
Illinois · Census place 43445
Lima, IL population, income and ZIP codes
Quick answer
The population of the city of Lima, Illinois (Lima, IL — Census place “Lima village”) is 231 residents, ranking #1162 of 1462 places in Illinois. Median household income is $71,250, the median home is worth $89,200 and median gross rent runs — a month. Looking for the Lima Illinois ZIP code list? 1 ZIP codes serve Lima, IL: 62348.
- Population
- 231Lima village residents
- Median household income
- $71,250Past 12 months, inflation adjusted
- Median home value
- $89,200Owner-occupied units
- Median gross rent
- —Rent plus utilities, monthly
- Median age
- 35.1 yrsAll residents
- Homeownership rate
- 77.3%Owner-occupied households
Lima ZIP codes (Illinois)
Census ZCTAs whose delivery area overlaps Lima.
The Lima IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.
What the numbers mean in Lima village
Housing cost measured against local earnings.
The median home costs 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 77.3% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Lima village, IL in context
How this area compares with national benchmarks.
Lima village is a very small community in Illinois, with 231 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #1162 of 1,462 ranked by population — larger than 20% of them. The median age here is 35.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.
Households in Lima village earn a median of $71,250 a year, 9.3% below the national figure of $78,538 and 4% below the $74,244 median for the 698 Illinois cities we cover. Household income here is measured before tax and pooled across everyone at the address, which is why it reads higher than typical individual earnings in the same area. Poverty reaches 6.1% of residents here, less than half the 12.4% national rate.
The typical owner-occupied home in Lima village is valued at $89,200, 70.6% below the national figure and 50% below the $179,100 peer median, while median gross rent runs not published a month. The home-price-to-income ratio works out to 1.3×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 77.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.
With 231 residents, a handful of survey responses moves every median on this page. Compare Lima village against its county rather than against national figures.
The Census withheld gross rent for Lima village because the sample was too thin to publish at this geography. Those values were suppressed at the source, not lost in our dataset, and we do not model a replacement. Everything else on this page comes straight from the ACS 2019-2023 ACS 5-year tables.
Compare with nearby places
Places of similar size in Illinois.
- Chicago city 2,707,648
- Aurora city 179,867
- Joliet city 149,785
- Naperville city 149,424
- Rockford city 147,649
- Elgin city 114,106
- Springfield city 113,714
- Peoria city 112,126
Keep going
More Illinois coverage.
Frequently asked questions
Common questions about this area.
- What is the population of Lima village?
- Lima village has 231 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #1162 of 1,462 in Illinois.
- What is the median household income in Lima village?
- Median household income in Lima village is $71,250 a year, 9.3% below the national figure of $78,538.
- How much does it cost to rent or buy in Lima village?
- Median gross rent is not published a month and the median home value is $89,200.
- Is Lima village affordable compared with the rest of the US?
- Homes cost about 1.3× the local median income here versus roughly 3.9× nationally, so Lima village is more affordable to buy in than the typical US market.
- How current is this Lima village data?
- All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.