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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

Penfield Quick Facts

Population 190
Median Household Income $97,000
Median Home Value $96,200
Poverty Rate 12.4%
Unemployment Rate 0.0%
Median Age 52.7 years
Homeownership Rate 85.9%
Affordability Ratio 1.0x
Bachelor's Degree or Higher 2.0%
High School Graduation Rate 100.0%
Diversity Index 7/100
Population 190 1220th of 1,445
Median Income $97,000 top 20%
Poverty Rate 12.4% about the same as national
Median Home Value $96,200 below average

How Penfield Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population195190-2.6%
Median household income$94,531$97,000+2.6%
Median home value$97,200$96,200-1.0%

How Penfield Compares

Economy & Housing

Household Income Distribution

Under $25K 17.9%
$25K-$50K 14.1%
$50K-$100K 20.5%
$100K+ 47.4%
Detailed income brackets
Under $10K
3.9%
$10K-$15K
0.0%
$15K-$20K
9.0%
$20K-$25K
5.1%
$25K-$30K
0.0%
$30K-$35K
3.9%
$35K-$40K
0.0%
$40K-$45K
10.3%
$45K-$50K
0.0%
$50K-$60K
2.6%
$60K-$75K
5.1%
$75K-$100K
12.8%
$100K-$125K
11.5%
$125K-$150K
35.9%
$150K-$200K
0.0%
$200K+
0.0%

Employment

0.0% Unemployment Rate State: 5.8%|National: 5.2%
30.7% Labor Force Participation

Housing Overview

Owner 85.9%
Renter 14.1%
Affordability Index Very Affordable
1.0x home value to income ratio

People & Demographics

Diversity Index

7out of 100
Very Low Diversity

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

State average: 61 | National average: 61

Education

Penfield Rankings in Illinois

#1220 Population of 1,445
#266 Median Income of 1,374
#1365 Education of 1,444
#920 Home Value of 1,372

Other Cities in Champaign County

CityPopulationMedian IncomePovertyHome 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.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Serena182N/AN/A14.5%23.1%
Prairietown183$85,234$100,90017.8%0.0%
LaPlace170N/A$86,80013.6%35.3%
Manchester197$81,875$90,30022.5%5.1%
Adair215N/A$90,00045.7%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.