Illinois · Census place 73547
Summerfield village, IL
Quick answer
Summerfield village has 358 residents, ranking #1034 of 1462 places in Illinois. Median household income is $58,661, the median home is worth $84,100 and median gross rent runs $815 a month.
- Population
- 358Summerfield village residents
- Median household income
- $58,661Past 12 months, inflation adjusted
- Median home value
- $84,100Owner-occupied units
- Median gross rent
- $815Rent plus utilities, monthly
- Median age
- 45.8 yrsAll residents
- Homeownership rate
- 79.9%Owner-occupied households
What the numbers mean in Summerfield village
Housing cost measured against local earnings.
A household earning the Summerfield village median would spend about 16.7% 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 1.4× the median household income; nationally that ratio sits near 4.5×. Poverty affects 16.5% of residents and 79.9% 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.
Keep going
More Illinois coverage.