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Illinois · Census place 02342

Arrowsmith village, IL

Quick answer

Arrowsmith village has 381 residents, ranking #1009 of 1462 places in Illinois. Median household income is $85,592, the median home is worth $101,200 and median gross rent runs $1,042 a month.

Population
381Arrowsmith village residents
Median household income
$85,592Past 12 months, inflation adjusted
Median home value
$101,200Owner-occupied units
Median gross rent
$1,042Rent plus utilities, monthly
Median age
34.7 yrsAll residents
Homeownership rate
85.3%Owner-occupied households

What the numbers mean in Arrowsmith village

Housing cost measured against local earnings.

A household earning the Arrowsmith village median would spend about 14.6% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 40.3% of residents and 85.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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