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Lanark, IL
Full City Profile · Illinois · Carroll County County
3.0
/5.0
B
Good
1,510
Population
1,348/sq mi density
$66,250
Median Income
$33,489 per capita
$97,100
Home Value
$306,340 Zillow
$781
Median Rent
24.0% income on rent
49°F
Avg Temperature
246 sunny days/yr
76
Violent Crime/100K
455 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.1 / 5.0
$66,250 median income, 2.0% unemployment
A+
Affordability
5.0 / 5.0
$97,100 home value, $781/mo rent
F
Safety
1.0 / 5.0
76 violent crimes/100K
C
Education
2.1 / 5.0
13.6% bachelor's degree or higher
Housing Overview
Median Home Value
$97,100
66% below
US avg: $281,900
Median Rent
$781/mo
33% below
US avg: $1,163/mo
Homeownership Rate
81.0%
24% above US avg (65.4%)
Total Housing Units
729
Median year built: 1944
Home Value by Source
Census Median
$97,100
Zillow (ZHVI)
$306,340
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
81.0%
Owner-Occupied
19.0%
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:
$781/mo
Affordability & Housing Stock
Rent Burden
24.0%
of renters spending 30%+ of income on housing
23% below US avg (31.0%)
Median Year Built
1944
Average age of housing stock: 82 years
Homeownership Rate
81.0%
Complete Housing Data
Home Values
| Census Median Value | $97,100 |
| Zillow Home Value (ZHVI) | $306,340 |
Rent
| Census Median Rent | $781 |
| 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 | 81.0% |
| Renter-Occupied | 19.0% |
| Homeownership Rate | 81.0% |
| Total Housing Units | 729 |
| Median Year Built | 1944 |
| Rent Burden | 24.0% |