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Erie village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.7x is exceptionally low

As of 2026, Erie village, Illinois has a total population of 1,658, the 551st largest city in Illinois, with a median household income of $86,750, which is 6% higher than the state average. The poverty rate is 6.0%.

Key Takeaways

Erie village Quick Facts

Population 1,658
Median Household Income $86,750
Median Home Value $147,300
Poverty Rate 6.0%
Unemployment Rate 4.3%
Median Age 42.3 years
Homeownership Rate 71.6%
Affordability Ratio 1.7x
Bachelor's Degree or Higher 17.4%
High School Graduation Rate 94.6%
Diversity Index 12/100
Population 1,658 551st of 1,445
Median Income $86,750 top 30%
Poverty Rate 6.0% 52% lower national
Median Home Value $147,300 above average

How Erie village Compares

Economy & Housing

Employment

4.3% Unemployment Rate State: 5.8% | National: 5.2%
70.2% Labor Force Participation

Housing Overview

Owner 71.6%
Renter 28.4%
Affordability Index Very Affordable
1.7x home value to income ratio

People & Demographics

Diversity Index

12out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 60 | National average: 60

Education

Erie village Rankings in Illinois

#551 Population of 1,445
#335 Median Income of 1,445
#737 Education of 1,445
#523 Home Value of 1,445

Cities Similar to Erie village

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bement village1,664$79,583$101,20017.0%5.7%
North Pekin village1,647$79,730$118,10021.0%11.3%
Rome CDP1,628$95,263$155,70022.0%6.7%
Hillcrest village1,679$77,609$151,90013.8%10.3%
Fisher village1,600$92,697$177,30026.4%1.7%

Population Overview

Erie village is a small community located in Illinois. The total population is 1,658. It ranks as the 551st most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Erie village is 42.3 years. This is 9% higher than the state median of 38.9 years. With 30.5% of the population under 18, Erie village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Erie village is $86,750. This is 6% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 10% higher. The poverty rate stands at 6.0%. This is 49% lower than the state poverty rate of 11.7%. The unemployment rate is 4.3%. This is 26% lower than the state rate of 5.8%. The median home value is $147,300. Housing costs are 41% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.7x, Erie village is one of the most affordable housing markets in the area. 71.6% of occupied housing units are owner-occupied. This homeownership rate is 7% higher than the state average of 66.8%.

Race & Ethnicity

Erie village has a predominantly White (non-Hispanic) population, comprising 93.4% of all residents. Hispanic or Latino residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (93.4% vs 58.8%). The Black or African American population (0.2%) is well below the state average of 13.6%. The Hispanic or Latino population (1.0%) is well below the state average of 18.5%. The Asian population (0.2%) is well below the state average of 5.8%.

Education

17.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 53% 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 94.6%.

Data Sources & Methodology

All demographic data for Erie 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.

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Frequently Asked Questions

What is the population of Erie village, Illinois?

Erie village, Illinois has a population of 1,658 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Erie village, IL?

The median household income in Erie village is $86,750, which is 10% higher the national median of $78,538.

What is the poverty rate in Erie village, IL?

The poverty rate in Erie village is 6.0%. This means approximately 100 residents live below the federal poverty line.

What is the racial makeup of Erie village, Illinois?

Erie village's population is 93.4% White, 0.2% Black, 1.0% Hispanic/Latino, and 0.2% Asian.

What is the median home value in Erie village, IL?

The median home value in Erie village is $147,300. The home-value-to-income ratio is 1.7x.

How educated is Erie village, Illinois?

17.4% of adults (25+) in Erie village hold a bachelor's degree or higher, and 7.7% hold a graduate or professional degree.