HomeIllinoisVermilion CountyRankin village
Rankin village, Illinois: commercial real estate data.
Rankin village is a Census village of 601 people across 0.58 square miles of land, in Vermilion County. Median household income is $41,250, 68.5 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $25,000.
70 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Rankin
What Rankin is
- Census place typevillage
- Land area0.58 sq mi
- Water area0 sq mi
- Population per square mile of land1,038 plus or minus 252
- County holding the largest share of its areaVermilion 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.
Rankin
How many people live in Rankin
- Population601 plus or minus 146
- Median age32.4
- Population under 18187 plus or minus 65
- Share under 1831.1 percent plus or minus 7.6
- Population 65 and over50 plus or minus 22
- Share 65 and over8.3 percent plus or minus 3.1
- Households216 plus or minus 63
- Family households156 plus or minus 58
- Share of households that are families72.2 percent plus or minus 16.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rankin
Income and work in Rankin
- Median household income$41,250 plus or minus $17,754
- Per capita income$18,670 plus or minus $4,154
- Civilian labor force235 plus or minus 75
- Employed168 plus or minus 55
- Unemployed67 plus or minus 47
- Unemployment rate28.5 percent plus or minus 17.8
- Adults 25 and over378 plus or minus 89
- Adults 25 and over with a high school diploma or higher79.9 percent
- Adults 25 and over with a bachelor degree or higher5.6 percent plus or minus 4.6
- Adults 25 and over with a graduate degree0.8 percent plus or minus 3.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rankin
Housing in Rankin
- Housing units262 plus or minus 70
- Occupied units216 plus or minus 63
- Vacant units46 plus or minus 31
- Vacancy rate17.6 percent plus or minus 10.9
- Owner occupied148 plus or minus 37
- Renter occupied68 plus or minus 49
- Ownership rate68.5 percent plus or minus 26.3
- Median owner-occupied home value$56,900
- Median gross rent, monthly$767
- Annual rent as a share of median income22.3 percent plus or minus 9.7
- Single family units231 plus or minus 56
- Share single family88.2 percent plus or minus 31.7
- Units in buildings of two or more3 plus or minus 14
- Share in buildings of two or more1.1 percent plus or minus 5.2
- Mobile homes28 plus or minus 42
- Median year structure built1938
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rankin
How Rankin gets to work
- Workers 16 and over who commute149 plus or minus 53
- Commuting under 15 minutes35 plus or minus 23
- Share commuting under 15 minutes23.5 percent plus or minus 12.7
- Commuting 30 minutes or more60 plus or minus 26
- Share commuting 30 minutes or more40.3 percent plus or minus 10.4
- Drove alone80.5 percent
- Carpooled10.4 percent plus or minus 7.8
- Public transport0.0 percent
- Walked0.0 percent
- Worked from home9.1 percent plus or minus 6.6
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Rankin
SBA loans in Rankin (7(a))
- Approvals1
- Gross approval$25,000
- Average approval$25,000
- Median approval$25,000
- Ninetieth percentile approval$25,000
- Largest approval$25,000
- Jobs supported0
- Jobs per approval0.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Rankin
Flood risk in Rankin
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170668
- Currently effective map date05/16/12(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Vermilion County, not Rankin
Vermilion County context, not Rankin figures
These are Vermilion County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Rankin measurements.
- Establishments in Vermilion County1,300
- Employment at those establishments, Vermilion County23,008
- Covered employment, Vermilion County25,748
- Average annual pay, Vermilion County$54,579
- Average weekly wage, Vermilion County$1,050
- Housing units permitted, Vermilion County4
- Of those, single family, Vermilion County4
- County product, 2024, Vermilion County$4,180,111,000
- County product change over the prior year, Vermilion County1.7 percent
- Average income of an arriving household, Vermilion County$40,507
Every figure in this section is published for Vermilion County as a whole and is not a measurement of Rankin. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Rankin questions, answered from the record.
How many people live in Rankin, Illinois?
601, in 216 households. Rankin village covers 0.58 square miles of land, which is 1,038 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Rankin in?
Vermilion 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 Rankin?
$41,250. The median owner-occupied home is valued at $56,900. Median gross rent is $767 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Rankin businesses?
1 7(a) approvals totalling $25,000, across 1 lenders, median approval $25,000. These count approvals to borrowers whose address is in Rankin, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Rankin borrowers get paid back?
No rate is published for Rankin. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Rankin in the National Flood Insurance Program?
Yes. Rankin appears in the FEMA Community Status Book as community 170668, 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 Rankin figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Vermilion 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 Rankin.
Is zoning published for Rankin?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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