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Toluca city, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.6x is exceptionally low

As of 2026, Toluca city, Illinois has a total population of 1,313, the 618th largest city in Illinois, with a median household income of $66,667, which is 18% lower than the state average. The poverty rate is 19.2%.

Key Takeaways

Toluca city Quick Facts

Population 1,313
Median Household Income $66,667
Median Home Value $110,000
Poverty Rate 19.2%
Unemployment Rate 4.2%
Median Age 43.6 years
Homeownership Rate 77.5%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 13.6%
High School Graduation Rate 86.6%
Diversity Index 36/100
Population 1,313 618th of 1,445
Median Income $66,667 average
Poverty Rate 19.2% 54% higher national
Median Home Value $110,000 average

How Toluca city Compares

Economy & Housing

Employment

4.2% Unemployment Rate State: 5.8% | National: 5.2%
53.1% Labor Force Participation

Housing Overview

Owner 77.5%
Renter 22.5%
Affordability Index Very Affordable
1.6x home value to income ratio

People & Demographics

Diversity Index

36out 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

Toluca city Rankings in Illinois

#618 Population of 1,445
#699 Median Income of 1,445
#933 Education of 1,445
#746 Home Value of 1,445

Cities Similar to Toluca city

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Gridley village1,339$69,688$134,60030.3%6.3%
Clifton village1,279$69,276$184,10021.3%10.7%
Hanna City village1,334$70,774$122,60020.8%9.7%
New Berlin village1,366$68,125$153,60036.9%7.2%
Bunker Hill city1,305$72,893$133,70013.1%8.2%

Population Overview

Toluca city is a small community located in Illinois. The total population is 1,313. It ranks as the 618th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Toluca city is 43.6 years. This is 12% higher than the state median of 38.9 years. 10.4% 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 Toluca city is $66,667. This is 18% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 15% lower. The poverty rate stands at 19.2%. This is 64% higher than the state poverty rate of 11.7%. The unemployment rate is 4.2%. This is 27% lower than the state rate of 5.8%. The median home value is $110,000. Housing costs are 56% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.6x, Toluca city is one of the most affordable housing markets in the area. 77.5% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Toluca city is White (non-Hispanic), making up 78.0% of the population. Hispanic or Latino residents account for 15.5%. The Black or African American population (1.1%) is well below the state average of 13.6%.

Education

13.6% of residents aged 25 and older hold a bachelor's degree or higher. This is 63% lower 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 86.6%.

Data Sources & Methodology

All demographic data for Toluca city, 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 Toluca city, Illinois?

Toluca city, Illinois has a population of 1,313 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Toluca city, IL?

The median household income in Toluca city is $66,667, which is 15% lower the national median of $78,538.

What is the poverty rate in Toluca city, IL?

The poverty rate in Toluca city is 19.2%. This means approximately 232 residents live below the federal poverty line.

What is the racial makeup of Toluca city, Illinois?

Toluca city's population is 78.0% White, 1.1% Black, 15.5% Hispanic/Latino, and 0.0% Asian.

What is the median home value in Toluca city, IL?

The median home value in Toluca city is $110,000. The home-value-to-income ratio is 1.6x.

How educated is Toluca city, Illinois?

13.6% of adults (25+) in Toluca city hold a bachelor's degree or higher, and 5.4% hold a graduate or professional degree.