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ZipNumbers

Illinois · Census place 59572

Phoenix village, IL

Quick answer

Phoenix village has 1,284 residents, ranking #626 of 1462 places in Illinois. Median household income is $25,703, the median home is worth $86,300 and median gross rent runs $1,010 a month.

Population
1,284Phoenix village residents
Median household income
$25,703Past 12 months, inflation adjusted
Median home value
$86,300Owner-occupied units
Median gross rent
$1,010Rent plus utilities, monthly
Median age
47.5 yrsAll residents
Homeownership rate
62.5%Owner-occupied households

What the numbers mean in Phoenix village

Housing cost measured against local earnings.

A household earning the Phoenix village median would spend about 47.2% 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 3.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 23.8% of residents and 62.5% 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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