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Illinois · Census place 23022

Eldred village, IL

Quick answer

Eldred village has 184 residents, ranking #1233 of 1462 places in Illinois. Median household income is $67,500, the median home is worth $82,800 and median gross rent runs $542 a month.

Population
184Eldred village residents
Median household income
$67,500Past 12 months, inflation adjusted
Median home value
$82,800Owner-occupied units
Median gross rent
$542Rent plus utilities, monthly
Median age
51.7 yrsAll residents
Homeownership rate
84.4%Owner-occupied households

What the numbers mean in Eldred village

Housing cost measured against local earnings.

A household earning the Eldred village median would spend about 9.6% 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 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.1% of residents and 84.4% 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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