In 2023, Rankin, IL had a population of 560 people with a median age of 32.7 and a median household income of $47,125. Between 2022 and 2023 the population of Rankin, IL grew from 490 to 560, a 14.3% increase and its median household income grew from $36,607 to $47,125, a 28.7% increase.
The 5 largest ethnic groups in Rankin, IL are White (Non-Hispanic) (93%), White (Hispanic) (5.71%), Two+ (Non-Hispanic) (1.25%), Black or African American (Non-Hispanic) (0%), and Black or African American (Hispanic) (0%).
None of the households in Rankin, IL reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Rankin, IL are U.S. citizens.
In 2023, the median property value in Rankin, IL was $57,700, and the homeownership rate was 68%.
Most people in Rankin, IL drove alone to work, and the average commute time was 29.3 minutes. The average car ownership in Rankin, IL was 2 cars per household.