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Illinois · Census place 48554

Merrionette Park village, IL

Quick answer

Merrionette Park village has 2,144 residents, ranking #495 of 1462 places in Illinois. Median household income is $53,623, the median home is worth $152,600 and median gross rent runs $1,197 a month.

Population
2,144Merrionette Park village residents
Median household income
$53,623Past 12 months, inflation adjusted
Median home value
$152,600Owner-occupied units
Median gross rent
$1,197Rent plus utilities, monthly
Median age
38.8 yrsAll residents
Homeownership rate
78.7%Owner-occupied households

What the numbers mean in Merrionette Park village

Housing cost measured against local earnings.

A household earning the Merrionette Park village median would spend about 26.8% 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 7.9% of residents and 78.7% 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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