HomeIllinoisChampaign CountyRantoul
Rantoul, Illinois: commercial real estate data.
Rantoul is a Census village of 12,421 people across 8.49 square miles of land, in Champaign County. Median household income is $48,691, 55.0 percent of occupied homes are owned, and the SBA record carries 14 7(a) approvals to borrowers here worth $15.2 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Rantoul
What Rantoul is
- Census place typevillage
- Land area8.49 sq mi
- Water area0.1 sq mi
- Population per square mile of land1,463
- County holding the largest share of its areaChampaign County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rantoul
How many people live in Rantoul
- Population12,421
- Median age36.6
- Population under 183,192
- Share under 1825.7 percent
- Population 65 and over1,812
- Share 65 and over14.6 percent
- Households5,374
- Family households2,924
- Share of households that are families54.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rantoul
Income and work in Rantoul
- Median household income$48,691
- Per capita income$28,208
- Civilian labor force5,334
- Employed5,163
- Unemployed171 plus or minus 114
- Unemployment rate3.2 percent plus or minus 2.1
- Adults 25 and over8,326
- Adults 25 and over with a high school diploma or higher93.1 percent
- Adults 25 and over with a bachelor degree or higher12.4 percent plus or minus 3.1
- Adults 25 and over with a graduate degree4.9 percent plus or minus 2.0
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rantoul
Housing in Rantoul
- Housing units6,089
- Occupied units5,374
- Vacant units715 plus or minus 256
- Vacancy rate11.7 percent plus or minus 4.1
- Owner occupied2,958
- Renter occupied2,416
- Ownership rate55.0 percent
- Median owner-occupied home value$118,200
- Median gross rent, monthly$890
- Annual rent as a share of median income21.9 percent
- Single family units3,889
- Share single family63.9 percent
- Units in buildings of two or more1,981 plus or minus 413
- Share in buildings of two or more32.5 percent
- Mobile homes219 plus or minus 142
- Median year structure built1966
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rantoul
How Rantoul gets to work
- Workers 16 and over who commute4,384
- Commuting under 15 minutes1,659 plus or minus 359
- Share commuting under 15 minutes37.8 percent
- Commuting 30 minutes or more1,128 plus or minus 313
- Share commuting 30 minutes or more25.7 percent plus or minus 6.5
- Drove alone78.3 percent
- Carpooled8.0 percent plus or minus 3.7
- Public transport0.1 percent plus or minus 0.3
- Walked1.4 percent plus or minus 1.1
- Worked from home11.8 percent plus or minus 5.1
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rantoul
SBA loans in Rantoul (7(a))
- Approvals14
- Gross approval$15,226,100
- Average approval$1,087,579
- Median approval$583,000
- Largest approval$5,000,000
- Jobs supported193
- Jobs per approval13.8
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term227 months
- Share on real estate terms of 20 years or more50.0 percent
- Share to franchises21.4 percent
- Distinct lenders9
- Distinct industries by NAICS10
Counted by borrower city: approvals to borrowers whose address is in Rantoul, in any county, FY2020 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Rantoul
SBA loans in Rantoul (504)
- Approvals1
- Gross approval$824,000
- Average approval$824,000
- Median approval$824,000
- Largest approval$824,000
- Jobs supported0
- Loans with a final outcome0
- Charged off0
- Median term240 months
- Distinct CDCs1
Counted by borrower city: approvals to borrowers whose address is in Rantoul, in any county, FY2010 to FY2026. Only 0 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Rantoul
Flood risk in Rantoul
- NFIP communityVillage of Rantoul
- NFIP community number170031
- Participating in the NFIPYes
- Community Rating System classNone
- Currently effective map date10/02/13(M)
The Village of Rantoul participates in the National Flood Insurance Program as community 170031 and carries no Community Rating System class, so no CRS premium discount applies to it.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Champaign County, not Rantoul
Champaign County context, not Rantoul figures
- Establishments in Champaign County4,237
- Covered employment, Champaign County94,777
- Average annual pay, Champaign County$64,216
- Housing units permitted, Champaign County565
Every figure in this section is published for Champaign County as a whole and is not a measurement of Rantoul.
All Champaign County figures →
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Rantoul questions, answered from the record.
How many people live in Rantoul, Illinois?
12,421, in 5,374 households. Rantoul village covers 8.49 square miles of land, which is 1,463 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rantoul in?
Champaign County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Rantoul?
$48,691. The median owner-occupied home is valued at $118,200. Median gross rent is $890 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Rantoul businesses?
14 7(a) approvals totaling $15.2 m since FY2020, across 9 lenders, median approval $583,000, plus 1 504 approvals worth $824,000 since FY2010. These count approvals to borrowers whose address is in Rantoul, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Rantoul borrowers get paid back?
No rate is published for Rantoul. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Rantoul in the National Flood Insurance Program?
Yes. Rantoul appears in the FEMA Community Status Book as Rantoul, village of, community 170031, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Rantoul figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Champaign County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Rantoul.
Is zoning published for Rantoul?
No. Nothing on this page presents parcel level zoning.
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