Old Town, McLean County, Illinois Population and Demographics

In this article, we'll explore the population statistics for Old Town, Illinois, including popular demographics data like median age, number of households, household income, gender, employment and unemployment rates, occupations, religion, and more.

We are using the latest American Community Survey (ACS) 5-Year survey data from the US Census Bureau, which is accurate up to 2021.

Table of Contents

Population

There is a lot of data that lets us see how many people live in Old Town, Illinois. The most basic data is the total population, which is the total number of people living in Old Town, Illinois. The estimated population of Old Town, Illinois is 3,360 people, with a median age of 37.8.

We can look at the total population in Old Town over the last 5 years to see how much it has changed.

Year Population Change 5-Year Change
2021
3,360
+11.11%
+10.78%
2020
3,024
-0.13% -
2019
3,028
-0.59% -
2018
3,046
+0.43%
-
2017
3,033
- -

Population of Old Town, Illinois by Race and Ethnicity

We can also look at how the population has changed over the last 5 years by each of the race/ethnicity types as defined by the US Census Bureau.

Race 2021 2017 Change
White
94.6%
97.2%
-2.67%
Black/African American
0.9%
0%
0.00%
Native
0%
0%
0.00%
Hispanic
1.8%
2.5%
-28.00%
Asian
1.9%
0%
0.00%
Hawaiian/Pacific Islander
0%
0%
0.00%
Two Or More Races
0.8%
0.3%
+166.67%
Other
0%
0%
0.00%

This data can be very important for a number of reasons, including social and economic research, planning and development, and marketing to a multi-cultural population.

Note that the Native group includes both Native American and Alaskan Native people.

Population of Old Town, Illinois by Age and Gender

The age and gender of a population is another interesting demographic statistic because it lets us track trends in the population over time. For example, we can see how the population has changed over the last 5 years by median age as a total, and also by male and female.

Year Total Male Female
2021 37.8 -0.53% 36.4 -5.21% 39.4 +4.23%
2020 38 +0.8% 38.4 +5.49% 37.8 -4.06%
2019 37.7 +0.8% 36.4 +7.37% 39.4 +1.29%
2018 37.4 +5.65% 33.9 +2.42% 38.9 +3.46%
2017 35.4 - 33.1 - 37.6 -

The median age of Old Town, Illinois gives you an idea of the age distribution, with half of the population being older than the median age and half being younger.

This can then be used to infer and compare against birth rates, parent ages, and more metrics to understand the population. For example, an increasing median age indicates an aging population, which can be a sign of a declining population in terms of birth rates and workforce participation.

Age 2021 2017
(Years) Male Female Male Female
0 to 9 321 -24.65% 286 +21.06% 235 341
10 to 19 378 5.96% 195 +62.75% 369 342
20 to 29 92 4.31% 60 73% 79 59
30 to 39 190 -0.95% 220 -43.08% 187 137
40 to 49 261 +21.77% 230 +58.84% 317 387
50 to 59 198 -23.38% 230 -27.83% 152 168
60 to 69 95 +63.4% 75 +98.09% 162 164
70+ 107 +31.7% 95 +83.84% 141 120

Median Household Income

The latest median household income of Old Town, Illinois is $143,462.00.

In simple terms, the median income is the middle income of a group of people. Half of the people in the group make more than the median income, and half make less. The median income is a good indicator of the overall income of a group of people, and can be used to compare against other metrics such as the average income, per capita income, and more.

Median Income by Age

We can also look at the median income by age to see how the median income varies by age, and how it compares to the overall median income for Old Town.

  • Under 25
    $0.00
  • 25 to 44
    $176,765.00
  • 45 to 64
    $173,068.00
  • 65 and over
    $92,664.00

Average Household Income

Whenever we ask what is the average household income in Old Town, we are actually talking about the mean household income.

This is calculated by adding up all the incomes of all the households in Old Town, and then dividing that number by the total number of households. This is a good way to get a general idea of the average income of a group of people, but it can be skewed by a very high or very low incomes.

The average household income of Old Town, Illinois is currently $164,942.00.

In terms of accurately summarizing income at a geographic level, the median income is a better metric than the average income because it isn't affected by a small number of very high or very low incomes.

If you had an area where the average income was greater than the median, it can mean that there is significant income inequality, with income being concentrated in a small number of wealthy households.

30.83% of households in Old Town are classed as high income households (making $200,000+ per year).

Household Income Tiers

The US Census Bureau divides households into income tiers based on the median income for the area. This is a good way to compare the income of Old Town against other areas.

  • Less than $24,999
    5.83%
  • $25,000 to $49,999
    5.83%
  • $50,000 to $74,999
    7.80%
  • $75,000 to $99,999
    15.88%
  • $100,000 to $149,999
    16.82%
  • $150,000 to $199,999
    17.01%
  • $200,000 or more
    30.83%

Per Capita Income

The per capita income in Old Town is $51,257.00.

Per capita income is the average income of a person in a given area. It is calculated by dividing the total income of Old Town by the total population of Old Town.

