Income & Economy in Polo, IL

Household income, poverty rates, employment, and economic data — 2023 ACS Data

Income Overview

Source: U.S. Census Bureau ACS (2023)

Median Household Income

$52,976

-28% vs national

Per Capita Income

$29,178

-22% vs national

Poverty Rate

21.2%

+56% vs national

Gini Index

0.4153

0 = perfect equality

Unemployment

4.7%

-10% vs national

SNAP Recipients

12.3%

of households

How Polo Compares

Source: Census ACS (2023)

Polo vs Similar Cities

Source: Census ACS (2023)

Compared to cities with under 10,000 residents. Polo is highlighted.

Median Household Income

Per Capita Income

Poverty Rate

Unemployment Rate

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Where Do You Stack Up?

Enter your household income to see how you compare to other households in Polo. The median household income here is $52,976.

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Income Distribution

Source: U.S. Census Bureau ACS (2023)
<$25K
18.8%
$25-50K
30.8%
$50-75K
13.2%
$75-100K
14.8%
$100-150K
14.7%
$150-200K
4.6%
$200K+
3.2%

Employment Snapshot

Source: U.S. Census Bureau ACS (2023)

Unemployment Rate

4.7%

-16% vs IL avg

Labor Force

1,169

Employed

1,114

How People Get to Work

Source: Census ACS (2023)

Employment by Sector

Source: Census ACS (2023)

Education & Workforce

Source: U.S. Census Bureau ACS (2023)

Bachelor's Degree+

10.9%

of adults 25+

High School Diploma+

41.2%

of adults 25+

Median Age

32.2

Work from Home

6.4%

of workers

The median household income in Polo, IL is $52,976, which is 27.7% below the national average of $73,224. Per capita income is $29,178. The poverty rate of 21.2% is higher than the IL state average of 12.0%. The Gini index of income inequality is 0.4153, where 0 represents perfect equality and 1 represents maximum inequality. The unemployment rate is 4.7%, compared to the state average of 5.6%. 10.9% of adults hold a bachelor's degree or higher.