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ZipNumbers

Illinois · Census place 59052

Peotone village, IL

Quick answer

Peotone village has 4,462 residents, ranking #352 of 1462 places in Illinois. Median household income is $104,792, the median home is worth $261,400 and median gross rent runs $1,102 a month.

Population
4,462Peotone village residents
Median household income
$104,792Past 12 months, inflation adjusted
Median home value
$261,400Owner-occupied units
Median gross rent
$1,102Rent plus utilities, monthly
Median age
39.1 yrsAll residents
Homeownership rate
70.8%Owner-occupied households

What the numbers mean in Peotone village

Housing cost measured against local earnings.

A household earning the Peotone village median would spend about 12.6% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 3.3% of residents and 70.8% 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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