The median home value in Rankin, IL is $89,500. This is higher than the county median home value of $78,900. The national median home value is $338,100. The average price of homes sold in Rankin, IL is $89,500. Approximately 53.23% of Rankin homes are owned, compared to 21.37% rented, while 25.4% are vacant. Rankin real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Rankin real estate agent to arrange a tour today!
Rankin, Illinois has a population of 545. Rankin is more family-centric than the surrounding county with 35.2% of the households containing married families with children. The county average for households married with children is 24.27%.
The median household income in Rankin, Illinois is $47,031. The median household income for the surrounding county is $49,063 compared to the national median of $69,021. The median age of people living in Rankin is 32.8 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 16.2 degrees. The average rainfall is approximately 39.4 inches per year, with 15.4 inches of snow per year.