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The total population of Ipava is estimated to be 452 with 237 males (52.43%) and 215 females (47.57%). There are 22 less females than males in Ipava.
The median household income in Ipava was $48,641 in 2021, which marked an an increase of 10,162(26.41%) from $38,479 in 2020. This income is 65.20% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Ipava sees its highest median household income among householders in the age group of 45 to 64 years old, at $74,763. Overall, the median household income for the village of Ipava stands at $48,641.
In Ipava, the median income for all workers aged 15 years and older, regardless of work hours, was $36,095 for males and $31,617 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $48,101 for males and $36,867 for females.
In Ipava, population is primarily represented by White households, reporting a median income of $48,641.
In 2022, the population of Ipava was 432, a 1.14% decrease year-by-year from 2021. Previously, in 2021, Ipava's population was 437, a decline of 0.91% compared to a population of 441 in 2020.
The median age in Ipava, IL is 44.4, as per 2021 ACS 5-Year Estimates. Of the total population, 18.15% were under the age of 15, 16.13% aged 15 to 29, 44.15% aged 30 to 64, 20.77% aged 65 to 84, and 0.81% were 85 years of age and older.
Racial distribution of Ipava population: 96.17% are White and 3.83% are multiracial.