Living in Ipava, Illinois

Cost of living, income, home prices, rent and demographics of Ipava · Census data 2020–2024

Ipava has 487 residents with a median age of 33.6. The median household income is $48,698 (42% lower than the Illinois median), the median home value is $66,300, the median rent is $1,055/month.

Ipava is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.

Ipava at a glance

Population
487
Median age
33.6State: 39
Median household income
$48,698State: $83,390
Median home value
$66,300State: $263,300
Median rent
$1,055/moState: $1,274
Homeowners
67.9%
Bachelor's degree or higher
16.1%
Average commute
31 min

Is Ipava a good place to live?

Pros: Home values 75% lower than the state median.

Cons: Median household income 42% lower than the Illinois median; an average commute of 31 minutes; unemployment of 14.2%; a poverty rate of 22.6%.

The weather is best in May–June and August–September.

Cost of living in Ipava

Housing is the biggest part of the cost of living. In Ipava the median home value is $66,300, 80% lower than the U.S. median. Renters pay a median of $1,055 per month, which is 34.6% of household income. Homeowners with a mortgage pay $1,028 a month in housing costs.

Median home value

Ipava$66,300
Illinois$263,300
United States$332,700

Median monthly rent

Ipava$1,055
Illinois$1,274
United States$1,413

Ipava median household income

The median household income in Ipava is $48,698 and the income per person is $28,449. 22.6% of residents live below the poverty line (Illinois: 11.8%).

Median household income

Ipava$48,698
Illinois$83,390
United States$80,734

Housing in Ipava: homes for sale and rent

Housing units
219
Owner-occupied
67.9%
Renter-occupied
32.1%
Vacant
11.9%Includes seasonal homes
Median year built
1950
Average household size
2.52

Ipava demographics

Population
487
Median age
33.6
Under 18
24.8%
65 and older
17.2%
Households
193
Foreign-born
0.8%
Veterans
6.3%Adults 18+

Race and ethnicity

White98.4%
Hispanic or Latino0%
Black0%
Asian0.8%

Hispanic or Latino can be of any race. Population history of Ipava ›

Education in Ipava

16.1% of adults 25 and older in Ipava have a bachelor's degree or higher (Illinois: 37.8%), and 3% have a graduate or professional degree.

Bachelor's degree or higher

Ipava16.1%
Illinois37.8%
United States35.7%

Jobs and commute in Ipava

Unemployment rate
14.2%State: 5.8%
Average commute
31 minState: 28 min
Work from home
5%
Drive alone
93.2%
Public transit
0%
Walk to work
0%
Homes with broadband
79.8%

Ipava vs nearby towns

TownPopulationMedian incomeHome valueRent
Ipava487$48,698$66,300$1,055
Table Grove306$59,000$75,500$794
Vermont698$48,846$57,000$704
Smithfield150$65,000$58,800—
Astoria984$50,536$67,600$680
Lewistown1,781$54,000$102,200$599
Marietta132$52,500$65,000—
Cuba1,004$42,375$63,900$829
Bryant160$35,000$91,400$590

More for people moving to Ipava

Ipava ZIP code ›Weather and climate ›

Living in Ipava: FAQ

What is the median household income in Ipava, IL?

The median household income in Ipava is $48,698, 42% lower than the Illinois median of $83,390 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Ipava?

The median home value in Ipava is $66,300, compared with $263,300 in Illinois.

How much is rent in Ipava?

The median gross rent in Ipava is $1,055 per month, about 34.6% of household income.

Is Ipava, IL a good place to live?

Pluses: home values 75% lower than the state median. Minuses: median household income 42% lower than the Illinois median; an average commute of 31 minutes; unemployment of 14.2%; a poverty rate of 22.6%.

What is the median age in Ipava?

The median age in Ipava is 33.6 years (Illinois: 39).

How long is the commute in Ipava?

The average commute to work in Ipava is 31 minutes; 5% of workers work from home.

What is the unemployment rate in Ipava?

The unemployment rate in Ipava is 14.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Ipava?

16.1% of adults in Ipava have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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