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ZipNumbers

Illinois · Census place 51882

Nebo village, IL

Quick answer

Nebo village has 324 residents, ranking #1064 of 1462 places in Illinois. Median household income is $45,000, the median home is worth $42,500 and median gross rent runs $1,025 a month.

Population
324Nebo village residents
Median household income
$45,000Past 12 months, inflation adjusted
Median home value
$42,500Owner-occupied units
Median gross rent
$1,025Rent plus utilities, monthly
Median age
39.2 yrsAll residents
Homeownership rate
90.8%Owner-occupied households

What the numbers mean in Nebo village

Housing cost measured against local earnings.

A household earning the Nebo village median would spend about 27.3% 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 0.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.8% of residents and 90.8% 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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