Illinois · Census place 26753
Forest City village, IL
Quick answer
Forest City village has 225 residents, ranking #1174 of 1462 places in Illinois. Median household income is $63,125, the median home is worth $70,000 and median gross rent runs $920 a month.
- Population
- 225Forest City village residents
- Median household income
- $63,125Past 12 months, inflation adjusted
- Median home value
- $70,000Owner-occupied units
- Median gross rent
- $920Rent plus utilities, monthly
- Median age
- 38.6 yrsAll residents
- Homeownership rate
- 71%Owner-occupied households
What the numbers mean in Forest City village
Housing cost measured against local earnings.
A household earning the Forest City village median would spend about 17.5% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.4% of residents and 71% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- New Minden village 227
- Bardolph village 226
- Bath village 226
- Seaton village 224
- Compton village 222
- Kempton village 221
- Lerna village 220
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