Illinois · Census place 74860
Thayer village, IL
Quick answer
Thayer village has 638 residents, ranking #848 of 1462 places in Illinois. Median household income is $63,125, the median home is worth $87,300 and median gross rent runs $919 a month.
- Population
- 638Thayer village residents
- Median household income
- $63,125Past 12 months, inflation adjusted
- Median home value
- $87,300Owner-occupied units
- Median gross rent
- $919Rent plus utilities, monthly
- Median age
- 43.6 yrsAll residents
- Homeownership rate
- 89.6%Owner-occupied households
What the numbers mean in Thayer village
Housing cost measured against local earnings.
A household earning the Thayer village median would spend about 17.5% 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 9.4% of residents and 89.6% 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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