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Verona, IL

Full City Profile · Illinois · Grundy County County

2.5 /5.0
C+ Fair
267 Population 1,571/sq mi density
$41,250 Median Income $29,728 per capita
$108,900 Home Value $345,900 Zillow
$1,125 Median Rent 23.0% income on rent
50°F Avg Temperature 275 sunny days/yr
649 Violent Crime/100K 2,509 property/100K
C+
Overall
2.5 / 5.0
Fair overall score based on economy, affordability, safety and education
D
Economy
1.8 / 5.0
$41,250 median income, 8.5% unemployment
A+
Affordability
5.0 / 5.0
$108,900 home value, $1,125/mo rent
F
Safety
1.0 / 5.0
649 violent crimes/100K (71% above avg)
C
Education
2.0 / 5.0
12.5% bachelor's degree or higher

Housing Overview

Median Home Value
$108,900
61% below
US avg: $281,900
Median Rent
$1,125/mo
3% below
US avg: $1,163/mo
Homeownership Rate
81.7%
25% above US avg (65.4%)
Total Housing Units
128
Median year built: 1948

Home Value by Source

Census Median
$108,900
Zillow (ZHVI)
$345,900
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.7%
Owner-Occupied
18.3%
Renter-Occupied
82%
18%
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: $1,125/mo

Affordability & Housing Stock

Rent Burden
23.0%
of renters spending 30%+ of income on housing
26% below US avg (31.0%)
Median Year Built
1948
Average age of housing stock: 78 years
Homeownership Rate
81.7%

Complete Housing Data

Home Values

Census Median Value$108,900
Zillow Home Value (ZHVI)$345,900

Rent

Census Median Rent$1,125
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-Occupied81.7%
Renter-Occupied18.3%
Homeownership Rate81.7%
Total Housing Units128
Median Year Built1948
Rent Burden23.0%