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Housing Affordability in Phoenix, IL
Households that spend 30% or more of income on housing, rent and owner costs compared with income. American Community Survey 2020-2024 5-year estimates.
- Households paying 30%+ for housing
- 54.0%
- Illinois 30.4%
- Renters paying 30%+
- 78.8%
- Illinois 47.9%
- Homeowners paying 30%+
- 42.3%
- Illinois 22.4%
- Owner costs with a mortgage
- $1,191/mo
- Illinois $1,987/mo
Phoenix has fewer than 10,000 residents, so these survey estimates have wide margins of error. Compare with care.
Housing costs compared with income
- Renters paying 30% or more18678.8%
- Homeowners paying 30% or more21042.3%
- Renters paying 50% or more10544.5%
- Median rent as a share of income: 41.3%
- Median owner costs as a share of income, with a mortgage: 31.4%
- Median owner costs without a mortgage: $467/mo
- Median home value divided by median household income: 3.2
How it compares
Swipe the table sideways to see more columns.
| Area | Households paying 30%+ for housing | Renters 30%+ | Owners 30%+ | Median rent as % of income |
|---|---|---|---|---|
| Phoenix, IL | 54.0% | 78.8% | 42.3% | 41.3% |
| Cook County | 36.3% | 48.9% | 27.5% | 29.5% |
| Illinois | 30.4% | 47.9% | 22.4% | 29.1% |
| United States | 32.2% | 51.1% | 22.7% | 30.6% |
Frequently asked questions
- What is the housing cost burden in Phoenix, IL?
- In Phoenix, IL, 54.0% of households spend 30% or more of their income on housing costs.
- How does Phoenix compare with Illinois?
- The households paying 30%+ for housing in Phoenix is 54.0%, compared with 30.4% for Illinois as a whole.
Source: U.S. Census Bureau, American Community Survey · 2020-2024 5-year estimates