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Illinois · Census place 48424

Meredosia village, IL

Quick answer

Meredosia village has 937 residents, ranking #726 of 1462 places in Illinois. Median household income is $57,500, the median home is worth $63,000 and median gross rent runs $691 a month.

Population
937Meredosia village residents
Median household income
$57,500Past 12 months, inflation adjusted
Median home value
$63,000Owner-occupied units
Median gross rent
$691Rent plus utilities, monthly
Median age
43.1 yrsAll residents
Homeownership rate
71.5%Owner-occupied households

What the numbers mean in Meredosia village

Housing cost measured against local earnings.

A household earning the Meredosia village median would spend about 14.4% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10% of residents and 71.5% 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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