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ZipNumbers

Illinois · Census place 45044

Lovington village, IL

Quick answer

Lovington village has 1,120 residents, ranking #668 of 1462 places in Illinois. Median household income is $54,394, the median home is worth $90,400 and median gross rent runs $748 a month.

Population
1,120Lovington village residents
Median household income
$54,394Past 12 months, inflation adjusted
Median home value
$90,400Owner-occupied units
Median gross rent
$748Rent plus utilities, monthly
Median age
40.3 yrsAll residents
Homeownership rate
69.8%Owner-occupied households

What the numbers mean in Lovington village

Housing cost measured against local earnings.

A household earning the Lovington village median would spend about 16.5% 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 13.9% of residents and 69.8% 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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