Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 33.0 yrs |
|---|---|
| Avg HH Size | 2.95 |
| Below Poverty | 24.4% ▲ 144% above avg |
| College Grads | 15.4% ▼ 60% below avg |
| Unemployment | 14.8% ▲ 202% above avg |
| No HS Diploma | 12 (2.3%) |
| HS Graduate | 195 (37.4%) |
| Some College | 152 (29.2%) |
| Associates | 82 (15.7%) |
| Bachelors | 28 (5.4%) |
| Graduate Degree | 52 (10%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $54,355 ▼ 29% below avg |
|---|---|
| Median Home Value | $65,900 ▼ 76% below avg |
| Home/Income Ratio | 1.2x (nat avg ~3.5x) |
| Median Rent | $724/mo |
| Total Housing Units | 376 |
| Vacant Units | 74 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Rankin is a city in Illinois, located in Vermilion County. The city spans 1 ZIP code and is home to approximately 890 residents. It is a relatively young city, with a median age of 33 years.
Economically, Rankin is a working-class community. The median household income of $54,355 is below the national average. Approximately 24.4% of residents live below the poverty line. The unemployment rate is 14.8%, more than double the national average.
The real estate market in Rankin is one of the more affordable housing markets in the country. Median home values stand at $65,900, which is well below the national average. Renters typically pay around $724 per month. Homeownership is high at 72.5%, typical of suburban and family-oriented communities.
The population of Rankin is less-educated. 15.4% of adults hold a bachelor's degree or higher — well below the national average. The community is primarily White (95.17%).
Rankin, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 60960 | 890 | $54,355 | $65,900 | $724 | 14.8% | 15.4% | 72.5% |