Skip to content
ZipNumbers

Illinois · Census place 50062

Monroe Center village, IL

Quick answer

Monroe Center village has 415 residents, ranking #993 of 1462 places in Illinois. Median household income is $91,563, the median home is worth $148,000 and median gross rent runs $878 a month.

Population
415Monroe Center village residents
Median household income
$91,563Past 12 months, inflation adjusted
Median home value
$148,000Owner-occupied units
Median gross rent
$878Rent plus utilities, monthly
Median age
40.9 yrsAll residents
Homeownership rate
82.8%Owner-occupied households

What the numbers mean in Monroe Center village

Housing cost measured against local earnings.

A household earning the Monroe Center village median would spend about 11.5% 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 1.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2.9% of residents and 82.8% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

Compare with nearby places

Places of similar size in Illinois.

More Illinois coverage.