Shipman, IL
Population 667 · Illinois
About Shipman, IL
Shipman is a small community in Illinois with a population of 667 residents. The median household income is $62,500 per year, which is near the national average. The median age in Shipman is 30.8 years.
Housing in Shipman has a median home value of $92,500 and median monthly rent of $788. Of the 248 total housing units, the majority are owner-occupied, with 177 owner-occupied and 39 renter-occupied units.
The unemployment rate in Shipman is 1.5% and the poverty rate is 12.1%. 19.5% of residents hold a bachelor's degree or higher. The average commute time is 33.2 minutes.
Cost of Living in Shipman, IL
Compared to national averages, Shipman has a median household income of $62,500 (17% below the national median of $75,149). Home values average $92,500, which is 62% below the national median. Monthly rent at $788 is 32% below the US average of $1,163. Within Illinois, Shipman's income is 17% below the state average of $75,072, and home values are 44% below the state median of $165,779.
Why Live in Shipman, IL?
Shipman offers affordable housing with a median home value of $92,500, below the US average of $244,900, and rent that’s lower than the national average at $788/month, and a strong job market with an unemployment rate of just 1.5%. Additionally, the city features a low poverty rate of 12.1%, better than the national average.
Potential considerations include median household income ($62,500) that falls below the national average. However, Shipman’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Shipman has a population of 667 with a median age of 30.8 years. Compare Shipman with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Shipman
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Stonington | 667 | $58,438 | $101,000 | Compare |
| Mettawa | 665 | $175,074 | $750,000 | Compare |
| Avon | 670 | $45,500 | $60,000 | Compare |
| Findlay | 671 | $55,625 | $90,800 | Compare |
| Murrayville | 671 | $49,615 | $106,000 | Compare |
| Holiday Hills | 662 | $78,500 | $195,600 | Compare |
| Woodhull | 673 | $66,250 | $118,500 | Compare |
| Millington | 675 | $79,767 | $205,700 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
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 Shipman
What is the population of Shipman, IL?
The population of Shipman, IL is 667 according to the latest Census data.
What is the median household income in Shipman?
The median household income in Shipman, IL is $62,500 per year.
What is the median home value in Shipman?
The median home value in Shipman, IL is $92,500.
What is the average rent in Shipman?
The median monthly rent in Shipman, IL is $788.
What is the unemployment rate in Shipman?
The unemployment rate in Shipman, IL is 1.5%.