Volo, IL demographics:
population, income, and more

Total population
6,706
4.8% year-over-year change
Median household income
$160,792/yr
10.2% year-over-year change
Housing units
2,263
-0.2% year-over-year change

Volo population

How many people live in Volo

Volo is home to 6,706 residents, according to the most recent Census data. Gender-wise, 51.6% of Volo locals are male, and 48.4% are female.

Total population
6,706
4.8% year-over-year change
Gender ratio
Male
51.6%
3,461
Female
48.4%
3,245
Value Percent YoY change
Male 3,461 51.6% 5.4%
Female 3,245 48.4% 4.2%
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

The median age in Volo is 34, with the population distributed as follows: about 25.3% are children under 15, then 11.6% are in the 15 to 24 age group. Adults between 25 and 44 make up 34.4% of the population, while another 16.9% fall into the 45 to 64 bracket. Finally, around 11.9% are 65 or older.

Median age
33.5
Age breakdown
Under 15
25.3%
15 to 24
11.6%
25 to 44
34.4%
45 to 64
16.9%
Over 65
11.9%
Value Percent YoY change
Under 15 1,694 25.3% 5.4%
15 to 24 779 11.6% 30.7%
25 to 44 2,304 34.4% 2.9%
45 to 64 1,134 16.9% -12.0%
Over 65 795 11.9% 19.2%
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 Volo, 87.2% of the population are US-born citizens, while 10.5% have gained naturalized citizenship. At the same time, 2.3% of residents are non-citizens. As for race, 73.9% of locals are Caucasian, 3.5% are African American and 7.8% have Asian roots. There’s also a share of 12% that includes residents with two or more races.

Citizenship
U.S.-born citizens
87.2%
Non-U.S.-born citizens
10.5%
Non-citizens
2.3%
Value Percent YoY change
U.S.-born citizens 5,846 87.2% 1.1%
Non-U.S.-born citizens 705 10.5% 51.3%
Non-citizens 155 2.3% 4.7%
Racial breakdown
White
73.9%
Black or African American
3.5%
American Indian and Alaska Native
0.3%
Asian
7.8%
Native Hawaiian and other Pacific Islander
0%
Two or more races
12%
Other
2.5%
Value Percent
White 4,957 73.9%
Black or African American 232 3.5%
American Indian and Alaska Native 23 0.3%
Asian 520 7.8%
Two or more races 804 12%
Other 170 2.5%

Households in Volo

A peek inside Volo households

Volo has 2,263 households, with an average of 3 members in each. Of these, 83.1% are families, while the remaining 16.9% are made up of individuals living alone or with non-relatives, such as roommates.

Households stats

Total households
2,263
0.6% year-over-year change
Average people per household
3
Non-family households
382
Family households
1,881
Value Percent YoY change
Non-family households 382 16.9% 13.7%
Family households 1,881 83.1% -1.7%
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 Volo

The housing landscape of Volo

Volo's housing consists of 2,263 units, with 62.9% being detached single-family homes ideal for those wanting space. Attached options, including duplexes and townhouses, make up 32.6% and offer a more compact, shared living style.

Housing units
2,263
-0.2% year-over-year change
Housing types
Value Percent
1 unit, detached 1,423 62.9%
1 unit, attached 738 32.6%
2 units 8 0.4%
3 or 4 units 30 1.3%
5 to 9 units 12 0.5%
10 to 19 units 18 0.8%
20 to 49 units 12 0.5%
50 or more units 22 1%
Homes built since 2020
112
173.2% year-over-year change

The age of buildings in Volo

In Volo, the median construction year is 2010. About 0.5% of homes were built before the 1940s, with another 1.8% going up by 1949. Most development happened in the second half of the 20th century. Then, 36.2% of homes were added from 2000 to 2009, 45.3% between 2010 and 2019, and 5% are part of the newest wave of development.

