Last updated: 2024 BLS data · Page refreshed:
Philip has a population of 571 with a median age of 52.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 571 |
| Median Age | 52.4 |
| White | 87.9% |
| Black or African American | 3.9% |
| Hispanic or Latino | 0.4% |
| Other / Two or More Races | 7.8% |
The median household income in Philip is $56,635, which is 29.7% below the national median of $80,610. The per capita income is $31,126. The poverty rate is 15.6%.
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In Philip, 95.0% of residents age 25+ have a high school diploma or higher, and 15.9% hold a bachelor's degree or higher (5.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.0% |
| Bachelor's Degree or Higher | 15.9% |
| Graduate or Professional Degree | 5.7% |
The median home value in Philip is $182,100, below the national median of $303,400. The median monthly rent is $642. The homeownership rate is 70.8%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $182,100 |
| Median Monthly Rent | $642 |
| Homeownership Rate | 70.8% |
| Vacancy Rate | 24.1% |
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