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ZipNumbers

Illinois · Census place 35879

Homewood village, IL

Quick answer

Homewood village has 19,471 residents, ranking #126 of 1462 places in Illinois. Median household income is $96,522, the median home is worth $210,500 and median gross rent runs $1,422 a month.

Population
19,471Homewood village residents
Median household income
$96,522Past 12 months, inflation adjusted
Median home value
$210,500Owner-occupied units
Median gross rent
$1,422Rent plus utilities, monthly
Median age
39.8 yrsAll residents
Homeownership rate
79.4%Owner-occupied households

What the numbers mean in Homewood village

Housing cost measured against local earnings.

A household earning the Homewood village median would spend about 17.7% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9.4% of residents and 79.4% 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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