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ZipNumbers

Illinois · Census place 25414

Farmer City city, IL

Quick answer

Farmer City city has 2,001 residents, ranking #505 of 1462 places in Illinois. Median household income is $73,147, the median home is worth $128,900 and median gross rent runs $500 a month.

Population
2,001Farmer City city residents
Median household income
$73,147Past 12 months, inflation adjusted
Median home value
$128,900Owner-occupied units
Median gross rent
$500Rent plus utilities, monthly
Median age
40.9 yrsAll residents
Homeownership rate
85.3%Owner-occupied households

What the numbers mean in Farmer City city

Housing cost measured against local earnings.

A household earning the Farmer City city median would spend about 8.2% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.1% of residents and 85.3% 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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