Penfield, IL
Population 195 · Illinois
About Penfield, IL
Penfield is a small community in Illinois with a population of 195 residents. The median household income is $94,531 per year, which is above the national average. The median age in Penfield is 52.3 years.
Housing in Penfield has a median home value of $97,200 and median monthly rent of $0. Of the 88 total housing units, the majority are owner-occupied, with 66 owner-occupied and 13 renter-occupied units.
The unemployment rate in Penfield is 0.0% and the poverty rate is 12.6%. 2.6% of residents hold a bachelor's degree or higher. The average commute time is 24 minutes.
Cost of Living in Penfield, IL
Compared to national averages, Penfield has a median household income of $94,531 (26% above the national median of $75,149). Home values average $97,200, which is 60% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Penfield's income is 26% above the state average of $75,072, and home values are 41% below the state median of $165,779.
Why Live in Penfield, IL?
Penfield offers a strong local economy with a median household income of $94,531, well above the national average, and affordable housing with a median home value of $97,200, below the US average of $244,900, and rent that’s lower than the national average at $0/month. Additionally, the city features a strong job market with an unemployment rate of just 0.0%, and short commute times averaging just 24 minutes.
Penfield has a population of 195 with a median age of 52.3 years. Compare Penfield with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Penfield
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Serena | 195 | $0 | $0 | Compare |
| Kingston Mines | 194 | $50,000 | $82,300 | Compare |
| Vermilion | 194 | $46,250 | $59,600 | Compare |
| White Heath | 197 | $96,875 | $162,300 | Compare |
| Cooksville | 191 | $55,000 | $107,800 | Compare |
| Sammons Point | 191 | $81,250 | $178,800 | Compare |
| Plattville | 200 | $140,313 | $285,400 | Compare |
| Thawville | 200 | $41,667 | $87,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
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 Penfield
What is the population of Penfield, IL?
The population of Penfield, IL is 195 according to the latest Census data.
What is the median household income in Penfield?
The median household income in Penfield, IL is $94,531 per year.
What is the median home value in Penfield?
The median home value in Penfield, IL is $97,200.
What is the average rent in Penfield?
The median monthly rent in Penfield, IL is $0.
What is the unemployment rate in Penfield?
The unemployment rate in Penfield, IL is 0.0%.