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Toluca, Illinois Demographics & Population 2026

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

During the 2020–2024 ACS period, Toluca, Illinois had a total population of 1,477, the 589th largest city in Illinois, with a median household income of $69,545, which is 17% lower than the state average. The poverty rate is 13.8%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Toluca Quick Facts

Population 1,477
Median Household Income $69,545
Median Home Value $113,500
Poverty Rate 13.8%
Unemployment Rate 5.5%
Median Age 39.9 years
Homeownership Rate 76.8%
Affordability Ratio 1.6x
Bachelor's Degree or Higher 10.8%
High School Graduation Rate 88.8%
Diversity Index 34/100
Population 1,477 589th of 1,445
Median Income $69,545 average
Poverty Rate 13.8% 11% higher than national
Median Home Value $113,500 average

How Toluca Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population1,3131,477+12.5%
Median household income$66,667$69,545+4.3%
Median home value$110,000$113,500+3.2%

How Toluca Compares

Economy & Housing

Household Income Distribution

Under $25K 13.8%
$25K-$50K 22.7%
$50K-$100K 38.4%
$100K+ 25.2%
Detailed income brackets
Under $10K
3.2%
$10K-$15K
4.5%
$15K-$20K
4.3%
$20K-$25K
1.8%
$25K-$30K
4.3%
$30K-$35K
5.4%
$35K-$40K
3.6%
$40K-$45K
5.0%
$45K-$50K
4.5%
$50K-$60K
7.9%
$60K-$75K
16.1%
$75K-$100K
14.5%
$100K-$125K
6.3%
$125K-$150K
10.5%
$150K-$200K
4.6%
$200K+
3.8%

Employment

5.5% Unemployment Rate State: 5.8%|National: 5.2%
54.4% Labor Force Participation

Housing Overview

Owner 76.8%
Renter 23.2%
Affordability Index Very Affordable
1.6x home value to income ratio
Median gross rent $860/mo 14.8% of median household income annually

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: 61 | National average: 61

Education

Toluca Rankings in Illinois

#589 Population of 1,445
#670 Median Income of 1,374
#1103 Education of 1,444
#750 Home Value of 1,372

Other Cities in Marshall County

CityPopulationMedian IncomePovertyHome Value
Henry 2,441 $65,577 14.1% $117,000
Lacon 1,916 $63,162 14.8% $121,900
Hopewell 604 $120,592 3.0% $182,700
Varna 387 $62,639 20.2% $89,300
Sparland 295 $43,125 21.7% $83,600
La Rose 97 $41,875 16.5% $72,900

Cities Similar to Toluca

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Granville1,472$70,556$142,50022.8%5.3%
East Dubuque1,470$67,891$144,00023.6%12.3%
New Berlin1,442$70,179$163,40036.6%6.5%
Mount Pulaski1,507$66,176$110,50023.4%5.9%
Delavan1,489$62,841$123,60019.1%11.0%

Population Overview

Toluca is a small community located in Illinois, within Marshall County. The total population is 1,477. It ranks as the 589th most populous out of 1,445 Census-designated places in Illinois.

Age Demographics

The median age in Toluca is 39.9 years. This is 2% higher than the state median of 39.0 years. 11.5% 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 is $69,545. This is 17% lower than the state median of $83,390. It is also 14% lower than the national median of $80,734. The poverty rate stands at 13.8%. This is 17% higher than the state poverty rate of 11.8%. The unemployment rate is 5.5%. This is 6% lower than the state rate of 5.8%. The median home value is $113,500. Housing costs are 57% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.6x, Toluca is one of the most affordable housing markets in the area. 76.8% of occupied housing units are owner-occupied. This homeownership rate is 14% higher than the state average of 67.1%.

Race & Ethnicity

The largest racial or ethnic group in Toluca is White (non-Hispanic), making up 79.7% of the population. Hispanic or Latino residents account for 14.6%. The Black or African American population (0.9%) is well below the state average of 13.3%. The Asian population (0.3%) is well below the state average of 5.9%.

Education

10.8% of residents aged 25 and older hold a bachelor's degree or higher. This is 72% 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 88.8%.

Data Sources & Methodology

All demographic data for Toluca, 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 Toluca, Illinois?

Toluca, Illinois has a population of 1,477 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Toluca, IL?

The median household income in Toluca is $69,545, which is 14% lower than the national median of $80,734.

What is the poverty rate in Toluca, IL?

The poverty rate in Toluca is 13.8%. This means approximately 190 residents live below the federal poverty line.

What is the racial makeup of Toluca, Illinois?

Toluca's population is 79.7% White, 0.9% Black, 14.6% Hispanic/Latino, and 0.3% Asian.

What is the median home value in Toluca, IL?

The median home value in Toluca is $113,500. The home-value-to-income ratio is 1.6x.

How educated is Toluca, Illinois?

10.8% of adults (25+) in Toluca hold a bachelor's degree or higher, and 3.5% hold a graduate or professional degree.