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Shipman, 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
618
Population
$56,771
Median Income
$89,400
Home Value
32.8
Median Age

Demographics

Shipman has a population of 618 with a median age of 32.8. Here is the racial and ethnic breakdown of the population:

White
96.3%
Black
1.6%
Other
1.3%
Hispanic
0.8%
Demographic Value
Total Population618
Median Age32.8
White96.3%
Black or African American1.6%
Hispanic or Latino0.8%
Other / Two or More Races1.3%
Shipman, Illinois — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 96.3%Other: 3.7%618PopulationWhiteWhite96.3%OtherOther3.7%

Income & Economy

The median household income in Shipman is $56,771, which is 29.6% below the national median of $80,610. The per capita income is $23,807. The poverty rate is 13.7%.

$56,771
Median Household Income
$23,807
Per Capita Income
13.7%
Poverty Rate

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Education

In Shipman, 91.4% of residents age 25+ have a high school diploma or higher, and 16.0% hold a bachelor's degree or higher (3.8% with a graduate or professional degree).

HS Diploma+
91.4%
Bachelor's+
16.0%
Graduate+
3.8%
Education Level % of Adults (25+)
High School Diploma or Higher91.4%
Bachelor's Degree or Higher16.0%
Graduate or Professional Degree3.8%

Housing

The median home value in Shipman is $89,400, below the national median of $303,400. The homeownership rate is 79.8%.

$89,400
Median Home Value
79.8%
Homeownership Rate
Housing Metric Value
Median Home Value$89,400
Homeownership Rate79.8%
Vacancy Rate15.1%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Shipman, Illinois?
The population of Shipman, Illinois is 618 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Shipman, Illinois?
The median household income in Shipman, Illinois is $56,771. This is 29.6% below the national median of $80,610.
What is the median home value in Shipman, Illinois?
The median home value in Shipman, Illinois is $89,400.
What percentage of people in Shipman have a college degree?
In Shipman, Illinois, 16.0% of adults age 25 and older hold a bachelor's degree or higher, and 91.4% have a high school diploma or higher.
Is Shipman, Illinois an affordable place to live?
The home price-to-income ratio in Shipman, Illinois is 1.6x (median home value $89,400 vs. median income $56,771), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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