Rankin, IL demographics:
population, income, and more

Total population
601
7.3% year-over-year change
Median household income
$41,250/yr
-12.5% year-over-year change
Housing units
262
-1.1% year-over-year change

Rankin population

How many people live in Rankin

Rankin is home to 601 residents, according to the most recent Census data. Gender-wise, 48.1% of Rankin locals are male, and 51.9% are female.

Total population
601
7.3% year-over-year change
Gender ratio
Male
48.1%
289
Female
51.9%
312
Value Percent YoY change
Male 289 48.1% -0.7%
Female 312 51.9% 16.0%
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 Rankin is 32, with the population distributed as follows: about 26.6% are children under 15, then 10.5% are in the 15 to 24 age group. Adults between 25 and 44 make up 34.1% of the population, while another 20.5% fall into the 45 to 64 bracket. Finally, around 8.3% are 65 or older.

Median age
32.4
Age breakdown
Under 15
26.6%
15 to 24
10.5%
25 to 44
34.1%
45 to 64
20.5%
Over 65
8.3%
Value Percent YoY change
Under 15 160 26.6% 22.1%
15 to 24 63 10.5% 28.6%
25 to 44 205 34.1% 0.5%
45 to 64 123 20.5% -6.8%
Over 65 50 8.3% 13.6%
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 1.8% 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 601 100% 8.7%
Racial breakdown
White
98.2%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
0%
Native Hawaiian and other Pacific Islander
0%
Two or more races
1.8%
Other
0%
Value Percent
White 590 98.2%
Two or more races 11 1.8%

Households in Rankin

A peek inside Rankin households

Rankin has 216 households, with an average of 3 members in each. Of these, 72.2% are families, while the remaining 27.8% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
216
6.4% year-over-year change
Average people per household
3
Non-family households
60
Family households
156
Value Percent YoY change
Non-family households 60 27.8% -9.1%
Family households 156 72.2% 13.9%
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 Rankin

The housing landscape of Rankin

Rankin's housing consists of 262 units, with 88.2% 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 10.7% of the housing landscape.

Housing units
262
-1.1% year-over-year change
Housing types
Value Percent
1 unit, detached 231 88.2%
3 or 4 units 3 1.2%
Mobile home 28 10.7%
Homes built since 2020
0
% year-over-year change

The age of buildings in Rankin

In Rankin, the median construction year is 1938. About 53% of homes were built before the 1940s, with another 5% 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 139 53% -5.4%
Built between 1940 and 1949 13 5% 8.3%
Built between 1950 and 1959 12 4.6% 0.0%
Built between 1960 and 1969 26 9.9% 100.0%
Built between 1970 and 1979 27 10.3% -15.6%
Built between 1980 and 1989 6 2.3% -45.5%
Built between 1990 and 1999 35 13.4% 6.1%
Built between 2000 and 2009 4 1.5% -20.0%
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.

Rankin occupancy rates

Out of the 216 occupied housing units in Rankin, 68.5% are owner-occupied, while 31.5% are lived in by tenants. Meanwhile, 17.6% of all homes on the local market sit vacant.

Occupied housing units
216
6.4% year-over-year change
Occupancy breakdown
Renter occupied
68
Owner occupied
148
Value Percent YoY
change
Renter occupied 68 31.5% 4.6%
Owner occupied 148 68.5% 7.2%
Unoccupied housing units
17.6%
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.

Rankin housing costs

Housing costs in Rankin come to a median of $720 per month, while tenants specifically pay a median gross rent of $767.

Median housing costs per month
$720/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.
Median gross rent in Rankin
$767/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Rankin

Rankin education at a glance

About 60.6% of the population in Rankin went to high school, while 27.8% pursued college studies. Another 2.4% earned an associate degree and 4.4% hold a bachelor’s. Meanwhile, 0.7% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 17 4.1% -26.1%
High school diploma 251 60.6% 10.6%
College diploma 115 27.8% 10.6%
Associate degree 10 2.4% -47.4%
Bachelor's degree 18 4.4% -40.0%
Graduate degree 3 0.7% -66.7%
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 Rankin

How much people earn in Rankin

The average annual household income in Rankin was $51,353 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a -10.5% change from the previous year. At the same time, the median income stood at $41,250, reflecting a -12.5% shift over the same period.

