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ZipNumbers

Illinois · Census place 03571

Banner village, IL

Quick answer

Banner village has 148 residents, ranking #1276 of 1462 places in Illinois. Median household income is $36,250, the median home is worth $90,000 and median gross rent runs $708 a month.

Population
148Banner village residents
Median household income
$36,250Past 12 months, inflation adjusted
Median home value
$90,000Owner-occupied units
Median gross rent
$708Rent plus utilities, monthly
Median age
52.6 yrsAll residents
Homeownership rate
76.2%Owner-occupied households

What the numbers mean in Banner village

Housing cost measured against local earnings.

A household earning the Banner village median would spend about 23.4% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 37.8% of residents and 76.2% 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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