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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 $94,889 Zillow
$718 Median Rent 41.7% income on rent
52°F Avg Temperature 275 sunny days/yr
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, 14.9% 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

Income Overview

Median Household Income
$47,125
37% below
US avg: $75,149
Per Capita Income
$22,305
43% below
US avg: $39,052
Unemployment Rate
14.9%
314% above
US avg: 3.6%
Poverty Rate
45.3%
265% above
US avg: 12.4%

Income Comparison: Rankin vs. U.S. Average

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

Median Household
US: $75,149
$47,125
63%
Per Capita
US: $39,052
$22,305
57%
IRS Avg AGI
US: $72,000
$68,388
95%
Avg Weekly Wage
US: $1,432
$963
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$963
33% below US avg ($1,432)
Mean Commute Time
29 min
6% above US avg (28 min)
Work From Home
8.5%
44% below US avg (15.2%)
Drive Alone
75.5%
3% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$1,425M
County-level GDP (BEA 2024)

How Residents Get to Work

Drive Alone 75.5%
Public Transit 0%
Work From Home 8.5%
Other 16%
Average commute time
29 minutes
US avg: 28 min

Business Landscape

Total Establishments
675
Restaurants
59
Healthcare
69
Retail
70
Manufacturing
28

Tax & Financial

IRS Avg Adjusted Gross Income
$68,388
5% below US avg ($72,000)
Avg Property Tax
$4,558
30% above US avg ($3,500)
Cost of Living Index
100.0
Below national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$47,125
Per Capita Income$22,305
IRS Avg Adjusted Gross Income$68,388
Avg Weekly Wage$963
County GDP$1,425M

Hardship Indicators

Unemployment Rate14.9%
Poverty Rate45.3%
Gini Coefficient0.432
Cost of Living Index100.0

Commute

Mean Commute29 minutes
Drive Alone75.5%
Public Transit0.0%
Work From Home8.5%

Businesses

Total Establishments675
Restaurants59
Healthcare69
Retail70
Manufacturing28

Tax

IRS Avg AGI$68,388
Avg Property Tax$4,558