Construction year breakdown by decade
Value Percent YoY change
Built in 1939 or earlier 12 0.5% -7.7%
Built between 1940 and 1949 40 1.8% 2.6%
Built between 1950 and 1959 13 0.6% 0.0%
Built between 1970 and 1979 12 0.5% -47.8%
Built between 1980 and 1989 6 0.3% 20.0%
Built between 1990 and 1999 225 9.9% -12.8%
Built between 2000 and 2009 818 36.2% -7.3%
Built between 2010 and 2019 1,025 45.3% 3.2%
Built in 2020 or later 112 5% 173.2%
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.

Volo occupancy rates

Out of the 2,263 occupied housing units in Volo, 82% are owner-occupied, while 18% are lived in by tenants.

Occupied housing units
2,263
0.6% year-over-year change
Occupancy breakdown
Renter occupied
408
Owner occupied
1,855
Value Percent YoY
change
Renter occupied 408 18% -2.9%
Owner occupied 1,855 82% 1.4%
Unoccupied housing units
0.0%
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.

Volo housing costs

Housing costs in Volo come to a median of $2,190 per month, while tenants specifically pay a median gross rent of $2,169.

Median housing costs per month
$2,190/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.
Median gross rent in Volo
$2,169/month
Gross rent gives a more complete look at what renters actually pay, including not just base rent, but also utilities and fees. It’s a key number for evaluating rental affordability in your area of interest and understanding how it compares to nearby locations.

Education in Volo

Volo education at a glance

About 17.8% of the population in Volo went to high school, while 19.7% pursued college studies. Another 9.6% earned an associate degree and 37.3% hold a bachelor’s. Meanwhile, 12.2% went even further, earning a master’s or doctorate.

Education level
Value Percent YoY change
No high school 161 3.5% -26.8%
High school diploma 826 17.8% 16.2%
College diploma 915 19.7% -11.3%
Associate degree 447 9.6% -1.1%
Bachelor's degree 1,734 37.3% 12.2%
Graduate degree 565 12.2% 11.7%
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 Volo

How much people earn in Volo

The average annual household income in Volo was $159,648 in 2024, the most recent annual data available, according to the U.S. Census Bureau. This marked a +6.4% change from the previous year. At the same time, the median income stood at $160,792, reflecting a +10.2% shift over the same period.

Average household income in Volo
$159,648/year
6.4% year-over-year change
Median household income in Volo
$160,792/year
10.2% year-over-year change

Volo income by age

In Volo, households led by residents aged 25 to 44 — usually in the early to mid stages of their careers — have a median income of $161,542. Those with someone between 45 and 64 in charge, often well established professionally, earn $169,707 overall. Overall, 97.9% of the locals in this community live above the poverty line.

Income breakdown by age
Value YoY change
25 - 44 $161,542 10.8%
45 - 64 $169,707 3.1%
Over 65 $69,886 65.5%
Above poverty level
6,521
Below poverty level
139
Value Percent YoY
change
Above poverty level 6,521 97.9% 5.0%
Below poverty level 139 2.1% 16.8%

Average renter income in Volo

To get a better sense of what renters earn on average in Volo, their median household income was $155,505 according to 2022 Census data. In addition, the rent-to-income ratio in the area, at 16.7%, shows what portion of their earnings goes toward housing expenses.

Renter median household income
$155,505
Rent-to-income ratio
16.7%
Understanding the rent-to-income ratio can help renters gauge if local housing costs align with their earnings. A ratio under 30% usually signals affordability, while exceeding this mark means rent is taking a larger-than-recommended bite out of income. That could make it harder for you to cover other costs like transportation, healthcare, or child care.

Employment in Volo

Workforce and job types in Volo

The job market in Volo is powered by 3,560 working residents, spread across a range of industries and roles. 91.3% of the working population are employed in professional or administrative positions, while 8.7% are in hands-on or service-based jobs. Also, 12% run their own businesses, 65.6% are employed by private companies, and 15.3% work in the public sector.

