Volo, IL
Population 6,398 · Illinois
About Volo, IL
Volo is a small community in Illinois with a population of 6,398 residents. The median household income is $145,906 per year, which is above the national average. The median age in Volo is 34.3 years.
Housing in Volo has a median home value of $293,800 and median monthly rent of $2,229. Of the 2,267 total housing units, the majority are owner-occupied, with 1,829 owner-occupied and 420 renter-occupied units.
The unemployment rate in Volo is 3.0% and the poverty rate is 1.9%. 46.6% of residents hold a bachelor's degree or higher. The average commute time is 32.5 minutes.
Cost of Living in Volo, IL
Compared to national averages, Volo has a median household income of $145,906 (94% above the national median of $75,149). Home values average $293,800, which is 20% above the national median. Monthly rent at $2,229 is 92% above the US average of $1,163. Within Illinois, Volo's income is 94% above the state average of $75,072, and home values are 77% above the state median of $165,779.
Why Live in Volo, IL?
Volo offers a strong local economy with a median household income of $145,906, well above the national average, and a strong job market with an unemployment rate of just 3.0%, and a well-educated community where 46.6% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.9%, better than the national average.
Volo has a population of 6,398 with a median age of 34.3 years. Compare Volo with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Volo
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Johnsburg | 6,374 | $106,827 | $312,200 | Compare |
| Monticello | 6,332 | $88,611 | $196,000 | Compare |
| Countryside | 6,294 | $78,132 | $330,700 | Compare |
| Geneseo | 6,577 | $65,226 | $196,400 | Compare |
| Chillicothe | 6,185 | $62,108 | $128,500 | Compare |
| Braidwood | 6,175 | $83,365 | $205,900 | Compare |
| Winthrop Harbor | 6,663 | $94,221 | $238,800 | Compare |
| Pontoon Beach | 6,131 | $59,375 | $137,900 | 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 Volo
What is the population of Volo, IL?
The population of Volo, IL is 6,398 according to the latest Census data.
What is the median household income in Volo?
The median household income in Volo, IL is $145,906 per year.
What is the median home value in Volo?
The median home value in Volo, IL is $293,800.
What is the average rent in Volo?
The median monthly rent in Volo, IL is $2,229.
What is the unemployment rate in Volo?
The unemployment rate in Volo, IL is 3.0%.