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Illinois · Census place 50920

Mount Clare village, IL

Quick answer

Mount Clare village has 322 residents, ranking #1068 of 1462 places in Illinois. Median household income is $66,125, the median home is worth $111,100 and median gross rent runs $569 a month.

Population
322Mount Clare village residents
Median household income
$66,125Past 12 months, inflation adjusted
Median home value
$111,100Owner-occupied units
Median gross rent
$569Rent plus utilities, monthly
Median age
56.7 yrsAll residents
Homeownership rate
75.2%Owner-occupied households

What the numbers mean in Mount Clare village

Housing cost measured against local earnings.

A household earning the Mount Clare village median would spend about 10.3% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.2% of residents and 75.2% 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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