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 Rate | 14.9% |
| Poverty Rate | 45.3% |
| Gini Coefficient | 0.432 |
| Cost of Living Index | 100.0 |
Commute
| Mean Commute | 29 minutes |
| Drive Alone | 75.5% |
| Public Transit | 0.0% |
| Work From Home | 8.5% |
Businesses
| Total Establishments | 675 |
| Restaurants | 59 |
| Healthcare | 69 |
| Retail | 70 |
| Manufacturing | 28 |
Tax
| IRS Avg AGI | $68,388 |
| Avg Property Tax | $4,558 |
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