City

Lima, IL

1 ZIP code  ·  Adams County  ·  Illinois

👥240Population
💰$87,639Median HH Income▲ 15% above avg
🎂37.5Median Age
🏠$112,500Median Home Value▼ 60% below avg
🎓25.0%College Grads▼ 35% below avg
📊5.4%Unemployment▲ 11% above avg
People & Population (ACS 2023 — weighted avg)
♂ Male 48.3% Female 51.7% ♀

Race & Ethnicity

White: 97.9%Other: 2.1%Race
White97.9%
Other2.1%

Age Breakdown

Under 5
10%
5–17
20%
18–24
3%
25–44
30%
45–64
29%
65+
2%

Key Indicators

Median Age37.5 yrs
Avg HH Size3.04
Below Poverty5.8% ▼ 42% below avg
College Grads25.0% ▼ 35% below avg
Unemployment5.4% ▲ 11% above avg
HS Graduate63 (43.8%)
Some College32 (22.2%)
Associates13 (9%)
Bachelors21 (14.6%)
Graduate Degree15 (10.4%)

Education

HS Grad: 43.8%Some College: 22.2%Associates: 9%Bachelors: 14.6%Graduate: 10.4%Edu
HS Grad43.8%
Some College22.2%
Associates9.0%
Bachelors14.6%
Graduate10.4%
Housing & Income

Housing Tenure

Owner: 78.5%Renter: 21.5%Tenure
Owner78.5%
Renter21.5%

Home Value Distribution

Under $50k
19%
$50k–$100k
27%
$100k–$150k
15%
$150k–$200k
13%
$200k–$300k
26%

Financials

Median HH Income$87,639 ▲ 15% above avg
Median Home Value$112,500 ▼ 60% below avg
Home/Income Ratio1.3x (nat avg ~3.5x)
Total Housing Units87
Vacant Units8

Income Distribution

Under $25k
9%
$25k–$50k
15%
$50k–$75k
12%
$75k–$100k
28%
$100k–$150k
21%
$150k–$200k
15%
Employment & Commute

How People Get to Work

Drove Alone
92%
Work From Home
8%

Commute Time

Under 15 min
8%
15–30 min
63%
30–45 min
14%
Over 45 min
16%
Housing Stock

Year Built

Before 1940
6%
1940s–1950s
16%
1960s–1970s
5%
1980s–1990s
14%
2000+
59%
About Lima, IL

Lima is a city in Illinois, located in Adams County. The city spans 1 ZIP code and is home to approximately 240 residents. It is a relatively young city, with a median age of 37.5 years.

Economically, Lima is a middle-income community. The median household income of $87,639 is near the national average. Approximately 5.8% of residents live below the poverty line. The unemployment rate is 5.4%, near the national average.

The real estate market in Lima is one of the more affordable housing markets in the country. Median home values stand at $112,500, which is well below the national average. Homeownership is high at 78.5%, typical of suburban and family-oriented communities.

The population of Lima is less-educated. 25.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (97.92%).

Lima, IL offers residents above-average earning potential within Illinois.

ZIP Codes in Lima
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
62348 240 $87,639 $112,500 5.4% 25.0% 78.5%