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ZipNumbers

Illinois · Census place 69342

Sherman village, IL

Quick answer

Sherman village has 4,211 residents, ranking #365 of 1462 places in Illinois. Median household income is $147,025, the median home is worth $291,300 and median gross rent runs $1,565 a month.

Population
4,211Sherman village residents
Median household income
$147,025Past 12 months, inflation adjusted
Median home value
$291,300Owner-occupied units
Median gross rent
$1,565Rent plus utilities, monthly
Median age
44.4 yrsAll residents
Homeownership rate
89.9%Owner-occupied households

What the numbers mean in Sherman village

Housing cost measured against local earnings.

A household earning the Sherman village median would spend about 12.8% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 0.4% of residents and 89.9% 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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