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The total population of Coal Valley is estimated to be 3,959 with 2,064 males (52.13%) and 1,895 females (47.87%). There are 169 less females than males in Coal Valley.
The median household income in Coal Valley was $86,576 in 2021, which marked an an increase of 3,322(3.99%) from $83,254 in 2020. This income is 116.04% 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, Coal Valley sees its highest median household income among householders in the age group of 25 to 44 years old, at $110,523. Overall, the median household income for the village of Coal Valley stands at $86,576.
In Coal Valley, the median income for all workers aged 15 years and older, regardless of work hours, was $58,033 for males and $33,702 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $95,084 for males and $49,581 for females.
In Coal Valley, population is primarily represented by White households, reporting a median income of $86,739.
In 2022, the population of Coal Valley was 3,817, a 0.65% decrease year-by-year from 2021. Previously, in 2021, Coal Valley's population was 3,842, a decline of 0.54% compared to a population of 3,863 in 2020.
The median age in Coal Valley, IL is 48.6, as per 2021 ACS 5-Year Estimates. Of the total population, 18.46% were under the age of 15, 9.78% aged 15 to 29, 48.55% aged 30 to 64, 22.09% aged 65 to 84, and 1.12% were 85 years of age and older.
Racial distribution of Coal Valley population: 98.31% are White, 0.94% are Black or African American and 0.76% are Asian.