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ZipNumbers

Illinois · Census place 50647

Morton Grove village, IL

Quick answer

Morton Grove village has 24,687 residents, ranking #88 of 1462 places in Illinois. Median household income is $106,078, the median home is worth $377,000 and median gross rent runs $2,210 a month.

Population
24,687Morton Grove village residents
Median household income
$106,078Past 12 months, inflation adjusted
Median home value
$377,000Owner-occupied units
Median gross rent
$2,210Rent plus utilities, monthly
Median age
44.3 yrsAll residents
Homeownership rate
84.5%Owner-occupied households

What the numbers mean in Morton Grove village

Housing cost measured against local earnings.

A household earning the Morton Grove village median would spend about 25% 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 3.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.7% of residents and 84.5% 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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