Illinois · Census place 77707
Verona village, IL
Quick answer
Verona village has 267 residents, ranking #1124 of 1462 places in Illinois. Median household income is $41,250, the median home is worth $108,900 and median gross rent runs $1,125 a month.
- Population
- 267Verona village residents
- Median household income
- $41,250Past 12 months, inflation adjusted
- Median home value
- $108,900Owner-occupied units
- Median gross rent
- $1,125Rent plus utilities, monthly
- Median age
- 34.9 yrsAll residents
- Homeownership rate
- 81.7%Owner-occupied households
What the numbers mean in Verona village
Housing cost measured against local earnings.
A household earning the Verona village median would spend about 32.7% 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 2.6× the median household income; nationally that ratio sits near 4.5×. Poverty affects 31.8% of residents and 81.7% 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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