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ZipNumbers

Illinois · Census place 07224

Bone Gap village, IL

Quick answer

Bone Gap village has 187 residents, ranking #1222 of 1462 places in Illinois. Median household income is $44,167, the median home is worth $67,000 and median gross rent runs $481 a month.

Population
187Bone Gap village residents
Median household income
$44,167Past 12 months, inflation adjusted
Median home value
$67,000Owner-occupied units
Median gross rent
$481Rent plus utilities, monthly
Median age
40.7 yrsAll residents
Homeownership rate
83.3%Owner-occupied households

What the numbers mean in Bone Gap village

Housing cost measured against local earnings.

A household earning the Bone Gap village median would spend about 13.1% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 25.1% of residents and 83.3% 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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