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ZipNumbers

Illinois · Census place 73638

Summit village, IL

Quick answer

Summit village has 10,896 residents, ranking #210 of 1462 places in Illinois. Median household income is $60,417, the median home is worth $224,800 and median gross rent runs $1,012 a month.

Population
10,896Summit village residents
Median household income
$60,417Past 12 months, inflation adjusted
Median home value
$224,800Owner-occupied units
Median gross rent
$1,012Rent plus utilities, monthly
Median age
38.5 yrsAll residents
Homeownership rate
61.6%Owner-occupied households

What the numbers mean in Summit village

Housing cost measured against local earnings.

A household earning the Summit village median would spend about 20.1% 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 3.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12% of residents and 61.6% 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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