ZIP Code 61864 — Philo village, IL Demographics & Data

ZIP code 61864 covers Philo, IL in Champaign County with a population of about 1,714.

At a glance, the area shows median age of 35.2 versus a U.S. median of about 38.9.

It sits in telephone area codes 217, 447; U.S. House district IL-15; the CHAMPAIGN & SPRNGFLD - DECATUR media market.

Median household income in ZIP 61864 is about $91,827 — about 22% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 6.0%; unemployment rate near 1.0%; 29.0% of adults with a bachelor’s degree or higher (about 4.7 points below the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Retail trade, and Healthcare; about 8.3% of workers reporting work-from-home (about 6.9 points below the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $203,600 — about 42% below the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $769 (about 34% below the U.S. median rent ($1,163)), and owner-occupancy near 87.9% (about 22.5 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 61864 in Philo, IL, a household would need roughly $56,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,308. That sits below the local median household income ($91,827), suggesting the typical household income is closer to a workable buy-in level under these assumptions. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

FEMA’s National Risk Index rates natural-hazard risk for Philo village, IL as Relatively Moderate (composite score 90.5), which is among the highest nationally. The strongest component scores on US5 are flood (90.4) and hurricane (48.9). These scores are county-linked NRI values published for planning context — all ZIP codes in the same county share the same composite score on US5. Useful when comparing insurance and disaster exposure across areas, not a substitute for a parcel-level flood or fire determination.

Climate normals for Philo village, IL show little to no average snow and around 37.0 inches of annual precipitation.

IRS migration statistics show a net inflow of about 95 for ZIP 61864 (Philo village, IL) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.