Illinois · Census place 40559
Lacon city, IL
Quick answer
Lacon city has 1,768 residents, ranking #533 of 1462 places in Illinois. Median household income is $60,750, the median home is worth $111,700 and median gross rent runs $811 a month.
- Population
- 1,768Lacon city residents
- Median household income
- $60,750Past 12 months, inflation adjusted
- Median home value
- $111,700Owner-occupied units
- Median gross rent
- $811Rent plus utilities, monthly
- Median age
- 41.4 yrsAll residents
- Homeownership rate
- 73.4%Owner-occupied households
What the numbers mean in Lacon city
Housing cost measured against local earnings.
A household earning the Lacon city median would spend about 16% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.3% of residents and 73.4% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Prophetstown city 1,828
- Bridgeport city 1,819
- Forest Lake CDP 1,797
- Hodgkins village 1,766
- Maroa city 1,751
- Lake Camelot CDP 1,744
- Girard city 1,740
Keep going
More Illinois coverage.