Living in Princeville, Illinois
Cost of living, income, home prices, rent and demographics of Princeville · Census data 2020–2024
Princeville has 1,837 residents with a median age of 38.1. The median household income is $76,250 (9% lower than the Illinois median), the median home value is $168,100, the median rent is $931/month.
Princeville at a glance
- Population
- 1,837
- Median age
- 38.1State: 39
- Median household income
- $76,250State: $83,390
- Median home value
- $168,100State: $263,300
- Median rent
- $931/moState: $1,274
- Homeowners
- 80.8%
- Bachelor's degree or higher
- 33.5%
- Average commute
- 21 min
Is Princeville a good place to live?
Pros: Home values 36% lower than the state median; an average commute of 21 minutes; unemployment of 1.4%.
Cons: Median household income 9% lower than the Illinois median; a poverty rate of 14.2%.
The weather is best in May–June and August–September.
Cost of living in Princeville
Housing is the biggest part of the cost of living. In Princeville the median home value is $168,100, 49% lower than the U.S. median. Renters pay a median of $931 per month, which is 23.6% of household income. Homeowners with a mortgage pay $1,388 a month in housing costs.
Princeville median household income
The median household income in Princeville is $76,250 and the income per person is $36,634. 14.2% of residents live below the poverty line (Illinois: 11.8%).
Housing in Princeville: homes for sale and rent
- Housing units
- 707
- Owner-occupied
- 80.8%
- Renter-occupied
- 19.2%
- Vacant
- 4.1%Includes seasonal homes
- Median year built
- 1970
- Average household size
- 2.70
Princeville demographics
- Population
- 1,837
- Median age
- 38.1
- Under 18
- 31.8%
- 65 and older
- 19.3%
- Households
- 678
- Foreign-born
- 0.6%
- Veterans
- 6.9%Adults 18+
Hispanic or Latino can be of any race. Population history of Princeville ›
Education in Princeville
33.5% of adults 25 and older in Princeville have a bachelor's degree or higher (Illinois: 37.8%), and 13.5% have a graduate or professional degree.
Jobs and commute in Princeville
- Unemployment rate
- 1.4%State: 5.8%
- Average commute
- 21 minState: 28 min
- Work from home
- 7.6%
- Drive alone
- 82.3%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 88.1%
Princeville vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Princeville | 1,837 | $76,250 | $168,100 | $931 |
| Dunlap | 1,360 | $141,552 | $289,600 | $976 |
| Wyoming | 1,578 | $60,238 | $109,500 | $668 |
| Brimfield | 750 | $70,000 | $140,700 | $900 |
| Toulon | 1,485 | $59,167 | $95,500 | $714 |
| Rome | 1,947 | $88,750 | $159,800 | $1,094 |
| Chillicothe | 5,900 | $66,132 | $132,900 | $899 |
| Williamsfield | 531 | $82,417 | $109,800 | $617 |
| Spring Bay | 520 | $61,389 | $130,200 | $1,071 |
More for people moving to Princeville
Princeville ZIP code ›Weather and climate ›Living in Princeville: FAQ
What is the median household income in Princeville, IL?
The median household income in Princeville is $76,250, 9% 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 Princeville?
The median home value in Princeville is $168,100, compared with $263,300 in Illinois.
How much is rent in Princeville?
The median gross rent in Princeville is $931 per month, about 23.6% of household income.
Is Princeville, IL a good place to live?
Pluses: home values 36% lower than the state median; an average commute of 21 minutes; unemployment of 1.4%. Minuses: median household income 9% lower than the Illinois median; a poverty rate of 14.2%.
What is the median age in Princeville?
The median age in Princeville is 38.1 years (Illinois: 39).
How long is the commute in Princeville?
The average commute to work in Princeville is 21 minutes; 7.6% of workers work from home.
What is the unemployment rate in Princeville?
The unemployment rate in Princeville is 1.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Princeville?
33.5% of adults in Princeville 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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