Thomasboro, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Thomasboro, Illinois had a total population of 918, the 726th largest village in Illinois, with a median household income of $64,038, which is 23% lower than the state average. The poverty rate is 13.2%.
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 1.7x.
- Near full employment with an unemployment rate of just 1.3%.
Thomasboro Quick Facts
How Thomasboro 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 | 966 | 918 | -5.0% |
| Median household income | $65,000 | $64,038 | -1.5% |
| Median home value | $109,400 | $111,800 | +2.2% |
How Thomasboro 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+)
Thomasboro Rankings in Illinois
Explore Illinois Rankings
Other Cities in Champaign County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Champaign | 89,996 | $56,118 | 25.9% | $210,900 |
| Urbana | 39,341 | $45,346 | 28.0% | $184,900 |
| Rantoul | 12,421 | $48,691 | 16.9% | $118,200 |
| Mahomet | 10,049 | $118,586 | 3.8% | $299,100 |
| Savoy | 8,968 | $91,966 | 7.9% | $320,300 |
| St. Joseph | 3,778 | $120,789 | 4.1% | $270,900 |
| Tolono | 3,566 | $69,653 | 4.6% | $208,600 |
| Lake of the Woods | 2,091 | $61,625 | 4.7% | $193,500 |
| Fisher | 1,605 | $97,702 | 2.1% | $190,100 |
| Philo | 1,487 | $105,625 | 10.3% | $205,400 |
Cities Similar to Thomasboro
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Greenview | 912 | $63,594 | $93,700 | 16.3% | 9.0% |
| Chebanse | 920 | $65,278 | $161,500 | 17.8% | 1.5% |
| Paw Paw | 932 | $65,156 | $153,900 | 12.8% | 8.3% |
| Ashton | 935 | $62,778 | $114,200 | 11.7% | 14.5% |
| Dallas City | 894 | $63,056 | $90,000 | 15.3% | 16.4% |
A note before these figures: with a population of 918, Thomasboro'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
Thomasboro is a small community located in Illinois, within Champaign County. The total population is 918. It ranks as the 726th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Thomasboro is 44.5 years. This is 14% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Thomasboro is $64,038. This is 23% lower than the state median of $83,390. It is also 21% lower than the national median of $80,734. The poverty rate stands at 13.2%. This is 11% higher than the state poverty rate of 11.8%. The unemployment rate is 1.3%. This is 78% lower than the state rate of 5.8%. The median home value is $111,800. Housing costs are 58% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.7x, Thomasboro is one of the most affordable housing markets in the area. 75.1% of occupied housing units are owner-occupied. This homeownership rate is 12% higher than the state average of 67.1%.
Race & Ethnicity
The largest racial or ethnic group in Thomasboro is White (non-Hispanic), making up 83.0% of the population. Hispanic or Latino residents account for 9.8%. The Black or African American population (2.7%) is well below the state average of 13.3%. The Asian population (0.8%) is well below the state average of 5.9%.
Education
15.3% of residents aged 25 and older hold a bachelor's degree or higher. This is 59% 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 93.2%.
Data Sources & Methodology
All demographic data for Thomasboro, 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.
Free data download: Get all Illinois city and county demographics as CSV. Download Cities CSV | Download Counties CSV
Frequently Asked Questions
What is the population of Thomasboro, Illinois?
Thomasboro, Illinois has a population of 918 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Thomasboro, IL?
The median household income in Thomasboro is $64,038, which is 21% lower than the national median of $80,734.
What is the poverty rate in Thomasboro, IL?
The poverty rate in Thomasboro is 13.2%. This means approximately 120 residents live below the federal poverty line.
What is the racial makeup of Thomasboro, Illinois?
Thomasboro's population is 83.0% White, 2.7% Black, 9.8% Hispanic/Latino, and 0.8% Asian.
What is the median home value in Thomasboro, IL?
The median home value in Thomasboro is $111,800. The home-value-to-income ratio is 1.7x.
How educated is Thomasboro, Illinois?
15.3% of adults (25+) in Thomasboro hold a bachelor's degree or higher, and 2.7% hold a graduate or professional degree.