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ZipNumbers

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

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