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ZipNumbers

Illinois · Census place 52714

New Minden village, IL

Quick answer

New Minden village has 227 residents, ranking #1171 of 1462 places in Illinois. Median household income is $83,750, the median home is worth $107,100 and median gross rent runs $775 a month.

Population
227New Minden village residents
Median household income
$83,750Past 12 months, inflation adjusted
Median home value
$107,100Owner-occupied units
Median gross rent
$775Rent plus utilities, monthly
Median age
35.1 yrsAll residents
Homeownership rate
92.3%Owner-occupied households

What the numbers mean in New Minden village

Housing cost measured against local earnings.

A household earning the New Minden village median would spend about 11.1% 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 1.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 9% of residents and 92.3% 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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