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ZipNumbers

Illinois · Census place 57043

Owaneco village, IL

Quick answer

Owaneco village has 744 residents, ranking #801 of 1462 places in Illinois. Median household income is $66,875, the median home is worth $96,300 and median gross rent runs $835 a month.

Population
744Owaneco village residents
Median household income
$66,875Past 12 months, inflation adjusted
Median home value
$96,300Owner-occupied units
Median gross rent
$835Rent plus utilities, monthly
Median age
33.5 yrsAll residents
Homeownership rate
84.9%Owner-occupied households

What the numbers mean in Owaneco village

Housing cost measured against local earnings.

A household earning the Owaneco village median would spend about 15% 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 16.8% of residents and 84.9% 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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