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The total population of Philo is estimated to be 1,389 with 673 males (48.45%) and 716 females (51.55%). There are 43 more females than males in Philo.
The median household income in Philo was $102,292 in 2021, which marked an a decrease of 1,001(0.97%) from $103,293 in 2020. This income is 137.11% 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, Philo sees its highest median household income among householders in the age group of 45 to 64 years old, at $113,619. Overall, the median household income for the village of Philo stands at $102,292.
In Philo, the median income for all workers aged 15 years and older, regardless of work hours, was $55,889 for males and $38,656 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $61,928 for males and $52,449 for females.
In Philo, population is primarily represented by White households, reporting a median income of $103,178.
In 2022, the population of Philo was 1,365, a 0.58% decrease year-by-year from 2021. Previously, in 2021, Philo's population was 1,373, a decline of 1.08% compared to a population of 1,388 in 2020.
The median age in Philo, IL is 37.3, as per 2021 ACS 5-Year Estimates. Of the total population, 21.67% were under the age of 15, 19.77% aged 15 to 29, 42.15% aged 30 to 64, 14.64% aged 65 to 84, and 1.76% were 85 years of age and older.
Racial distribution of Philo population: 98.94% are White and 1.06% are multiracial.