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
Compare with nearby places
Places of similar size in Illinois.
- Virginia city 1,491
- Durand village 1,485
- Granville village 1,463
- Hebron village 1,458
- Hartford village 1,456
- Waverly city 1,456
- Downs village 1,451
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More Illinois coverage.