This is different from the average or mean income because it includes and accounts for all people in Old Town, Illinois, including people like children, the elderly, unemployed people, retired people, and more.

Education Levels

We can also look at the education levels in Old Town to see how many people have a high school degree, a bachelor's degree, or a graduate degree.

Educational attainment is a good indicator of the overall education level of a population, and can be used to compare against other metrics such as the average income, per capita income, and more to see how education levels affect income, unemployment rates, and more.

  • Master's degree or higher
    15.87%
  • Bachelor's degree
    51.85%
  • Some college or associate's degree
    10.24%
  • High school diploma or equivalent
    21.50%
  • Less than high school diploma
    0.55%

Employment

Employment rates are all based around the total population in Old Town that are over the age of 16.

The total population of Old Town over the age of 16 is 2,288.

Of those people, a total of 65.40% are working or actively looking for work. This is called the labor force participation rate.

The participation rate is a useful market measure because it shows the relative amount of labor resources available to the economy.

The employment to total population rate in Old Town is 64.60%.

Employment by Age

We can look at the employment rates by age to see how it compares to the overall employment rate.

Age Population Participation Unemployment Rate
16 to 19 years 215 11.60% 0.00%
20 to 24 years 39 33.30% 0.00%
25 to 29 years 99 100.00% 0.00%
30 to 34 years 193 83.40% 0.00%
35 to 44 years 520 88.70% 0.90%
45 to 54 years 478 84.90% 0.00%
55 to 59 years 157 92.40% 0.00%
60 to 64 years 113 74.30% 17.90%
65 to 74 years 318 32.40% 0.00%
75 years and over 156 0.00% 0.00%

Employment by Race

Another very interesting employment statistic we can look at is the employment and unemployment rates by race in Old Town. The table below shows the rates for each of the ethnicity groups types defined by the US Census Bureau.

Age Population Participation Unemployment Rate
White 2,213 64.30% 1.30%
Black or African American 30 100.00% 0.00%
American Indian and Alaska Native 0 0.00% 0.00%
Asian 11 100.00% 0.00%
Native Hawaiian and Other Pacific Islander 0 0.00% 0.00%
Other 6 100.00% 0.00%
Two or more races 28 100.00% 0.00%
Hispanic or Latino 6 100.00% 0.00%
Not Hispanic or Latino 2,213 64.30% 1.30%

Occupations

In this section we can look at the most common occupations in Old Town as well as the gender breakdown and earnings of them.

The total population of civilian employees that are 16 years old or older in Old Town is 1,478, with median earnings of $85,743.00.

Women in Old Town, Illinois earning approximately 70.50% of the men's earnings.

Population Earnings
Total 1,478 $85,743.00
Male 777 $106,250.00
Female 701 $74,911.00

Occupations by Category

In the table below, we can break down the population and earnings even further by occupation. The list of occupation categories below will show you how many people are employed in each category and the median earnings of each profession.

Occupation Employed Earnings
Management 248 $80,179.00
Business and Financial 236 $85,000.00
Computer and Mathematical 121 $111,250.00
Architecture and Engineering 38 $93,971.00
Life, Physical, and Social Science 13 $0.00
Community and Social Service 79 $152,159.00
Legal 0 $0.00
Educational and Library 89 $58,875.00
Arts, Design, Entertainment, Sports, and Media 16 $0.00
Healthcare Practitioners 93 $230,583.00
Healthcare Support 0 $0.00
Firefighters and Protective Service 8 $0.00
Law Enforcement 0 $0.00
Food Preparation and Serving 29 $8,438.00
Building and Grounds Cleaning 0 $0.00
Personal Care and Service 2 $0.00
Sales 235 $125,508.00
Office and Administrative Support 104 $58,269.00
Farming, Fishing, and Forestry 10 $0.00
Construction and Extraction 16 $0.00
Installation, Maintenance, and Repair 39 $48,646.00
Production 40 $3,864.00
Transportation and Material Moving 60 $19,063.00

Occupations by Gender

The table below shows the same occupations from the list above, but we have split them by male and female to see how many male and females work in each occupation, the median earnings, and the male to female ratio of earnings.

That last metric is important because it can be used to look at the gender pay gap between men and women.

Occupation Male Female
Population Earnings Population Earnings
Management 165 $109,083.00 83 $68,194.00
Business and Financial 70 $112,083.00 166 $82,833.00
Computer and Mathematical 54 $98,088.00 67 $123,008.00
Architecture and Engineering 38 $93,971.00 0 $0.00
Life, Physical, and Social Science 13 $0.00 0 $0.00
Community and Social Service 35 $0.00 44 $0.00
Legal 0 $0.00 0 $0.00
Educational and Library 2 $0.00 87 $58,792.00
Arts, Design, Entertainment, Sports, and Media 0 $0.00 16 $0.00
Healthcare Practitioners 47 $250,001.00 46 $153,333.00
Healthcare Support 0 $0.00 0 $0.00
Firefighters and Protective Service 8 $0.00 0 $0.00
Law Enforcement 0 $0.00 0 $0.00
Food Preparation and Serving 0 $0.00 29 $8,438.00
Building and Grounds Cleaning 0 $0.00 0 $0.00
Personal Care and Service 0 $0.00 2 $0.00
Sales 170 $126,875.00 65 $106,208.00
Office and Administrative Support 11 $0.00 93 $34,063.00
Farming, Fishing, and Forestry 10 $0.00 0 $0.00
Construction and Extraction 16 $0.00 0 $0.00
Installation, Maintenance, and Repair 39 $48,646.00 0 $0.00
Production 40 $3,864.00 0 $0.00
Transportation and Material Moving 57 $18,906.00 3 $0.00

