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ZipNumbers

Illinois · Census place 23256

Elk Grove Village village, IL

Quick answer

Elk Grove Village village has 32,132 residents, ranking #59 of 1462 places in Illinois. Median household income is $95,216, the median home is worth $334,400 and median gross rent runs $1,574 a month.

Population
32,132Elk Grove Village village residents
Median household income
$95,216Past 12 months, inflation adjusted
Median home value
$334,400Owner-occupied units
Median gross rent
$1,574Rent plus utilities, monthly
Median age
43.9 yrsAll residents
Homeownership rate
73.7%Owner-occupied households

What the numbers mean in Elk Grove Village village

Housing cost measured against local earnings.

A household earning the Elk Grove Village village median would spend about 19.8% 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 3.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.9% of residents and 73.7% 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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