Penfield, Illinois Demographics & Population 2026
During the 2020–2024 ACS period, Penfield, Illinois had a total population of 190, the 1220th largest community in Illinois, with a median household income of $97,000, which is 16% higher than the state average. The poverty rate is 12.4%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- Only 2.0% of adults have a bachelor's degree, well below the national average of 35.7%.
- Housing is very affordable with a home-value-to-income ratio of just 1.0x.
Penfield Quick Facts
How Penfield Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 195 | 190 | -2.6% |
| Median household income | $94,531 | $97,000 | +2.6% |
| Median home value | $97,200 | $96,200 | -1.0% |
How Penfield Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 61 | National average: 61
Education
Educational Attainment (Adults 25+)
Penfield Rankings in Illinois
Explore Illinois Rankings
Other Cities in Champaign County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Champaign | 89,996 | $56,118 | 25.9% | $210,900 |
| Urbana | 39,341 | $45,346 | 28.0% | $184,900 |
| Rantoul | 12,421 | $48,691 | 16.9% | $118,200 |
| Mahomet | 10,049 | $118,586 | 3.8% | $299,100 |
| Savoy | 8,968 | $91,966 | 7.9% | $320,300 |
| St. Joseph | 3,778 | $120,789 | 4.1% | $270,900 |
| Tolono | 3,566 | $69,653 | 4.6% | $208,600 |
| Lake of the Woods | 2,091 | $61,625 | 4.7% | $193,500 |
| Fisher | 1,605 | $97,702 | 2.1% | $190,100 |
| Philo | 1,487 | $105,625 | 10.3% | $205,400 |
Cities Similar to Penfield
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Serena | 182 | N/A | N/A | 14.5% | 23.1% |
| Prairietown | 183 | $85,234 | $100,900 | 17.8% | 0.0% |
| LaPlace | 170 | N/A | $86,800 | 13.6% | 35.3% |
| Manchester | 197 | $81,875 | $90,300 | 22.5% | 5.1% |
| Adair | 215 | N/A | $90,000 | 45.7% | 20.5% |
A note before these figures: with a population of 190, Penfield's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.
Population Overview
Penfield is a small community located in Illinois, within Champaign County. The total population is 190. It ranks as the 1220th most populous out of 1,445 Census-designated places in Illinois.
Age Demographics
The median age in Penfield is 52.7 years. This is 35% higher than the state median of 39.0 years.
Economy, Income & Housing
The median household income in Penfield is $97,000. This is 16% higher than the state median of $83,390. It is also 20% higher than the national median of $80,734. The poverty rate stands at 12.4%. This is 5% higher than the state poverty rate of 11.8%. The survey records no unemployed residents in Penfield, which reflects the size of the sample rather than a labor market without joblessness. The median home value is $96,200. Housing costs are 63% lower than the state median of $263,300. With a home-value-to-income ratio of just 1.0x, Penfield is one of the most affordable housing markets in the area. 85.9% of occupied housing units are owner-occupied. This homeownership rate is 28% higher than the state average of 67.1%.
Race & Ethnicity
Penfield has a predominantly White (non-Hispanic) population, comprising 96.3% of all residents. Hispanic or Latino residents account for 3.7%. The White (non-Hispanic) population is significantly higher than the state average (96.3% vs 58.1%). The Hispanic or Latino population (3.7%) is well below the state average of 18.8%.
Education
2.0% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 95% lower than the state rate of 37.9%. Nationally, 35.7% of adults hold at least a bachelor's degree. No surveyed resident aged 25 or older reported leaving school before earning a high school diploma, though a rate of exactly 100% reflects the limits of a small sample.
Data Sources & Methodology
All demographic data for Penfield, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. 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. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Penfield, Illinois?
Penfield, Illinois has a population of 190 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Penfield, IL?
The median household income in Penfield is $97,000, which is 20% higher than the national median of $80,734.
What is the poverty rate in Penfield, IL?
The poverty rate in Penfield is 12.4%. This means approximately 19 residents live below the federal poverty line.
What is the racial makeup of Penfield, Illinois?
Penfield's population is 96.3% White, 0.0% Black, 3.7% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Penfield, IL?
The median home value in Penfield is $96,200. The home-value-to-income ratio is 1.0x.
How educated is Penfield, Illinois?
2.0% of adults (25+) in Penfield hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.