City

Putnam, IL

1 ZIP code  ·  Putnam County  ·  Illinois

👥586Population
💰$74,643Median HH Income≈ Avg
🎂63.6Median Age
🏠$229,800Median Home Value▼ 18% below avg
🎓49.3%College Grads▲ 27% above avg
📊4.2%Unemployment▼ 15% below avg
People & Population (ACS 2023 — weighted avg)
♂ Male 52.2% Female 47.8% ♀

Race & Ethnicity

White: 93.2%Asian: 3.4%Other: 3.4%Race
White93.2%
Asian3.4%
Other3.4%

Age Breakdown

Under 5
3%
5–17
2%
18–24
2%
25–44
9%
45–64
37%
65+
30%

Key Indicators

Median Age63.6 yrs
Avg HH Size1.81
Below Poverty16.9% ▲ 69% above avg
College Grads49.3% ▲ 27% above avg
Unemployment4.2% ▼ 15% below avg
No HS Diploma17 (3.5%)
HS Graduate151 (31.1%)
Some College38 (7.8%)
Associates40 (8.2%)
Bachelors11 (2.3%)
Graduate Degree228 (47%)

Education

No HS: 3.5%HS Grad: 31.1%Some College: 7.8%Associates: 8.2%Bachelors: 2.3%Graduate: 47%Edu
No HS3.5%
HS Grad31.1%
Some College7.8%
Associates8.2%
Bachelors2.3%
Graduate47.0%
Housing & Income

Housing Tenure

Owner: 93.8%Renter: 6.2%Tenure
Owner93.8%
Renter6.2%

Home Value Distribution

Under $50k
5%
$50k–$100k
5%
$100k–$150k
10%
$150k–$200k
22%
$200k–$300k
27%
$300k–$500k
27%
Over $500k
4%

Financials

Median HH Income$74,643 ≈ Avg
Median Home Value$229,800 ▼ 18% below avg
Home/Income Ratio3.1x (nat avg ~3.5x)
Total Housing Units636
Vacant Units312

Income Distribution

Under $25k
19%
$25k–$50k
11%
$50k–$75k
18%
$75k–$100k
24%
$100k–$150k
22%
$150k–$200k
3%
Over $200k
3%
Employment & Commute

How People Get to Work

Drove Alone
93%
Work From Home
7%

Commute Time

Under 15 min
3%
15–30 min
32%
30–45 min
39%
Over 45 min
25%
Housing Stock

Year Built

1940s–1950s
2%
1960s–1970s
14%
1980s–1990s
34%
2000+
51%
About Putnam, IL

Putnam is a city in Illinois, located in Putnam County. The city spans 1 ZIP code and is home to approximately 586 residents. It is an older city, with a median age of 63.6 years.

Economically, Putnam is a solidly middle-class community. The median household income of $74,643 is near the national average. Approximately 16.9% of residents live below the poverty line. The unemployment rate is 4.2%, below the national average.

The real estate market in Putnam is an affordable housing market. Median home values stand at $229,800, which is below the national average. Homeownership is high at 93.8%, typical of suburban and family-oriented communities.

The population of Putnam is well-educated. 49.3% of adults hold a bachelor's degree or higher — above the national average. The community is primarily White (93.17%).

Putnam, IL offers residents a cost-conscious lifestyle within Illinois.

ZIP Codes in Putnam
ZIPPopulationMedian IncomeMedian HomeMedian RentUnemp.CollegeOwner Occ.
61560 586 $74,643 $229,800 4.2% 49.3% 93.8%