Shannon village, Illinois Demographics & Population 2026
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
- Housing is very affordable with a home-value-to-income ratio of just 1.9x.
- Near full employment with an unemployment rate of just 2.1%.
Shannon village Quick Facts
How Shannon village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Shannon village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Shannon village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Coulterville village | 770 | $57,813 | $76,100 | 15.7% | 10.7% |
| Farmersville village | 756 | $59,297 | $113,500 | 32.5% | 14.0% |
| Tiskilwa village | 762 | $60,750 | $88,300 | 15.7% | 11.6% |
| Wataga village | 782 | $57,500 | $95,700 | 12.2% | 14.2% |
| Livingston village | 791 | $57,750 | $101,800 | 13.4% | 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.