MyNeighborhood

Can you afford to live in Loves Park?

Median household income, home values and rent in Loves Park, IL — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Loves Park.

Median household income: $58,633 — +15.2% since 2015 (not adjusted for inflation)

Median gross rent: $1,102/mo — +39.3% since 2015

Median home value, 2015 to 2023

  • 2015: 114100
  • 2023: 144900

Median household income

  • Loves Park: 58633
  • Winnebago County: 64363
  • IL: 81702
  • U.S.: 78538

Median gross rent

  • Loves Park: 1102
  • Winnebago County: 986
  • IL: 1227
  • U.S.: 1348

Share of income a typical renter spends on rent: 26.8% — U.S.: 30.2%

What it means

The typical household here earns $58,633 — far lower than the national figure of $78,538.

The typical renter here spends 26.8% of household income on rent, below the 30% cost-burden line.

Since 2015, rent has risen faster than income here (+39.3% versus +15.2%), before adjusting for inflation.

Sources

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