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Illinois · Census place 46331

Manchester village, IL

Quick answer

Manchester village has 187 residents, ranking #1224 of 1462 places in Illinois. Median household income is $73,250, the median home is worth $85,000 and median gross rent runs $500 a month.

Population
187Manchester village residents
Median household income
$73,250Past 12 months, inflation adjusted
Median home value
$85,000Owner-occupied units
Median gross rent
$500Rent plus utilities, monthly
Median age
53.1 yrsAll residents
Homeownership rate
95.1%Owner-occupied households

What the numbers mean in Manchester village

Housing cost measured against local earnings.

A household earning the Manchester village median would spend about 8.2% 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 1.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.8% of residents and 95.1% 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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