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Princeville village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 2.0x is exceptionally low

As of 2026, Princeville village, Illinois has a total population of 1,932, the 518th largest city in Illinois, with a median household income of $81,944, which is about average than the state average. The poverty rate is 11.3%.

Key Takeaways

Princeville village Quick Facts

Population 1,932
Median Household Income $81,944
Median Home Value $162,000
Poverty Rate 11.3%
Unemployment Rate 1.8%
Median Age 36.4 years
Homeownership Rate 80.6%
Affordability Ratio 2.0x
Bachelor's Degree or Higher 28.3%
High School Graduation Rate 91.8%
Diversity Index 28/100
Population 1,932 518th of 1,445
Median Income $81,944 top 30%
Poverty Rate 11.3% 9% lower national
Median Home Value $162,000 above average

How Princeville village Compares

Economy & Housing

Employment

1.8% Unemployment Rate State: 5.8% | National: 5.2%
63.9% Labor Force Participation

Housing Overview

Owner 80.6%
Renter 19.4%
Affordability Index Very Affordable
2.0x home value to income ratio

People & Demographics

Diversity Index

28out of 100
Low Diversity

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

State average: 60 | National average: 60

Education

Princeville village Rankings in Illinois

#518 Population of 1,445
#397 Median Income of 1,445
#351 Education of 1,445
#455 Home Value of 1,445

Cities Similar to Princeville village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Hampton village1,946$86,679$182,80028.1%5.9%
Roanoke village1,987$74,141$139,80024.5%6.9%
Orion village1,849$88,500$168,30029.8%4.3%
Farmer City city2,001$73,147$128,90015.8%9.1%
Mackinaw village1,869$71,875$159,20022.4%7.2%

Population Overview

Princeville village is a small community located in Illinois. The total population is 1,932. It ranks as the 518th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Princeville village is 36.4 years. This is 6% lower than the state median of 38.9 years. With 31.6% of the population under 18, Princeville village has a notably young demographic profile, suggesting a family-oriented community.

Economy, Income & Housing

The median household income in Princeville village is $81,944. This is about average than the state median of $81,702. Compared to the national median of $78,538, household income here is 4% higher. The poverty rate stands at 11.3%. This is 3% lower than the state poverty rate of 11.7%. The unemployment rate is 1.8%. This is 70% lower than the state rate of 5.8%. The median home value is $162,000. Housing costs are 35% lower than the state median of $250,500. With a home-value-to-income ratio of just 2.0x, Princeville village is one of the most affordable housing markets in the area. 80.6% of occupied housing units are owner-occupied. This homeownership rate is 21% higher than the state average of 66.8%.

Race & Ethnicity

The largest racial or ethnic group in Princeville village is White (non-Hispanic), making up 84.1% of the population. Hispanic or Latino residents account for 7.4%. The Black or African American population (0.9%) is well below the state average of 13.6%. The Hispanic or Latino population (7.4%) is well below the state average of 18.5%.

Education

28.3% 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 91.8%.

Data Sources & Methodology

All demographic data for Princeville 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 Princeville village, Illinois?

Princeville village, Illinois has a population of 1,932 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Princeville village is $81,944, which is 4% higher the national median of $78,538.

What is the poverty rate in Princeville village, IL?

The poverty rate in Princeville village is 11.3%. This means approximately 213 residents live below the federal poverty line.

What is the racial makeup of Princeville village, Illinois?

Princeville village's population is 84.1% White, 0.9% Black, 7.4% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Princeville village is $162,000. The home-value-to-income ratio is 2.0x.

How educated is Princeville village, Illinois?

28.3% of adults (25+) in Princeville village hold a bachelor's degree or higher, and 9.7% hold a graduate or professional degree.