Percy, IL
Population 1,014 · Illinois
About Percy, IL
Percy is a small town located in Illinois with a population of 1,014 residents according to the latest US Census Bureau American Community Survey data. The median household income is $42,813 per year, which is 43% below the national median of $75,149. The median age of 30.7 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Percy features a median home value of $88,500, which is 64% below the national median of $244,900. This makes Percy one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $714, 39% below the national average of $1,163/month. Of the 515 total housing units, 58% are owner-occupied (249 units) and 42% are renter-occupied (182 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Percy shows an unemployment rate of 0.2%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 11.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Percy have an average one-way commute time of 21.3 minutes.
Education & Demographics
4.3% of Percy 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 5.5% White, 4.2% Hispanic or Latino, 0.0% Black or African American, and 18.9% Asian residents, with 16.7% of the population being foreign-born.
How Percy Ranks in Illinois
Cost of Living in Percy, IL
Compared to national averages, Percy has a median household income of $42,813 (43% below the national median of $75,149). Home values average $88,500, which is 64% below the national median. Monthly rent at $714 is 39% below the US average of $1,163. Within Illinois, Percy's income is 43% below the state average of $75,072, and home values are 47% below the state median of $165,779.
Why Live in Percy, IL?
Percy offers affordable housing with a median home value of $88,500, below the US average of $244,900, and rent that’s lower than the national average at $714/month, and a strong job market with an unemployment rate of just 0.2%. Additionally, the city features a low poverty rate of 11.1%, better than the national average, and short commute times averaging just 21.3 minutes.
Potential considerations include median household income ($42,813) that falls below the national average. However, Percy’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Percy has a population of 1,014 with a median age of 30.7 years. Compare Percy with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Percy
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Rapids City | 1,012 | $90,750 | $207,600 | Compare |
| Forrest | 1,008 | $70,417 | $104,000 | Compare |
| Forest View | 1,022 | $108,833 | $257,100 | Compare |
| Wenona | 1,006 | $40,921 | $88,900 | Compare |
| Beckemeyer | 1,024 | $64,231 | $112,500 | Compare |
| Hamel | 1,004 | $105,313 | $231,900 | Compare |
| Washburn | 1,026 | $79,306 | $90,700 | Compare |
| Ashland | 1,001 | $62,417 | $104,000 | 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 Percy With Other Cities
Frequently Asked Questions about Percy
What is the population of Percy, IL?
The population of Percy, IL is 1,014 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 Percy?
The median household income in Percy, IL is $42,813 per year, which is 43% below the national median of $75,149.
What is the median home value in Percy?
The median home value in Percy, IL is $88,500, which is 64% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Percy?
The median monthly rent in Percy, IL is $714, which is 39% below the national average of $1,163/month.
What is the unemployment rate in Percy?
The unemployment rate in Percy, IL is 0.2%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Percy, IL a good place to live?
Percy offers a moderate cost of living, affordable housing, and a strong job market. With a population of 1,014 and a median age of 30.7, the city appeals to young professionals and families.
How educated is Percy, IL?
4.3% of residents in Percy 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 Percy?
Key cost-of-living indicators for Percy, IL: median home value is $88,500 (64% below national), median rent is $714/month, and median household income is $42,813. The home-value-to-income ratio is 2.1x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Percy?
The poverty rate in Percy, 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 Percy, IL?
Percy's population is 5.5% White, 4.2% Hispanic or Latino, 0.0% Black or African American, 18.9% Asian, and 0.0% two or more races. 16.7% of residents are foreign-born.