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Mill Shoals, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
126
Population
$58,875
Median Income
$65,800
Home Value
56.5
Median Age

Demographics

Mill Shoals has a population of 126 with a median age of 56.5. Here is the racial and ethnic breakdown of the population:

White
96.8%
Asian
3.2%
Hispanic
0.8%
Demographic Value
Total Population126
Median Age56.5
White96.8%
Asian3.2%
Hispanic or Latino0.8%
Mill Shoals, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 101.White: 96.0%Asian: 3.2%Other: 0.8%126PopulationWhiteWhite96.0%AsianAsian3.2%OtherOther0.8%

Income & Economy

The median household income in Mill Shoals is $58,875, which is 27.0% below the national median of $80,610. The per capita income is $33,525. The poverty rate is 13.5%.

$58,875
Median Household Income
$33,525
Per Capita Income
13.5%
Poverty Rate

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Education

In Mill Shoals, 84.5% of residents age 25+ have a high school diploma or higher, and 17.5% hold a bachelor's degree or higher (6.8% with a graduate or professional degree).

HS Diploma+
84.5%
Bachelor's+
17.5%
Graduate+
6.8%
Education Level % of Adults (25+)
High School Diploma or Higher84.5%
Bachelor's Degree or Higher17.5%
Graduate or Professional Degree6.8%

Housing

The median home value in Mill Shoals is $65,800, below the national median of $303,400. The homeownership rate is 91.0%.

$65,800
Median Home Value
91.0%
Homeownership Rate
Housing Metric Value
Median Home Value$65,800
Homeownership Rate91.0%
Vacancy Rate11.8%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Mill Shoals, Illinois?
The population of Mill Shoals, Illinois is 126 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Mill Shoals, Illinois?
The median household income in Mill Shoals, Illinois is $58,875. This is 27.0% below the national median of $80,610.
What is the median home value in Mill Shoals, Illinois?
The median home value in Mill Shoals, Illinois is $65,800.
What percentage of people in Mill Shoals have a college degree?
In Mill Shoals, Illinois, 17.5% of adults age 25 and older hold a bachelor's degree or higher, and 84.5% have a high school diploma or higher.
Is Mill Shoals, Illinois an affordable place to live?
The home price-to-income ratio in Mill Shoals, Illinois is 1.1x (median home value $65,800 vs. median income $58,875), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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