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Washburn village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.1x is exceptionally low

As of 2026, Washburn village, Illinois has a total population of 1,026, the 690th largest city in Illinois, with a median household income of $79,306, which is 3% lower than the state average. The poverty rate is 9.0%.

Key Takeaways

Washburn village Quick Facts

Population 1,026
Median Household Income $79,306
Median Home Value $90,700
Poverty Rate 9.0%
Unemployment Rate 2.6%
Median Age 38.5 years
Homeownership Rate 78.4%
Affordability Ratio 1.1x
Bachelor's Degree or Higher 17.0%
High School Graduation Rate 93.7%
Diversity Index 6/100
Population 1,026 690th of 1,445
Median Income $79,306 above average
Poverty Rate 9.0% 28% lower national
Median Home Value $90,700 below average

How Washburn village Compares

Economy & Housing

Employment

2.6% Unemployment Rate State: 5.8% | National: 5.2%
66.7% Labor Force Participation

Housing Overview

Owner 78.4%
Renter 21.6%
Affordability Index Very Affordable
1.1x home value to income ratio

People & Demographics

Diversity Index

6out of 100
Very Low Diversity

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

State average: 60 | National average: 60

Education

Washburn village Rankings in Illinois

#690 Population of 1,445
#434 Median Income of 1,445
#763 Education of 1,445
#956 Home Value of 1,445

Cities Similar to Washburn village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Chebanse village1,033$76,190$149,30018.3%3.8%
Minier village999$77,500$138,20028.5%7.7%
Macon city1,035$74,063$109,50011.6%5.7%
Worden village983$79,732$136,20017.2%10.0%
Forrest village1,008$70,417$104,00018.5%14.7%

Population Overview

Washburn village is a small community located in Illinois. The total population is 1,026. It ranks as the 690th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Washburn village is 38.5 years. This is 1% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Washburn village is $79,306. This is 3% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is about average. The poverty rate stands at 9.0%. This is 23% lower than the state poverty rate of 11.7%. The unemployment rate is 2.6%. This is 55% lower than the state rate of 5.8%. The median home value is $90,700. Housing costs are 64% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.1x, Washburn village is one of the most affordable housing markets in the area. 78.4% of occupied housing units are owner-occupied. This homeownership rate is 17% higher than the state average of 66.8%.

Race & Ethnicity

Washburn village has a predominantly White (non-Hispanic) population, comprising 96.9% of all residents. Hispanic or Latino residents account for 1.7%. The White (non-Hispanic) population is significantly higher than the state average (96.9% vs 58.8%). The Black or African American population (0.3%) is well below the state average of 13.6%. The Hispanic or Latino population (1.7%) is well below the state average of 18.5%.

Education

17.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 54% 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 93.7%.

Data Sources & Methodology

All demographic data for Washburn 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 Washburn village, Illinois?

Washburn village, Illinois has a population of 1,026 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Washburn village is $79,306, which is about average the national median of $78,538.

What is the poverty rate in Washburn village, IL?

The poverty rate in Washburn village is 9.0%. This means approximately 90 residents live below the federal poverty line.

What is the racial makeup of Washburn village, Illinois?

Washburn village's population is 96.9% White, 0.3% Black, 1.7% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Washburn village is $90,700. The home-value-to-income ratio is 1.1x.

How educated is Washburn village, Illinois?

17.0% of adults (25+) in Washburn village hold a bachelor's degree or higher, and 4.7% hold a graduate or professional degree.