What is the median household income in Ashmore Township, IL?
The median household income in Ashmore Township, IL is $74,954 (±$10,879) a year (2020–2024 American Community Survey).
Paying the median gross rent of $828 a month would take about $33,100 a year at the common guideline of spending no more than 30% of income on rent.
In Ashmore Township, the median household income went from $50,500 in 2015–2019 to $74,954 in 2020–2024 (+48.4%).
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
- $74,954 (±$10,879)
- Median renter income
- $52,292 (±$8,625)
- Income to afford median rent
- about $33,100
Income in Ashmore Township against Coles County, its state and the nation
| Ashmore Township | Coles County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $74,954 (±$10,879) | $56,478 (±$3,441) | $83,390 (±$362) | $80,734 |
| Median renter household income | $52,292 (±$8,625) | $34,019 (±$3,491) | $50,420 (±$471) | $52,966 |
| Median owner household income | $81,688 (±$12,680) | $77,603 (±$3,745) | $103,505 (±$377) | $100,009 |
| Median gross rent | $828 (±$122) | $780 (±$41) | $1,274 (±$5) | $1,413 |
In Ashmore Township, median household income is higher than in Coles County ($56,478).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Coles County, Ashmore Township ranks 7 of 18 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1269 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 Ashmore 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 $828 a month ($9,936 a year) needs an income of about $33,100 a year.
The median renting household in Ashmore Township earns $52,292 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 | $50,500 (±$8,765) | $74,954 (±$10,879) | +48.4% | No measurable change after inflation |
| Median gross rent | $626 (±$15) | $828 (±$122) | +32.3% | No measurable change after inflation |
| Median home value | $85,900 (±$8,097) | $135,100 (±$21,850) | +57.3% | Up 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 Ashmore Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Ashmore Township | — | $74,954 (±$10,879) | — |
| Ashmore | 1.2 mi | $56,615 (±$9,064) | Lower |
| Westfield | 5.2 mi | $63,819 (±$9,223) | Not measurably different |
| Kansas | 5.8 mi | $69,231 (±$19,504) | Not measurably different |
| Westfield Township (Clark County) | 6.1 mi | $70,000 (±$14,853) | Not measurably different |
| Kansas Township (Edgar County) | 6.3 mi | $69,904 (±$18,496) | Not measurably different |
| Morgan Township | 6.4 mi | $90,385 (±$41,269) | Not measurably different |
| Hutton Township | 6.9 mi | $84,821 (±$35,062) | Not measurably different |
| East Oakland Township | 7.7 mi | $52,188 (±$10,999) | Lower |
Nearby places with a measurably lower figure: Ashmore, IL ($56,615), East Oakland Township, IL ($52,188).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Coles County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Seven Hickory Township | $100,515 (±$67,348) |
| 2 | Morgan Township | $90,385 (±$41,269) |
| 3 | Humboldt Township | $85,745 (±$21,454) |
| 4 | Hutton Township | $84,821 (±$35,062) |
| 5 | North Okaw Township | $84,338 (±$25,071) |
| 6 | Pleasant Grove Township | $76,613 (±$26,966) |
| 7 | Ashmore Township | $74,954 (±$10,879) |
| 8 | Lafayette Township (Coles County) | $69,125 (±$13,187) |
| 9 | Lerna | $67,679 (±$28,616) |
| 10 | Humboldt | $59,063 (±$14,210) |
| 11 | Ashmore | $56,615 (±$9,064) |
| 12 | Mattoon Township | $53,811 (±$5,974) |
| 13 | East Oakland Township | $52,188 (±$10,999) |
Showing 13 of 18 places in Coles 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 Ashmore Township
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Questions about Ashmore Township
What is the median household income in Ashmore Township?
The median household income in Ashmore Township is $74,954 (±$10,879) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Ashmore Township?
About $33,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $828 a month.
Have incomes in Ashmore Township kept up with inflation?
In Ashmore Township, the median household income went from $50,500 in 2015–2019 to $74,954 in 2020–2024 (+48.4%).
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 Ashmore Township?
The median renting household in Ashmore Township, IL earns $52,292 (±$8,625) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ashmore township, Coles County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ashmore township, Coles County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ashmore township, Coles County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ashmore township, Coles County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ashmore township, Coles County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Ashmore township, Coles 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 Ashmore township, Coles County, Illinois (county subdivision:02570, in state:17 county:029).
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 Ashmore Township at a glance
- Renters and owners in Ashmore Township
- Home values in Ashmore Township
- Homeowner costs in Ashmore Township
- Property taxes in Ashmore Township
- Types of homes in Ashmore Township
- Bedrooms in Ashmore Township
- Age of homes in Ashmore Township
- Heating fuel in Ashmore Township
- Commute and cars in Ashmore Township
- Population growth in Ashmore Township
- Illinois landlord and tenant rules
- Housing across Coles County
- Illinois places ranked by median household income
- Housing data for every place in Illinois