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ZipNumbers

Illinois · Census place 44446

London Mills village, IL

Quick answer

London Mills village has 356 residents, ranking #1039 of 1462 places in Illinois. Median household income is $52,656, the median home is worth $54,800 and median gross rent runs $1,013 a month.

Population
356London Mills village residents
Median household income
$52,656Past 12 months, inflation adjusted
Median home value
$54,800Owner-occupied units
Median gross rent
$1,013Rent plus utilities, monthly
Median age
40.8 yrsAll residents
Homeownership rate
77.6%Owner-occupied households

What the numbers mean in London Mills village

Housing cost measured against local earnings.

A household earning the London Mills village median would spend about 23.1% 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 1.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 21.1% of residents and 77.6% 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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