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ZipNumbers

Illinois · Census place 05404

Berkeley village, IL

Quick answer

Berkeley village has 5,222 residents, ranking #329 of 1462 places in Illinois. Median household income is $83,224, the median home is worth $222,400 and median gross rent runs $1,292 a month.

Population
5,222Berkeley village residents
Median household income
$83,224Past 12 months, inflation adjusted
Median home value
$222,400Owner-occupied units
Median gross rent
$1,292Rent plus utilities, monthly
Median age
37.1 yrsAll residents
Homeownership rate
84%Owner-occupied households

What the numbers mean in Berkeley village

Housing cost measured against local earnings.

A household earning the Berkeley village median would spend about 18.6% 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 2.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.6% of residents and 84% 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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