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Ipava, Illinois

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
487
Population
$48,698
Median Income
$66,300
Home Value
33.6
Median Age

Demographics

Ipava has a population of 487 with a median age of 33.6. Here is the racial and ethnic breakdown of the population:

White
98.4%
Asian
0.8%
Other
0.8%
Demographic Value
Total Population487
Median Age33.6
White98.4%
Asian0.8%
Other / Two or More Races0.8%
Ipava, Illinois — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.4%Other: 1.6%487PopulationWhiteWhite98.4%OtherOther1.6%

Income & Economy

The median household income in Ipava is $48,698, which is 39.6% below the national median of $80,610. The per capita income is $28,449. The poverty rate is 22.6%.

$48,698
Median Household Income
$28,449
Per Capita Income
22.6%
Poverty Rate

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Education

In Ipava, 95.8% of residents age 25+ have a high school diploma or higher, and 16.1% hold a bachelor's degree or higher (3.0% with a graduate or professional degree).

HS Diploma+
95.8%
Bachelor's+
16.1%
Graduate+
3.0%
Education Level % of Adults (25+)
High School Diploma or Higher95.8%
Bachelor's Degree or Higher16.1%
Graduate or Professional Degree3.0%

Housing

The median home value in Ipava is $66,300, below the national median of $303,400. The median monthly rent is $1,055. The homeownership rate is 67.9%.

$66,300
Median Home Value
$1,055/mo
Median Rent
67.9%
Homeownership Rate
Housing Metric Value
Median Home Value$66,300
Median Monthly Rent$1,055
Homeownership Rate67.9%
Vacancy Rate11.9%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Ipava, Illinois?
The population of Ipava, Illinois is 487 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Ipava, Illinois?
The median household income in Ipava, Illinois is $48,698. This is 39.6% below the national median of $80,610.
What is the median home value in Ipava, Illinois?
The median home value in Ipava, Illinois is $66,300. The median monthly rent is $1,055.
What percentage of people in Ipava have a college degree?
In Ipava, Illinois, 16.1% of adults age 25 and older hold a bachelor's degree or higher, and 95.8% have a high school diploma or higher.
Is Ipava, Illinois an affordable place to live?
The home price-to-income ratio in Ipava, Illinois is 1.4x (median home value $66,300 vs. median income $48,698), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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