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Illinois · Census place 75614

Tolono village, IL

Quick answer

Tolono village has 3,546 residents, ranking #401 of 1462 places in Illinois. Median household income is $79,333, the median home is worth $207,200 and median gross rent runs $1,002 a month.

Population
3,546Tolono village residents
Median household income
$79,333Past 12 months, inflation adjusted
Median home value
$207,200Owner-occupied units
Median gross rent
$1,002Rent plus utilities, monthly
Median age
35.6 yrsAll residents
Homeownership rate
72.2%Owner-occupied households

What the numbers mean in Tolono village

Housing cost measured against local earnings.

A household earning the Tolono village median would spend about 15.2% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 4.1% of residents and 72.2% 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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