What percentage of people rent in Algonquin, IL?

Name: Renters and owners in Algonquin, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

11.8% (±2.3 points) of the occupied homes in Algonquin, IL are rented (2020–2024 American Community Survey).

That is 1,297 renting households against 9,671 that own their home.

In Algonquin, the share of households that rent went from 14.0% in 2015–2019 to 11.8% in 2020–2024 (−2.2 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 11.8% (±2.3 points)
Renting households: 1,297 (±259)
Median renter income: $79,531 (±$17,216)

Who rents and who owns in Algonquin

Tenure, estimate (90% margin of error)
	Algonquin	McHenry County	Illinois	United States
Renter-occupied share	11.8% (±2.3 points)	17.3% (±1.0 points)	32.9% (±0.2 points)	34.8%
Renting households	1,297 (±259)	20,335 (±1,135)	1,657,539 (±10,322)	45,017,354
Owning households	9,671 (±449)	97,259 (±1,207)	3,378,910 (±14,728)	84,210,142
Average renter household size	2.1 (±0.2)	2.3 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.8 (±0.1)	2.7 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$79,531 (±$17,216)	$56,791 (±$4,428)	$50,420 (±$471)	$52,966
Median owner household income	$142,863 (±$10,556)	$118,391 (±$2,446)	$103,505 (±$377)	$100,009

In Algonquin, the renter share is lower than in McHenry County (17.3%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In McHenry County, Algonquin ranks 27 of 46 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1950 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Algonquin has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	14.0% (±2.0 points)	11.8% (±2.3 points)	−2.2 percentage points	Not a measurable change
Median gross rent	$1,677 (±$84)	$1,723 (±$210)	+2.7%	Down after inflation
Median household income	$102,856 (±$4,970)	$134,525 (±$8,076)	+30.8%	No measurable change after inflation

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.

Households that rent in places near Algonquin

Nearest places with a published estimate, compared with Algonquin
Place	Distance	Households that rent	Compared with this place
Algonquin	—	11.8% (±2.3 points)	—
Lake in the Hills	1.4 mi	15.6% (±2.9 points)	Higher
Carpentersville	2.9 mi	28.5% (±3.3 points)	Higher
Dundee Township	3.5 mi	27.8% (±2.2 points)	Higher
Algonquin Township	3.6 mi	17.9% (±2.0 points)	Higher
West Dundee	3.9 mi	48.5% (±6.0 points)	Higher
Gilberts	4.3 mi	5.2% (±3.0 points)	Lower
Trout Valley	4.4 mi	1.7% (±2.3 points)	Lower
Sleepy Hollow	4.8 mi	6.8% (±3.7 points)	Lower

Nearby places with a measurably lower figure: Gilberts, IL (5.2%), Trout Valley, IL (1.7%), Sleepy Hollow, IL (6.8%).

Nearby places with a measurably higher figure: Lake in the Hills, IL (15.6%), Carpentersville, IL (28.5%), Dundee Township, IL (27.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across McHenry County, place by place

Rank	Place	Households that rent
21	Lake in the Hills	15.6% (±2.9 points)
22	Cary	15.2% (±4.0 points)
23	Greenwood Township (McHenry County)	13.6% (±3.6 points)
24	Fox River Grove	12.6% (±8.3 points)
25	Union	12.4% (±10.1 points)
26	Coral Township	12.2% (±10.7 points)
27	Algonquin	11.8% (±2.3 points)
28	Huntley	11.1% (±3.7 points)
29	Alden Township	11.0% (±8.1 points)
30	Pistakee Highlands	10.4% (±5.3 points)
31	Holiday Hills	8.8% (±5.8 points)
32	Oakwood Hills	8.5% (±3.5 points)
33	Burton Township (McHenry County)	8.3% (±5.5 points)

Showing 13 of 46 places in McHenry County, ranked from highest to lowest.

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 Algonquin

How many renters are there in Algonquin?

Algonquin has an estimated 1,297 (±259) renting households, 11.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Algonquin?

In Algonquin, the share of households that rent went from 14.0% in 2015–2019 to 11.8% in 2020–2024 (−2.2 percentage points), not a measurable change.

How big are renting households in Algonquin?

A renting household in Algonquin has 2.1 people on average, against 2.8 in an owned home.

How much do renters earn in Algonquin?

The median renting household in Algonquin, IL has an income of $79,531 (±$17,216) a year, against $142,863 for households that own their home.

Sources

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 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M

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.