Average household income in Rankin
$51,353/year
-10.5% year-over-year change
Median household income in Rankin
$41,250/year
-12.5% year-over-year change

Rankin income by age

In Rankin, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $36,429. Those with someone between 45 and 64 in charge, often well established professionally, earn $54,531 overall. Overall, 50.7% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $36,429 N/A
45 - 64 $54,531 -0.3%
Over 65 $25,938 -15.3%
Above poverty level
303
Below poverty level
295
Value Percent YoY
change
Above poverty level 303 50.7% -9.8%
Below poverty level 295 49.3% 35.9%

Average renter income in Rankin

To get a better sense of what renters earn on average in Rankin, their median household income was $18,935 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 48.6%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$18,935
Rent-to-income ratio
48.6%
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 Rankin

Workforce and job types in Rankin

The job market in Rankin is powered by 168 working residents, spread across a range of industries and roles. 54.2% of the working population are employed in professional or administrative positions, while 45.8% are in hands-on or service-based jobs. Also, 11.3% run their own businesses, 69.6% are employed by private companies, and 17.9% work in the public sector.

Workforce demographics

Working population
168
-17.6% year-over-year change
White collar
91
Blue collar
77
Value Percent YoY change
White collar 91 54.2% -27.8%
Blue collar 77 45.8% -1.3%
Employer type
Self employees
11.3%
Private companies
69.6%
Governmental workers
17.9%
Not for profit companies
1.2%
Value Percent YoY change
Self employees 19 11.3% 0.0%
Private companies 117 69.6% -8.6%
Governmental workers 30 17.9% -40.0%
Not for profit companies 2 1.2% -71.4%
Unemployment rate
28.5%
8.1% year-over-year change

Available workforce

The unemployment rate in Rankin stands at 28.5%, 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 Rankin

How people get around in Rankin

In Rankin, the average commute time is 29 minutes.

Commute time
29 min
Means of transportation
Value Percent YoY change
Car 149 90.8% -17.2%
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 Rankin by zipcode?

Zipcode Population Number of households Median income Average income
60960 946 320 $56,518 $63,259

Explore more communities

FAQs about Rankin demographics 

What is the total population of Rankin?

Rankin has a total population of 601 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 +7.3% compared to a year ago.

What is the gender ratio in Rankin?

The gender ratio in Rankin is as follows:
  • 48.1% males (289 residents)
  • 51.9% females (312 residents)

What is the median age in Rankin?

The median age in Rankin is 32.4.

What is the age distribution of the population in Rankin?

The age distribution in Rankin is as follows:
  • Under 15: 26.6% (160 residents)
  • Ages 15-24: 10.5% (63 residents)
  • Ages 25-44: 34.1% (205 residents)
  • Ages 45-64: 20.5% (123 residents)
  • Over 65: 8.3% (50 residents)

What is the racial and ethnic makeup of Rankin?

The racial and ethnic makeup of Rankin is as follows:
  • White: 98.2% (590 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: 1.8% (11 residents)
  • Other: 0% (0 residents)

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

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

How many housing units are there in Rankin?

There are 262 housing units in Rankin, reflecting a -1.1% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Rankin has a total of 216 households, with an average of 3 people in each.

What is the median household income in Rankin?

Rankin has a median household income of $41,250, representing a -12.5% shift from the previous year, according to the U.S. Census Bureau.

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

The employment rate is 71.5% in Rankin, with a workforce of 168 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 54.2% (91 residents)
  • Blue-collar workers: 45.8% (77 residents)

Places of employment:
  • Self-employed: 11.3% (19 residents)
  • Private companies: 69.6% (117 residents)
  • Governmental workers: 17.9% (30 residents)
  • Not-for-profit companies: 1.2% (2 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