Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in Park Forest village, Illinois?
City · Census ACS 5-Year estimates
The median home value in Park Forest village, Illinois is $115,300 (±$8,619), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,365/month, and the median household income is $61,072/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for Park Forest village, Illinois
| Metric | Value |
|---|---|
| Median Home Value | $115,300 |
| Median Gross Rent | $1,365 |
| Median Household Income | $61,072 |
| Total Housing Units | 8,129 |
| Renter-Occupied Units | 2,778 |
| Renter-Occupied Share | 34% |
How does Park Forest village, Illinois compare?
Median home value ranked against all cities in Illinois.
Higher home value than 47% of cities in Illinois · 734th of 1372
| # | City | Value |
|---|---|---|
| 1 | Kenilworth village | $1,560,300 |
| 2 | Glencoe village | $1,432,500 |
| 3 | Winnetka village | $1,337,800 |
| … 730 more … | ||
| 734 | Park Forest village(you are here) | $115,300 |
| … 635 more … | ||
| 1370 | Wamac city | $20,100 |
| 1371 | Maunie village | $18,800 |
| 1372 | Oak Grove village | $14,200 |
More data for Park Forest village, Illinois
Frequently asked questions
What is the median home value in Park Forest village, Illinois?
The median home value in Park Forest village, Illinois is $115,300, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in Park Forest village, Illinois?
The median gross rent in Park Forest village, Illinois is $1,365/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in Park Forest village, Illinois?
The median household income in Park Forest village, Illinois is $61,072/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $115,300 has a margin of error of ±$8,619. In very small areas, MOEs can be large relative to the estimate.
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