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ZipNumbers

Illinois · Census place 24374

Erie village, IL

Quick answer

Erie village has 1,658 residents, ranking #551 of 1462 places in Illinois. Median household income is $86,750, the median home is worth $147,300 and median gross rent runs $740 a month.

Population
1,658Erie village residents
Median household income
$86,750Past 12 months, inflation adjusted
Median home value
$147,300Owner-occupied units
Median gross rent
$740Rent plus utilities, monthly
Median age
42.3 yrsAll residents
Homeownership rate
71.6%Owner-occupied households

What the numbers mean in Erie village

Housing cost measured against local earnings.

A household earning the Erie village median would spend about 10.2% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6% of residents and 71.6% 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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