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The total population of Arcola is estimated to be 2,726 with 1,357 males (49.78%) and 1,369 females (50.22%). There are 12 more females than males in Arcola.
The median household income in Arcola was $73,097 in 2021, which marked an an increase of 4,293(6.24%) from $68,804 in 2020. This income is 97.98% 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, Arcola sees its highest median household income among householders in the age group of 45 to 64 years old, at $81,531. Overall, the median household income for the city of Arcola stands at $73,097.
In Arcola, the median income for all workers aged 15 years and older, regardless of work hours, was $41,517 for males and $27,060 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,648 for males and $39,647 for females.
In Arcola, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $96,775, while White households have a median household income of $68,233.
In 2022, the population of Arcola was 2,923, a 0.07% decrease year-by-year from 2021. Previously, in 2021, Arcola's population was 2,925, a decline of 0.17% compared to a population of 2,930 in 2020.
The median age in Arcola, IL is 35.3, as per 2021 ACS 5-Year Estimates. Of the total population, 25.27% were under the age of 15, 19.00% aged 15 to 29, 41.64% aged 30 to 64, 11.72% aged 65 to 84, and 2.38% were 85 years of age and older.
Racial distribution of Arcola population: 73.40% are White, 3.60% are Black or African American, 2.56% are American Indian and Alaska Native, 4.83% are some other race and 15.61% are multiracial.