Illinois · Census place 12268
Cerro Gordo village, IL
Quick answer
Cerro Gordo village has 1,426 residents, ranking #600 of 1462 places in Illinois. Median household income is $69,118, the median home is worth $108,000 and median gross rent runs $875 a month.
- Population
- 1,426Cerro Gordo village residents
- Median household income
- $69,118Past 12 months, inflation adjusted
- Median home value
- $108,000Owner-occupied units
- Median gross rent
- $875Rent plus utilities, monthly
- Median age
- 33.7 yrsAll residents
- Homeownership rate
- 78.2%Owner-occupied households
What the numbers mean in Cerro Gordo village
Housing cost measured against local earnings.
A household earning the Cerro Gordo village median would spend about 15.2% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.3% of residents and 78.2% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Lily Lake village 1,432
- Albers village 1,428
- East Dubuque city 1,427
- Mazon village 1,424
- Waterman village 1,419
- Arbury Hills CDP 1,408
- Walnut village 1,402
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