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ZipNumbers

Illinois · Census place 45031

Loves Park city, IL

Quick answer

Loves Park city has 23,185 residents, ranking #102 of 1462 places in Illinois. Median household income is $58,633, the median home is worth $144,900 and median gross rent runs $1,102 a month.

Population
23,185Loves Park city residents
Median household income
$58,633Past 12 months, inflation adjusted
Median home value
$144,900Owner-occupied units
Median gross rent
$1,102Rent plus utilities, monthly
Median age
36.8 yrsAll residents
Homeownership rate
62.4%Owner-occupied households

What the numbers mean in Loves Park city

Housing cost measured against local earnings.

A household earning the Loves Park city median would spend about 22.6% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15% of residents and 62.4% 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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