What percentage of people rent in Cherry Valley, IL?
18.7% (±7.2 points) of the occupied homes in Cherry Valley, IL are rented (2020–2024 American Community Survey).
That is 276 renting households against 1,202 that own their home.
In Cherry Valley, the share of households that rent went from 29.5% in 2015–2019 to 18.7% in 2020–2024 (−10.8 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 18.7% (±7.2 points)
- Renting households
- 276 (±119)
- Median renter income
- $43,449 (±$1,710)
Who rents and who owns in Cherry Valley
| Cherry Valley | Winnebago County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 18.7% (±7.2 points) | 34.1% (±0.9 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 276 (±119) | 39,606 (±1,137) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 1,202 (±197) | 76,408 (±1,088) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.6 (±0.3) | 2.2 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $43,449 (±$1,710) | $40,502 (±$1,703) | $50,420 (±$471) | $52,966 |
| Median owner household income | $103,056 (±$35,951) | $83,391 (±$1,950) | $103,505 (±$377) | $100,009 |
In Cherry Valley, the renter share is lower than in Winnebago County (34.1%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Winnebago County, Cherry Valley ranks 14 of 26 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1354 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cherry Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.5% (±6.5 points) | 18.7% (±7.2 points) | −10.8 percentage points | Measurable decrease |
| Median gross rent | $739 (±$115) | $1,024 (±$184) | +38.6% | No measurable change after inflation |
| Median household income | $63,603 (±$10,675) | $74,655 (±$11,420) | +17.4% | 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 Cherry Valley
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cherry Valley | — | 18.7% (±7.2 points) | — |
| Cherry Valley Township | 2.7 mi | 35.7% (±3.6 points) | Higher |
| Flora Township | 4.8 mi | 17.0% (±9.2 points) | Not measurably different |
| Rockford | 4.8 mi | 45.1% (±1.4 points) | Higher |
| Belvidere | 4.9 mi | 29.1% (±4.0 points) | Higher |
| Rockford Township | 5.2 mi | 40.9% (±1.3 points) | Higher |
| Belvidere Township | 5.4 mi | 24.2% (±3.4 points) | Not measurably different |
| New Milford | 5.8 mi | 8.7% (±8.5 points) | Not measurably different |
| Loves Park | 7.2 mi | 39.1% (±3.3 points) | Higher |
Nearby places with a measurably higher figure: Cherry Valley Township, IL (35.7%), Rockford, IL (45.1%), Belvidere, IL (29.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Winnebago County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 8 (tie) | Durand Township | 27.8% (±7.4 points) |
| 8 (tie) | Rockton Township | 27.8% (±5.2 points) |
| 10 | Harlem Township (Winnebago County) | 23.4% (±2.5 points) |
| 11 | Machesney Park | 20.4% (±2.9 points) |
| 12 | Pecatonica | 19.6% (±7.9 points) |
| 13 | Rockton | 19.0% (±7.5 points) |
| 14 | Cherry Valley | 18.7% (±7.2 points) |
| 15 | Roscoe Township | 17.1% (±3.1 points) |
| 16 | Seward Township (Winnebago County) | 16.8% (±18.6 points) |
| 17 | Pecatonica Township | 15.0% (±5.0 points) |
| 18 | Winnebago | 13.0% (±4.9 points) |
| 19 | Winnebago Township | 11.5% (±4.2 points) |
| 20 | Burritt Township | 10.6% (±10.9 points) |
Showing 13 of 26 places in Winnebago 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 Cherry Valley
How many renters are there in Cherry Valley?
Cherry Valley has an estimated 276 (±119) renting households, 18.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cherry Valley?
In Cherry Valley, the share of households that rent went from 29.5% in 2015–2019 to 18.7% in 2020–2024 (−10.8 percentage points), a measurable decrease.
How big are renting households in Cherry Valley?
A renting household in Cherry Valley has 1.6 people on average, against 2.7 in an owned home.
How much do renters earn in Cherry Valley?
The median renting household in Cherry Valley, IL has an income of $43,449 (±$1,710) a year, against $103,056 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cherry Valley village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cherry Valley village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cherry Valley village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cherry Valley village, 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 Cherry Valley village, Illinois (place:13074, 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.
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.
Figures last updated on .
Related
- Housing in Cherry Valley at a glance
- Median rent in Cherry Valley
- Rent by bedrooms in Cherry Valley
- Income and affordability in Cherry Valley
- Home values in Cherry Valley
- Homeowner costs in Cherry Valley
- Property taxes in Cherry Valley
- Types of homes in Cherry Valley
- Bedrooms in Cherry Valley
- Age of homes in Cherry Valley
- Heating fuel in Cherry Valley
- Commute and cars in Cherry Valley
- Crime reported to police in Cherry Valley
- Population growth in Cherry Valley
- How long people stay in Cherry Valley
- Illinois landlord and tenant rules
- Housing across Winnebago County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois