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ZipNumbers

Illinois · Census place 70525

Sorento village, IL

Quick answer

Sorento village has 503 residents, ranking #941 of 1462 places in Illinois. Median household income is $48,333, the median home is worth $52,900 and median gross rent runs $617 a month.

Population
503Sorento village residents
Median household income
$48,333Past 12 months, inflation adjusted
Median home value
$52,900Owner-occupied units
Median gross rent
$617Rent plus utilities, monthly
Median age
41.5 yrsAll residents
Homeownership rate
88.7%Owner-occupied households

What the numbers mean in Sorento village

Housing cost measured against local earnings.

A household earning the Sorento village median would spend about 15.3% 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 1.1× the median household income; nationally that ratio sits near 4.5×. Poverty affects 19.1% of residents and 88.7% 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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