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ZipNumbers

Illinois · Census place 49568

Minonk city, IL

Quick answer

Minonk city has 1,909 residents, ranking #522 of 1462 places in Illinois. Median household income is $62,000, the median home is worth $120,600 and median gross rent runs $977 a month.

Population
1,909Minonk city residents
Median household income
$62,000Past 12 months, inflation adjusted
Median home value
$120,600Owner-occupied units
Median gross rent
$977Rent plus utilities, monthly
Median age
41.9 yrsAll residents
Homeownership rate
69.8%Owner-occupied households

What the numbers mean in Minonk city

Housing cost measured against local earnings.

A household earning the Minonk city median would spend about 18.9% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.4% 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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