Princeville, IL
Population 1,932 · Illinois
About Princeville, IL
Princeville is a small community in Illinois with a population of 1,932 residents. The median household income is $81,944 per year, which is above the national average. The median age in Princeville is 36.4 years.
Housing in Princeville has a median home value of $162,000 and median monthly rent of $919. Of the 726 total housing units, the majority are owner-occupied, with 564 owner-occupied and 136 renter-occupied units.
The unemployment rate in Princeville is 1.8% and the poverty rate is 11.3%. 28.3% of residents hold a bachelor's degree or higher. The average commute time is 21.1 minutes.
Cost of Living in Princeville, IL
Compared to national averages, Princeville has a median household income of $81,944 (9% above the national median of $75,149). Home values average $162,000, which is 34% below the national median. Monthly rent at $919 is 21% below the US average of $1,163. Within Illinois, Princeville's income is 9% above the state average of $75,072, and home values are 2% below the state median of $165,779.
Why Live in Princeville, IL?
Princeville offers a strong local economy with a median household income of $81,944, well above the national average, and affordable housing with a median home value of $162,000, below the US average of $244,900, and rent that’s lower than the national average at $919/month. Additionally, the city features a strong job market with an unemployment rate of just 1.8%, and a low poverty rate of 11.3%, better than the national average, and short commute times averaging just 21.1 minutes.
Princeville has a population of 1,932 with a median age of 36.4 years. Compare Princeville with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Princeville
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| New Athens | 1,937 | $61,477 | $118,100 | Compare |
| Maple Park | 1,939 | $106,250 | $265,000 | Compare |
| Sesser | 1,919 | $52,326 | $79,800 | Compare |
| Hampton | 1,946 | $86,679 | $182,800 | Compare |
| Mount Sterling | 1,949 | $63,922 | $118,100 | Compare |
| Jonesboro | 1,912 | $58,309 | $114,400 | Compare |
| Jerome | 1,910 | $55,777 | $116,700 | Compare |
| Minonk | 1,909 | $62,000 | $120,600 | 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.
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Frequently Asked Questions about Princeville
What is the population of Princeville, IL?
The population of Princeville, IL is 1,932 according to the latest Census data.
What is the median household income in Princeville?
The median household income in Princeville, IL is $81,944 per year.
What is the median home value in Princeville?
The median home value in Princeville, IL is $162,000.
What is the average rent in Princeville?
The median monthly rent in Princeville, IL is $919.
What is the unemployment rate in Princeville?
The unemployment rate in Princeville, IL is 1.8%.