Putnam, IL demographics:
population, income, and more

Total population
477
-18.6% year-over-year change
Median household income
$73,333/yr
-1.8% year-over-year change
Housing units
593
-6.8% year-over-year change

Putnam population

How many people live in Putnam

Putnam is home to 477 residents, according to the most recent Census data. Gender-wise, 51.4% of Putnam locals are male, and 48.6% are female.

Total population
477
-18.6% year-over-year change
Gender ratio
Male
51.4%
245
Female
48.6%
232
Value Percent YoY change
Male 245 51.4% -19.9%
Female 232 48.6% -17.1%
A higher population often means more rental variety and livelier areas. The gender balance—how many men live here compared to women—can reveal a lot about the community and the lifestyles of its residents. Use this info to get a sense of the area's pace and personality.

Age demographics

Adults between 25 and 44 make up 4.4% of the population, while another 48.2% fall into the 45 to 64 bracket. Finally, around 47.4% are 65 or older.

Median age
62.9
Age breakdown
Under 15
0%
15 to 24
0%
25 to 44
4.4%
45 to 64
48.2%
Over 65
47.4%
Value Percent YoY change
25 to 44 21 4.4% -59.6%
45 to 64 230 48.2% 6.0%
Over 65 226 47.4% -20.1%
The age composition helps you get insight into who lives in the area. A younger population might mean a more active, fast-paced vibe, while an older one could suggest a quieter, slower lifestyle. If there's a balanced makeup, you’re likely to find a variety of services, housing types, and community spaces that cater to different life stages.

Racial makeup

In Putnam, 96.2% of the population are US-born citizens, while 3.8% have gained naturalized citizenship. There’s also a share of 8% that includes residents with two or more races.

Citizenship
U.S.-born citizens
96.2%
Non-U.S.-born citizens
3.8%
Non-citizens
0%
Value Percent YoY change
U.S.-born citizens 459 96.2% -19.2%
Non-U.S.-born citizens 18 3.8% 0.0%
Racial breakdown
White
89.1%
Black or African American
0%
American Indian and Alaska Native
0%
Asian
2.9%
Native Hawaiian and other Pacific Islander
0%
Two or more races
8%
Other
0%
Value Percent
White 425 89.1%
Asian 14 2.9%
Two or more races 38 8%

Households in Putnam

A peek inside Putnam households

Putnam has 294 households, with an average of 2 members in each. Of these, 57.5% are families, while the remaining 42.5% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
294
-9.3% year-over-year change
Average people per household
2
Non-family households
125
Family households
169
Value Percent YoY change
Non-family households 125 42.5% 13.6%
Family households 169 57.5% -21.0%
The mix between family and non-family households gives a glimpse into daily life. A higher percentage of families might mean more parks and schools, while more non-family setups can mean flexible housing and diverse living styles. For renters, this can signal what kinds of homes are common and can help you figure out if the area matches your lifestyle.

Housing in Putnam

The housing landscape of Putnam

Putnam's housing consists of 593 units, with 100% being detached single-family homes ideal for those wanting space.

Housing units
593
-6.8% year-over-year change
Housing types
Value Percent
1 unit, detached 593 100%
Homes built since 2020
% year-over-year change

The age of buildings in Putnam

In Putnam, the median construction year is 2001. Most development happened in the second half of the 20th century.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 43 7.2% 19.4%
Built between 1960 and 1969 8 1.4% -11.1%
Built between 1970 and 1979 12 2% -77.8%
Built between 1980 and 1989 122 20.6% -22.3%
Built between 1990 and 1999 90 15.2% -43.8%
Built between 2000 and 2009 214 36.1% 28.1%
Built between 2010 and 2019 104 17.5% 96.2%
As a renter, knowing when homes were built helps you understand the potential condition and design of rental units. Newer builds may have more contemporary layouts, while older homes can offer character or larger lots, depending on the area.

Putnam occupancy rates

Meanwhile, 50.4% of all homes on the local market sit vacant.

Occupied housing units
294
-9.3% year-over-year change
Occupancy breakdown
Renter occupied
Owner occupied
294
Value Percent YoY
change
Owner occupied 294 100% -3.3%
Unoccupied housing units
50.4%
Unoccupied housing units refer to homes that are currently without residents—whether they're waiting for renters or owners, used seasonally, or simply unclaimed. A higher share of empty homes may mean more housing availability, while a low number can reflect a tighter market with more competition. This, along with the renter-vs.-owner mix, helps paint a clearer picture of what types of housing and services are likely to be available in the area.

Putnam housing costs

Median housing costs per month
$822/month
This figure sums up typical monthly housing costs for all households in the area. If you own, it includes mortgage payments in addition to property taxes, insurance and HOA fees. If you rent, it accounts for rent plus extras like utilities. It’s useful for seeing how local living expenses stack up compared to other places.

