Tovey, IL Demographics

The total population of Tovey is estimated to be 630 with 278 males (44.13%) and 352 females (55.87%). There are 74 more females than males in Tovey.
The median household income in Tovey was $85,573 in 2021, which marked an a decrease of 16,688(16.32%) from $102,261 in 2020. This income is 114.70% 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, Tovey sees its highest median household income among householders in the age group of 25 to 44 years old, at $100,790. Overall, the median household income for the village of Tovey stands at $85,573.
In Tovey, the median income for all workers aged 15 years and older, regardless of work hours, was $60,351 for males and $32,613 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $68,039 for males and $34,679 for females.
In Tovey, population is primarily represented by White households, reporting a median income of $85,573.
In 2022, the population of Tovey was 452, a 1.09% decrease year-by-year from 2021. Previously, in 2021, Tovey's population was 457, a decline of 1.08% compared to a population of 462 in 2020.
The median age in Tovey, IL is 26.4, as per 2021 ACS 5-Year Estimates. Of the total population, 31.07% were under the age of 15, 24.91% aged 15 to 29, 38.84% aged 30 to 64, 5.06% aged 65 to 84, and 0.12% were 85 years of age and older.
Racial distribution of Tovey population: 100% are White.