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ZipNumbers

Illinois · Census place 69368

Sherrard village, IL

Quick answer

Sherrard village has 705 residents, ranking #825 of 1462 places in Illinois. Median household income is $86,932, the median home is worth $130,400 and median gross rent runs $813 a month.

Population
705Sherrard village residents
Median household income
$86,932Past 12 months, inflation adjusted
Median home value
$130,400Owner-occupied units
Median gross rent
$813Rent plus utilities, monthly
Median age
44.6 yrsAll residents
Homeownership rate
86.9%Owner-occupied households

What the numbers mean in Sherrard village

Housing cost measured against local earnings.

A household earning the Sherrard village median would spend about 11.2% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 7.5% of residents and 86.9% 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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