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Illinois · Census place 57277

Palestine village, IL

Quick answer

Palestine village has 1,396 residents, ranking #606 of 1462 places in Illinois. Median household income is $60,000, the median home is worth $75,800 and median gross rent runs $755 a month.

Population
1,396Palestine village residents
Median household income
$60,000Past 12 months, inflation adjusted
Median home value
$75,800Owner-occupied units
Median gross rent
$755Rent plus utilities, monthly
Median age
47.6 yrsAll residents
Homeownership rate
80.7%Owner-occupied households

What the numbers mean in Palestine village

Housing cost measured against local earnings.

A household earning the Palestine village median would spend about 15.1% 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 10.7% of residents and 80.7% 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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