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Peotone, 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
4,587
Population
$108,523
Median Income
$271,000
Home Value
39.3
Median Age

Demographics

Peotone has a population of 4,587 with a median age of 39.3. Here is the racial and ethnic breakdown of the population:

White
96.7%
Hispanic
6.1%
Asian
1.2%
Demographic Value
Total Population4,587
Median Age39.3
White96.7%
Asian1.2%
Hispanic or Latino6.1%
Peotone, Illinois — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 104.White: 93.0%Hispanic/Latino: 5.9%Other: 1.2%4,587PopulationWhiteWhite93.0%Hispanic/LatinoHispanic/Latino5.9%OtherOther1.2%

Income & Economy

The median household income in Peotone is $108,523, which is 34.6% above the national median of $80,610. The per capita income is $42,966. The poverty rate is 3.9%.

$108,523
Median Household Income
$42,966
Per Capita Income
3.9%
Poverty Rate

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Education

In Peotone, 94.9% of residents age 25+ have a high school diploma or higher, and 35.3% hold a bachelor's degree or higher (7.6% with a graduate or professional degree).

HS Diploma+
94.9%
Bachelor's+
35.3%
Graduate+
7.6%
Education Level % of Adults (25+)
High School Diploma or Higher94.9%
Bachelor's Degree or Higher35.3%
Graduate or Professional Degree7.6%

Housing

The median home value in Peotone is $271,000, below the national median of $303,400. The median monthly rent is $979. The homeownership rate is 76.7%.

$271,000
Median Home Value
$979/mo
Median Rent
76.7%
Homeownership Rate
Housing Metric Value
Median Home Value$271,000
Median Monthly Rent$979
Homeownership Rate76.7%
Vacancy Rate0.9%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Peotone, Illinois?
The population of Peotone, Illinois is 4,587 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Peotone, Illinois?
The median household income in Peotone, Illinois is $108,523. This is 34.6% above the national median of $80,610.
What is the median home value in Peotone, Illinois?
The median home value in Peotone, Illinois is $271,000. The median monthly rent is $979.
What percentage of people in Peotone have a college degree?
In Peotone, Illinois, 35.3% of adults age 25 and older hold a bachelor's degree or higher, and 94.9% have a high school diploma or higher.
Is Peotone, Illinois an affordable place to live?
The home price-to-income ratio in Peotone, Illinois is 2.5x (median home value $271,000 vs. median income $108,523), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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