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ZipNumbers

Illinois · Census place 45421

Lynwood village, IL

Quick answer

Lynwood village has 9,047 residents, ranking #242 of 1462 places in Illinois. Median household income is $76,619, the median home is worth $213,700 and median gross rent runs $1,151 a month.

Population
9,047Lynwood village residents
Median household income
$76,619Past 12 months, inflation adjusted
Median home value
$213,700Owner-occupied units
Median gross rent
$1,151Rent plus utilities, monthly
Median age
39.5 yrsAll residents
Homeownership rate
81.4%Owner-occupied households

What the numbers mean in Lynwood village

Housing cost measured against local earnings.

A household earning the Lynwood village median would spend about 18% 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 2.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.9% of residents and 81.4% 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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