Illinois · Census place 73943
Sun River Terrace village, IL
Quick answer
Sun River Terrace village has 637 residents, ranking #849 of 1462 places in Illinois. Median household income is $43,393, the median home is worth $107,100 and median gross rent runs $1,058 a month.
- Population
- 637Sun River Terrace village residents
- Median household income
- $43,393Past 12 months, inflation adjusted
- Median home value
- $107,100Owner-occupied units
- Median gross rent
- $1,058Rent plus utilities, monthly
- Median age
- 33.3 yrsAll residents
- Homeownership rate
- 45.5%Owner-occupied households
What the numbers mean in Sun River Terrace village
Housing cost measured against local earnings.
A household earning the Sun River Terrace village median would spend about 29.3% 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 2.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 36.5% of residents and 45.5% 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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