Workforce demographics

Working population
3,560
2.2% year-over-year change
White collar
3,249
Blue collar
311
Value Percent YoY change
White collar 3,249 91.3% 2.4%
Blue collar 311 8.7% -0.3%
Employer type
Self employees
12%
Private companies
65.6%
Governmental workers
15.3%
Not for profit companies
7.1%
Value Percent YoY change
Self employees 427 12% 15.1%
Private companies 2,337 65.6% -5.6%
Governmental workers 544 15.3% 42.8%
Not for profit companies 252 7.1% -1.6%
Unemployment rate
2.6%
-11.2% year-over-year change

Available workforce

The unemployment rate in Volo stands at 2.6%, representing the share of the workforce currently without a job and actively looking for one.

For renters, the unemployment rate helps paint a picture of job security and financial stability in the area. Rates around 4% to 5% are considered typical. A lower-than-average rate might suggest strong job prospects and a thriving local economy, while a higher rate could hint at fewer opportunities—both useful to consider when planning a move.

Transportation in Volo

How people get around in Volo

Commuting methods vary: 77.6% of residents travel by personal vehicle and 0.4% prefer to walk, while the remaining share relies on public transit or on two wheelers to get from A to B.

Means of transportation
Value Percent YoY change
Car 2,799 77.6% -0.2%
Railroad 44 1.2% 2.3%
Walk 14 0.4% N/A
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 Volo by zipcode?

Zipcode Population Number of households Median income Average income
60020 10,970 5,120 $73,949 $92,883
60041 9,024 3,706 $93,396 $108,258
60073 62,868 20,236 $98,514 $114,133

Find your place

Explore more communities

FAQs about Volo demographics 

What is the total population of Volo?

Volo has a total population of 6,706 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 +4.8% compared to a year ago.

What is the gender ratio in Volo?

The gender ratio in Volo is as follows:
  • 51.6% males (3,461 residents)
  • 48.4% females (3,245 residents)

What is the median age in Volo?

The median age in Volo is 33.5.

What is the age distribution of the population in Volo?

The age distribution in Volo is as follows:
  • Under 15: 25.3% (1,694 residents)
  • Ages 15-24: 11.6% (779 residents)
  • Ages 25-44: 34.4% (2,304 residents)
  • Ages 45-64: 16.9% (1,134 residents)
  • Over 65: 11.9% (795 residents)

What is the racial and ethnic makeup of Volo?

The racial and ethnic makeup of Volo is as follows:
  • White: 73.9% (4,957 residents)
  • Black or African American: 3.5% (232 residents)
  • American Indian and Alaska Native: 0.3% (23 residents)
  • Asian: 7.8% (520 residents)
  • Native Hawaiian and Other Pacific Islander: 0% (0 residents)
  • Two or More Races: 12% (804 residents)
  • Other: 2.5% (170 residents)

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

U.S.-born citizens represent 87.2% of the population in Volo.

How many housing units are there in Volo?

There are 2,263 housing units in Volo, reflecting a -0.2% change compared to the previous year, according to the latest data from the U.S. Census Bureau.

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

Volo has a total of 2,263 households, with an average of 3 people in each.

What is the median household income in Volo?

Volo has a median household income of $160,792, representing a +10.2% shift from the previous year, according to the U.S. Census Bureau.

What is the employment rate and job market overview for Volo?

The employment rate is 97.4% in Volo, with a workforce of 3,560 residents. Here’s a detailed breakdown of the local job market:

Job types:
  • White-collar workers: 91.3% (3,249 residents)
  • Blue-collar workers: 8.7% (311 residents)

Places of employment:
  • Self-employed: 12% (427 residents)
  • Private companies: 65.6% (2,337 residents)
  • Governmental workers: 15.3% (544 residents)
  • Not-for-profit companies: 7.1% (252 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