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ZipNumbers

Illinois · Census place 10643

Cambridge village, IL

Quick answer

Cambridge village has 2,184 residents, ranking #488 of 1462 places in Illinois. Median household income is $72,292, the median home is worth $120,400 and median gross rent runs $1,039 a month.

Population
2,184Cambridge village residents
Median household income
$72,292Past 12 months, inflation adjusted
Median home value
$120,400Owner-occupied units
Median gross rent
$1,039Rent plus utilities, monthly
Median age
35.6 yrsAll residents
Homeownership rate
88.4%Owner-occupied households

What the numbers mean in Cambridge village

Housing cost measured against local earnings.

A household earning the Cambridge village median would spend about 17.2% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.4% of residents and 88.4% 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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