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The total population of Washburn is estimated to be 1,127 with 573 males (50.84%) and 554 females (49.16%). There are 19 less females than males in Washburn.
The median household income in Washburn was $52,965 in 2021, which marked an a decrease of 9,547(15.27%) from $62,512 in 2020. This income is 70.99% 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, Washburn sees its highest median household income among householders in the age group of 45 to 64 years old, at $73,637. Overall, the median household income for the village of Washburn stands at $52,965.
In Washburn, the median income for all workers aged 15 years and older, regardless of work hours, was $39,620 for males and $26,172 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $63,504 for males and $32,338 for females.
In Washburn, population is primarily represented by White households, reporting a median income of $53,235.
In 2022, the population of Washburn was 1,016, a 0.59% decrease year-by-year from 2021. Previously, in 2021, Washburn's population was 1,022, a decline of 0.78% compared to a population of 1,030 in 2020.
The median age in Washburn, IL is 32.5, as per 2021 ACS 5-Year Estimates. Of the total population, 22.96% were under the age of 15, 21.22% aged 15 to 29, 41.91% aged 30 to 64, 10.87% aged 65 to 84, and 3.04% were 85 years of age and older.
Racial distribution of Washburn population: 98% are White, 0.17% are American Indian and Alaska Native, 1.04% are some other race and 0.78% are multiracial.