Peoria Heights, IL
Population 5,834 · Illinois
About Peoria Heights, IL
Peoria Heights is a small town located in Illinois with a population of 5,834 residents according to the latest US Census Bureau American Community Survey data. The median household income is $62,083 per year, which is 17% below the national median of $75,149. The median age of 39.6 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Peoria Heights features a median home value of $118,000, which is 52% below the national median of $244,900. This makes Peoria Heights one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $921, 21% below the national average of $1,163/month. Of the 3,119 total housing units, 65% are owner-occupied (1,848 units) and 35% are renter-occupied (984 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Peoria Heights shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 11.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Peoria Heights have an average one-way commute time of 16.7 minutes, one of the shorter commutes in the region.
Education & Demographics
27.0% of Peoria Heights residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.0% White, 0.4% Hispanic or Latino, 0.2% Black or African American, and 0.1% Asian residents, with 5.2% of the population being foreign-born.
Cost of Living in Peoria Heights, IL
Compared to national averages, Peoria Heights has a median household income of $62,083 (17% below the national median of $75,149). Home values average $118,000, which is 52% below the national median. Monthly rent at $921 is 21% below the US average of $1,163. Within Illinois, Peoria Heights's income is 17% below the state average of $75,072, and home values are 29% below the state median of $165,779.
Why Live in Peoria Heights, IL?
Peoria Heights offers affordable housing with a median home value of $118,000, below the US average of $244,900, and rent that’s lower than the national average at $921/month, and a low poverty rate of 11.1%, better than the national average. Additionally, the city features short commute times averaging just 16.7 minutes.
Potential considerations include median household income ($62,083) that falls below the national average. However, Peoria Heights’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Peoria Heights has a population of 5,834 with a median age of 39.6 years. Compare Peoria Heights with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Peoria Heights
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Lake Bluff | 5,834 | $205,735 | $739,400 | Compare |
| Carterville | 5,822 | $65,238 | $183,500 | Compare |
| Bartonville | 5,854 | $67,674 | $128,000 | Compare |
| Spring Grove | 5,866 | $133,224 | $371,200 | Compare |
| Willow Springs | 5,871 | $103,429 | $370,900 | Compare |
| Lakemoor | 5,878 | $96,929 | $261,300 | Compare |
| Du Quoin | 5,780 | $47,632 | $78,000 | Compare |
| Metropolis | 5,898 | $51,548 | $93,700 | 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.
Compare Peoria Heights With Other Cities
Frequently Asked Questions about Peoria Heights
What is the population of Peoria Heights, IL?
The population of Peoria Heights, IL is 5,834 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Illinois.
What is the median household income in Peoria Heights?
The median household income in Peoria Heights, IL is $62,083 per year, which is 17% below the national median of $75,149.
What is the median home value in Peoria Heights?
The median home value in Peoria Heights, IL is $118,000, which is 52% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Peoria Heights?
The median monthly rent in Peoria Heights, IL is $921, which is 21% below the national average of $1,163/month.
What is the unemployment rate in Peoria Heights?
The unemployment rate in Peoria Heights, IL is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Peoria Heights, IL a good place to live?
Peoria Heights offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 5,834 and a median age of 39.6, the city appeals to a broad range of residents.
How educated is Peoria Heights, IL?
27.0% of residents in Peoria Heights 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 Peoria Heights?
Key cost-of-living indicators for Peoria Heights, IL: median home value is $118,000 (52% below national), median rent is $921/month, and median household income is $62,083. The home-value-to-income ratio is 1.9x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Peoria Heights?
The poverty rate in Peoria Heights, IL is 11.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Peoria Heights, IL?
Peoria Heights's population is 3.0% White, 0.4% Hispanic or Latino, 0.2% Black or African American, 0.1% Asian, and 3.8% two or more races. 5.2% of residents are foreign-born.