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Sheldon, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.8x is exceptionally low

During the 2020–2024 ACS period, Sheldon, Illinois had a total population of 1,195, the 650th largest village in Illinois, with a median household income of $44,280, which is 47% lower than the state average. The poverty rate is 19.2%.

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

Key Takeaways

Sheldon Quick Facts

Population 1,195
Median Household Income $44,280
Median Home Value $78,000
Poverty Rate 19.2%
Unemployment Rate 18.3%
Median Age 43.5 years
Homeownership Rate 68.4%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 7.9%
High School Graduation Rate 77.0%
Diversity Index 8/100
Population 1,195 650th of 1,445
Median Income $44,280 bottom 10%
Poverty Rate 19.2% 54% higher than national
Median Home Value $78,000 bottom 20%

How Sheldon 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
Population1,3091,195-8.7%
Median household income$43,942$44,280+0.8%
Median home value$75,200$78,000+3.7%

How Sheldon Compares

Economy & Housing

Household Income Distribution

Under $25K 31.8%
$25K-$50K 25.9%
$50K-$100K 17.2%
$100K+ 25.1%
Detailed income brackets
Under $10K
5.6%
$10K-$15K
3.5%
$15K-$20K
3.1%
$20K-$25K
19.6%
$25K-$30K
1.1%
$30K-$35K
3.3%
$35K-$40K
6.9%
$40K-$45K
8.7%
$45K-$50K
6.0%
$50K-$60K
1.6%
$60K-$75K
8.9%
$75K-$100K
6.7%
$100K-$125K
9.4%
$125K-$150K
5.1%
$150K-$200K
7.3%
$200K+
3.3%

Employment

18.3% Unemployment Rate State: 5.8%|National: 5.2%
66.3% Labor Force Participation

Housing Overview

Owner 68.4%
Renter 31.6%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $801/mo 21.7% of median household income annually

People & Demographics

Diversity Index

8out 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

Sheldon Rankings in Illinois

#650 Population of 1,445
#1270 Median Income of 1,374
#1216 Education of 1,444
#1141 Home Value of 1,372

Other Cities in Iroquois County

CityPopulationMedian IncomePovertyHome Value
Watseka 4,780 $43,608 23.4% $103,700
Gilman 1,612 $70,750 6.0% $120,500
Onarga 1,430 $78,352 8.6% $99,300
Clifton 1,385 $92,344 11.9% $205,400
Milford 1,052 $46,827 26.8% $74,600
Ashkum 918 $78,365 5.2% $150,600
Cissna Park 903 $56,667 14.6% $130,300
Danforth 611 $54,625 26.7% $151,200
Crescent City 456 $58,333 3.5% $116,500
Buckley 422 $53,500 15.4% $96,800

Cities Similar to Sheldon

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bethany1,176$44,583$106,20022.1%12.3%
Louisville1,163$43,750$87,10014.4%30.6%
Cobden1,170$46,458$98,30020.5%28.8%
St. Elmo1,257$45,294$82,6006.2%27.8%
Grandview1,243$48,819$71,50011.8%26.6%

Population Overview

Sheldon is a small community located in Illinois, within Iroquois County. The total population is 1,195. It ranks as the 650th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Sheldon is 43.5 years. This is 12% higher than the state median of 39.0 years.

Economy, Income & Housing

The median household income in Sheldon is $44,280. This is 47% lower than the state median of $83,390. It is also 45% lower than the national median of $80,734. The poverty rate stands at 19.2%. This is 63% higher than the state poverty rate of 11.8%. The unemployment rate is 18.3%. This is 214% higher than the state rate of 5.8%. The median home value is $78,000. Housing costs are 70% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.8x, Sheldon is one of the most affordable housing markets in the area. 68.4% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 67.1%.

Race & Ethnicity

Sheldon has a predominantly White (non-Hispanic) population, comprising 95.9% of all residents. Hispanic or Latino residents account for 3.4%. The White (non-Hispanic) population is significantly higher than the state average (95.9% vs 58.1%). The Hispanic or Latino population (3.4%) is well below the state average of 18.8%. The Asian population (0.1%) is well below the state average of 5.9%.

Education

7.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 79% 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 77.0%.

Data Sources & Methodology

All demographic data for Sheldon, 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 Sheldon, Illinois?

Sheldon, Illinois has a population of 1,195 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Sheldon, IL?

The median household income in Sheldon is $44,280, which is 45% lower than the national median of $80,734.

What is the poverty rate in Sheldon, IL?

The poverty rate in Sheldon is 19.2%. This means approximately 225 residents live below the federal poverty line.

What is the racial makeup of Sheldon, Illinois?

Sheldon's population is 95.9% White, 0.0% Black, 3.4% Hispanic/Latino, and 0.1% Asian.

What is the median home value in Sheldon, IL?

The median home value in Sheldon is $78,000. The home-value-to-income ratio is 1.8x.

How educated is Sheldon, Illinois?

7.9% of adults (25+) in Sheldon hold a bachelor's degree or higher, and 1.1% hold a graduate or professional degree.