Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 44.6 yrs |
|---|---|
| Avg HH Size | 2.30 |
| Below Poverty | 31.2% ▲ 212% above avg |
| College Grads | 20.1% ▼ 48% below avg |
| Unemployment | 13.5% ▲ 177% above avg |
| No HS Diploma | 2 (0.3%) |
| HS Graduate | 278 (43.6%) |
| Some College | 96 (15%) |
| Associates | 134 (21%) |
| Bachelors | 55 (8.6%) |
| Graduate Degree | 73 (11.4%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $38,269 ▼ 50% below avg |
|---|---|
| Median Home Value | $49,600 ▼ 82% below avg |
| Home/Income Ratio | 1.3x (nat avg ~3.5x) |
| Median Rent | $784/mo |
| Total Housing Units | 545 |
| Vacant Units | 103 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Venice is a city in Illinois, located in Madison County. The city spans 1 ZIP code and is home to approximately 1,015 residents. It is a middle-aged city, with a median age of 44.6 years.
Economically, Venice is a lower-income community. The median household income of $38,269 is below the national average. Approximately 31.2% of residents live below the poverty line. The unemployment rate is 13.5%, more than double the national average.
The real estate market in Venice is one of the more affordable housing markets in the country. Median home values stand at $49,600, which is well below the national average. Renters typically pay around $784 per month. At 39.6% owner-occupied, renters make up the majority — common in urban or college-town settings.
The population of Venice is less-educated. 20.1% of adults hold a bachelor's degree or higher — below the national average. The community is primarily Black (79.21%).
Venice, IL offers residents a cost-conscious lifestyle within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 62090 | 1,015 | $38,269 | $49,600 | $784 | 13.5% | 20.1% | 39.6% |