Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 35.2 yrs |
|---|---|
| Avg HH Size | 3.10 |
| Below Poverty | 6.0% ▼ 40% below avg |
| College Grads | 44.3% ▲ 14% above avg |
| Unemployment | 1.0% ▼ 79% below avg |
| No HS Diploma | 7 (0.7%) |
| HS Graduate | 290 (29.9%) |
| Some College | 136 (14%) |
| Associates | 108 (11.1%) |
| Bachelors | 131 (13.5%) |
| Graduate Degree | 299 (30.8%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $91,827 ▲ 20% above avg |
|---|---|
| Median Home Value | $203,600 ▼ 27% below avg |
| Home/Income Ratio | 2.2x (nat avg ~3.5x) |
| Median Rent | $1,063/mo |
| Total Housing Units | 595 |
| Vacant Units | 42 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Philo is a city in Illinois, located in Champaign County. The city spans 1 ZIP code and is home to approximately 1,714 residents. It is a relatively young city, with a median age of 35.2 years.
Economically, Philo is a middle-income community. The median household income of $91,827 is above the national average. Approximately 6.0% of residents live below the poverty line. The unemployment rate is 1.0%, well below the national average.
The real estate market in Philo is an affordable housing market. Median home values stand at $203,600, which is below the national average. Renters typically pay around $1,063 per month. Homeownership is high at 87.9%, typical of suburban and family-oriented communities.
The population of Philo is well-educated. 44.3% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (98.19%).
Philo, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61864 | 1,714 | $91,827 | $203,600 | $1,063 | 1.0% | 44.3% | 87.9% |