Lima, IL demographics:
population, income, and more

Total population
224
-3.0% year-over-year change
Median household income
$74,375/yr
4.4% year-over-year change
Housing units
83
0.0% year-over-year change

Lima population

How many people live in Lima

Lima is home to 224 residents, according to the most recent Census data. Gender-wise, 49.6% of Lima locals are male, and 50.4% are female.

Total population
224
-3.0% year-over-year change
Gender ratio
Male
49.6%
111
Female
50.4%
113
Value Percent YoY change
Male 111 49.6% 1.8%
Female 113 50.4% -7.4%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

The median age in Lima is 36, with the population distributed as follows: about 33% are children under 15, then 4.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 34.4% of the population, while another 15.6% fall into the 45 to 64 bracket. Finally, around 12.5% are 65 or older.

Median age
35.8
Age breakdown
Under 15
33%
15 to 24
4.5%
25 to 44
34.4%
45 to 64
15.6%
Over 65
12.5%
Value Percent YoY change
Under 15 74 33% -9.8%
15 to 24 10 4.5% 0.0%
25 to 44 77 34.4% -2.5%
45 to 64 35 15.6% -2.8%
Over 65 28 12.5% 16.7%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

There’s also a share of 1.3% that includes residents with two or more races.

Citizenship
U.S.-born citizens
100%
Non-U.S.-born citizens
0%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 224 100% -3.0%
Racial breakdown
White
98.7%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.3%
Other
0%
Value Percent
White 221 98.7%
Two or more races 3 1.3%

Households in Lima

A peek inside Lima households

Lima has 75 households, with an average of 3 members in each. Of these, 78.7% are families, while the remaining 21.3% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
75
0.0% year-over-year change
Average people per household
3
Non-family households
16
Family households
59
Value Percent YoY change
Non-family households 16 21.3% 6.7%
Family households 59 78.7% -1.7%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Lima

The housing landscape of Lima

Lima's housing consists of 83 units, with 88% being detached single-family homes ideal for those wanting space. Then there are the multifamily buildings in the area, and for those seeking flexibility, non-traditional options like mobile homes account for 12% of the housing landscape.

Housing units
83
0.0% year-over-year change
Housing types
Value Percent
1 unit, detached 73 88%
Mobile home 10 12%
Homes built since 2020
0
% year-over-year change

The age of buildings in Lima

In Lima, the median construction year is 1955. About 19.3% of homes were built before the 1940s, with another 15.7% going up by 1949. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 16 19.3% -15.8%
Built between 1940 and 1949 13 15.7% 0.0%
Built between 1950 and 1959 26 31.3% -7.1%
Built between 1960 and 1969 8 9.6% 33.3%
Built between 1970 and 1979 6 7.2% 50.0%
Built between 1980 and 1989 4 4.8% -20.0%
Built between 1990 and 1999 4 4.8% -20.0%
Built between 2000 and 2009 6 7.2% 100.0%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Lima occupancy rates

Out of the 75 occupied housing units in Lima, 78.7% are owner-occupied, while 21.3% are lived in by tenants. Meanwhile, 9.6% of all homes on the local market sit vacant.

Occupied housing units
75
0.0% year-over-year change
Occupancy breakdown
Renter occupied
16
Owner occupied
59
Value Percent YoY
change
Renter occupied 16 21.3% -5.9%
Owner occupied 59 78.7% 1.7%
Unoccupied housing units
9.6%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Lima housing costs

Median housing costs per month
$695/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Lima

Lima education at a glance

About 61.4% of the population in Lima went to high school, while 17.1% pursued college studies. Another 15.7% earned an associate degree and 4.3% hold a bachelor’s. Meanwhile, 1.4% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
High school diploma 86 61.4% -2.3%
College diploma 24 17.1% -20.0%
Associate degree 22 15.7% 57.1%
Bachelor's degree 6 4.3% 20.0%
Graduate degree 2 1.4% 0.0%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Lima

How much people earn in Lima

The average annual household income in Lima was $75,469 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6.3% change from the previous year. At the same time, the median income stood at $74,375, reflecting a +4.4% shift over the same period.

