Ipava, IL Profile: Facts & Data


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Ipava, Illinois - Basic Facts

The Village of Ipava had a population of 505 as of July 1, 2020. Ipava ranks in the upper quartile for Population Density and the lower quartile for Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Illinois. See peer rankings below.

The primary coordinate point for Ipava is located at latitude 40.3514 and longitude -90.3246 in Fulton County. The formal boundaries for the Village of Ipava encompass a land area of 0.27 sq. miles and a water area of 0 sq. miles. Fulton County is in the Central time zone (GMT -6). The elevation is 659 feet.

The Village of Ipava (GNIS ID: 2398272) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

The Village of Ipava is located within Township of Pleasant, a minor civil division (MCD) of Fulton County.


Ipava, IL Data & Demographics (As of July 1, 2020)


Total Population 505 (100%)
Population in Households 505 (100.0%)
Population in Families 403 (79.8%)
Population in Group Quarters1 0
Population Density 1,884
Diversity Index2 7


Median Household Income $47,508
Average Household Income $59,534
% of Income for Mortgage4 7%
Per Capita Income $26,973
Wealth Index5 55


Total HU (Housing Units) 269 (100%)
Owner Occupied HU 193 (71.7%)
Renter Occupied HU 38 (14.1%)
Vacant Housing Units 38 (14.1%)
Median Home Value $77,344
Average Home Value $90,026
Housing Affordability Index3 305


Total Households 231
Average Household Size 2.19
Family Households 154
Average Family Size 3
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.


2010-2020 2020-2025
Population 0.7% 0.0%
Households 0.84% 0.09%
Families 1.0% -0.13%
Median Household Income   1.18%
Per Capita Income   1.95%
Owner Occupied HU   0.1%


Ipava, IL - Peer Comparisons by Rank and Percentile

The table below compares Ipava to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 925 32nd
Population Density # 304 78th
Median Household Income # 1066 22nd
Housing Affordability Index # 1077 79th
Per Capita Income # 881 36th
Diversity Index # 1128 18th

Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.

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