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ZipNumbers

Illinois · Census place 51947

Nelson village, IL

Quick answer

Nelson village has 114 residents, ranking #1322 of 1462 places in Illinois. Median household income is $45,938, the median home is worth $71,300 and median gross rent runs $600 a month.

Population
114Nelson village residents
Median household income
$45,938Past 12 months, inflation adjusted
Median home value
$71,300Owner-occupied units
Median gross rent
$600Rent plus utilities, monthly
Median age
54 yrsAll residents
Homeownership rate
84.3%Owner-occupied households

What the numbers mean in Nelson village

Housing cost measured against local earnings.

A household earning the Nelson village median would spend about 15.7% 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 21.9% of residents and 84.3% 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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