Average household income in Lima
$75,469/year
6.3% year-over-year change
Median household income in Lima
$74,375/year
4.4% year-over-year change

Lima income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $77,969 overall. Overall, 95% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $77,969 1.8%
Over 65 $74,375 N/A
Above poverty level
207
Below poverty level
11
Value Percent YoY
change
Above poverty level 207 95% -1.4%
Below poverty level 11 5% -21.4%

Average renter income in Lima

To get a better sense of what renters earn on average in Lima, their median household income was $72,000 according to 2022 Census data.

Renter median household income
$72,000
Rent-to-income ratio
0%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Lima

Workforce and job types in Lima

The job market in Lima is powered by 89 working residents, spread across a range of industries and roles. 49.4% of the working population are employed in professional or administrative positions, while 50.6% are in hands-on or service-based jobs. Also, 12.4% run their own businesses, 76.4% are employed by private companies, and 4.5% work in the public sector.

Workforce demographics

Working population
89
-7.3% year-over-year change
White collar
44
Blue collar
45
Value Percent YoY change
White collar 44 49.4% -8.3%
Blue collar 45 50.6% -6.2%
Employer type
Self employees
12.4%
Private companies
76.4%
Governmental workers
4.5%
Not for profit companies
6.7%
Value Percent YoY change
Self employees 11 12.4% -8.3%
Private companies 68 76.4% -9.3%
Governmental workers 4 4.5% -33.3%
Not for profit companies 6 6.7% 100.0%
Unemployment rate
15.2%
23.1% year-over-year change

Available workforce

The unemployment rate in Lima stands at 15.2%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Lima

How people get around in Lima

Means of transportation
Value Percent YoY change
Car 74 83.2% -5.1%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Lima by zipcode?

Zipcode Population Number of households Median income Average income
62348 204 83 $77,969 $77,471
62376 1,276 624 $57,778 $71,435

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FAQs about Lima demographics 

What is the total population of Lima?

Lima has a total population of 224 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -3.0% compared to a year ago.

What is the gender ratio in Lima?

The gender ratio in Lima is as follows:
  • 49.6% males (111 residents)
  • 50.4% females (113 residents)

What is the median age in Lima?

The median age in Lima is 35.8.

What is the age distribution of the population in Lima?

The age distribution in Lima is as follows:
  • Under 15: 33% (74 residents)
  • Ages 15-24: 4.5% (10 residents)
  • Ages 25-44: 34.4% (77 residents)
  • Ages 45-64: 15.6% (35 residents)
  • Over 65: 12.5% (28 residents)

What is the racial and ethnic makeup of Lima?

The racial and ethnic makeup of Lima is as follows:
  • White: 98.7% (221 residents)
  • Black or African American: 0% (0 residents)
  • American Indian and Alaska Native: 0% (0 residents)
  • Asian: 0% (0 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 1.3% (3 residents)
  • Other: 0% (0 residents)

What percentage of the population in Lima are U.S.-born citizens?

U.S.-born citizens represent 100% of the population in Lima.

How many housing units are there in Lima?

There are 83 housing units in Lima, reflecting a 0.0% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Lima and what is the average household size?

Lima has a total of 75 households, with an average of 3 people in each.

What is the median household income in Lima?

Lima has a median household income of $74,375, representing a +4.4% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Lima?

The employment rate is 84.8% in Lima, with a workforce of 89 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 49.4% (44 residents)
  • Blue-collar workers: 50.6% (45 residents)

Places of employment:
  • Self-employed: 12.4% (11 residents)
  • Private companies: 76.4% (68 residents)
  • Governmental workers: 4.5% (4 residents)
  • Not-for-profit companies: 6.7% (6 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025