Mill Shoals, IL
Full City Profile · Illinois · Wayne County County
2.9
/5.0
C+
Fair
138
Population
179/sq mi density
$58,542
Median Income
$29,275 per capita
$60,000
Home Value
$120,091 Zillow
57°F
Avg Temperature
293 sunny days/yr
431
Violent Crime/100K
2,311 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A
Economy
4.0 / 5.0
$58,542 median income, 0.0% unemployment
A+
Affordability
5.0 / 5.0
$60,000 home value, /mo rent
F
Safety
1.0 / 5.0
431 violent crimes/100K (13% above avg)
D
Education
1.7 / 5.0
9.0% bachelor's degree or higher
Housing Overview
Median Home Value
$60,000
79% below
US avg: $281,900
Homeownership Rate
96.9%
48% above US avg (65.4%)
Total Housing Units
79
Median year built: 1975
Home Value by Source
Census Median
$60,000
Zillow (ZHVI)
$120,091
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
96.9%
Owner-Occupied
3.1%
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
24.3%
of renters spending 30%+ of income on housing
22% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
96.9%
Complete Housing Data
Home Values
| Census Median Value | $60,000 |
| Zillow Home Value (ZHVI) | $120,091 |
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 | 96.9% |
| Renter-Occupied | 3.1% |
| Homeownership Rate | 96.9% |
| Total Housing Units | 79 |
| Median Year Built | 1975 |
| Rent Burden | 24.3% |
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