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Shannon, 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
772
Population
$58,929
Median Income
$115,100
Home Value
51.8
Median Age

Demographics

Shannon has a population of 772 with a median age of 51.8. Here is the racial and ethnic breakdown of the population:

White
94.4%
Other
3.2%
Hispanic
1.9%
Demographic Value
Total Population772
Median Age51.8
White94.4%
Black or African American0.1%
Asian0.4%
Hispanic or Latino1.9%
Other / Two or More Races3.2%
Shannon, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 94.4%Other: 3.2%Other: 2.4%772PopulationWhiteWhite94.4%OtherOther3.2%OtherOther2.4%

Income & Economy

The median household income in Shannon is $58,929, which is 26.9% below the national median of $80,610. The per capita income is $34,875. The poverty rate is 9.7%.

$58,929
Median Household Income
$34,875
Per Capita Income
9.7%
Poverty Rate

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Education

In Shannon, 95.6% of residents age 25+ have a high school diploma or higher, and 16.7% hold a bachelor's degree or higher (5.4% with a graduate or professional degree).

HS Diploma+
95.6%
Bachelor's+
16.7%
Graduate+
5.4%
Education Level % of Adults (25+)
High School Diploma or Higher95.6%
Bachelor's Degree or Higher16.7%
Graduate or Professional Degree5.4%

Housing

The median home value in Shannon is $115,100, below the national median of $303,400. The median monthly rent is $604. The homeownership rate is 87.7%.

$115,100
Median Home Value
$604/mo
Median Rent
87.7%
Homeownership Rate
Housing Metric Value
Median Home Value$115,100
Median Monthly Rent$604
Homeownership Rate87.7%
Vacancy Rate11.6%

Salaries in Illinois

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Other Cities in Illinois

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Frequently Asked Questions

What is the population of Shannon, Illinois?
The population of Shannon, Illinois is 772 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shannon, Illinois?
The median household income in Shannon, Illinois is $58,929. This is 26.9% below the national median of $80,610.
What is the median home value in Shannon, Illinois?
The median home value in Shannon, Illinois is $115,100. The median monthly rent is $604.
What percentage of people in Shannon have a college degree?
In Shannon, Illinois, 16.7% of adults age 25 and older hold a bachelor's degree or higher, and 95.6% have a high school diploma or higher.
Is Shannon, Illinois an affordable place to live?
The home price-to-income ratio in Shannon, Illinois is 2.0x (median home value $115,100 vs. median income $58,929), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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