Virginia, IL
Population 1,491 · Illinois
About Virginia, IL
Virginia is a small town located in Illinois with a population of 1,491 residents according to the latest US Census Bureau American Community Survey data. The median household income is $51,818 per year, which is 31% below the national median of $75,149. The median age of 44 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 Virginia features a median home value of $93,500, which is 62% below the national median of $244,900. This makes Virginia one of the more affordable markets in the country, potentially attractive for first-time homebuyers. Median monthly rent is $663, 43% below the national average of $1,163/month. Of the 695 total housing units, 66% are owner-occupied (422 units) and 34% are renter-occupied (220 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Virginia shows an unemployment rate of 4.4%, which is near the national rate of 3.7%. The poverty rate stands at 14.6%, above the national average of 12.4%. Workers in Virginia have an average one-way commute time of 20.5 minutes.
Education & Demographics
15.6% of Virginia 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 1.9% White, 0.7% Hispanic or Latino, 2.4% Black or African American, and 0.0% Asian residents, with 1.3% of the population being foreign-born.
Cost of Living in Virginia, IL
Compared to national averages, Virginia has a median household income of $51,818 (31% below the national median of $75,149). Home values average $93,500, which is 62% below the national median. Monthly rent at $663 is 43% below the US average of $1,163. Within Illinois, Virginia's income is 31% below the state average of $75,072, and home values are 44% below the state median of $165,779.
Why Live in Virginia, IL?
Virginia offers affordable housing with a median home value of $93,500, below the US average of $244,900, and rent that’s lower than the national average at $663/month, and short commute times averaging just 20.5 minutes.
Potential considerations include median household income ($51,818) that falls below the national average. However, Virginia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Virginia has a population of 1,491 with a median age of 44 years. Compare Virginia with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Virginia
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Durand | 1,485 | $63,542 | $130,600 | Compare |
| Kirkland | 1,497 | $92,500 | $187,800 | Compare |
| Malta | 1,507 | $83,611 | $178,900 | Compare |
| Lanark | 1,510 | $66,250 | $97,100 | Compare |
| Warsaw | 1,511 | $58,074 | $90,700 | Compare |
| Mount Pulaski | 1,513 | $70,175 | $113,400 | Compare |
| Grayville | 1,515 | $47,308 | $76,000 | Compare |
| Mount Carroll | 1,515 | $59,167 | $88,800 | 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 Virginia With Other Cities
Frequently Asked Questions about Virginia
What is the population of Virginia, IL?
The population of Virginia, IL is 1,491 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 Virginia?
The median household income in Virginia, IL is $51,818 per year, which is 31% below the national median of $75,149.
What is the median home value in Virginia?
The median home value in Virginia, IL is $93,500, which is 62% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Virginia?
The median monthly rent in Virginia, IL is $663, which is 43% below the national average of $1,163/month.
What is the unemployment rate in Virginia?
The unemployment rate in Virginia, IL is 4.4%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Virginia, IL a good place to live?
Virginia offers a moderate cost of living, affordable housing, and growing employment opportunities. With a population of 1,491 and a median age of 44, the city appeals to a broad range of residents.
How educated is Virginia, IL?
15.6% of residents in Virginia 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 Virginia?
Key cost-of-living indicators for Virginia, IL: median home value is $93,500 (62% below national), median rent is $663/month, and median household income is $51,818. The home-value-to-income ratio is 1.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Virginia?
The poverty rate in Virginia, IL is 14.6%, 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 Virginia, IL?
Virginia's population is 1.9% White, 0.7% Hispanic or Latino, 2.4% Black or African American, 0.0% Asian, and 0.9% two or more races. 1.3% of residents are foreign-born.