Crestwood village, Illinois Demographics & Population 2026

Population Overview

Crestwood village is a small city located in Illinois. The total population is 10,622. It ranks as the 217th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Crestwood village is 50.7 years. This is 30% higher than the state median of 38.9 years. Only 13.9% of residents are under 18, indicating fewer families with children. 12.5% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Crestwood village is $68,686. This is 16% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 13% lower. The poverty rate stands at 10.3%. This is 13% lower than the state poverty rate of 11.7%. The unemployment rate is 7.6%. This is 31% higher than the state rate of 5.8%. The median home value is $187,700. Housing costs are 25% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.7x, Crestwood village is one of the most affordable housing markets in the area. 77.2% of occupied housing units are owner-occupied. This homeownership rate is 16% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Crestwood village is White (non-Hispanic), making up 68.8% of the population. Hispanic or Latino residents account for 14.6%. The Asian population (2.0%) is well below the state average of 5.8%.

Education

23.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 38% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 91.1%.

Data Sources & Methodology

All demographic data for Crestwood village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.