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.
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