Godley, IL population, income and ZIP codes

Godley village is a very small community in Illinois, with 538 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #921 of 1,462 ranked by population — larger than 37% of them. The median age here is 48.8 years against 39.1 nationally, a markedly older profile that usually tracks retirees staying put and younger households leaving for work. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Godley village earn a median of $54,583 a year, 30.5% below the national figure of $78,538 and 26% below the $74,244 median for the 698 Illinois cities we cover. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 15.6% of residents here, above the 12.4% national rate.

The typical owner-occupied home in Godley village is valued at $142,000, 53.2% below the national figure and 21% below the $179,100 peer median, while median gross rent runs $1,393 a month, essentially level with the national figure, or roughly $16,716 across a full year. A household on the local median income would put about 30.6% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 2.6×, against roughly 3.9× nationally, so buying is easier here than in the average US market. 75.5% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. The rent line includes utilities paid by the tenant, a definition worth remembering when comparing it against a landlord's quoted rate.

Godley village is the unusual combination of expensive to rent and cheap to buy: rent takes 30.6% of median income while homes cost only 2.6× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price. With 538 residents, a handful of survey responses moves every median on this page. Compare Godley village against its county rather than against national figures.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.