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Shannon, Illinois Demographics & Population 2026

During the 2020–2024 ACS period, Shannon, Illinois had a total population of 772, the 776th largest village in Illinois, with a median household income of $58,929, which is 29% lower than the state average. The poverty rate is 9.7%.

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

Key Takeaways

Shannon Quick Facts

Population 772
Median Household Income $58,929
Median Home Value $115,100
Poverty Rate 9.7%
Unemployment Rate 1.4%
Median Age 51.8 years
Homeownership Rate 87.7%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 16.7%
High School Graduation Rate 95.6%
Diversity Index 12/100
Population 772 776th of 1,445
Median Income $58,929 below average
Poverty Rate 9.7% 22% lower than national
Median Home Value $115,100 average

How Shannon 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
Population772772+0.0%
Median household income$59,375$58,929-0.8%
Median home value$114,100$115,100+0.9%

How Shannon Compares

Economy & Housing

Household Income Distribution

Under $25K 17.3%
$25K-$50K 27.8%
$50K-$100K 26.7%
$100K+ 28.3%
Detailed income brackets
Under $10K
5.2%
$10K-$15K
2.1%
$15K-$20K
3.7%
$20K-$25K
6.3%
$25K-$30K
1.8%
$30K-$35K
16.5%
$35K-$40K
5.0%
$40K-$45K
1.3%
$45K-$50K
3.1%
$50K-$60K
6.5%
$60K-$75K
6.5%
$75K-$100K
13.6%
$100K-$125K
10.7%
$125K-$150K
5.8%
$150K-$200K
8.4%
$200K+
3.4%

Employment

1.4% Unemployment Rate State: 5.8%|National: 5.2%
56.7% Labor Force Participation

Housing Overview

Owner 87.7%
Renter 12.3%
Affordability Index Very Affordable
2.0x home value to income ratio
Median gross rent $604/mo 12.3% of median household income annually

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 61 | National average: 61

Education

Shannon Rankings in Illinois

#776 Population of 1,445
#954 Median Income of 1,374
#784 Education of 1,444
#737 Home Value of 1,372

Other Cities in Carroll County

CityPopulationMedian IncomePovertyHome Value
Savanna 2,816 $48,036 18.6% $72,400
Thomson 1,757 $61,250 21.3% $117,000
Lanark 1,541 $59,375 12.7% $96,600
Mount Carroll 1,501 $58,500 14.1% $86,600
Milledgeville 1,218 $59,417 11.3% $94,200
Lake Carroll 853 $108,750 5.5% $348,500
Chadwick 591 $78,688 3.4% $85,700

Cities Similar to Shannon

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Mulberry Grove765$57,386$88,80011.1%16.6%
Loami782$57,813$131,90022.9%12.9%
Elizabeth775$56,250$135,90025.2%8.0%
Albany776$62,857$148,80019.0%4.0%
Stewardson756$61,875$109,50021.3%9.4%

A note before these figures: with a population of 772, Shannon's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Shannon is a small community located in Illinois, within Carroll County. The total population is 772. It ranks as the 776th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Shannon is 51.8 years. This is 33% higher than the state median of 39.0 years. 14.1% 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 is $58,929. This is 29% lower than the state median of $83,390. It is also 27% lower than the national median of $80,734. The poverty rate stands at 9.7%. This is 18% lower than the state poverty rate of 11.8%. The unemployment rate is 1.4%. This is 77% lower than the state rate of 5.8%. The median home value is $115,100. Housing costs are 56% lower than the state median of $263,300. With a home-value-to-income ratio of just 2.0x, Shannon is one of the most affordable housing markets in the area. 87.7% of occupied housing units are owner-occupied. This homeownership rate is 31% higher than the state average of 67.1%.

Race & Ethnicity

Shannon has a predominantly White (non-Hispanic) population, comprising 93.5% of all residents. Hispanic or Latino residents account for 1.9%. The White (non-Hispanic) population is significantly higher than the state average (93.5% vs 58.1%). The Black or African American population (0.1%) is well below the state average of 13.3%. The Hispanic or Latino population (1.9%) is well below the state average of 18.8%. The Asian population (0.4%) is well below the state average of 5.9%.

Education

16.7% of residents aged 25 and older hold a bachelor's degree or higher. This is 56% 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 95.6%.

Data Sources & Methodology

All demographic data for Shannon, 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 Shannon, Illinois?

Shannon, 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, IL?

The median household income in Shannon is $58,929, which is 27% lower than the national median of $80,734.

What is the poverty rate in Shannon, IL?

The poverty rate in Shannon is 9.7%. This means approximately 74 residents live below the federal poverty line.

What is the racial makeup of Shannon, Illinois?

Shannon's population is 93.5% White, 0.1% Black, 1.9% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Shannon, IL?

The median home value in Shannon is $115,100. The home-value-to-income ratio is 2.0x.

How educated is Shannon, Illinois?

16.7% of adults (25+) in Shannon hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.