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
Compare with nearby places
Places of similar size in Illinois.
- Freeport city 23,636
- Blue Island city 23,416
- Lisle village 23,413
- Maywood village 23,173
- Machesney Park village 22,744
- Roselle village 22,731
- East Peoria city 22,485
Keep going
More Illinois coverage.