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Shannon village, Illinois Demographics & Population 2026

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

As of 2026, Shannon village, Illinois has a total population of 772, the 778th largest city in Illinois, with a median household income of $59,375, which is 27% lower than the state average. The poverty rate is 8.8%.

Key Takeaways

Shannon village Quick Facts

Population 772
Median Household Income $59,375
Median Home Value $114,100
Poverty Rate 8.8%
Unemployment Rate 2.1%
Median Age 49.1 years
Homeownership Rate 87.4%
Affordability Ratio 1.9x
Bachelor's Degree or Higher 15.9%
High School Graduation Rate 96.2%
Diversity Index 16/100
Population 772 778th of 1,445
Median Income $59,375 below average
Poverty Rate 8.8% 29% lower national
Median Home Value $114,100 average

How Shannon village Compares

Economy & Housing

Employment

2.1% Unemployment Rate State: 5.8% | National: 5.2%
59.8% Labor Force Participation

Housing Overview

Owner 87.4%
Renter 12.6%
Affordability Index Very Affordable
1.9x home value to income ratio

People & Demographics

Diversity Index

16out 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

Shannon village Rankings in Illinois

#778 Population of 1,445
#883 Median Income of 1,445
#813 Education of 1,445
#714 Home Value of 1,445

Cities Similar to Shannon village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Coulterville village770$57,813$76,10015.7%10.7%
Farmersville village756$59,297$113,50032.5%14.0%
Tiskilwa village762$60,750$88,30015.7%11.6%
Wataga village782$57,500$95,70012.2%14.2%
Livingston village791$57,750$101,80013.4%8.0%

Population Overview

Shannon village is a small community located in Illinois. The total population is 772. It ranks as the 778th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Shannon village is 49.1 years. This is 26% higher than the state median of 38.9 years. 14.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Shannon village is $59,375. This is 27% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 24% lower. The poverty rate stands at 8.8%. This is 25% lower than the state poverty rate of 11.7%. The unemployment rate is 2.1%. This is 64% lower than the state rate of 5.8%. The median home value is $114,100. Housing costs are 54% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.9x, Shannon village is one of the most affordable housing markets in the area. 87.4% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 66.8%.

Race & Ethnicity

Shannon village has a predominantly White (non-Hispanic) population, comprising 91.6% of all residents. Hispanic or Latino residents account for 3.2%. The White (non-Hispanic) population is significantly higher than the state average (91.6% vs 58.8%). The Hispanic or Latino population (3.2%) is well below the state average of 18.5%. The Asian population (0.7%) is well below the state average of 5.8%.

Education

15.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 57% 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 96.2%.

Data Sources & Methodology

All demographic data for Shannon 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 Shannon village, Illinois?

Shannon village, Illinois has a population of 772 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Shannon village is $59,375, which is 24% lower the national median of $78,538.

What is the poverty rate in Shannon village, IL?

The poverty rate in Shannon village is 8.8%. This means approximately 68 residents live below the federal poverty line.

What is the racial makeup of Shannon village, Illinois?

Shannon village's population is 91.6% White, 0.0% Black, 3.2% Hispanic/Latino, and 0.7% Asian.

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

The median home value in Shannon village is $114,100. The home-value-to-income ratio is 1.9x.

How educated is Shannon village, Illinois?

15.9% of adults (25+) in Shannon village hold a bachelor's degree or higher, and 5.0% hold a graduate or professional degree.