Peoria, Illinois

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
113,054
Population
$58,068
Median Income
$146,700
Home Value
35.6
Median Age

Demographics

Peoria has a population of 113,054 with a median age of 35.6. Here is the racial and ethnic breakdown of the population:

White
57.6%
Black
26.4%
Hispanic
7.1%
Asian
6.7%
Other
2.2%
Demographic Value
Total Population113,054
Median Age35.6
White57.6%
Black or African American26.4%
Asian6.7%
Hispanic or Latino7.1%
Other / Two or More Races2.2%

Income & Economy

The median household income in Peoria is $58,068, which is 22.7% below the national median of $75,149. The per capita income is $38,547. The poverty rate is 19.5%.

$58,068
Median Household Income
$38,547
Per Capita Income
19.5%
Poverty Rate

Employment

The unemployment rate in Peoria is 8.0%, compared to the national rate of 5.4%.

Education

In Peoria, 91.5% of residents age 25+ have a high school diploma or higher, and 37.5% hold a bachelor's degree or higher (15.6% with a graduate or professional degree).

HS Diploma+
91.5%
Bachelor's+
37.5%
Graduate+
15.6%
Education Level % of Adults (25+)
High School Diploma or Higher91.5%
Bachelor's Degree or Higher37.5%
Graduate or Professional Degree15.6%

Housing

The median home value in Peoria is $146,700, below the national median of $281,900. The median monthly rent is $917. The homeownership rate is 56.3%.

$146,700
Median Home Value
$917/mo
Median Rent
56.3%
Homeownership Rate
Housing Metric Value
Median Home Value$146,700
Median Monthly Rent$917
Homeownership Rate56.3%
Vacancy Rate11.0%

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Frequently Asked Questions

What is the population of Peoria, Illinois?
The population of Peoria, Illinois is 113,054 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Peoria, Illinois?
The median household income in Peoria, Illinois is $58,068. This is 22.7% below the national median of $75,149.
What is the median home value in Peoria, Illinois?
The median home value in Peoria, Illinois is $146,700. The median monthly rent is $917.
What percentage of people in Peoria have a college degree?
In Peoria, Illinois, 37.5% of adults age 25 and older hold a bachelor's degree or higher, and 91.5% have a high school diploma or higher.
Is Peoria, Illinois an affordable place to live?
The home price-to-income ratio in Peoria, Illinois is 2.5x (median home value $146,700 vs. median income $58,068), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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