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Illinois · Census place 55639

Old Mill Creek village, IL

Quick answer

Old Mill Creek village has 131 residents, ranking #1308 of 1462 places in Illinois. Median household income is $71,875, the median home is worth $525,000 and median gross rent runs $1,596 a month.

Population
131Old Mill Creek village residents
Median household income
$71,875Past 12 months, inflation adjusted
Median home value
$525,000Owner-occupied units
Median gross rent
$1,596Rent plus utilities, monthly
Median age
42.9 yrsAll residents
Homeownership rate
40%Owner-occupied households

What the numbers mean in Old Mill Creek village

Housing cost measured against local earnings.

A household earning the Old Mill Creek village median would spend about 26.6% 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 7.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.1% of residents and 40% 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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