Ipava, IL Profile: Facts & Data

The Village of Ipava had a population of 503 as of July 1, 2025. 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 Village of Ipava 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.

Ipava, IL Data & Demographics (As of July 1, 2025)

POPULATION
Total Population	503 (100%)
Population in Households	503 (100.0%)
Population in Families	391 (77.7%)
Population in Group Quarters¹	0
Population Density	1,877
Diversity Index²	10


INCOME
Median Household Income	$65,562
Average Household Income	$79,501
% of Income for Mortgage⁴	9%
Per Capita Income	$35,878
Wealth Index⁵	55
Socioeconomic Status Index⁶	Moderate (50.1)

HOUSING
Total HU (Housing Units)	237 (100%)
Owner Occupied HU	187 (78.9%)
Renter Occupied HU	40 (16.9%)
Vacant Housing Units	10 ( 4.2%)
Median Home Value	$95,500
Average Home Value	$108,463
Housing Affordability Index³	208

HOUSEHOLDS
Total Households	227
Average Household Size	2.22
Family Households	132
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Ipava, IL - Peer Comparisons by Rank and Percentile

The table below compares Ipava to the other 1,461 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2025 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.

GROWTH RATE / YEAR	2020-2025	2025-2030
Population	2.27%	0.47%
Households	1.04%	0.18%
Families		0.45%
Median Household Income		2.32%
Per Capita Income		1.77%
Owner Occupied HU		0.42%

Variable Description	Rank	Percentile
Total Population	# 904	38th
Population Density	# 267	82nd
Median Household Income	# 1012	31st
Housing Affordability Index	# 1347	92nd
Per Capita Income	# 964	34th
Diversity Index	# 1316	10th

Ipava, IL Profile: Facts & Data

Ipava, Illinois - Basic Facts

Ipava, IL Data & Demographics (As of July 1, 2025)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Ipava, IL - Peer Comparisons by Rank and Percentile

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