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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
97%
3%
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-Occupied96.9%
Renter-Occupied3.1%
Homeownership Rate96.9%
Total Housing Units79
Median Year Built1975
Rent Burden24.3%