Ilion is a somewhat small village located in the state of New York. With a population of 7,559 people and two associated neighborhoods, Ilion is the 224th largest community in New York. Ilion has a large stock of pre-World War II architecture, making it one of the older and more historic villages in the country.

One interesting thing about the economy is that relatively large numbers of people worked from their home: 7.81% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.

The education level of Ilion citizens is a little higher than the average for US cities and towns: 22.77% of adults in Ilion have at least a bachelor's degree.

The per capita income in Ilion in 2022 was $37,762, which is lower middle income relative to New York, and middle income relative to the rest of the US. This equates to an annual income of $151,048 for a family of four. However, Ilion contains both very wealthy and poor people as well.

Ilion is a somewhat ethnically-diverse village. The people who call Ilion home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Ilion residents report their race to be White, followed by Native Hawaiian. Important ancestries of people in Ilion include Irish, English, Italian, German, and French.

The most common language spoken in Ilion is English. Other important languages spoken here include Italian and Arabic.