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ZipNumbers

Illinois · Census place 62588

Raleigh village, IL

Quick answer

Raleigh village has 238 residents, ranking #1156 of 1462 places in Illinois. Median household income is $52,083, the median home is worth $70,600 and median gross rent runs $675 a month.

Population
238Raleigh village residents
Median household income
$52,083Past 12 months, inflation adjusted
Median home value
$70,600Owner-occupied units
Median gross rent
$675Rent plus utilities, monthly
Median age
53.5 yrsAll residents
Homeownership rate
87.1%Owner-occupied households

What the numbers mean in Raleigh village

Housing cost measured against local earnings.

A household earning the Raleigh village median would spend about 15.6% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 13.9% of residents and 87.1% 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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