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The total population of Alvan is estimated to be 172 with 87 males (50.58%) and 85 females (49.42%). There are 2 less females than males in Alvan.
The median household income in Alvan was $70,987 in 2021, which marked an an increase of 5,201(7.91%) from $65,786 in 2020. This income is 95.15% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Alvan sees its highest median household income among householders in the age group of 45 to 64 years old, at $72,624. Overall, the median household income for the village of Alvan stands at $70,987.
In Alvan, the median income for all workers aged 15 years and older, regardless of work hours, was $41,499 for males and $14,477 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $43,236 for males and $33,103 for females.
In Alvan, population is primarily represented by White households, reporting a median income of $70,987.
In 2022, the population of Alvan was 229, a 1.29% decrease year-by-year from 2021. Previously, in 2021, Alvan's population was 232, a decline of 0.85% compared to a population of 234 in 2020.
The median age in Alvan, IL is 49.7, as per 2021 ACS 5-Year Estimates. Of the total population, 8.11% were under the age of 15, 17.57% aged 15 to 29, 45.95% aged 30 to 64, 27.93% aged 65 to 84, and 0.45% were 85 years of age and older.
Racial distribution of Alvan population: 99.55% are White and 0.45% are multiracial.