How many renters in Algonquin Township, IL pay more than 30% of their income on rent?
57.9% (±7.3 points) of renting households in Algonquin Township, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
41.8% spend 35% or more.
The median renting household spends 32.5% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 57.9% (±7.3 points)
- Paying 35% or more
- 41.8% (±5.8 points)
- Median share of income
- 32.5% (±1.7 points)
Rent as a share of income in Algonquin Township
| Share of income spent on rent | Algonquin Township | McHenry County | Illinois | United States |
|---|---|---|---|---|
| Less than 15% | 10.6% (±4.3 points) | 12.9% | 14.4% | 12.6% |
| 15% to 19.9% | 9.3% (±3.0 points) | 13.1% | 13.4% | 12.2% |
| 20% to 24.9% | 10.1% (±3.7 points) | 12.4% | 13.1% | 12.6% |
| 25% to 29.9% | 12.0% (±3.4 points) | 11.1% | 11.2% | 11.5% |
| 30% to 34.9% | 16.1% (±4.4 points) | 12.5% | 8.9% | 9.2% |
| 35% or more | 41.8% (±5.8 points) | 38.1% | 39.0% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Algonquin Township against McHenry County, its state and the nation
| Algonquin Township | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 57.9% (±7.3 points) | 50.6% (±3.7 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 41.8% (±5.8 points) | 38.1% (±3.1 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 32.5% (±1.7 points) | 30.2% (±1.3 points) | 29.1% (±0.2 points) | 30.6% |
| Median renter household income | $57,542 (±$4,307) | $56,791 (±$4,428) | $50,420 (±$471) | $52,966 |
| Median gross rent | $1,520 (±$94) | $1,401 (±$41) | $1,274 (±$5) | $1,413 |
In Algonquin Township, the share of renters paying 30% or more of income is not measurably different from McHenry County (50.6%).
It is also higher than in Illinois (47.9%).
It is not measurably different from the national figure (51.1%).
In McHenry County, Algonquin Township ranks 11 of 45 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 458 of 2,503.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Algonquin Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Algonquin Township | — | 57.9% (±7.3 points) | — |
| Trout Valley | 1.4 mi | 100.0% (±141.4 points) | Not measurably different |
| Cary | 1.7 mi | 66.9% (±21.4 points) | Not measurably different |
| Lake in the Hills | 2.4 mi | 50.3% (±12.2 points) | Not measurably different |
| Fox River Grove | 3.2 mi | 85.5% (±53.9 points) | Not measurably different |
| Algonquin | 3.6 mi | 45.5% (±12.7 points) | Not measurably different |
| Crystal Lake | 3.8 mi | 51.6% (±9.3 points) | Not measurably different |
| Oakwood Hills | 3.9 mi | 50.0% (±25.6 points) | Not measurably different |
| Prairie Grove | 5.2 mi | 45.8% (±37.4 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across McHenry County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 5 | Fox River Grove | 85.5% (±53.9 points) |
| 6 | Alden Township | 70.6% (±47.3 points) |
| 7 | Holiday Hills | 69.3% (±51.8 points) |
| 8 | Cary | 66.9% (±21.4 points) |
| 9 | Port Barrington | 62.5% (±91.3 points) |
| 10 | McCullom Lake | 61.8% (±36.0 points) |
| 11 | Algonquin Township | 57.9% (±7.3 points) |
| 12 | Greenwood Township (McHenry County) | 57.4% (±21.0 points) |
| 13 | Woodstock | 55.8% (±11.5 points) |
| 14 | Marengo | 55.1% (±18.4 points) |
| 15 | Marengo Township | 55.0% (±16.7 points) |
| 16 | Harvard | 54.5% (±18.3 points) |
| 17 | Ringwood | 52.6% (±44.3 points) |
Showing 13 of 45 places in McHenry County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Algonquin Township
Are renters in Algonquin Township rent-burdened?
57.9% of renting households in Algonquin Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Algonquin Township spend on rent?
The median renting household in Algonquin Township, IL spends 32.5% (±1.7 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Algonquin township, McHenry County, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Algonquin township, McHenry County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Algonquin township, McHenry County, Illinois
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) and detailed tables (acs/acs5) for Algonquin township, McHenry County, Illinois (county subdivision:00698, in state:17 county:111).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 .
Related
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- Population growth in Algonquin Township
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- Fair Market Rent in Algonquin Township
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by rent burden
- Housing data for every place in Illinois