In 2022, Rankin, IL had a population of 490 people with a median age of 32.5 and a median household income of $36,607. Between 2021 and 2022 the population of Rankin, IL declined from 545 to 490, a −10.1% decrease and its median household income declined from $47,031 to $36,607, a −22.2% decrease.
The 5 largest ethnic groups in Rankin, IL are White (Non-Hispanic) (89.6%), White (Hispanic) (7.96%), Two+ (Non-Hispanic) (2.45%), 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 2022, the median property value in Rankin, IL was $58,700, and the homeownership rate was 67.8%.
Most people in Rankin, IL drove alone to work, and the average commute time was 26.3 minutes. The average car ownership in Rankin, IL was 2 cars per household.