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Herrick, IL
Full City Profile · Illinois · Shelby County County
3.2
/5.0
B
Good
405
Population
1,095/sq mi density
$58,750
Median Income
$24,290 per capita
$70,800
Home Value
$165,727 Zillow
$1,063
Median Rent
17.5% income on rent
54°F
Avg Temperature
293 sunny days/yr
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.1 / 5.0
$58,750 median income, 9.1% unemployment
A+
Affordability
5.0 / 5.0
$70,800 home value, $1,063/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.1 / 5.0
13.3% bachelor's degree or higher
Housing Overview
Median Home Value
$70,800
75% below
US avg: $281,900
Median Rent
$1,063/mo
9% below
US avg: $1,163/mo
Homeownership Rate
85.8%
31% above US avg (65.4%)
Total Housing Units
158
Median year built: 1978
Home Value by Source
Census Median
$70,800
Zillow (ZHVI)
$165,727
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
85.8%
Owner-Occupied
14.2%
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
Census median rent:
$1,063/mo
Affordability & Housing Stock
Rent Burden
17.5%
of renters spending 30%+ of income on housing
44% below US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
85.8%
Complete Housing Data
Home Values
| Census Median Value | $70,800 |
| Zillow Home Value (ZHVI) | $165,727 |
Rent
| Census Median Rent | $1,063 |
| 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 | 85.8% |
| Renter-Occupied | 14.2% |
| Homeownership Rate | 85.8% |
| Total Housing Units | 158 |
| Median Year Built | 1978 |
| Rent Burden | 17.5% |