City

Anchor, IL

1 ZIP code  ·  McLean County  ·  Illinois

👥347Population
💰$75,000Median HH Income≈ Avg
🎂31.4Median Age
🏠$103,500Median Home Value▼ 63% below avg
🎓43.9%College Grads▲ 13% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 57.6% Female 42.4% ♀

Race & Ethnicity

White: 84.4%Asian: 3.8%Other: 11.5%Race
White84.4%
Asian3.8%
Other11.5%

Age Breakdown

Under 5
7%
5–17
29%
18–24
3%
25–44
32%
45–64
14%
65+
6%

Key Indicators

Median Age31.4 yrs
Avg HH Size2.99
Below Poverty9.2% ▼ 8% below avg
College Grads43.9% ▲ 13% above avg
HS Graduate86 (42%)
Some College23 (11.2%)
Associates6 (2.9%)
Bachelors35 (17.1%)
Graduate Degree55 (26.8%)

Education

HS Grad: 42%Some College: 11.2%Associates: 2.9%Bachelors: 17.1%Graduate: 26.8%Edu
HS Grad42.0%
Some College11.2%
Associates2.9%
Bachelors17.1%
Graduate26.8%
Housing & Income

Housing Tenure

Owner: 85.3%Renter: 14.7%Tenure
Owner85.3%
Renter14.7%

Home Value Distribution

Under $50k
15%
$50k–$100k
32%
$100k–$150k
19%
$150k–$200k
12%
$200k–$300k
5%
$300k–$500k
16%

Financials

Median HH Income$75,000 ≈ Avg
Median Home Value$103,500 ▼ 63% below avg
Home/Income Ratio1.4x (nat avg ~3.5x)
Median Rent$1,300/mo
Total Housing Units152
Vacant Units36

Income Distribution

Under $25k
14%
$25k–$50k
8%
$50k–$75k
27%
$75k–$100k
14%
$100k–$150k
22%
$150k–$200k
9%
Over $200k
6%
Employment & Commute

How People Get to Work

Drove Alone
65%
Walked
8%
Work From Home
27%

Commute Time

Under 15 min
19%
15–30 min
47%
30–45 min
23%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
17%
1960s–1970s
14%
1980s–1990s
2%
2000+
66%
About Anchor, IL

Anchor is a city in Illinois, located in McLean County. The city spans 1 ZIP code and is home to approximately 347 residents. It is a relatively young city, with a median age of 31.4 years.

Economically, Anchor is a solidly middle-class community. The median household income of $75,000 is near the national average. Approximately 9.2% of residents live below the poverty line.

The real estate market in Anchor is one of the more affordable housing markets in the country. Median home values stand at $103,500, which is well below the national average. Renters typically pay around $1,300 per month. Homeownership is high at 85.3%, typical of suburban and family-oriented communities.

The population of Anchor is well-educated. 43.9% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (84.44%).

Anchor, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Anchor
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
61720 347 $75,000 $103,500 $1,300 0.0% 43.9% 85.3%