Thayer, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Thayer, Illinois had a total population of 531, the 915th largest village in Illinois, with a median household income of $62,083, which is 26% lower than the state average. The poverty rate is 10.5%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.6x.
Thayer Quick Facts
How Thayer Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 638 | 531 | -16.8% |
| Median household income | $63,125 | $62,083 | -1.7% |
| Median home value | $87,300 | $97,100 | +11.2% |
How Thayer Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
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: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Thayer Rankings in Illinois
Explore Illinois Rankings
Other Cities in Sangamon County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Springfield | 113,330 | $66,064 | 16.8% | $162,100 |
| Chatham | 14,639 | $106,773 | 3.3% | $243,200 |
| Sherman | 4,386 | $148,906 | 2.2% | $297,800 |
| Auburn | 4,306 | $81,411 | 8.1% | $149,600 |
| Rochester | 3,766 | $117,118 | 2.5% | $238,900 |
| Riverton | 3,513 | $80,920 | 0.9% | $152,200 |
| Virden | 3,171 | $80,577 | 10.2% | $101,300 |
| Pawnee | 2,738 | $81,103 | 14.2% | $149,500 |
| Jerome | 1,807 | $65,189 | 6.4% | $127,800 |
| Southern View | 1,751 | $57,270 | 14.9% | $105,300 |
Cities Similar to Thayer
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Cowden | 534 | $62,031 | $77,000 | 10.1% | 20.4% |
| Davis | 535 | $62,050 | $142,700 | 19.8% | 6.9% |
| Iuka | 534 | $61,146 | $72,600 | 14.4% | 9.6% |
| Como | 535 | $63,750 | $175,700 | 10.3% | 20.6% |
| Cherry | 534 | $59,545 | $107,900 | 17.1% | 11.8% |
A note before these figures: with a population of 531, Thayer'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
Thayer is a small community located in Illinois, within Sangamon County. The total population is 531. It ranks as the 915th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Thayer is 46.4 years. This is 19% higher than the state median of 39.0 years. 11.3% 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 Thayer is $62,083. This is 26% lower than the state median of $83,390. It is also 23% lower than the national median of $80,734. The poverty rate stands at 10.5%. This is 11% lower than the state poverty rate of 11.8%. The unemployment rate is 4.4%. This is 24% lower than the state rate of 5.8%. The median home value is $97,100. Housing costs are 63% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.6x, Thayer is one of the most affordable housing markets in the area. 86.9% of occupied housing units are owner-occupied. This homeownership rate is 30% higher than the state average of 67.1%.
Race & Ethnicity
Thayer has a predominantly White (non-Hispanic) population, comprising 95.5% of all residents. Black or African American residents account for 1.3%. The White (non-Hispanic) population is significantly higher than the state average (95.5% vs 58.1%). The Black or African American population (1.3%) is well below the state average of 13.3%. The Asian population (1.1%) is well below the state average of 5.9%.
Education
10.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 73% 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 91.0%.
Data Sources & Methodology
All demographic data for Thayer, 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 Thayer, Illinois?
Thayer, Illinois has a population of 531 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Thayer, IL?
The median household income in Thayer is $62,083, which is 23% lower than the national median of $80,734.
What is the poverty rate in Thayer, IL?
The poverty rate in Thayer is 10.5%. This means approximately 55 residents live below the federal poverty line.
What is the racial makeup of Thayer, Illinois?
Thayer's population is 95.5% White, 1.3% Black, 0.0% Hispanic/Latino, and 1.1% Asian.
What is the median home value in Thayer, IL?
The median home value in Thayer is $97,100. The home-value-to-income ratio is 1.6x.
How educated is Thayer, Illinois?
10.3% of adults (25+) in Thayer hold a bachelor's degree or higher, and 3.6% hold a graduate or professional degree.