Cost of Living in Loves Park, Illinois
Loves Park has a population of about 23,502. The median household income is $61,868, median gross rent is $1,120/month, and the median home value is $160,400. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Loves Park expensive to live in?
Compared with the national median in this dataset, rent in Loves Park is 32% below the national median and home values are 57% below the national median. Household income here is 26% below the national median. Monthly rent represents roughly 22% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Loves Park?
The median gross rent in Loves Park, Illinois is $1,120 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Loves Park?
The median owner-occupied home value in Loves Park is $160,400 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Loves Park?
The median household income in Loves Park is $61,868 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.