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Roanoke village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.9x is exceptionally low

As of 2026, Roanoke village, Illinois has a total population of 1,987, the 509th largest city in Illinois, with a median household income of $74,141, which is 9% lower than the state average. The poverty rate is 6.9%.

Key Takeaways

Roanoke village Quick Facts

Population 1,987
Median Household Income $74,141
Median Home Value $139,800
Poverty Rate 6.9%
Unemployment Rate 1.5%
Median Age 40.9 years
Homeownership Rate 79.8%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 24.5%
High School Graduation Rate 94.3%
Diversity Index 21/100
Population 1,987 509th of 1,445
Median Income $74,141 above average
Poverty Rate 6.9% 45% lower national
Median Home Value $139,800 above average

How Roanoke village Compares

Economy & Housing

Employment

1.5% Unemployment Rate State: 5.8% | National: 5.2%
60.7% Labor Force Participation

Housing Overview

Owner 79.8%
Renter 20.2%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

21out 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

Roanoke village Rankings in Illinois

#509 Population of 1,445
#534 Median Income of 1,445
#439 Education of 1,445
#557 Home Value of 1,445

Cities Similar to Roanoke village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Farmer City city2,001$73,147$128,90015.8%9.1%
Lake of the Woods CDP1,976$69,054$194,30038.0%6.9%
Moweaqua village2,093$71,364$110,40016.8%6.8%
Farmington city1,990$64,313$99,30024.0%8.5%
Channel Lake CDP1,988$63,958$210,40019.9%19.4%

Population Overview

Roanoke village is a small community located in Illinois. The total population is 1,987. It ranks as the 509th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Roanoke village is 40.9 years. This is 5% higher than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Roanoke village is $74,141. This is 9% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 6% lower. The poverty rate stands at 6.9%. This is 41% lower than the state poverty rate of 11.7%. The unemployment rate is 1.5%. This is 75% lower than the state rate of 5.8%. The median home value is $139,800. Housing costs are 44% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.9x, Roanoke village is one of the most affordable housing markets in the area. 79.8% of occupied housing units are owner-occupied. This homeownership rate is 19% higher than the state average of 66.8%.

Race & Ethnicity

Roanoke village has a predominantly White (non-Hispanic) population, comprising 88.1% of all residents. Hispanic or Latino residents account for 10.4%.

Education

24.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 34% 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 94.3%.

Data Sources & Methodology

All demographic data for Roanoke 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 Roanoke village, Illinois?

Roanoke village, Illinois has a population of 1,987 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Roanoke village is $74,141, which is 6% lower the national median of $78,538.

What is the poverty rate in Roanoke village, IL?

The poverty rate in Roanoke village is 6.9%. This means approximately 133 residents live below the federal poverty line.

What is the racial makeup of Roanoke village, Illinois?

Roanoke village's population is 88.1% White, 0.0% Black, 10.4% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Roanoke village is $139,800. The home-value-to-income ratio is 1.9x.

How educated is Roanoke village, Illinois?

24.5% of adults (25+) in Roanoke village hold a bachelor's degree or higher, and 5.3% hold a graduate or professional degree.