Peotone is located in northeast Illinois. Peotone is between the Will, Kankakee county. Peotone has 1.87 square miles of land area and 0.00 square miles of water area. As of 2010-2014, the total Peotone population is 4,122, which has grown 21.77% since 2000. The population growth rate is much higher than the state average rate of 3.62% and is much higher than the national average rate of 11.61%. Peotone median household income is $75,960 in 2010-2014 and has grown by 34.67% since 2000. The income growth rate is much higher than the state average rate of 22.70% and is higher than the national average rate of 27.36%. Peotone median house value is $184,800 in 2010-2014 and has grown by 24.36% since 2000. The house value growth rate is lower than the state average rate of 34.33% and is much lower than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Peotone is better than the state average in quality. The Peotone area code is 708.