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Richview village, Illinois Demographics & Population 2026

Very AffordableHome value to income ratio of 1.5x is exceptionally low

As of 2026, Richview village, Illinois has a total population of 242, the 1155th largest city in Illinois, with a median household income of $63,750, which is 22% lower than the state average. The poverty rate is 9.5%.

Key Takeaways

Richview village Quick Facts

Population 242
Median Household Income $63,750
Median Home Value $93,300
Poverty Rate 9.5%
Unemployment Rate 15.0%
Median Age 43.3 years
Homeownership Rate 99.0%
Affordability Ratio 1.5x
Bachelor's Degree or Higher 11.0%
High School Graduation Rate 88.4%
Diversity Index 7/100
Population 242 1155th of 1,445
Median Income $63,750 average
Poverty Rate 9.5% 24% lower national
Median Home Value $93,300 below average

How Richview village Compares

Economy & Housing

Employment

15.0% Unemployment Rate State: 5.8% | National: 5.2%
66.5% Labor Force Participation

Housing Overview

Owner 99.0%
Renter 1.0%
Affordability Index Very Affordable
1.5x 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: 60 | National average: 60

Education

Richview village Rankings in Illinois

#1155 Population of 1,445
#767 Median Income of 1,445
#1083 Education of 1,445
#929 Home Value of 1,445

Cities Similar to Richview village

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

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Taylor Ridge CDP237N/A$162,50023.0%0.0%
West Point village244$61,875$42,5004.7%10.3%
Butler village247$62,869$83,40012.3%4.9%
Chesterfield village244$60,313$78,90021.2%14.8%
Kinderhook village245$59,500$76,70015.3%23.5%

Population Overview

Richview village is a small community located in Illinois. The total population is 242. It ranks as the 1155th most populous out of 1,445 cities and towns in Illinois.

Age Demographics

The median age in Richview village is 43.3 years. This is 11% higher than the state median of 38.9 years. 13.2% of residents are 75 or older, suggesting a significant retirement-age population with implications for healthcare services and senior housing.

Economy, Income & Housing

The median household income in Richview village is $63,750. This is 22% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 19% lower. The poverty rate stands at 9.5%. This is 19% lower than the state poverty rate of 11.7%. The unemployment rate is 15.0%. This is 159% higher than the state rate of 5.8%. The median home value is $93,300. Housing costs are 63% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.5x, Richview village is one of the most affordable housing markets in the area. 99.0% of occupied housing units are owner-occupied. This homeownership rate is 48% higher than the state average of 66.8%.

Race & Ethnicity

Richview village has a predominantly White (non-Hispanic) population, comprising 96.3% of all residents. The White (non-Hispanic) population is significantly higher than the state average (96.3% vs 58.8%).

Education

11.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 70% 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 88.4%.

Data Sources & Methodology

All demographic data for Richview 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 Richview village, Illinois?

Richview village, Illinois has a population of 242 according to the most recent U.S. Census ACS 5-Year Estimates.

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

The median household income in Richview village is $63,750, which is 19% lower the national median of $78,538.

What is the poverty rate in Richview village, IL?

The poverty rate in Richview village is 9.5%. This means approximately 23 residents live below the federal poverty line.

What is the racial makeup of Richview village, Illinois?

Richview village's population is 96.3% White, 0.0% Black, 0.0% Hispanic/Latino, and 0.0% Asian.

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

The median home value in Richview village is $93,300. The home-value-to-income ratio is 1.5x.

How educated is Richview village, Illinois?

11.0% of adults (25+) in Richview village hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.