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ZipNumbers

Illinois · Census place 07510

Bowen village, IL

Quick answer

Bowen village has 710 residents, ranking #821 of 1462 places in Illinois. Median household income is $70,263, the median home is worth $74,400 and median gross rent runs $539 a month.

Population
710Bowen village residents
Median household income
$70,263Past 12 months, inflation adjusted
Median home value
$74,400Owner-occupied units
Median gross rent
$539Rent plus utilities, monthly
Median age
28.8 yrsAll residents
Homeownership rate
85.6%Owner-occupied households

What the numbers mean in Bowen village

Housing cost measured against local earnings.

A household earning the Bowen village median would spend about 9.2% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 85.6% 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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