Phoenix, IL
Population 1,284 · Illinois
About Phoenix, IL
Phoenix is a small town located in Illinois with a population of 1,284 residents according to the latest US Census Bureau American Community Survey data. The median household income is $25,703 per year, which is 66% below the national median of $75,149. The median age of 47.5 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 Phoenix features a median home value of $86,300, which is 65% below the national median of $244,900. This makes Phoenix one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $1,010, 13% below the national average of $1,163/month. Of the 738 total housing units, 62% are owner-occupied (393 units) and 38% are renter-occupied (236 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Phoenix shows an unemployment rate of 23.3%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 23.8%, above the national average of 12.4%. Workers in Phoenix have an average one-way commute time of 24.9 minutes.
Education & Demographics
9.4% of Phoenix 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 19.6% White, 0.0% Hispanic or Latino, 0.5% Black or African American, and 1.4% Asian residents, with 11.2% of the population being foreign-born.
Cost of Living in Phoenix, IL
Compared to national averages, Phoenix has a median household income of $25,703 (66% below the national median of $75,149). Home values average $86,300, which is 65% below the national median. Monthly rent at $1,010 is 13% below the US average of $1,163. Within Illinois, Phoenix's income is 66% below the state average of $75,072, and home values are 48% below the state median of $165,779.
Why Live in Phoenix, IL?
Phoenix offers affordable housing with a median home value of $86,300, below the US average of $244,900, and rent that’s lower than the national average at $1,010/month, and short commute times averaging just 24.9 minutes.
Potential considerations include median household income ($25,703) that falls below the national average. However, Phoenix’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Phoenix has a population of 1,284 with a median age of 47.5 years. Compare Phoenix with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Phoenix
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Westlake Village | 1,282 | $143,424 | $210,900 | Compare |
| Louisville | 1,288 | $44,318 | $86,300 | Compare |
| Clifton | 1,279 | $69,276 | $184,100 | Compare |
| Timberlane | 1,291 | $194,286 | $349,700 | Compare |
| Griggsville | 1,272 | $37,457 | $84,400 | Compare |
| Cambria | 1,271 | $51,042 | $140,100 | Compare |
| Germantown | 1,268 | $83,661 | $185,300 | Compare |
| Herscher | 1,302 | $100,833 | $198,200 | 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 Phoenix With Other Cities
Frequently Asked Questions about Phoenix
What is the population of Phoenix, IL?
The population of Phoenix, IL is 1,284 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 Phoenix?
The median household income in Phoenix, IL is $25,703 per year, which is 66% below the national median of $75,149.
What is the median home value in Phoenix?
The median home value in Phoenix, IL is $86,300, which is 65% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Phoenix?
The median monthly rent in Phoenix, IL is $1,010, which is 13% below the national average of $1,163/month.
What is the unemployment rate in Phoenix?
The unemployment rate in Phoenix, IL is 23.3%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Phoenix, IL a good place to live?
Phoenix offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,284 and a median age of 47.5, the city appeals to established professionals and retirees.
How educated is Phoenix, IL?
9.4% of residents in Phoenix 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 Phoenix?
Key cost-of-living indicators for Phoenix, IL: median home value is $86,300 (65% below national), median rent is $1,010/month, and median household income is $25,703. The home-value-to-income ratio is 3.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Phoenix?
The poverty rate in Phoenix, IL is 23.8%, 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 Phoenix, IL?
Phoenix's population is 19.6% White, 0.0% Hispanic or Latino, 0.5% Black or African American, 1.4% Asian, and 75.9% two or more races. 11.2% of residents are foreign-born.