Housing data for Braceville, IL
Braceville, IL has an estimated 860 residents and 302 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a village in Grundy County.
11.9% of households rent.
Figures last updated on .
- Residents
- 860 (±201)
- Housing units
- 302 (±56)
- Households that rent
- 11.9%
- Residents since 2015–2019
- +13.3%
What stands out in Braceville
Households that rent: 11.9% (±8.8 points) in Braceville, lower than in Grundy County (25.6%).
Homes built before 1980: 68.6% (±16.4 points) in Braceville, higher than in Grundy County (41.4%).
Working from home: 4.2% (±3.2 points) in Braceville, lower than in Grundy County (10.0%).
Median home value: $187,900 (±$17,896) in Braceville, lower than in Grundy County ($271,700).
Housing in Braceville at a glance
- Rent burden: 0.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 11.9% of households rent (Small sample: wide margin of error)
- Income and affordability: $89,167 median household income
- Home values: $187,900 median home value
- Homeowner costs: $1,563 median monthly cost with a mortgage
- Property taxes: $3,712 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 81.5% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 68.6% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 96.5% heat with utility gas
- Commute and cars: 31.2 minutes average trip to work
- Growth: +13.3% residents since 2015–2019 (Small sample: wide margin of error)
- How long people stay: 22.0% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Braceville against Grundy County, its state and the nation
| Braceville | Grundy County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 860 (±201) | 53,219 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 302 (±56) | 21,384 (±101) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 11.9% (±8.8 points) | 25.6% (±1.9 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | — | $1,177 (±$59) | $1,274 (±$5) | $1,413 |
| Median household income | $89,167 (±$22,738) | $92,235 (±$7,255) | $83,390 (±$362) | $80,734 |
| Median home value | $187,900 (±$17,896) | $271,700 (±$10,409) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $3,712 (±$348) | $5,420 (±$199) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 68.6% (±16.4 points) | 41.4% (±3.1 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 31.2 minutes (±3.8) | 26.8 minutes (±1.1) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 86.4% (±7.5 points) | 91.8% (±1.5 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 31.0 years (±7.2) | 38.3 years (±0.6) | 39.0 years (±0.1) | 38.9 years |
Braceville covers 3.1 square miles of land, about 276 residents per square mile (Census Bureau Gazetteer).
How Braceville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 759 (±149) | 860 (±201) | +13.3% | Not a measurable change |
| Housing units | 339 (±58) | 302 (±56) | −10.9% | Not a measurable change |
| Median home value | $136,000 (±$9,051) | $187,900 (±$17,896) | +38.2% | No measurable change after inflation |
| Median household income | $64,563 (±$11,220) | $89,167 (±$22,738) | +38.1% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,297 (±$82) | $1,563 (±$87) | +20.5% | No measurable change after inflation |
| Median real estate taxes | $2,931 (±$285) | $3,712 (±$348) | +26.6% | No measurable change after inflation |
| Households that rent | 20.4% (±9.1 points) | 11.9% (±8.8 points) | −8.5 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±34.6 points) | 0.0% (±54.6 points) | 0.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
ZIP codes in Braceville
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60407 | 22% | 1,812 | $1,510 | $191,000 | $89,792 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Braceville
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Braceville Township | 1.4 mi | $1,143 | $220,100 | 21.5% |
| Godley | 1.9 mi | $1,386 | $144,600 | 15.3% |
| Reed Township | 3.0 mi | $1,057 | $200,200 | 13.0% |
| Gardner | 3.1 mi | $979 | $199,600 | 25.0% |
| Maine Township (Grundy County) | 3.4 mi | — | $305,300 | 14.6% |
| South Wilmington | 3.6 mi | $1,277 | $174,400 | 10.0% |
| East Brooklyn | 3.6 mi | — | $232,100 | 10.7% |
| Coal City | 3.8 mi | $1,123 | $201,600 | 23.1% |
HUD Fair Market Rent for Braceville, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,189 | $1,233 | $1,613 | $2,219 | $2,567 |
HUD income limits for Braceville, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $24,400 | $40,650 | $65,050 |
| 2 people | $27,900 | $46,450 | $74,350 |
| 3 people | $31,400 | $52,250 | $83,650 |
| 4 people | $34,850 | $58,050 | $92,900 |
| 5 people | $38,680 | $62,700 | $100,350 |
| 6 people | $44,360 | $67,350 | $107,800 |
| 7 people | $50,040 | $72,000 | $115,200 |
| 8 people | $55,720 | $76,650 | $122,650 |
These are the limits HUD sets for its housing programs in the Grundy County, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $116,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Braceville
What is the median household income in Braceville?
The median household income in Braceville is $89,167 (±$22,738) a year (2020–2024 American Community Survey).
What is the average home value in Braceville, IL?
The Census Bureau publishes the median: $187,900 (±$17,896) for owner-occupied homes in Braceville (2020–2024 American Community Survey).
What is the average mortgage payment in Braceville?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Braceville, IL is $1,563 (±$87) a month, including taxes, insurance and utilities.
How much are property taxes in Braceville?
The median real estate tax paid by homeowners in Braceville, IL is $3,712 (±$348) a year (2020–2024 American Community Survey).
How many homes are in Braceville?
Braceville, IL has an estimated 302 (±56) housing units, occupied and vacant (2020–2024 American Community Survey).
How old are most homes in Braceville?
68.6% of homes in Braceville, IL were built before 1980 (2020–2024 American Community Survey).
Is Braceville growing?
In Braceville, the number of residents went from 759 in 2015–2019 to 860 in 2020–2024 (+13.3%), not a measurable change.
What ZIP codes are in Braceville?
The ZIP code that covers Braceville is 60407.
What is the median rent in ZIP code 60407?
The median gross rent in ZIP Code Tabulation Area 60407 is $1,510 (±$290) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Braceville village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Braceville village, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Braceville village, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Braceville village, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Braceville village, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Braceville village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Braceville village, Illinois
- HUD Fair Market Rents, fiscal year 2027: Grundy County, IL HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Grundy County, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Braceville village, Illinois (place:07640, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .