Plum Valley, IL
Population 542 · Illinois
About Plum Valley, IL
Plum Valley is a small community located in Illinois with a population of 542 residents according to the latest US Census Bureau American Community Survey data. The median household income is $213,084 per year, which is 184% above the national median of $75,149. The median age of 47.1 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 Plum Valley features a median home value of $268,600, which is 10% above the national median of $244,900. This positions Plum Valley in a moderately priced market relative to the rest of the country. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 194 total housing units, 80% are owner-occupied (155 units) and 20% are renter-occupied (39 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Plum Valley shows an unemployment rate of 3.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Plum Valley have an average one-way commute time of 52.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
56.2% of Plum Valley residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 8.5% Hispanic or Latino, 0.0% Black or African American, and 0.0% Asian residents, with 0.0% of the population being foreign-born.
How Plum Valley Ranks in Illinois
Cost of Living in Plum Valley, IL
Compared to national averages, Plum Valley has a median household income of $213,084 (184% above the national median of $75,149). Home values average $268,600, which is 10% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Illinois, Plum Valley's income is 184% above the state average of $75,072, and home values are 62% above the state median of $165,779.
Why Live in Plum Valley, IL?
Plum Valley offers a strong local economy with a median household income of $213,084, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 3.0%. Additionally, the city features a well-educated community where 56.2% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.5%, better than the national average.
Plum Valley has a population of 542 with a median age of 47.1 years. Compare Plum Valley with other cities to see how it stacks up, or explore all cities in Illinois.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Plum Valley
What is the population of Plum Valley, IL?
The population of Plum Valley, IL is 542 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 Plum Valley?
The median household income in Plum Valley, IL is $213,084 per year, which is 184% above the national median of $75,149.
What is the median home value in Plum Valley?
The median home value in Plum Valley, IL is $268,600, which is 10% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Plum Valley?
The median monthly rent in Plum Valley, IL is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Plum Valley?
The unemployment rate in Plum Valley, IL is 3.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Plum Valley, IL a good place to live?
Plum Valley offers above-average incomes, a competitive housing market, and a strong job market. With a population of 542 and a median age of 47.1, the city appeals to established professionals and retirees.
How educated is Plum Valley, IL?
56.2% of residents in Plum Valley aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Plum Valley?
Key cost-of-living indicators for Plum Valley, IL: median home value is $268,600 (10% above national), median rent is $0/month, and median household income is $213,084. The home-value-to-income ratio is 1.3x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Plum Valley?
The poverty rate in Plum Valley, IL is 1.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Plum Valley, IL?
Plum Valley's population is 0.0% White, 8.5% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 69.7% two or more races. 0.0% of residents are foreign-born.