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The total population of Shannon is estimated to be 697 with 335 males (48.06%) and 362 females (51.94%). There are 27 more females than males in Shannon.
The median household income in Shannon was $62,029 in 2021, which marked an an increase of 2,539(4.27%) from $59,490 in 2020. This income is 83.14% 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, Shannon sees its highest median household income among householders in the age group of 45 to 64 years old, at $91,727. Overall, the median household income for the village of Shannon stands at $62,029.
In Shannon, the median income for all workers aged 15 years and older, regardless of work hours, was $45,128 for males and $30,453 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $53,145 for males and $43,236 for females.
In Shannon, there are just two different racial groups among households. Among these, Two or More Races households report a median household income of $95,931, while White households have a median household income of $62,152.
In 2022, the population of Shannon was 851, a 2.65% increase year-by-year from 2021. Previously, in 2021, Shannon's population was 829, an increase of 3.62% compared to a population of 800 in 2020.
The median age in Shannon, IL is 48.0, as per 2021 ACS 5-Year Estimates. Of the total population, 17.30% were under the age of 15, 12.09% aged 15 to 29, 43.26% aged 30 to 64, 21.37% aged 65 to 84, and 5.98% were 85 years of age and older.
Racial distribution of Shannon population: 95.42% are White, 0.64% are Black or African American, 1.02% are Asian, 0.51% are some other race and 2.42% are multiracial.