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
Compare with nearby places
Places of similar size in Illinois.
- Cortland town 4,556
- Stone Park village 4,504
- Fox River Grove village 4,501
- Lebanon city 4,431
- Pittsfield city 4,422
- Breese city 4,373
- Auburn city 4,357
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More Illinois coverage.