Ipava, IL
Population 510 · Illinois
About Ipava, IL
Ipava is a small community in Illinois with a population of 510 residents. The median household income is $42,500 per year, which is below the national average. The median age in Ipava is 33.9 years.
Housing in Ipava has a median home value of $58,200 and median monthly rent of $956. Of the 224 total housing units, the majority are owner-occupied, with 146 owner-occupied and 58 renter-occupied units.
The unemployment rate in Ipava is 12.4% and the poverty rate is 26.6%. 13.1% of residents hold a bachelor's degree or higher. The average commute time is 32.7 minutes.
Cost of Living in Ipava, IL
Compared to national averages, Ipava has a median household income of $42,500 (43% below the national median of $75,149). Home values average $58,200, which is 76% below the national median. Monthly rent at $956 is 18% below the US average of $1,163. Within Illinois, Ipava's income is 43% below the state average of $75,072, and home values are 65% below the state median of $165,779.
Why Live in Ipava, IL?
Ipava offers affordable housing with a median home value of $58,200, below the US average of $244,900, and rent that’s lower than the national average at $956/month.
Potential considerations include median household income ($42,500) that falls below the national average. However, Ipava’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Ipava has a population of 510 with a median age of 33.9 years. Compare Ipava with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Ipava
What is the population of Ipava, IL?
The population of Ipava, IL is 510 according to the latest Census data.
What is the median household income in Ipava?
The median household income in Ipava, IL is $42,500 per year.
What is the median home value in Ipava?
The median home value in Ipava, IL is $58,200.
What is the average rent in Ipava?
The median monthly rent in Ipava, IL is $956.
What is the unemployment rate in Ipava?
The unemployment rate in Ipava, IL is 12.4%.