Victoria, IL
Population 255 · Illinois
About Victoria, IL
Victoria is a small community located in Illinois with a population of 255 residents according to the latest US Census Bureau American Community Survey data. The median household income is $56,250 per year, which is 25% below the national median of $75,149. The median age of 35.1 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 Victoria features a median home value of $83,300, which is 66% below the national median of $244,900. This makes Victoria one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $786, 32% below the national average of $1,163/month. Of the 131 total housing units, 88% are owner-occupied (90 units) and 12% are renter-occupied (12 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Victoria shows an unemployment rate of 4.2%, which is near the national rate of 3.7%. The poverty rate stands at 5.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Victoria have an average one-way commute time of 29.8 minutes.
Education & Demographics
16.9% of Victoria 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 2.0% of the population being foreign-born.
Cost of Living in Victoria, IL
Compared to national averages, Victoria has a median household income of $56,250 (25% below the national median of $75,149). Home values average $83,300, which is 66% below the national median. Monthly rent at $786 is 32% below the US average of $1,163. Within Illinois, Victoria's income is 25% below the state average of $75,072, and home values are 50% below the state median of $165,779.
Why Live in Victoria, IL?
Victoria offers affordable housing with a median home value of $83,300, below the US average of $244,900, and rent that’s lower than the national average at $786/month, and a low poverty rate of 5.5%, better than the national average.
Potential considerations include median household income ($56,250) that falls below the national average. However, Victoria’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Victoria has a population of 255 with a median age of 35.1 years. Compare Victoria with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Victoria
Cities in Illinois with a similar population size.
Demographics
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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 Victoria
What is the population of Victoria, IL?
The population of Victoria, IL is 255 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 Victoria?
The median household income in Victoria, IL is $56,250 per year, which is 25% below the national median of $75,149.
What is the median home value in Victoria?
The median home value in Victoria, IL is $83,300, which is 66% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Victoria?
The median monthly rent in Victoria, IL is $786, which is 32% below the national average of $1,163/month.
What is the unemployment rate in Victoria?
The unemployment rate in Victoria, IL is 4.2%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Victoria, IL a good place to live?
Victoria offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 255 and a median age of 35.1, the city appeals to a broad range of residents.
How educated is Victoria, IL?
16.9% of residents in Victoria 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 Victoria?
Key cost-of-living indicators for Victoria, IL: median home value is $83,300 (66% below national), median rent is $786/month, and median household income is $56,250. The home-value-to-income ratio is 1.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Victoria?
The poverty rate in Victoria, IL is 5.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Victoria, IL?
Victoria's population is 0.0% White, 0.0% Hispanic or Latino, 0.0% Black or African American, 0.0% Asian, and 0.0% two or more races. 2.0% of residents are foreign-born.