Illinois · Census place 23165
Elizabeth village, IL
Quick answer
Elizabeth village has 764 residents, ranking #786 of 1462 places in Illinois. Median household income is $47,500, the median home is worth $115,500 and median gross rent runs $741 a month.
- Population
- 764Elizabeth village residents
- Median household income
- $47,500Past 12 months, inflation adjusted
- Median home value
- $115,500Owner-occupied units
- Median gross rent
- $741Rent plus utilities, monthly
- Median age
- 48 yrsAll residents
- Homeownership rate
- 64.5%Owner-occupied households
What the numbers mean in Elizabeth village
Housing cost measured against local earnings.
A household earning the Elizabeth village median would spend about 18.7% 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 2.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.8% of residents and 64.5% 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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