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Volo, 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
6,706
Population
$160,792
Median Income
$319,700
Home Value
33.5
Median Age

Demographics

Volo has a population of 6,706 with a median age of 33.5. Here is the racial and ethnic breakdown of the population:

White
73.9%
Hispanic
12.5%
Asian
7.8%
Black
3.5%
Other
2.3%
Demographic Value
Total Population6,706
Median Age33.5
White73.9%
Black or African American3.5%
Asian7.8%
Hispanic or Latino12.5%
Other / Two or More Races2.3%
Volo, Illinois — racial composition (Census ACS 2024)Donut chart of 5 segments totaling 100.White: 73.9%Hispanic/Latino: 12.5%Asian: 7.8%Black: 3.5%Other: 2.3%6,706PopulationWhiteWhite73.9%Hispanic/LatinoHispanic/Latino12.5%AsianAsian7.8%BlackBlack3.5%OtherOther2.3%

Income & Economy

The median household income in Volo is $160,792, which is 99.5% above the national median of $80,610. The per capita income is $54,188. The poverty rate is 2.1%.

$160,792
Median Household Income
$54,188
Per Capita Income
2.1%
Poverty Rate

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Education

In Volo, 95.6% of residents age 25+ have a high school diploma or higher, and 52.2% hold a bachelor's degree or higher (13.3% with a graduate or professional degree).

HS Diploma+
95.6%
Bachelor's+
52.2%
Graduate+
13.3%
Education Level % of Adults (25+)
High School Diploma or Higher95.6%
Bachelor's Degree or Higher52.2%
Graduate or Professional Degree13.3%

Housing

The median home value in Volo is $319,700, above the national median of $303,400. The median monthly rent is $2,169. The homeownership rate is 82.0%.

$319,700
Median Home Value
$2,169/mo
Median Rent
82.0%
Homeownership Rate
Housing Metric Value
Median Home Value$319,700
Median Monthly Rent$2,169
Homeownership Rate82.0%

Salaries in Illinois

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Frequently Asked Questions

What is the population of Volo, Illinois?
The population of Volo, Illinois is 6,706 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Volo, Illinois?
The median household income in Volo, Illinois is $160,792. This is 99.5% above the national median of $80,610.
What is the median home value in Volo, Illinois?
The median home value in Volo, Illinois is $319,700. The median monthly rent is $2,169.
What percentage of people in Volo have a college degree?
In Volo, Illinois, 52.2% of adults age 25 and older hold a bachelor's degree or higher, and 95.6% have a high school diploma or higher.
Is Volo, Illinois an affordable place to live?
The home price-to-income ratio in Volo, Illinois is 2.0x (median home value $319,700 vs. median income $160,792), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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