Penfield, IL 61862 has a population of approximately 473 and experiences a population change rate of -7.44%. The population density is 11.7 / sq mi .
Penfield, IL 61862 has a population of approximately 473 and experiences a population change rate of -7.44%. The population density is 11.7 / sq mi .
The median household income for Penfield, IL 61862 is $103,750, with 222 households and an average household size of 2.87.
The median value of a home in Penfield, IL 61862 is $136,200 with an appreciation rate of 14.50%. 83.48% of housing in the state is owned while 13.04% is rented.
The cost of living in Penfield, IL 61862 is 92.3 %.
The unemployment rate in Penfield, IL 61862 is 3.60%, and recent job growth is at 2.16%. Future job growth is projected at 39.88%.
The sales tax rate in Penfield, IL 61862 is 7.50%, while the income tax rate is 4.95% .
School expenditures in Penfield, IL 61862 are $20,461, and the school ratio is 13.4:1.
The average high temperature in July is 85.3 degrees, with an average low temperature in January of 16.1 degrees. The average rainfall is approximately 40.5 inches per year, with 19.3 inches of snow per year.