Parkersburg, IL
Population 233 · Illinois
About Parkersburg, IL
Parkersburg is a small community located in Illinois with a population of 233 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,417 per year, which is 44% below the national median of $75,149. The median age of 42.2 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Parkersburg features a median home value of $54,300, which is 78% below the national median of $244,900. This makes Parkersburg one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 116 total housing units, 94% are owner-occupied (102 units) and 6% are renter-occupied (6 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Parkersburg shows an unemployment rate of 2.9%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 10.0%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Parkersburg have an average one-way commute time of 27.1 minutes.
Education & Demographics
3.4% of Parkersburg residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The lower educational attainment rate may reflect the area's industry mix, with more employment in trades, manufacturing, or agricultural sectors. The community's demographic composition includes 0.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
Cost of Living in Parkersburg, IL
Compared to national averages, Parkersburg has a median household income of $42,417 (44% below the national median of $75,149). Home values average $54,300, which is 78% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Parkersburg's income is 43% below the state average of $75,072, and home values are 67% below the state median of $165,779.
Why Live in Parkersburg, IL?
Parkersburg offers affordable housing with a median home value of $54,300, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 2.9%. Additionally, the city features a low poverty rate of 10.0%, better than the national average.
Potential considerations include median household income ($42,417) that falls below the national average. However, Parkersburg’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Parkersburg has a population of 233 with a median age of 42.2 years. Compare Parkersburg with other cities to see how it stacks up, or explore all cities in Illinois.
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Other Cities in Illinois
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Parkersburg
What is the population of Parkersburg, IL?
The population of Parkersburg, IL is 233 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Illinois.
What is the median household income in Parkersburg?
The median household income in Parkersburg, IL is $42,417 per year, which is 44% below the national median of $75,149.
What is the median home value in Parkersburg?
The median home value in Parkersburg, IL is $54,300, which is 78% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Parkersburg?
The median monthly rent in Parkersburg, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Parkersburg?
The unemployment rate in Parkersburg, IL is 2.9%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Parkersburg, IL a good place to live?
Parkersburg offers a moderate cost of living, affordable housing, and a strong job market. With a population of 233 and a median age of 42.2, the city appeals to a broad range of residents.
How educated is Parkersburg, IL?
3.4% of residents in Parkersburg aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Parkersburg?
Key cost-of-living indicators for Parkersburg, IL: median home value is $54,300 (78% below national), median rent is $0/month, and median household income is $42,417. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Parkersburg?
The poverty rate in Parkersburg, IL is 10.0%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Parkersburg, IL?
Parkersburg's population is 0.0% White, 1.3% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 0.0% of residents are foreign-born.