Illinois · Census place 62783
Rantoul village, IL
Quick answer
Rantoul village has 12,515 residents, ranking #191 of 1462 places in Illinois. Median household income is $49,821, the median home is worth $109,200 and median gross rent runs $899 a month.
- Population
- 12,515Rantoul village residents
- Median household income
- $49,821Past 12 months, inflation adjusted
- Median home value
- $109,200Owner-occupied units
- Median gross rent
- $899Rent plus utilities, monthly
- Median age
- 35 yrsAll residents
- Homeownership rate
- 49.6%Owner-occupied households
What the numbers mean in Rantoul village
Housing cost measured against local earnings.
A household earning the Rantoul village median would spend about 21.7% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 18.7% of residents and 49.6% 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.
- Minooka village 12,632
- Richton Park village 12,576
- Northlake city 12,547
- Winnetka village 12,508
- Justice village 12,372
- Kewanee city 12,280
- Streator city 12,274
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