Households and Family Size

A household defined bu the US Census Bureau is a group of people who occupy a housing unit. A housing unit is a house, apartment, mobile home, group of rooms, or single room occupied as separate living quarters.

There are currently 1,064 households in Old Town, with an average household size of 3.16 people.

A family is defined as a group of two or more people related by birth, marriage, or adoption who live together in the same household.

There are 881 families in Old Town with an average family size of 3.53 people.

Households by Marital Status

The four categories of household by marital status are:

  • Married-couple family
  • Male householder with no spouse present
  • Female household with no spouse present
  • Nonfamily household

The table below shows the total number of households and families, with the average sizes of each.

Married Male Female Nonfamily
Total Households 791 20 70 183
Average Household Size 3.66 2.7 2.5 1.3
Total Families 791 20 70 0
Average Household Size 3.66 2.15 2.5 0

Poverty

Of the 881 families in Old Town, 1.70% are considered to be below the poverty threshold.

The table below shows the latest poverty thresholds in Old Town:

Household Size Poverty Threshold
1 Person $14,580.00
2 People $19,720.00
3 People $24,860.00
4 People $30,000.00
5 People $35,140.00
6 People $40,280.00
7 People $45,420.00
8 People $50,560.00

Housing

There are 1,118 housing units in Old Town, Illinois.

The table below shows the split between occupied and vacant units:

Total Percentage
Occupied 1,064 95.17%
Vacant 54 4.83%

3.04% of the total 1,118 housing units in Old Town are rental units. This is approximately 34 properties.

For owner-occupied housing units, a total of 1,015 are occupied by the owner - or 90.79% of the total.

Rental Rates

The median rent for a property in Old Town is $860.00.

In the chart below, we can look at the number of rental properties in Old Town that fall into a particular rent range. These can then be used to compare with other areas, or to see how they have changed over time.

  • No rent paid
    15
  • Less than $500
    0
  • $500 to $999
    23
  • $1,000 to $1,499
    11
  • $1,500 to $1,999
    0
  • $2,000 to $2,499
    0
  • $2,500 to $2,999
    0
  • $3,000 or more
    0

Property Value

The median value of a property in Old Town is $295,800.00.

Just like with rental rates, we can look at the number of properties in Old Town that fall into a particular value range.

  • Less than $50,000
    0
  • $50,000 to $99,999
    34
  • $100,000 to $149,999
    71
  • $150,000 to $199,999
    110
  • $200,000 to $299,999
    305
  • $300,000 to $499,999
    426
  • $500,000 to $999,999
    69
  • $1,000,000 or more
    0

Property Age

We can also look at the age of properties in Old Town. The chart below shows the number of properties in Old Town that fall into a particular age range.

  • 1939 or earlier
    174
  • 1940 to 1949
    13
  • 1950 to 1959
    26
  • 1960 to 1969
    153
  • 1970 to 1979
    193
  • 1980 to 1989
    102
  • 1990 to 1999
    221
  • 2000 to 2009
    145
  • 2010 to 2013
    91
  • 2014 or later
    0

Vehicles per Household

The number of vehicles available per household can be a good indicator of the level of affluence in an area. The chart below shows the number of households in Old Town that have a particular number of vehicles available.

  • No vehicles available
    0
  • 1 vehicle available
    100
  • 2 vehicles available
    547
  • 3 or more vehicles available
    417

Commuting to Work

In this section, we can also look at how people in Old Town get to work. The chart below shows the number of people in Old Town that commute to work in a particular way.

21.1 minutes is the average travel time to work for people in Old Town.

These commute times can be compared to other date like income and educational levels to see how they relate to each other and if there are any trends in the data that might suggest a correlation.

  • Less than 5 minutes
    0
  • 5 to 9 minutes
    78
  • 10 to 14 minutes
    250
  • 15 to 19 minutes
    329
  • 20 to 24 minutes
    207
  • 25 to 29 minutes
    15
  • 30 to 34 minutes
    64
  • 35 to 39 minutes
    24
  • 40 to 44 minutes
    53
  • 45 to 59 minutes
    111
  • 60 to 89 minutes
    0
  • 90 or more minutes
    13

Summary

We've covered a LOT of demographic and population data for Old Town, Illinois in this article! Hopefully you have found it very useful in your research of the area.

If you use any of the data found on this page, please consider linking back to USPopulation.org as the source and if you have any feedback or data requests, click here to contact us.