What is the median household income in Annawan Township, IL?
The median household income in Annawan Township, IL is $86,125 (±$17,448) a year (2020–2024 American Community Survey).
Paying the median gross rent of $621 a month would take about $24,800 a year at the common guideline of spending no more than 30% of income on rent.
In Annawan Township, the median household income went from $57,837 in 2015–2019 to $86,125 in 2020–2024 (+48.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $86,125 (±$17,448)
- Median renter income
- $41,964 (±$19,671)
- Income to afford median rent
- about $24,800
Income in Annawan Township against Henry County, its state and the nation
| Annawan Township | Henry County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $86,125 (±$17,448) | $71,911 (±$2,277) | $83,390 (±$362) | $80,734 |
| Median renter household income | $41,964 (±$19,671) | $43,052 (±$4,035) | $50,420 (±$471) | $52,966 |
| Median owner household income | $94,688 (±$17,949) | $82,189 (±$4,568) | $103,505 (±$377) | $100,009 |
| Median gross rent | $621 (±$164) | $842 (±$44) | $1,274 (±$5) | $1,413 |
In Annawan Township, median household income is not measurably different from Henry County ($71,911).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Henry County, Annawan Township ranks 7 of 34 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 873 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Annawan Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $621 a month ($7,452 a year) needs an income of about $24,800 a year.
The median renting household in Annawan Township earns $41,964 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $57,837 (±$8,819) | $86,125 (±$17,448) | +48.9% | No measurable change after inflation |
| Median gross rent | $638 (±$110) | $621 (±$164) | −2.7% | No measurable change after inflation |
| Median home value | $114,400 (±$14,584) | $146,500 (±$16,153) | +28.1% | 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.
Median household income in places near Annawan Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Annawan Township | — | $86,125 (±$17,448) | — |
| Annawan | 2.0 mi | $70,729 (±$10,710) | Not measurably different |
| Mineral | 4.0 mi | $51,111 (±$9,173) | Lower |
| Atkinson | 5.6 mi | $57,174 (±$16,109) | Lower |
| Cornwall Township | 5.7 mi | $75,000 (±$46,771) | Not measurably different |
| Mineral Township | 6.1 mi | $63,125 (±$19,179) | Not measurably different |
| Kewanee Township | 6.8 mi | $50,528 (±$5,622) | Lower |
| Neponset | 8.2 mi | $61,250 (±$15,570) | Lower |
| Gold Township | 8.5 mi | $115,333 (±$45,711) | Not measurably different |
Nearby places with a measurably lower figure: Mineral, IL ($51,111), Atkinson, IL ($57,174), Kewanee Township, IL ($50,528).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Henry County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Phenix Township | $135,652 (±$17,047) |
| 2 | Hanna Township | $110,776 (±$24,860) |
| 3 | Osco Township | $110,119 (±$38,160) |
| 4 | Edford Township | $101,125 (±$18,541) |
| 5 | Western Township | $99,355 (±$11,639) |
| 6 | Orion | $94,375 (±$13,368) |
| 7 | Annawan Township | $86,125 (±$17,448) |
| 8 | Colona Township | $83,769 (±$7,696) |
| 9 | Colona | $79,700 (±$6,100) |
| 10 | Andover | $77,813 (±$23,699) |
| 11 | Yorktown Township | $77,708 (±$41,442) |
| 12 | Alpha | $77,639 (±$8,811) |
| 13 | Lynn Township (Henry County) | $77,500 (±$18,570) |
Showing 13 of 34 places in Henry 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.
What you can do on Seayora in Annawan Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Annawan Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Annawan Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Annawan Township, and send estimates and invoices from your phone.
Questions about Annawan Township
What is the median household income in Annawan Township?
The median household income in Annawan Township is $86,125 (±$17,448) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Annawan Township?
About $24,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $621 a month.
Have incomes in Annawan Township kept up with inflation?
In Annawan Township, the median household income went from $57,837 in 2015–2019 to $86,125 in 2020–2024 (+48.9%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Annawan Township?
The median renting household in Annawan Township, IL earns $41,964 (±$19,671) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Annawan township, Henry County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Annawan township, Henry County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Annawan township, Henry County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Annawan township, Henry County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Annawan township, Henry County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Annawan township, Henry County, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Annawan township, Henry County, Illinois (county subdivision:01582, in state:17 county:073).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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
- Housing in Annawan Township at a glance
- Renters and owners in Annawan Township
- Home values in Annawan Township
- Homeowner costs in Annawan Township
- Property taxes in Annawan Township
- Types of homes in Annawan Township
- Bedrooms in Annawan Township
- Age of homes in Annawan Township
- Heating fuel in Annawan Township
- Commute and cars in Annawan Township
- Population growth in Annawan Township
- How long people stay in Annawan Township
- Illinois landlord and tenant rules
- Housing across Henry County
- Illinois places ranked by median household income
- Housing data for every place in Illinois