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ZipNumbers

Illinois · Census place 41859

Lanark city, IL

Quick answer

Lanark city has 1,510 residents, ranking #583 of 1462 places in Illinois. Median household income is $66,250, the median home is worth $97,100 and median gross rent runs $781 a month.

Population
1,510Lanark city residents
Median household income
$66,250Past 12 months, inflation adjusted
Median home value
$97,100Owner-occupied units
Median gross rent
$781Rent plus utilities, monthly
Median age
36.9 yrsAll residents
Homeownership rate
81%Owner-occupied households

What the numbers mean in Lanark city

Housing cost measured against local earnings.

A household earning the Lanark city median would spend about 14.1% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.3% of residents and 81% 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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