Skip to main content

Timberlane village, Illinois Demographics & Population 2026

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

As of 2026, Timberlane village, Illinois has a total population of 1,291, the 624th largest city in Illinois, with a median household income of $194,286, which is 138% higher than the state average. The poverty rate is 0.7%.

Key Takeaways

Timberlane village Quick Facts

Population 1,291
Median Household Income $194,286
Median Home Value $349,700
Poverty Rate 0.7%
Unemployment Rate 14.0%
Median Age 38.9 years
Homeownership Rate 99.0%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 49.0%
High School Graduation Rate 97.3%
Diversity Index 34/100
Population 1,291 624th of 1,445
Median Income $194,286 top 10%
Poverty Rate 0.7% 94% lower national
Median Home Value $349,700 top 10%

How Timberlane village Compares

Economy & Housing

Employment

14.0% Unemployment Rate State: 5.8% | National: 5.2%
79.6% Labor Force Participation

Housing Overview

Owner 99.0%
Renter 1.0%
Affordability Index Very Affordable
1.8x home value to income ratio

People & Demographics

Diversity Index

34out of 100
Low Diversity

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

State average: 60 | National average: 60

Education

Timberlane village Rankings in Illinois

#624 Population of 1,445
#20 Median Income of 1,445
#121 Education of 1,445
#101 Home Value of 1,445

Cities Similar to Timberlane village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bannockburn village1,125$195,625$1,110,80086.7%3.2%
Westlake Village CDP1,282$143,424$210,90028.2%2.4%
Bull Valley village1,121$185,417$460,70051.1%5.8%
Tower Lakes village1,148$172,656$495,90077.8%3.0%
Third Lake village1,203$150,893$329,50070.9%2.2%

Population Overview

Timberlane village is a small community located in Illinois. The total population is 1,291. It ranks as the 624th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Timberlane village is 38.9 years. This is about average than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Timberlane village is $194,286. This is 138% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 147% higher. The poverty rate stands at 0.7%. This is 94% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 14.0%. This is 141% higher than the state rate of 5.8%. The median home value is $349,700. Housing costs are 40% higher than the state median of $250,500. With a home-value-to-income ratio of just 1.8x, Timberlane village is one of the most affordable housing markets in the area. 99.0% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Timberlane village is White (non-Hispanic), making up 79.9% of the population. Hispanic or Latino residents account for 14.5%. The Black or African American population (3.6%) is well below the state average of 13.6%. The Asian population (0.3%) is well below the state average of 5.8%.

Education

49.0% of residents aged 25 and older hold a bachelor's degree or higher. This places Timberlane village in the top 10% of all cities in the state for educational attainment. This is 32% higher 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 97.3%. Notably, 15.5% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Timberlane 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.

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 Timberlane village, Illinois?

Timberlane village, Illinois has a population of 1,291 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Timberlane village, IL?

The median household income in Timberlane village is $194,286, which is 147% higher the national median of $78,538.

What is the poverty rate in Timberlane village, IL?

The poverty rate in Timberlane village is 0.7%. This means approximately 9 residents live below the federal poverty line.

What is the racial makeup of Timberlane village, Illinois?

Timberlane village's population is 79.9% White, 3.6% Black, 14.5% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Timberlane village, IL?

The median home value in Timberlane village is $349,700. The home-value-to-income ratio is 1.8x.

How educated is Timberlane village, Illinois?

49.0% of adults (25+) in Timberlane village hold a bachelor's degree or higher, and 15.5% hold a graduate or professional degree.