Illinois · Census place 42938
Lerna village, IL
Quick answer
Lerna village has 220 residents, ranking #1178 of 1462 places in Illinois. Median household income is $48,750, the median home is worth $80,800 and median gross rent runs $800 a month.
- Population
- 220Lerna village residents
- Median household income
- $48,750Past 12 months, inflation adjusted
- Median home value
- $80,800Owner-occupied units
- Median gross rent
- $800Rent plus utilities, monthly
- Median age
- 30.3 yrsAll residents
- Homeownership rate
- 71.4%Owner-occupied households
What the numbers mean in Lerna village
Housing cost measured against local earnings.
A household earning the Lerna village median would spend about 19.7% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17% of residents and 71.4% 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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