Philo village, Illinois Demographics & Population 2026

Population Overview

Philo village is a small community located in Illinois. The total population is 1,461. It ranks as the 589th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Philo village is 34.5 years. This is 11% lower than the state median of 38.9 years. With 31.4% of the population under 18, Philo village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Philo village is $103,438. This is 27% higher than the state median of $81,702. Compared to the national median of $78,538, household income here is 32% higher. The poverty rate stands at 7.0%. This is 40% lower than the state poverty rate of 11.7%. The unemployment rate is 1.1%. This is 81% lower than the state rate of 5.8%. The median home value is $198,100. Housing costs are 21% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.9x, Philo village is one of the most affordable housing markets in the area. 88.0% of occupied housing units are owner-occupied. This homeownership rate is 32% higher than the state average of 66.8%.

Race & Ethnicity

Philo village has a predominantly White (non-Hispanic) population, comprising 97.9% of all residents. Asian residents account for 1.0%. The White (non-Hispanic) population is significantly higher than the state average (97.9% vs 58.8%). The Hispanic or Latino population (0.5%) is well below the state average of 18.5%. The Asian population (1.0%) is well below the state average of 5.8%.

Education

28.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 24% 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 94.3%.

Data Sources & Methodology

All demographic data for Philo 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.