Rankin, IL

Full City Profile · Illinois · Iroquois County County

2.8 /5.0
C+ Fair
560 Population 966/sq mi density
$47,125 Median Income $22,305 per capita
$57,700 Home Value $96,502 Zillow
$718 Median Rent 41.7% income on rent
52°F Avg Temperature
C+
Overall
2.8 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.5 / 5.0
$47,125 median income, 23.3% unemployment
A+
Affordability
5.0 / 5.0
$57,700 home value, $718/mo rent
D
Education
1.8 / 5.0
10.3% bachelor's degree or higher

Rankin, IL

At a Glance

Median Income
$47,125
37% below
$22,305 per capita
Home Value
$57,700
80% below
Zillow: $96,502
Median Rent
$718/mo
38% below
41.7% of income on rent
Bachelor's Degree+
10.3%
69% below
81.8% high school+
Unemployment
23.3%
547% above
45.3% poverty rate
Obesity Rate
42.4%
32% above
17.5% smoking rate
Avg Temperature
52°F

How Rankin Compares to the U.S. Average

Each bar shows Rankin's value as a percentage of the national average (100% = U.S. avg)

Income
63%
Home Value
20%
Rent
62%
Poverty
365%
Bachelor's
31%
Unemployment
647%
Thin vertical line = U.S. national average (100%)

Is Rankin a Good Place to Live?

C+
2.8 / 5.0 - Fair
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Rankin residents earn a median household income of $47,125 , which is 37% below the national average of $75,149. Per capita income is $22,305. The unemployment rate stands at 23.3% (547% above the U.S. rate of 3.6%). 45.3% of residents live below the poverty line. The area is home to 675 business establishments, including 59 restaurants.

Housing & Cost of Living

The median home value in Rankin is $57,700 , 80% below the national median of $281,900. Zillow estimates the typical home at $96,502. Median rent is $718/month, with 41.7% of renters spending more than 30% of income on housing. The cost of living index is 100.0 (100 = national average). The median home was built in 1938.

Education

10.3% of adults in Rankin hold a bachelor's degree or higher (69% below the national average). 81.8% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Rankin has an average annual temperature of 52°F (11°C). Winters average 26°F in January while summers reach 75°F in July. Annual precipitation totals 40.9 inches.

Data Overview

People

Population560
Median Age32.7 yrs
Density966/mi²
Male / Female52% / 48%
Foreign Born0.0%
Veterans2.2%

Economy

D
Median Income$47,125
Per Capita$22,305
Unemployment23.3%
Poverty45.3%
County GDP$1,425M
Avg Weekly Wage$963

Housing

A+
Home Value$57,700
Rent$718
Ownership68.0%
Zillow$96,502
Housing Units236
Rent Burden41.7%

Health

Obesity42.4%
Diabetes10.8%
Smoking17.5%
Heart Disease6.1%
Premature Death9,715/100K

Climate

Avg Temp52°F
Rain40.9 in/yr
Elevation720 ft

Education

D
Bachelor's+10.3%
High School+81.8%
Graduate+1.6%
School Score5.9/10

Community

2024 VoteR 78% / D 21%
Commute29 min
Broadband94.6%
Internet Speed43 Mbps
EV Stations2
Libraries9

Did You Know?

Rankin was founded in 1872.
The median home in Rankin was built in 1938.
The nearest airport is Vermilion Regional (24 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Low" by FEMA.
16.4% of the population has a disability.
The county recorded 6 fatal vehicle crashes.