Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 52.0 yrs |
|---|---|
| Avg HH Size | 2.03 |
| Below Poverty | 6.9% ▼ 31% below avg |
| College Grads | 51.0% ▲ 32% above avg |
| Unemployment | 2.8% ▼ 44% below avg |
| No HS Diploma | 3 (1.5%) |
| HS Graduate | 62 (31%) |
| Some College | 23 (11.5%) |
| Associates | 10 (5%) |
| Bachelors | 60 (30%) |
| Graduate Degree | 42 (21%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $61,563 ▼ 19% below avg |
|---|---|
| Median Home Value | $72,000 ▼ 74% below avg |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Median Rent | $840/mo |
| Total Housing Units | 144 |
| Vacant Units | 15 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Mill Shoals is a city in Illinois, located in White County. The city spans 1 ZIP code and is home to approximately 262 residents. It is a mature city, with a median age of 52 years.
Economically, Mill Shoals is a solidly middle-class community. The median household income of $61,563 is below the national average. Approximately 6.9% of residents live below the poverty line. The unemployment rate is 2.8%, below the national average.
The real estate market in Mill Shoals is one of the more affordable housing markets in the country. Median home values stand at $72,000, which is well below the national average. Renters typically pay around $840 per month. Homeownership is high at 89.9%, typical of suburban and family-oriented communities.
The population of Mill Shoals is well-educated. 51.0% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (99.62%).
Mill Shoals, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62862 | 262 | $61,563 | $72,000 | $840 | 2.8% | 51.0% | 89.9% |