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Penfield, IL

Full City Profile · Illinois · Vermilion County County

3.4 /5.0
B Good
195 Population 750/sq mi density
$94,531 Median Income $36,533 per capita
$97,200 Home Value $208,802 Zillow
52°F Avg Temperature 275 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.9 / 5.0
$94,531 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$97,200 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
F
Education
1.2 / 5.0
2.6% bachelor's degree or higher

Housing Overview

Median Home Value
$97,200
66% below
US avg: $281,900
Homeownership Rate
83.5%
28% above US avg (65.4%)
Total Housing Units
90
Median year built: 1938

Home Value by Source

Census Median
$97,200
Zillow (ZHVI)
$208,802
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

83.5%
Owner-Occupied
16.5%
Renter-Occupied
84%
17%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo

Affordability & Housing Stock

Rent Burden
26.8%
of renters spending 30%+ of income on housing
14% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
83.5%

Complete Housing Data

Home Values

Census Median Value$97,200
Zillow Home Value (ZHVI)$208,802

Rent

FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Ownership & Stock

Owner-Occupied83.5%
Renter-Occupied16.5%
Homeownership Rate83.5%
Total Housing Units90
Median Year Built1938
Rent Burden26.8%