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ZipNumbers

Illinois · Census place 68991

Shannon village, IL

Quick answer

Shannon village has 772 residents, ranking #778 of 1462 places in Illinois. Median household income is $59,375, the median home is worth $114,100 and median gross rent runs $675 a month.

Population
772Shannon village residents
Median household income
$59,375Past 12 months, inflation adjusted
Median home value
$114,100Owner-occupied units
Median gross rent
$675Rent plus utilities, monthly
Median age
49.1 yrsAll residents
Homeownership rate
87.4%Owner-occupied households

What the numbers mean in Shannon village

Housing cost measured against local earnings.

A household earning the Shannon village median would spend about 13.6% 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 1.9× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.8% of residents and 87.4% 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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