Illinois · Census place 72156
Spring Valley city, IL
Quick answer
Spring Valley city has 5,508 residents, ranking #320 of 1462 places in Illinois. Median household income is $63,964, the median home is worth $125,000 and median gross rent runs $1,022 a month.
- Population
- 5,508Spring Valley city residents
- Median household income
- $63,964Past 12 months, inflation adjusted
- Median home value
- $125,000Owner-occupied units
- Median gross rent
- $1,022Rent plus utilities, monthly
- Median age
- 42.5 yrsAll residents
- Homeownership rate
- 63%Owner-occupied households
What the numbers mean in Spring Valley city
Housing cost measured against local earnings.
A household earning the Spring Valley city median would spend about 19.2% 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 2.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 10.5% of residents and 63% 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.
- Genoa city 5,685
- Northfield village 5,683
- Carlinville city 5,574
- Wilmington city 5,507
- Candlewick Lake CDP 5,459
- Lake Holiday CDP 5,402
- Lake Barrington village 5,400
Keep going
More Illinois coverage.