Lanark, IL
1,541Residents
$59,375Median household income
$819/moMedian gross rent
$96,600Median home value
38.4Median age
14%Adults with a bachelor’s degree or higher
79%Homes lived in by their owners
1.6×Home value to household income
Median rent takes about 17% of the median household income in Lanark.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $33,000 a year. In Illinois that leaves roughly $2,255 a month after tax. See the full paycheck breakdown for $35,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.