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Illinois · Census place 49347

Mill Shoals, IL population, income and ZIP codes

Quick answer

The population of the city of Mill Shoals, Illinois (Mill Shoals, IL — Census place “Mill Shoals village”) is 138 residents, ranking #1295 of 1462 places in Illinois. Median household income is $58,542, the median home is worth $60,000 and median gross rent runs — a month. Looking for the Mill Shoals Illinois ZIP code list? 1 ZIP codes serve Mill Shoals, IL: 62862.

Population
138Mill Shoals village residents
Median household income
$58,542Past 12 months, inflation adjusted
Median home value
$60,000Owner-occupied units
Median gross rent
—Rent plus utilities, monthly
Median age
39.4 yrsAll residents
Homeownership rate
96.9%Owner-occupied households

Mill Shoals ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Mill Shoals.

The Mill Shoals 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 Mill Shoals village

Housing cost measured against local earnings.

The median home costs 1.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 96.9% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Mill Shoals village, IL in context

How this area compares with national benchmarks.

Mill Shoals village is a very small community in Illinois, with 138 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #1295 of 1,462 ranked by population — larger than 11% of them. The median age here is 39.4 years against 39.1 nationally, a slightly older 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 Mill Shoals village earn a median of $58,542 a year, 25.5% below the national figure of $78,538 and 21% below the $74,244 median for the 698 Illinois cities we cover. This figure covers the household, not the worker: two people on ordinary wages at one address outrank a single professional in the same table. Poverty reaches 9.4% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Mill Shoals village is valued at $60,000, 80.2% below the national figure and 66% 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×, 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. 96.9% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

With 138 residents, a handful of survey responses moves every median on this page. Compare Mill Shoals village against its county rather than against national figures.

The Census withheld gross rent for Mill Shoals 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.

More Illinois coverage.

Frequently asked questions

Common questions about this area.

What is the population of Mill Shoals village?
Mill Shoals village has 138 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #1295 of 1,462 in Illinois.
What is the median household income in Mill Shoals village?
Median household income in Mill Shoals village is $58,542 a year, 25.5% below the national figure of $78,538.
How much does it cost to rent or buy in Mill Shoals village?
Median gross rent is not published a month and the median home value is $60,000.
Is Mill Shoals village affordable compared with the rest of the US?
Homes cost about 1× the local median income here versus roughly 3.9× nationally, so Mill Shoals village is more affordable to buy in than the typical US market.
How current is this Mill Shoals 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.