Polo, IL Profile: Facts & Data

Polo, Illinois - Basic Facts

The City of Polo had a population of 2,251 as of July 1, 2024.

The primary coordinate point for Polo is located at latitude 41.9861 and longitude -89.5793 in Ogle County. The formal boundaries for the City of Polo encompass a land area of 1.36 sq. miles and a water area of 0 sq. miles. Ogle County is in the Central time zone (GMT -6).

The City of Polo 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 City of Polo is located within Township of Buffalo, a minor civil division (MCD) of Ogle County.

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Polo, IL Data & Demographics (As of July 1, 2024)

POPULATION
Total Population	2,251 (100%)
Population in Households	2,212 (98.3%)
Population in Families	1,618 (71.9%)
Population in Group Quarters¹	39 ( 1.7%)
Population Density	1,551
Diversity Index²	22


INCOME
Median Household Income	$54,203
Average Household Income	$68,240
% of Income for Mortgage⁴	15%
Per Capita Income	$29,305
Wealth Index⁵	50
Socioeconomic Status Index⁶	Moderate (45.8)

HOUSING
Total HU (Housing Units)	1,076 (100%)
Owner Occupied HU	698 (64.9%)
Renter Occupied HU	268 (24.9%)
Vacant Housing Units	110 (10.2%)
Median Home Value	$125,120
Average Home Value	$139,183
Housing Affordability Index³	150

HOUSEHOLDS
Total Households	966
Average Household Size	2.29
Family Households	584
Average Family Size	3.00

HOUSING

Total HU (Housing Units)

1,076 (100%)

Owner Occupied HU

698 (64.9%)

Renter Occupied HU

268 (24.9%)

Vacant Housing Units

110 (10.2%)

Median Home Value

$125,120

Average Home Value

$139,183

Housing Affordability Index³

150

HOUSEHOLDS

Total Households

966

Average Household Size

2.29

Family Households

584

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.

GROWTH RATE / YEAR	2020-2024	2024-2029
Population	-0.41%	-0.36%
Households	0.02%	0.08%
Families		-0.21%
Median Household Income		2.96%
Per Capita Income		3.06%
Owner Occupied HU		0.48%

GROWTH RATE / YEAR

2020-2024

2024-2029

Population

-0.41%

-0.36%

Households

0.02%

0.08%

Families

-0.21%

Median Household Income

2.96%

Per Capita Income

3.06%

Owner Occupied HU

0.48%

Polo, IL - Peer Comparisons by Rank and Percentile

The table below compares Polo to the other 1,462 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2024 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	# 478	67th
Population Density	# 384	74th
Median Household Income	# 1225	16th
Housing Affordability Index	# 900	62nd
Per Capita Income	# 1269	13th
Diversity Index	# 708	52nd

Variable Description

Rank

Percentile

Total Population

# 478

67th

Population Density

# 384

74th

Median Household Income

# 1225

16th

Housing Affordability Index

# 900

62nd

Per Capita Income

# 1269

13th

Diversity Index

# 708

52nd

Illinois Census Data Comparison Tool

Polo, IL Profile: Facts & Data

Polo, Illinois - Basic Facts

Polo, IL Data & Demographics (As of July 1, 2024)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Polo, IL - Peer Comparisons by Rank and Percentile

Polo, IL - Most Popular Things to Do

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Ogle County