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ZipNumbers

Illinois · Census place 59533

Philo village, IL

Quick answer

Philo village has 1,461 residents, ranking #589 of 1462 places in Illinois. Median household income is $103,438, the median home is worth $198,100 and median gross rent runs $1,063 a month.

Population
1,461Philo village residents
Median household income
$103,438Past 12 months, inflation adjusted
Median home value
$198,100Owner-occupied units
Median gross rent
$1,063Rent plus utilities, monthly
Median age
34.5 yrsAll residents
Homeownership rate
88%Owner-occupied households

What the numbers mean in Philo village

Housing cost measured against local earnings.

A household earning the Philo village median would spend about 12.3% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7% of residents and 88% of households own their home.

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

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