Illinois · Census place 11982
Cedar Point village, IL
Quick answer
Cedar Point village has 218 residents, ranking #1183 of 1462 places in Illinois. Median household income is $59,028, the median home is worth $87,300 and median gross rent runs $950 a month.
- Population
- 218Cedar Point village residents
- Median household income
- $59,028Past 12 months, inflation adjusted
- Median home value
- $87,300Owner-occupied units
- Median gross rent
- $950Rent plus utilities, monthly
- Median age
- 35.9 yrsAll residents
- Homeownership rate
- 82.4%Owner-occupied households
What the numbers mean in Cedar Point village
Housing cost measured against local earnings.
A household earning the Cedar Point village median would spend about 19.3% 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 4.1% of residents and 82.4% 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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