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CITY

Penfield

Illinois · 190 residents · 0.257 sq mi
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The short version

Penfield is wealthier than most US places, with a median household income of $97,000. Population has held roughly steady since 2023. 2% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value is $96,200. With a median age of 52.7, the population is older than the US median of 38.9. It sits in the top 10% of US cities for household income.

At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 52.7
US median: 38.9
Less educated
2% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
190
−3%since 2023
from 195 in 2023
2010 – 2024
Population density
739 / sq mi
−3%since 2023
from 759 / sq mi in 2023
US average: 281
Median age
52.7
+1%since 2023
from 52.3 in 2023
US average: 38.9
Population, 2010 – 2024
116150185219254201020202024Penfield
2024190
201020202024
Section 02

Income & economy

Median household income
$97,000
Unchangedinflation adjusted, since 2023
from $94,531 in 2023
US average: $82,259
2010 – 2024
Per capita income
$37,286
+2%since 2023
from $36,533 in 2023
US average: $44,673
Households earning $100K+
60.3%
+2.0 ptssince 2023
from 58.2% in 2023
US average: 53.3%
Poverty rate
12.4%
−0.2 ptssince 2023
from 12.6% in 2023
US average: 12.5%
Income inequality (Gini)
0.319
Unchangedsince 2023
from 0.319 in 2023
US average: 0.476
Workforce by industry, 2024
Finance & insurance34%
US avg: 5.9%
Professional, scientific, technical31.9%
US avg: 5.1%
Retail trade23.4%
US avg: 9.9%
Transportation & warehousing23.4%
US avg: 2.2%
Education & health services2.1%
US avg: 0.9%
Agriculture, forestry, fishing0%
US avg: 1.6%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Wholesale trade0%
US avg: 6.9%
Information0%
US avg: 10.8%
Arts, entertainment, food0%
US avg: 1.9%
Other services0%
US avg: 6.7%
Public administration0%
US avg: 4.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$96,200
−4%inflation adjusted, since 2023
from $97,200 in 2023
US average: $376,019
2010 – 2024
Owner-occupied
85.9%
+2.4 ptssince 2023
from 83.5% in 2023
14.1% rent
Vacancy rate
10.3%
+0.1 ptssince 2023
from 10.2% in 2023
US average: 10.0%
Owner cost-burdened
19.4%
−1.8 ptssince 2023
from 21.2% in 2023
US average: 22.9%
Renter cost-burdened
27.3%
+27.3 ptssince 2023
from 0.0% in 2023
US average: 47.4%
Afford Score
1.0
−4%since 2023
from 1.0 in 2023
2010 – 2024
Gentrification Score
47
RELATED:See current rent listings in Penfield on RentDataNow
Section 04

Race & ethnicity

2023
White, non-Hispanic95.4%(186)
Black0%(0)
Hispanic / Latino4.6%(9)
Asian0%(0)
Other0%(0)
Diversity Score11%(21)
2024
White, non-Hispanic96.3%(183)
Black0%(0)
Hispanic / Latino3.7%(7)
Asian0%(0)
Other0%(0)
Diversity Score8.9%(17)
Diversity Score
9
−19%since 2023
from 11 in 2023
2010 – 2024
Section 05

Education

Bachelor's degree or higher
2.0%
−0.6 ptssince 2023
from 2.6% in 2023
US average: 35.6%
High school or higher
100.0%
Unchangedsince 2023
from 100.0% in 2023
US average: 89.6%
Graduate degree
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.0%
Section 06

Commute & transportation

Average commute
24.2 min
+1%since 2023
from 24.0 min in 2023
US average: 26.5
Drive alone to work
85.1%
+0.3 ptssince 2023
from 84.8% in 2023
US average: 68.9%
Carpooled to work
4.3%
−0.1 ptssince 2023
from 4.3% in 2023
US average: 8.5%
Public transit
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 3.2%
Worked from home
10.6%
−0.2 ptssince 2023
from 10.9% in 2023
US average: 15.0%
Walked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 2.4%
Biked to work
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 0.4%
No vehicle available
3.8%
Unchangedsince 2023
from 3.8% in 2023
US average: 8.3%
Section 07

Work & employment

Unemployment rate
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 5.2%
Labor force participation
30.7%
+1.8 ptssince 2023
from 28.9% in 2023
US average: 63.5%
Self-employed
14.9%
+1.9 ptssince 2023
from 13.0% in 2023
US average: 13.1%
Management & professional
19.1%
−0.4 ptssince 2023
from 19.6% in 2023
US average: 42.5%
Section 08

People & community

Male
48.4%
+0.2 ptssince 2023
from 48.2% in 2023
Female
51.6%
−0.2 ptssince 2023
from 51.8% in 2023
Foreign born
0.0%
Unchangedsince 2023
from 0.0% in 2023
US average: 14.1%
Veterans
17.6%
−0.6 ptssince 2023
from 18.2% in 2023
US average: 6.2%
With a disability
21.6%
−4.0 ptssince 2023
from 25.6% in 2023
US average: 13.3%
Uninsured
1.6%
+0.6 ptssince 2023
from 1.0% in 2023
US average: 8.4%
Broadband at home
96.2%
Unchangedsince 2023
from 96.2% in 2023
US average: 91.0%
English only at home
97.9%
+0.5 ptssince 2023
from 97.4% in 2023
US average: 77.7%
Spanish at home
2.1%
−0.5 ptssince 2023
from 2.6% in 2023
US average: 13.6%
Drill deeper

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Compare Penfield to nearby cities

PENFIELD VS
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Income$48,691−50%
Home value$118,200+23%
Population11,991+6211%
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PENFIELD VS
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PENFIELD VS
Danville
Income$45,957−53%
Home value$79,000−18%
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PENFIELD VS
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Income$56,118−42%
Home value$210,900+119%
Population91,195+47897%
SEE FULL COMPARISON →
Frequently asked

How many people live in Penfield, Illinois?

Penfield, Illinois has about 190 residents according to the 2024 American Community Survey.

What is the median household income in Penfield, Illinois?

The typical household in Penfield, Illinois earns about $97,000 a year. Half of households make more than that, and half make less.

Is Penfield, Illinois expensive?

In Penfield, Illinois, the median home is worth about $96,200.

How educated are people in Penfield, Illinois?

About 2.0% of adults age 25 and over in Penfield, Illinois hold a bachelor's degree or higher.

What is the poverty rate in Penfield, Illinois?

About 12.4% of people in Penfield, Illinois live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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