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ZipNumbers

Illinois · Census place 44927

Louisville village, IL

Quick answer

Louisville village has 1,288 residents, ranking #625 of 1462 places in Illinois. Median household income is $44,318, the median home is worth $86,300 and median gross rent runs $629 a month.

Population
1,288Louisville village residents
Median household income
$44,318Past 12 months, inflation adjusted
Median home value
$86,300Owner-occupied units
Median gross rent
$629Rent plus utilities, monthly
Median age
38.6 yrsAll residents
Homeownership rate
65%Owner-occupied households

What the numbers mean in Louisville village

Housing cost measured against local earnings.

A household earning the Louisville village median would spend about 17% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 28.6% of residents and 65% 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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