Venetian Village, IL
Population 2,704 · Illinois
About Venetian Village, IL
Venetian Village is a small town located in Illinois with a population of 2,704 residents according to the latest US Census Bureau American Community Survey data. The median household income is $91,786 per year, which is 22% above the national median of $75,149. The median age of 37.5 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Venetian Village features a median home value of $216,900, which is 11% below the national median of $244,900. This positions Venetian Village in a moderately priced market relative to the rest of the country. Median monthly rent is $1,609, 38% above the national average of $1,163/month. Of the 1,046 total housing units, 86% are owner-occupied (842 units) and 14% are renter-occupied (136 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Venetian Village shows an unemployment rate of 4.5%, which is near the national rate of 3.7%. The poverty rate stands at 3.7%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Venetian Village have an average one-way commute time of 33.1 minutes.
Education & Demographics
14.1% of Venetian Village 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 16.8% White, 0.9% Hispanic or Latino, 10.1% Black or African American, and 0.3% Asian residents, with 7.6% of the population being foreign-born.
Cost of Living in Venetian Village, IL
Compared to national averages, Venetian Village has a median household income of $91,786 (22% above the national median of $75,149). Home values average $216,900, which is 11% below the national median. Monthly rent at $1,609 is 38% above the US average of $1,163. Within Illinois, Venetian Village's income is 22% above the state average of $75,072, and home values are 31% above the state median of $165,779.
Why Live in Venetian Village, IL?
Venetian Village offers a strong local economy with a median household income of $91,786, well above the national average, and affordable housing with a median home value of $216,900, below the US average of $244,900, and a low poverty rate of 3.7%, better than the national average.
Venetian Village has a population of 2,704 with a median age of 37.5 years. Compare Venetian Village with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Venetian Village
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Pawnee | 2,706 | $77,977 | $151,100 | Compare |
| Oakbrook Terrace | 2,714 | $70,586 | $315,600 | Compare |
| Mount Morris | 2,679 | $38,162 | $117,600 | Compare |
| Trenton | 2,673 | $80,227 | $179,200 | Compare |
| Hamilton | 2,738 | $53,487 | $105,600 | Compare |
| Rushville | 2,668 | $57,589 | $91,000 | Compare |
| McLeansboro | 2,750 | $46,589 | $72,200 | Compare |
| Davis Junction | 2,656 | $103,615 | $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 Venetian Village With Other Cities
Frequently Asked Questions about Venetian Village
What is the population of Venetian Village, IL?
The population of Venetian Village, IL is 2,704 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 Venetian Village?
The median household income in Venetian Village, IL is $91,786 per year, which is 22% above the national median of $75,149.
What is the median home value in Venetian Village?
The median home value in Venetian Village, IL is $216,900, which is 11% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Venetian Village?
The median monthly rent in Venetian Village, IL is $1,609, which is 38% above the national average of $1,163/month.
What is the unemployment rate in Venetian Village?
The unemployment rate in Venetian Village, IL is 4.5%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Venetian Village, IL a good place to live?
Venetian Village offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 2,704 and a median age of 37.5, the city appeals to a broad range of residents.
How educated is Venetian Village, IL?
14.1% of residents in Venetian Village 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 Venetian Village?
Key cost-of-living indicators for Venetian Village, IL: median home value is $216,900 (11% below national), median rent is $1,609/month, and median household income is $91,786. The home-value-to-income ratio is 2.4x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Venetian Village?
The poverty rate in Venetian Village, IL is 3.7%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Venetian Village, IL?
Venetian Village's population is 16.8% White, 0.9% Hispanic or Latino, 10.1% Black or African American, 0.3% Asian, and 4.8% two or more races. 7.6% of residents are foreign-born.