What is the population of Philo village?

Philo village has 1,461 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #589 of 1,462 in Illinois.

What is the median household income in Philo village?

Median household income in Philo village is $103,438 a year, 31.7% above the national figure of $78,538.

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

Median gross rent is $1,063 a month and the median home value is $198,100, so rent absorbs about 12.3% of median household income.

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

Homes cost about 1.9× the local median income here versus roughly 3.9× nationally, so Philo village is more affordable to buy in than the typical US market, and rent takes 12.3% of median income against the 30% cost-burden line.

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Illinois · Census place 59533

Philo, IL population, income and ZIP codes

Quick answer

The population of the city of Philo, Illinois (Philo, IL — Census place “Philo village”) is 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. Looking for the Philo Illinois ZIP code list? 1 ZIP codes serve Philo, IL: 61864.

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

Philo ZIP codes (Illinois)

Census ZCTAs whose delivery area overlaps Philo.

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

61864

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

Philo village, IL in context

How this area compares with national benchmarks.

Philo village is a small town in Illinois, with 1,461 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #589 of 1,462 ranked by population — larger than 59% of them. The median age here is 34.5 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 Philo village earn a median of $103,438 a year, 31.7% above the national figure of $78,538 and 39% 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 7% of residents here, below the 12.4% national rate.

The typical owner-occupied home in Philo village is valued at $198,100, 34.7% below the national figure and 11% above the $179,100 peer median, while median gross rent runs $1,063 a month, 24.4% below the national figure, or roughly $12,756 across a full year. A household on the local median income would put about 12.3% 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 1.9×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 88% of occupied homes are owner-occupied versus 65% nationally, an owner-dominated market where rental listings are scarce and rent medians rest on a thin sample. Gross rent folds in the utilities a tenant pays separately, so it is closer to the real monthly outlay than a headline rent figure.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. 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.

Compare with nearby places

Places of similar size in Illinois.

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Frequently asked questions

Common questions about this area.

What is the population of Philo village?: Philo village has 1,461 residents on Census ACS 2019-2023 ACS 5-year estimates, ranking #589 of 1,462 in Illinois.
What is the median household income in Philo village?: Median household income in Philo village is $103,438 a year, 31.7% above the national figure of $78,538.
How much does it cost to rent or buy in Philo village?: Median gross rent is $1,063 a month and the median home value is $198,100, so rent absorbs about 12.3% of median household income.
Is Philo village affordable compared with the rest of the US?: Homes cost about 1.9× the local median income here versus roughly 3.9× nationally, so Philo village is more affordable to buy in than the typical US market, and rent takes 12.3% of median income against the 30% cost-burden line.
How current is this Philo 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.