What is the population of Peotone village?

Peotone village has 4,462 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #352 of 1,462 in Illinois.

What is the median household income in Peotone village?

Median household income in Peotone village is $104,792 a year, 33.4% above the national figure of $78,538.

How much does it cost to rent or buy in Peotone village?

Median gross rent is $1,102 a month and the median home value is $261,400, so rent absorbs about 12.6% of median household income.

Is Peotone village affordable compared with the rest of the US?

Homes cost about 2.5× the local median income here versus roughly 3.9× nationally, so Peotone village is more affordable to buy in than the typical US market, and rent takes 12.6% of median income against the 30% cost-burden line.

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Illinois · Census place 59052

Peotone, IL population, income and ZIP codes

Quick answer

The population of the city of Peotone, Illinois (Peotone, IL — Census place “Peotone village”) is 4,462 residents, ranking #352 of 1462 places in Illinois. Median household income is $104,792, the median home is worth $261,400 and median gross rent runs $1,102 a month. Looking for the Peotone Illinois ZIP code list? 1 ZIP codes serve Peotone, IL: 60468.

Population: 4,462Peotone village residents
Median household income: $104,792Past 12 months, inflation adjusted
Median home value: $261,400Owner-occupied units
Median gross rent: $1,102Rent plus utilities, monthly
Median age: 39.1 yrsAll residents
Homeownership rate: 70.8%Owner-occupied households

Peotone ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Peotone.

The Peotone IL ZIP code list below covers 1 ZIP code. Open any one for its population, income, housing and rent profile.

60468

What the numbers mean in Peotone village

Housing cost measured against local earnings.

A household earning the Peotone village median would spend about 12.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.3% of residents and 70.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Peotone village, IL in context

How this area compares with national benchmarks.

Peotone village is a small town in Illinois, with 4,462 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #352 of 1,462 ranked by population — larger than 75% of them. The median age here is 39.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Peotone village earn a median of $104,792 a year, 33.4% above the national figure of $78,538 and 41% above the $74,244 median for the 698 Illinois cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 3.3% of residents here, less than half the 12.4% national rate.

The typical owner-occupied home in Peotone village is valued at $261,400, 13.8% below the national figure and 46% above the $179,100 peer median, while median gross rent runs $1,102 a month, 21.6% below the national figure, or roughly $13,224 across a full year. A household on the local median income would put about 12.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is cheap relative to what people here earn. The home-price-to-income ratio works out to 2.5×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 70.8% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

All values below were released by the Census for this exact geography, with no gap-filling on our side. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

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Frequently asked questions

Common questions about this area.

What is the population of Peotone village?: Peotone village has 4,462 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #352 of 1,462 in Illinois.
What is the median household income in Peotone village?: Median household income in Peotone village is $104,792 a year, 33.4% above the national figure of $78,538.
How much does it cost to rent or buy in Peotone village?: Median gross rent is $1,102 a month and the median home value is $261,400, so rent absorbs about 12.6% of median household income.
Is Peotone village affordable compared with the rest of the US?: Homes cost about 2.5× the local median income here versus roughly 3.9× nationally, so Peotone village is more affordable to buy in than the typical US market, and rent takes 12.6% of median income against the 30% cost-burden line.
How current is this Peotone village data?: All figures come from the US Census Bureau American Community Survey 2019-2023 ACS 5-year five-year estimates. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.