Education in Putnam

Putnam education at a glance

About 29.1% of the population in Putnam went to high school, while 26% pursued college studies. Another 3.4% earned an associate degree and 25.2% hold a bachelor’s. Meanwhile, 14.5% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 9 1.9% -47.1%
High school diploma 139 29.1% -24.5%
College diploma 124 26% 59.0%
Associate degree 16 3.4% 45.5%
Bachelor's degree 120 25.2% -31.0%
Graduate degree 69 14.5% -28.9%
A community’s education mix can offer insights into the local economy and housing market. Higher levels of education often align with more job opportunities and stable incomes, which can increase demand for homes and influence both rent prices and rental availability.

Income in Putnam

How much people earn in Putnam

The average annual household income in Putnam was $79,484 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +1.9% change from the previous year. At the same time, the median income stood at $73,333, reflecting a -1.8% shift over the same period.

Average household income in Putnam
$79,484/year
1.9% year-over-year change
Median household income in Putnam
$73,333/year
-1.8% year-over-year change

Putnam income by age

Those with someone between 45 and 64 in charge, often well established professionally, earn $73,782 overall. Overall, 89.1% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
45 - 64 $73,782 3.4%
Over 65 $75,357 -21.0%
Above poverty level
425
Below poverty level
52
Value Percent YoY
change
Above poverty level 425 89.1% -12.7%
Below poverty level 52 10.9% -47.5%

Employment in Putnam

Workforce and job types in Putnam

73.1% of the working population are employed in professional or administrative positions, while 26.9% are in hands-on or service-based jobs. Also, 21.9% run their own businesses, 68.6% are employed by private companies, and 6.2% work in the public sector.

Workforce demographics

White collar
177
Blue collar
65
Value Percent YoY change
White collar 177 73.1% 9.3%
Blue collar 65 26.9% -29.4%
Employer type
Self employees
21.9%
Private companies
68.6%
Governmental workers
6.2%
Not for profit companies
3.3%
Value Percent YoY change
Self employees 53 21.9% -18.5%
Private companies 166 68.6% 4.4%
Governmental workers 15 6.2% -6.2%
Not for profit companies 8 3.3% -42.9%

Transportation in Putnam

How people get around in Putnam

In Putnam, the average commute time is 47 minutes.

Commute time
47 min
Means of transportation
Value Percent YoY change
Car 215 100% -9.3%
Understanding how locals get to work can help you plan your own routine. High car usage might mean you’ll need a vehicle, while strong public transit or walkability could save you the hassle. Commute times also play a big role in quality of life—shorter trips can give you more time for the things you enjoy.

What is the median and average household income in Putnam by zipcode?

Zipcode Population Number of households Median income Average income
61560 477 294 $73,333 $79,484

Explore more communities

FAQs about Putnam demographics 

What is the total population of Putnam?

Putnam has a total population of 477 residents, according to the latest release from the U.S. Census Bureau: the 2019-2023 American Community Survey (ACS) 5-year estimates. This figure changed by -18.6% compared to a year ago.

What is the gender ratio in Putnam?

The gender ratio in Putnam is as follows:
  • 51.4% males (245 residents)
  • 48.6% females (232 residents)

What is the median age in Putnam?

The median age in Putnam is 62.9.

What is the age distribution of the population in Putnam?

The age distribution in Putnam is as follows:
  • Under 15: 0% ( residents)
  • Ages 15-24: 0% ( residents)
  • Ages 25-44: 4.4% (21 residents)
  • Ages 45-64: 48.2% (230 residents)
  • Over 65: 47.4% (226 residents)

What is the racial and ethnic makeup of Putnam?

The racial and ethnic makeup of Putnam is as follows:
  • White: 89.1% (425 residents)
  • Black or African American: 0% ( residents)
  • American Indian and Alaska Native: 0% ( residents)
  • Asian: 2.9% (14 residents)
  • Native Hawaiian and Other Pacific Islander: 0% ( residents)
  • Two or More Races: 8% (38 residents)
  • Other: 0% ( residents)

What percentage of the population in Putnam are U.S.-born citizens?

U.S.-born citizens represent 96.2% of the population in Putnam.

How many housing units are there in Putnam?

There are 593 housing units in Putnam, reflecting a -6.8% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

How many households are in Putnam and what is the average household size?

Putnam has a total of 294 households, with an average of 2 people in each.

What is the median household income in Putnam?

Putnam has a median household income of $73,333, representing a -1.8% shift from the previous year, according to the U.S. Census Bureau.

What is the job market overview for Putnam?

Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 73.1% (177 residents)
  • Blue-collar workers: 26.9% (65 residents)

Places of employment:
  • Self-employed: 21.9% (53 residents)
  • Private companies: 68.6% (166 residents)
  • Governmental workers: 6.2% (15 residents)
  • Not-for-profit companies: 3.3% (8 residents)

Data source & methodology

The demographic data on this page was sourced from the latest U.S. Census Bureau release—the 2019–2023 American Community Survey (ACS) 5-year estimates.

The information, issued annually, is compiled and published by the Point2Homes Research Team as soon as new data becomes available.

No representation, guarantee, or warranty is made concerning the accuracy or completeness of modified or aggregated information for particular areas.

Page last updated: September 2025