Illinois · Census place 29145
Gifford village, IL
Quick answer
Gifford village has 816 residents, ranking #757 of 1462 places in Illinois. Median household income is $76,875, the median home is worth $170,500 and median gross rent runs $742 a month.
- Population
- 816Gifford village residents
- Median household income
- $76,875Past 12 months, inflation adjusted
- Median home value
- $170,500Owner-occupied units
- Median gross rent
- $742Rent plus utilities, monthly
- Median age
- 52.6 yrsAll residents
- Homeownership rate
- 93.1%Owner-occupied households
What the numbers mean in Gifford village
Housing cost measured against local earnings.
A household earning the Gifford village median would spend about 11.6% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.4% of residents and 93.1% 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.
- Roseville village 830
- Stewardson village 830
- Sunnyland CDP 829
- Brooklyn village 811
- Alpha village 801
- Pearl City village 798
- Newman city 796
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More Illinois coverage.