Timberlane village, Illinois Demographics & Population 2026
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
- Household income is 138% above the state average — one of the wealthiest communities in Illinois.
- An exceptionally low poverty rate of 0.7% — among the lowest in Illinois.
- 49.0% of adults hold a bachelor's degree or higher — top 10% in Illinois.
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
- Unemployment rate of 14.0% is notably above the national average.
Timberlane village Quick Facts
How Timberlane village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
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: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Timberlane village Rankings in Illinois
Explore Illinois Rankings
Cities Similar to Timberlane village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Bannockburn village | 1,125 | $195,625 | $1,110,800 | 86.7% | 3.2% |
| Westlake Village CDP | 1,282 | $143,424 | $210,900 | 28.2% | 2.4% |
| Bull Valley village | 1,121 | $185,417 | $460,700 | 51.1% | 5.8% |
| Tower Lakes village | 1,148 | $172,656 | $495,900 | 77.8% | 3.0% |
| Third Lake village | 1,203 | $150,893 | $329,500 | 70.9% | 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.
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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.