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Ipava village, Illinois Demographics & Population 2026

High PovertyPoverty rate of 26.6% is well above the state average
Very AffordableHome value to income ratio of 1.4x is exceptionally low

As of 2026, Ipava village, Illinois has a total population of 510, the 938th largest city in Illinois, with a median household income of $42,500, which is 48% lower than the state average. The poverty rate is 26.6%.

Key Takeaways

Ipava village Quick Facts

Population 510
Median Household Income $42,500
Median Home Value $58,200
Poverty Rate 26.6%
Unemployment Rate 12.4%
Median Age 33.9 years
Homeownership Rate 71.6%
Affordability Ratio 1.4x
Bachelor's Degree or Higher 13.1%
High School Graduation Rate 95.7%
Diversity Index 5/100
Population 510 938th of 1,445
Median Income $42,500 bottom 10%
Poverty Rate 26.6% 114% higher national
Median Home Value $58,200 bottom 10%

How Ipava village Compares

Economy & Housing

Employment

12.4% Unemployment Rate State: 5.8% | National: 5.2%
72.0% Labor Force Participation

Housing Overview

Owner 71.6%
Renter 28.4%
Affordability Index Very Affordable
1.4x home value to income ratio

People & Demographics

Diversity Index

5out 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

Ipava village Rankings in Illinois

#938 Population of 1,445
#1267 Median Income of 1,445
#963 Education of 1,445
#1285 Home Value of 1,445

Cities Similar to Ipava village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Karnak village507$41,458$66,70017.1%30.4%
Lenzburg village513$44,722$92,50012.8%17.0%
Plymouth village512$39,750$55,5009.0%29.5%
Equality village539$42,500$84,5007.3%16.9%
Tamms village532$41,250$57,2008.7%18.0%

Population Overview

Ipava village is a small community located in Illinois. The total population is 510. It ranks as the 938th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Ipava village is 33.9 years. This is 13% lower than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Ipava village is $42,500. This is 48% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 46% lower. The poverty rate stands at 26.6%. This is 127% higher than the state poverty rate of 11.7%. With more than one in five residents living below the poverty line, economic hardship is a significant challenge for the community. The unemployment rate is 12.4%. This is 113% higher than the state rate of 5.8%. The median home value is $58,200. Housing costs are 77% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.4x, Ipava 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

Ipava village has a predominantly White (non-Hispanic) population, comprising 97.7% of all residents. Asian residents account for 0.6%. The White (non-Hispanic) population is significantly higher than the state average (97.7% vs 58.8%). The Hispanic or Latino population (0.2%) is well below the state average of 18.5%. The Asian population (0.6%) is well below the state average of 5.8%.

Education

13.1% of residents aged 25 and older hold a bachelor's degree or higher. This is 65% 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 95.7%.

Data Sources & Methodology

All demographic data for Ipava 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 Ipava village, Illinois?

Ipava village, Illinois has a population of 510 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Ipava village is $42,500, which is 46% lower the national median of $78,538.

What is the poverty rate in Ipava village, IL?

The poverty rate in Ipava village is 26.6%. This means approximately 135 residents live below the federal poverty line.

What is the racial makeup of Ipava village, Illinois?

Ipava village's population is 97.7% White, 0.0% Black, 0.2% Hispanic/Latino, and 0.6% Asian.

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

The median home value in Ipava village is $58,200. The home-value-to-income ratio is 1.4x.

How educated is Ipava village, Illinois?

13.1% of adults (25+) in Ipava village hold a bachelor's degree or higher, and 2.9% hold a graduate or professional degree.