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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