HomeIllinoisWill CountyPeotone village
Peotone village, Illinois: commercial real estate data.
Peotone village is a Census village of 4,587 people across 2.02 square miles of land, in Will County. Median household income is $108,523, 76.7 percent of occupied homes are owned, and the SBA record carries 1 7(a) approvals to borrowers here worth $60,000.
80 sourced place values · tier FULL · 9 sections
Peotone
What Peotone is
- Census place typevillage
- Land area2.02 sq mi
- Water area0.03 sq mi
- Population per square mile of land2,276
- County holding the largest share of its areaWill County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peotone
How many people live in Peotone
- Population4,587
- Median age39.3
- Population under 18978 plus or minus 204
- Share under 1821.3 percent
- Population 65 and over709 plus or minus 149
- Share 65 and over15.5 percent
- Households1,719
- Family households1,193
- Share of households that are families69.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peotone
Income and work in Peotone
- Median household income$108,523 plus or minus $29,508
- Per capita income$42,966
- Civilian labor force2,577
- Employed2,458
- Unemployed119 plus or minus 81
- Unemployment rate4.6 percent plus or minus 3.1
- Adults 25 and over3,053
- Adults 25 and over with a high school diploma or higher94.9 percent
- Adults 25 and over with a bachelor degree or higher35.3 percent
- Adults 25 and over with a graduate degree7.6 percent plus or minus 3.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peotone
Housing in Peotone
- Housing units1,734
- Occupied units1,719
- Vacant units15 plus or minus 24
- Vacancy rate0.9 percent plus or minus 1.4
- Owner occupied1,319
- Renter occupied400 plus or minus 128
- Ownership rate76.7 percent
- Median owner-occupied home value$271,000
- Median gross rent, monthly$979
- Annual rent as a share of median income10.8 percent plus or minus 3.5
- Single family units1,483
- Share single family85.5 percent
- Units in buildings of two or more251 plus or minus 98
- Share in buildings of two or more14.5 percent plus or minus 5.4
- Mobile homes0
- Median year structure built1977
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peotone
How Peotone gets to work
- Workers 16 and over who commute2,149
- Commuting under 15 minutes428 plus or minus 167
- Share commuting under 15 minutes19.9 percent plus or minus 7.2
- Commuting 30 minutes or more916 plus or minus 196
- Share commuting 30 minutes or more42.6 percent
- Drove alone75.2 percent
- Carpooled9.6 percent plus or minus 8.6
- Public transport1.3 percent plus or minus 1.7
- Walked1.1 percent plus or minus 1.2
- Worked from home12.6 percent plus or minus 5.7
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Peotone
SBA 7(a) lending to Peotone borrowers
- Approvals1
- Gross approval$60,000
- Average approval$60,000
- Median approval$60,000
- Ninetieth percentile approval$60,000
- Largest approval$60,000
- Jobs supported4
- Jobs per approval4.0
- Loans with a final outcome0
- Paid in full0
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more0.0 percent
- Share to franchises0.0 percent
- Distinct lenders1
- Distinct industries by NAICS1
A charge-off rate is not published here. only 0 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Peotone
SBA 504 lending to Peotone borrowers
- Approvals2
- Gross approval$7,284,000
- Average approval$3,642,000
- Median approval$3,757,000
- Largest approval$3,757,000
- Jobs supported45
- Loans with a final outcome0
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Peotone
Flood programme status in Peotone
- Listed NFIP communities1
- Of those, participating1
- NFIP community number170709
- Currently effective map date02/15/19(M)
This community carries no Community Rating System class, so no CRS premium discount applies to it.
FEMA, National Flood Insurance Program Community Status Book, Community Status Book, as retrieved.
Will County, not Peotone
Will County context, not Peotone figures
These are Will County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Peotone measurements.
- Establishments in Will County17,085
- Employment at those establishments, Will County267,545
- Covered employment, Will County263,673
- Average annual pay, Will County$60,570
- Average weekly wage, Will County$1,165
- Housing units permitted, Will County2,002
- Of those, single family, Will County1,464
- County product, 2024, Will County$50,332,938,000
- County product change over the prior year, Will County3.9 percent
- Average income of an arriving household, Will County$80,186
Every figure in this section is published for Will County as a whole and is not a measurement of Peotone. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Peotone questions, answered from the record.
How many people live in Peotone, Illinois?
4,587, in 1,719 households. Peotone village covers 2.02 square miles of land, which is 2,276 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Peotone in?
Will County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Peotone?
$108,523. The median owner-occupied home is valued at $271,000. Median gross rent is $979 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Peotone businesses?
1 7(a) approvals totalling $60,000, across 1 lenders, median approval $60,000, plus 2 504 approvals worth $7.3 m. These count approvals to borrowers whose address is in Peotone, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Peotone borrowers get paid back?
No rate is published for Peotone. only 0 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Is Peotone in the National Flood Insurance Program?
Yes. Peotone appears in the FEMA Community Status Book as community 170709, with no Community Rating System class, so no CRS discount applies. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Peotone figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Will County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Peotone.
Is zoning published for Peotone?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.