All Countries
Heritage Lake, IL
Full City Profile · Illinois · Tazewell County County
4.0
/5.0
A
Great
1,708
Population
1,512/sq mi density
$117,422
Median Income
$42,474 per capita
$210,600
Home Value
$245,762 Zillow
52°F
Avg Temperature
275 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.5 / 5.0
$117,422 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$210,600 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A
Education
4.0 / 5.0
37.5% bachelor's degree or higher
Housing Overview
Median Home Value
$210,600
25% below
US avg: $281,900
Homeownership Rate
97.4%
49% above US avg (65.4%)
Total Housing Units
557
Median year built: 1992
Home Value by Source
Census Median
$210,600
Zillow (ZHVI)
$245,762
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
97.4%
Owner-Occupied
2.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Affordability & Housing Stock
Rent Burden
27.0%
of renters spending 30%+ of income on housing
13% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
97.4%
Complete Housing Data
Home Values
| Census Median Value | $210,600 |
| Zillow Home Value (ZHVI) | $245,762 |
Rent
| FMR Studio | $774 |
| FMR 1-Bedroom | $854 |
| FMR 2-Bedroom | $1,063 |
| FMR 3-Bedroom | $1,370 |
| FMR 4-Bedroom | $1,561 |
Market
Ownership & Stock
| Owner-Occupied | 97.4% |
| Renter-Occupied | 2.6% |
| Homeownership Rate | 97.4% |
| Total Housing Units | 557 |
| Median Year Built | 1992 |
| Rent Burden | 27.0% |