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ZipNumbers

Illinois · Census place 69563

Shipman town, IL

Quick answer

Shipman town has 667 residents, ranking #840 of 1462 places in Illinois. Median household income is $62,500, the median home is worth $92,500 and median gross rent runs $788 a month.

Population
667Shipman town residents
Median household income
$62,500Past 12 months, inflation adjusted
Median home value
$92,500Owner-occupied units
Median gross rent
$788Rent plus utilities, monthly
Median age
30.8 yrsAll residents
Homeownership rate
81.9%Owner-occupied households

What the numbers mean in Shipman town

Housing cost measured against local earnings.

A household earning the Shipman town median would spend about 15.1% 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 12.1% of residents and 81.9% 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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