Phillipstown, IL
Population 46 · Illinois
About Phillipstown, IL
Phillipstown is a small community located in Illinois with a population of 46 residents according to the latest US Census Bureau American Community Survey data. The median household income is $0 per year, which is 100% below the national median of $75,149. The median age of 27 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 Phillipstown features a median home value of $142,200, which is 42% below the national median of $244,900. This makes Phillipstown 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 21 total housing units, 100% are owner-occupied (17 units) and 0% are renter-occupied (0 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Phillipstown shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 45.7%, above the national average of 12.4%. Workers in Phillipstown have an average one-way commute time of 0 minutes, one of the shorter commutes in the region.
Education & Demographics
12.0% of Phillipstown 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, 0.0% 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 Phillipstown, IL
Compared to national averages, Phillipstown has a median household income of $0 (100% below the national median of $75,149). Home values average $142,200, which is 42% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Phillipstown's income is 100% below the state average of $75,072, and home values are 14% below the state median of $165,779.
Why Live in Phillipstown, IL?
Phillipstown offers affordable housing with a median home value of $142,200, 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 0.0%. Additionally, the city features short commute times averaging just 0 minutes.
Potential considerations include median household income ($0) that falls below the national average. However, Phillipstown’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Phillipstown has a population of 46 with a median age of 27 years. Compare Phillipstown with other cities to see how it stacks up, or explore all cities in Illinois.
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Demographics
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Economy & Education
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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 Phillipstown
What is the population of Phillipstown, IL?
The population of Phillipstown, IL is 46 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 Phillipstown?
The median household income in Phillipstown, IL is $0 per year, which is 100% below the national median of $75,149.
What is the median home value in Phillipstown?
The median home value in Phillipstown, IL is $142,200, which is 42% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Phillipstown?
The median monthly rent in Phillipstown, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Phillipstown?
The unemployment rate in Phillipstown, IL is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Phillipstown, IL a good place to live?
Phillipstown offers a moderate cost of living, affordable housing, and a strong job market. With a population of 46 and a median age of 27, the city appeals to young professionals and families.
How educated is Phillipstown, IL?
12.0% of residents in Phillipstown 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 Phillipstown?
Key cost-of-living indicators for Phillipstown, IL: median home value is $142,200 (42% below national), median rent is $0/month, and median household income is $0. The home-value-to-income ratio is Infinityx, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Phillipstown?
The poverty rate in Phillipstown, IL is 45.7%, compared to the national average of 12.4%. Residents and prospective movers should be aware of the economic challenges facing parts of this community.
How diverse is Phillipstown, IL?
Phillipstown's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 6.5% two or more races. 0.0% of residents are foreign-born.