How many renters in Algonquin, IL pay more than 30% of their income on rent?
45.5% (±12.7 points) of renting households in Algonquin, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
32.6% spend 35% or more.
The median renting household spends 24.6% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 45.5% (±12.7 points)
- Paying 35% or more
- 32.6% (±11.0 points)
- Median share of income
- 24.6% (±9.0 points)
Rent as a share of income in Algonquin
| Share of income spent on rent | Algonquin | McHenry County | Illinois | United States |
|---|---|---|---|---|
| Less than 15% | 21.1% (±12.7 points) | 12.9% | 14.4% | 12.6% |
| 15% to 19.9% | 15.8% (±8.1 points) | 13.1% | 13.4% | 12.2% |
| 20% to 24.9% | 14.4% (±7.4 points) | 12.4% | 13.1% | 12.6% |
| 25% to 29.9% | 3.4% (±3.9 points) | 11.1% | 11.2% | 11.5% |
| 30% to 34.9% | 12.9% (±6.4 points) | 12.5% | 8.9% | 9.2% |
| 35% or more | 32.6% (±11.0 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 against McHenry County, its state and the nation
| Algonquin | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 45.5% (±12.7 points) | 50.6% (±3.7 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 32.6% (±11.0 points) | 38.1% (±3.1 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 24.6% (±9.0 points) | 30.2% (±1.3 points) | 29.1% (±0.2 points) | 30.6% |
| Median renter household income | $79,531 (±$17,216) | $56,791 (±$4,428) | $50,420 (±$471) | $52,966 |
| Median gross rent | $1,723 (±$210) | $1,401 (±$41) | $1,274 (±$5) | $1,413 |
In Algonquin, the share of renters paying 30% or more of income is not measurably different from McHenry County (50.6%).
It is not measurably different from Illinois (47.9%).
It is not measurably different from the national figure (51.1%).
In McHenry County, Algonquin ranks 29 of 45 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 998 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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Algonquin | — | 45.5% (±12.7 points) | — |
| Lake in the Hills | 1.4 mi | 50.3% (±12.2 points) | Not measurably different |
| Carpentersville | 2.9 mi | 43.3% (±8.5 points) | Not measurably different |
| Dundee Township | 3.5 mi | 45.1% (±6.6 points) | Not measurably different |
| Algonquin Township | 3.6 mi | 57.9% (±7.3 points) | Not measurably different |
| West Dundee | 3.9 mi | 40.0% (±11.9 points) | Not measurably different |
| Gilberts | 4.3 mi | 37.7% (±38.7 points) | Not measurably different |
| Trout Valley | 4.4 mi | 100.0% (±141.4 points) | Not measurably different |
| Sleepy Hollow | 4.8 mi | 56.6% (±43.7 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 |
|---|---|---|
| 23 | Lake in the Hills | 50.3% (±12.2 points) |
| 24 | Oakwood Hills | 50.0% (±25.6 points) |
| 25 | Island Lake | 49.4% (±18.9 points) |
| 26 | Chemung Township | 49.3% (±17.5 points) |
| 27 | Nunda Township | 48.8% (±9.7 points) |
| 28 | Prairie Grove | 45.8% (±37.4 points) |
| 29 | Algonquin | 45.5% (±12.7 points) |
| 30 (tie) | Huntley | 44.8% (±19.3 points) |
| 30 (tie) | Lakewood | 44.8% (±80.9 points) |
| 32 | Johnsburg | 41.4% (±38.7 points) |
| 33 | Hebron | 41.0% (±21.8 points) |
| 34 | Grafton Township | 32.6% (±10.3 points) |
| 35 | Richmond Township | 31.6% (±11.5 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
Are renters in Algonquin rent-burdened?
45.5% of renting households in Algonquin 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 spend on rent?
The median renting household in Algonquin, IL spends 24.6% (±9.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Algonquin village, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Algonquin village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Algonquin village, 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 village, Illinois (place:00685, in state:17).
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 .
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