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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

Change Over Time (2013–2023)

Population Change
-13.6%
551 → 476
over 10 years
Annual Pop. Growth
-1.45%
Compound annual growth rate
Median Income Change
+49.1%
$31,607 → $47,125
nominal, not inflation-adjusted
Annual Income Growth
+4.08%
Compound annual growth rate

Population Over Time

Total population for Rankin across each available Census ACS release.

Median Household Income Over Time

Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).

Projected 2030

Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.

Projected Population 2030
430
-46 from 2023 (476)
Projected Median Income 2030
$62,348
+$15,223 from 2023 ($47,125)

Year-by-Year Detail

Year Population YoY % Median Income YoY %
2013 551 $31,607
2015 540 -2% $35,833 +13.4%
2017 531 -1.7% $42,917 +19.8%
2019 514 -3.2% $49,375 +15%
2021 487 -5.3% $47,031 -4.7%
2023 476 -2.3% $47,125 +0.2%
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.