What is the poverty rate in Rantoul, IL?

The poverty rate in Rantoul is 16.9%. This means approximately 2,063 residents live below the federal poverty line.

What is the racial makeup of Rantoul, Illinois?

Rantoul's population is 52.0% White, 17.9% Black, 20.1% Hispanic/Latino, and 0.9% Asian.

What is the median home value in Rantoul, IL?

The median home value in Rantoul is $118,200. The home-value-to-income ratio is 2.4x.

How educated is Rantoul, Illinois?

12.4% of adults (25+) in Rantoul hold a bachelor's degree or higher, and 4.9% hold a graduate or professional degree.