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Philo, 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
1,487
Population
$105,625
Median Income
$205,400
Home Value
33.6
Median Age

Demographics

Philo has a population of 1,487 with a median age of 33.6. Here is the racial and ethnic breakdown of the population:

White
97.9%
Asian
1.3%
Hispanic
0.6%
Demographic Value
Total Population1,487
Median Age33.6
White97.9%
Asian1.3%
Hispanic or Latino0.6%
Philo, Illinois — racial composition (Census ACS 2024)Donut chart of 2 segments totaling 100.White: 98.1%Other: 1.9%1,487PopulationWhiteWhite98.1%OtherOther1.9%

Income & Economy

The median household income in Philo is $105,625, which is 31.0% above the national median of $80,610. The per capita income is $38,395. The poverty rate is 10.3%.

$105,625
Median Household Income
$38,395
Per Capita Income
10.3%
Poverty Rate

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Education

In Philo, 94.8% of residents age 25+ have a high school diploma or higher, and 29.1% hold a bachelor's degree or higher (8.9% with a graduate or professional degree).

HS Diploma+
94.8%
Bachelor's+
29.1%
Graduate+
8.9%
Education Level % of Adults (25+)
High School Diploma or Higher94.8%
Bachelor's Degree or Higher29.1%
Graduate or Professional Degree8.9%

Housing

The median home value in Philo is $205,400, below the national median of $303,400. The median monthly rent is $1,222. The homeownership rate is 89.5%.

$205,400
Median Home Value
$1,222/mo
Median Rent
89.5%
Homeownership Rate
Housing Metric Value
Median Home Value$205,400
Median Monthly Rent$1,222
Homeownership Rate89.5%
Vacancy Rate5.2%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Philo, Illinois?
The population of Philo, Illinois is 1,487 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Philo, Illinois?
The median household income in Philo, Illinois is $105,625. This is 31.0% above the national median of $80,610.
What is the median home value in Philo, Illinois?
The median home value in Philo, Illinois is $205,400. The median monthly rent is $1,222.
What percentage of people in Philo have a college degree?
In Philo, Illinois, 29.1% of adults age 25 and older hold a bachelor's degree or higher, and 94.8% have a high school diploma or higher.
Is Philo, Illinois an affordable place to live?
The home price-to-income ratio in Philo, Illinois is 1.9x (median home value $205,400 vs. median income $105,625), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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