Peotone village, Illinois Demographics & Population 2026

Population Overview

Peotone village is a small community located in Illinois. The total population is 4,462. It ranks as the 352nd most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Peotone village is 39.1 years. This is about average than the state median of 38.9 years.

Economy, Income & Housing

The median household income in Peotone village is $104,792. This is 28% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 33% higher. The poverty rate stands at 3.3%. This is 72% lower than the state poverty rate of 11.7%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 4.9%. This is 16% lower than the state rate of 5.8%. The median home value is $261,400. Housing costs are 4% higher than the state median of $250,500. With a home-value-to-income ratio of just 2.5x, Peotone village is one of the most affordable housing markets in the area. 70.8% of occupied housing units are owner-occupied. This homeownership rate is 6% higher than the state average of 66.8%.

Race & Ethnicity

Peotone village has a predominantly White (non-Hispanic) population, comprising 93.9% of all residents. Hispanic or Latino residents account for 3.9%. The White (non-Hispanic) population is significantly higher than the state average (93.9% vs 58.8%). The Hispanic or Latino population (3.9%) is well below the state average of 18.5%. The Asian population (1.2%) is well below the state average of 5.8%.

Education

33.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 10% 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 94.2%.

Data Sources & Methodology

All demographic data for Peotone 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.