Banner, IL
Population 148 · Illinois
About Banner, IL
Banner is a small community in Illinois with a population of 148 residents. The median household income is $36,250 per year, which is below the national average. The median age in Banner is 52.6 years.
Housing in Banner has a median home value of $90,000 and median monthly rent of $708. Of the 74 total housing units, the majority are owner-occupied, with 48 owner-occupied and 15 renter-occupied units.
The unemployment rate in Banner is 9.4% and the poverty rate is 37.8%. 4.4% of residents hold a bachelor's degree or higher. The average commute time is 47.3 minutes.
Cost of Living in Banner, IL
Compared to national averages, Banner has a median household income of $36,250 (52% below the national median of $75,149). Home values average $90,000, which is 63% below the national median. Monthly rent at $708 is 39% below the US average of $1,163. Within Illinois, Banner's income is 52% below the state average of $75,072, and home values are 46% below the state median of $165,779.
Why Live in Banner, IL?
Banner offers affordable housing with a median home value of $90,000, below the US average of $244,900, and rent that’s lower than the national average at $708/month.
Potential considerations include median household income ($36,250) that falls below the national average. However, Banner’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Banner has a population of 148 with a median age of 52.6 years. Compare Banner with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Banner
What is the population of Banner, IL?
The population of Banner, IL is 148 according to the latest Census data.
What is the median household income in Banner?
The median household income in Banner, IL is $36,250 per year.
What is the median home value in Banner?
The median home value in Banner, IL is $90,000.
What is the average rent in Banner?
The median monthly rent in Banner, IL is $708.
What is the unemployment rate in Banner?
The unemployment rate in Banner, IL is 9.4%.