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London Mills, IL
Full City Profile · Illinois · Knox County County
2.7
/5.0
C+
Fair
356
Population
524/sq mi density
$52,656
Median Income
$38,484 per capita
$54,800
Home Value
$132,470 Zillow
$1,013
Median Rent
36.1% income on rent
49°F
Avg Temperature
275 sunny days/yr
400
Violent Crime/100K
3,282 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
C+
Economy
2.9 / 5.0
$52,656 median income, 5.8% unemployment
A+
Affordability
5.0 / 5.0
$54,800 home value, $1,013/mo rent
F
Safety
1.0 / 5.0
400 violent crimes/100K (5% above avg)
D
Education
1.8 / 5.0
9.6% bachelor's degree or higher
Housing Overview
Median Home Value
$54,800
81% below
US avg: $281,900
Median Rent
$1,013/mo
13% below
US avg: $1,163/mo
Homeownership Rate
77.6%
19% above US avg (65.4%)
Total Housing Units
177
Median year built: 1951
Home Value by Source
Census Median
$54,800
Zillow (ZHVI)
$132,470
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.6%
Owner-Occupied
22.4%
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:
$1,013/mo
Affordability & Housing Stock
Rent Burden
36.1%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1951
Average age of housing stock: 75 years
Homeownership Rate
77.6%
Complete Housing Data
Home Values
| Census Median Value | $54,800 |
| Zillow Home Value (ZHVI) | $132,470 |
Rent
| Census Median Rent | $1,013 |
| 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 | 77.6% |
| Renter-Occupied | 22.4% |
| Homeownership Rate | 77.6% |
| Total Housing Units | 177 |
| Median Year Built | 1951 |
| Rent Burden | 36.1% |