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The total population of Mahomet is estimated to be 9,545 with 4,733 males (49.59%) and 4,812 females (50.41%). There are 79 more females than males in Mahomet.
The median household income in Mahomet was $132,288 in 2021, which marked an an increase of 3,256(2.52%) from $129,032 in 2020. This income is 177.32% 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, Mahomet sees its highest median household income among householders in the age group of 45 to 64 years old, at $142,336. Overall, the median household income for the village of Mahomet stands at $132,288.
In Mahomet, the median income for all workers aged 15 years and older, regardless of work hours, was $81,811 for males and $43,167 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $94,739 for males and $54,922 for females.
In Mahomet, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $270,229, while White households have a median household income of $127,961.
In 2022, the population of Mahomet was 10,070, a 4.24% increase year-by-year from 2021. Previously, in 2021, Mahomet's population was 9,660, an increase of 1.49% compared to a population of 9,518 in 2020.
The median age in Mahomet, IL is 37.1, as per 2021 ACS 5-Year Estimates. Of the total population, 27.62% were under the age of 15, 14.31% aged 15 to 29, 49.77% aged 30 to 64, 7.60% aged 65 to 84, and 0.70% were 85 years of age and older.
Racial distribution of Mahomet population: 92.73% are White, 0.52% are Black or African American, 1.28% are Asian, 0.83% are Native Hawaiian and other Pacific Islander and 4.65% are multiracial.