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ZipNumbers

Illinois · Census place 26935

Forest Park village, IL

Quick answer

Forest Park village has 14,000 residents, ranking #177 of 1462 places in Illinois. Median household income is $81,323, the median home is worth $293,800 and median gross rent runs $1,352 a month.

Population
14,000Forest Park village residents
Median household income
$81,323Past 12 months, inflation adjusted
Median home value
$293,800Owner-occupied units
Median gross rent
$1,352Rent plus utilities, monthly
Median age
40 yrsAll residents
Homeownership rate
53.6%Owner-occupied households

What the numbers mean in Forest Park village

Housing cost measured against local earnings.

A household earning the Forest Park village median would spend about 20% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.8% of residents and 53.6% 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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