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ZipNumbers

Illinois · Census place 34098

Hennepin village, IL

Quick answer

Hennepin village has 790 residents, ranking #767 of 1462 places in Illinois. Median household income is $78,594, the median home is worth $166,700 and median gross rent runs $836 a month.

Population
790Hennepin village residents
Median household income
$78,594Past 12 months, inflation adjusted
Median home value
$166,700Owner-occupied units
Median gross rent
$836Rent plus utilities, monthly
Median age
39.9 yrsAll residents
Homeownership rate
78%Owner-occupied households

What the numbers mean in Hennepin village

Housing cost measured against local earnings.

A household earning the Hennepin village median would spend about 12.8% 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 2.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.3% of residents and 78% 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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