Winfield, IL
Population 9,982 · Illinois
About Winfield, IL
Winfield is a small town located in Illinois with a population of 9,982 residents according to the latest US Census Bureau American Community Survey data. The median household income is $143,102 per year, which is 90% above the national median of $75,149. The median age of 46 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 Winfield features a median home value of $363,400, which is 48% above the national median of $244,900. This positions Winfield in a moderately priced market relative to the rest of the country. Median monthly rent is $1,381, 19% above the national average of $1,163/month. Of the 4,102 total housing units, 93% are owner-occupied (3,742 units) and 7% are renter-occupied (271 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Winfield shows an unemployment rate of 5.0%, which is near the national rate of 3.7%. The poverty rate stands at 2.5%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Winfield have an average one-way commute time of 29.4 minutes.
Education & Demographics
59.9% of Winfield residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 8.8% White, 0.9% Hispanic or Latino, 1.1% Black or African American, and 1.7% Asian residents, with 7.1% of the population being foreign-born.
Cost of Living in Winfield, IL
Compared to national averages, Winfield has a median household income of $143,102 (90% above the national median of $75,149). Home values average $363,400, which is 48% above the national median. Monthly rent at $1,381 is 19% above the US average of $1,163. Within Illinois, Winfield's income is 91% above the state average of $75,072, and home values are 119% above the state median of $165,779.
Why Live in Winfield, IL?
Winfield offers a strong local economy with a median household income of $143,102, well above the national average, and a well-educated community where 59.9% of residents hold a bachelor’s degree or higher, and a low poverty rate of 2.5%, better than the national average.
Winfield has a population of 9,982 with a median age of 46 years. Compare Winfield with other cities to see how it stacks up, or explore all cities in Illinois.
Similar Cities Near Winfield
Cities in Illinois with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Harvard | 9,875 | $71,418 | $174,000 | Compare |
| Peru | 9,863 | $68,147 | $155,600 | Compare |
| Frankfort Square | 9,777 | $126,953 | $282,100 | Compare |
| Mahomet | 9,755 | $114,904 | $293,200 | Compare |
| Sauk Village | 9,724 | $56,946 | $101,900 | Compare |
| Highland | 10,268 | $77,886 | $185,800 | Compare |
| Flossmoor | 9,666 | $137,768 | $309,100 | Compare |
| Manhattan | 10,315 | $128,375 | $314,400 | 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 Winfield With Other Cities
Frequently Asked Questions about Winfield
What is the population of Winfield, IL?
The population of Winfield, IL is 9,982 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 Winfield?
The median household income in Winfield, IL is $143,102 per year, which is 90% above the national median of $75,149.
What is the median home value in Winfield?
The median home value in Winfield, IL is $363,400, which is 48% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Winfield?
The median monthly rent in Winfield, IL is $1,381, which is 19% above the national average of $1,163/month.
What is the unemployment rate in Winfield?
The unemployment rate in Winfield, IL is 5.0%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Winfield, IL a good place to live?
Winfield offers above-average incomes, a competitive housing market, and growing employment opportunities. With a population of 9,982 and a median age of 46, the city appeals to established professionals and retirees.
How educated is Winfield, IL?
59.9% of residents in Winfield aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Winfield?
Key cost-of-living indicators for Winfield, IL: median home value is $363,400 (48% above national), median rent is $1,381/month, and median household income is $143,102. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Winfield?
The poverty rate in Winfield, IL is 2.5%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Winfield, IL?
Winfield's population is 8.8% White, 0.9% Hispanic or Latino, 1.1% Black or African American, 1.7% Asian, and 1.1% two or more races. 7.1% of residents are foreign-born.