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Illinois · Census place 71474

Spaulding village, IL

Quick answer

Spaulding village has 916 residents, ranking #728 of 1462 places in Illinois. Median household income is $104,205, the median home is worth $212,500 and median gross rent runs $692 a month.

Population
916Spaulding village residents
Median household income
$104,205Past 12 months, inflation adjusted
Median home value
$212,500Owner-occupied units
Median gross rent
$692Rent plus utilities, monthly
Median age
52.5 yrsAll residents
Homeownership rate
93.2%Owner-occupied households

What the numbers mean in Spaulding village

Housing cost measured against local earnings.

A household earning the Spaulding village median would spend about 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 3.9% of residents and 93.2% 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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