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ZipNumbers

Illinois · Census place 78526

Walnut village, IL

Quick answer

Walnut village has 1,402 residents, ranking #604 of 1462 places in Illinois. Median household income is $62,019, the median home is worth $94,700 and median gross rent runs $591 a month.

Population
1,402Walnut village residents
Median household income
$62,019Past 12 months, inflation adjusted
Median home value
$94,700Owner-occupied units
Median gross rent
$591Rent plus utilities, monthly
Median age
36.9 yrsAll residents
Homeownership rate
83.8%Owner-occupied households

What the numbers mean in Walnut village

Housing cost measured against local earnings.

A household earning the Walnut village median would spend about 11.4% 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 1.5× the median household income; nationally that ratio sits near 4.5×. Poverty affects 8.1% of residents and 83.8% 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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