Illinois · Census place 71604
Spring Bay village, IL
Quick answer
Spring Bay village has 519 residents, ranking #932 of 1462 places in Illinois. Median household income is $61,111, the median home is worth $134,900 and median gross rent runs $1,083 a month.
- Population
- 519Spring Bay village residents
- Median household income
- $61,111Past 12 months, inflation adjusted
- Median home value
- $134,900Owner-occupied units
- Median gross rent
- $1,083Rent plus utilities, monthly
- Median age
- 42.9 yrsAll residents
- Homeownership rate
- 64.9%Owner-occupied households
What the numbers mean in Spring Bay village
Housing cost measured against local earnings.
A household earning the Spring Bay village median would spend about 21.3% 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 2.2× the median household income; nationally that ratio sits near 4.5×. Poverty affects 17% of residents and 64.9% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Mark village 522
- Keithsburg city 520
- Altona village 519
- Pittsburg village 515
- Lenzburg village 513
- Strasburg village 513
- Plymouth village 512
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More Illinois coverage.