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The total population of Timberlane is estimated to be 1,458 with 689 males (47.26%) and 769 females (52.74%). There are 80 more females than males in Timberlane.
The median household income in Timberlane was $189,835 in 2021, which marked an a decrease of 3,790(1.96%) from $193,625 in 2020. This income is 254.45% 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, Timberlane sees its highest median household income among householders in the age group of 45 to 64 years old, at $205,148. Overall, the median household income for the village of Timberlane stands at $189,835.
In Timberlane, the median income for all workers aged 15 years and older, regardless of work hours, was $109,105 for males and $38,237 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $114,961 for males and $78,121 for females.
In Timberlane, population is primarily represented by White households, reporting a median income of $186,682.
In 2022, the population of Timberlane was 906, a 0.00% decrease year-by-year from 2021. Previously, in 2021, Timberlane's population was 906, an increase of 0.33% compared to a population of 903 in 2020.
The median age in Timberlane, IL is 42.9, as per 2021 ACS 5-Year Estimates. Of the total population, 16.33% were under the age of 15, 24.94% aged 15 to 29, 53.82% aged 30 to 64, 4.23% aged 65 to 84, and 0.68% were 85 years of age and older.
Racial distribution of Timberlane population: 93.50% are White, 1.66% are Black or African American, 0.83% are Asian, 0.60% are some other race and 3.40% are multiracial.