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Illinois · Census place 34332

Herrick village, IL

Quick answer

Herrick village has 405 residents, ranking #1000 of 1462 places in Illinois. Median household income is $58,750, the median home is worth $70,800 and median gross rent runs $1,063 a month.

Population
405Herrick village residents
Median household income
$58,750Past 12 months, inflation adjusted
Median home value
$70,800Owner-occupied units
Median gross rent
$1,063Rent plus utilities, monthly
Median age
33.8 yrsAll residents
Homeownership rate
85.8%Owner-occupied households

What the numbers mean in Herrick village

Housing cost measured against local earnings.

A household earning the Herrick village median would spend about 21.7% 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 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.6% of residents and 85.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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