Illinois · Census place 28742
Garrett village, IL
Quick answer
Garrett village has 92 residents, ranking #1351 of 1462 places in Illinois. Median household income is $68,214, the median home is worth $95,000 and median gross rent runs $770 a month.
- Population
- 92Garrett village residents
- Median household income
- $68,214Past 12 months, inflation adjusted
- Median home value
- $95,000Owner-occupied units
- Median gross rent
- $770Rent plus utilities, monthly
- Median age
- 51.5 yrsAll residents
- Homeownership rate
- 86.7%Owner-occupied households
What the numbers mean in Garrett village
Housing cost measured against local earnings.
A household earning the Garrett village median would spend about 13.5% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.2% of residents and 86.7% 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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