Skip to content
ZipNumbers

Illinois · Census place 27026

Forrest village, IL

Quick answer

Forrest village has 1,008 residents, ranking #695 of 1462 places in Illinois. Median household income is $70,417, the median home is worth $104,000 and median gross rent runs $663 a month.

Population
1,008Forrest village residents
Median household income
$70,417Past 12 months, inflation adjusted
Median home value
$104,000Owner-occupied units
Median gross rent
$663Rent plus utilities, monthly
Median age
32.6 yrsAll residents
Homeownership rate
79.8%Owner-occupied households

What the numbers mean in Forrest village

Housing cost measured against local earnings.

A household earning the Forrest village median would spend about 11.3% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.7% of residents and 79.8% 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.

More Illinois coverage.