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Illinois · Census place 56471

Oreana village, IL

Quick answer

Oreana village has 1,183 residents, ranking #647 of 1462 places in Illinois. Median household income is $93,194, the median home is worth $129,100 and median gross rent runs $921 a month.

Population
1,183Oreana village residents
Median household income
$93,194Past 12 months, inflation adjusted
Median home value
$129,100Owner-occupied units
Median gross rent
$921Rent plus utilities, monthly
Median age
37.6 yrsAll residents
Homeownership rate
89.7%Owner-occupied households

What the numbers mean in Oreana village

Housing cost measured against local earnings.

A household earning the Oreana village median would spend about 11.9% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 2% of residents and 89.7% 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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