What is the median household income in Davis Junction, IL?
The median household income in Davis Junction, IL is $107,833 (±$14,786) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,250 a month would take about $50,000 a year at the common guideline of spending no more than 30% of income on rent.
In Davis Junction, the median household income went from $72,031 in 2015–2019 to $107,833 in 2020–2024 (+49.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $107,833 (±$14,786)
- Median renter income
- $64,943 (±$2,566)
- Income to afford median rent
- about $50,000
Income in Davis Junction against Ogle County, its state and the nation
| Davis Junction | Ogle County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $107,833 (±$14,786) | $82,132 (±$3,131) | $83,390 (±$362) | $80,734 |
| Median renter household income | $64,943 (±$2,566) | $43,670 (±$6,501) | $50,420 (±$471) | $52,966 |
| Median owner household income | $113,398 (±$13,843) | $91,839 (±$4,746) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,250 (±$766) | $936 (±$37) | $1,274 (±$5) | $1,413 |
In Davis Junction, median household income is higher than in Ogle County ($82,132).
It is also higher than in Illinois ($83,390).
It is higher than the national figure ($80,734).
In Ogle County, Davis Junction ranks 6 of 37 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 399 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 Davis Junction
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 $1,250 a month ($15,000 a year) needs an income of about $50,000 a year.
The median renting household in Davis Junction earns $64,943 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 | $72,031 (±$6,370) | $107,833 (±$14,786) | +49.7% | Up after inflation |
| Median gross rent | $996 (±$212) | $1,250 (±$766) | +25.5% | No measurable change after inflation |
| Median home value | $145,800 (±$7,529) | $205,500 (±$21,073) | +40.9% | 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 Davis Junction
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Davis Junction | — | $107,833 (±$14,786) | — |
| Scott Township (Ogle County) | 1.3 mi | $109,500 (±$14,223) | Not measurably different |
| New Milford | 4.4 mi | $76,458 (±$14,196) | Lower |
| Monroe Township | 4.6 mi | $93,056 (±$16,626) | Not measurably different |
| Stillman Valley | 4.6 mi | $87,833 (±$4,259) | Lower |
| Monroe Center | 5.0 mi | $93,056 (±$11,998) | Not measurably different |
| Marion Township (Ogle County) | 6.7 mi | $104,924 (±$17,562) | Not measurably different |
| White Rock Township | 7.0 mi | $87,917 (±$20,483) | Not measurably different |
| Cherry Valley Township | 7.6 mi | $69,367 (±$3,349) | Lower |
Nearby places with a measurably lower figure: New Milford, IL ($76,458), Stillman Valley, IL ($87,833), Cherry Valley Township, IL ($69,367).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Ogle County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Lafayette Township (Ogle County) | $195,625 (±$145,550) |
| 2 | Rockvale Township | $125,156 (±$38,771) |
| 3 | Pine Creek Township | $110,000 (±$26,523) |
| 4 | Taylor Township | $109,893 (±$9,136) |
| 5 | Scott Township (Ogle County) | $109,500 (±$14,223) |
| 6 | Davis Junction | $107,833 (±$14,786) |
| 7 | Marion Township (Ogle County) | $104,924 (±$17,562) |
| 8 | Maryland Township | $100,469 (±$37,123) |
| 9 (tie) | Monroe Center | $93,056 (±$11,998) |
| 9 (tie) | Monroe Township | $93,056 (±$16,626) |
| 11 | Lynnville Township | $91,607 (±$35,492) |
| 12 | Byron Township | $90,069 (±$14,188) |
Showing 12 of 37 places in Ogle 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 Davis Junction
What is the median household income in Davis Junction?
The median household income in Davis Junction is $107,833 (±$14,786) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Davis Junction?
About $50,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,250 a month.
Have incomes in Davis Junction kept up with inflation?
In Davis Junction, the median household income went from $72,031 in 2015–2019 to $107,833 in 2020–2024 (+49.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Davis Junction?
The median renting household in Davis Junction, IL earns $64,943 (±$2,566) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Davis Junction village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Davis Junction village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Davis Junction village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Davis Junction village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Davis Junction village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Davis Junction 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 Davis Junction village, Illinois (place:18719, in state:17).
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
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- Homeowner costs in Davis Junction
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- Population growth in Davis Junction
- How long people stay in Davis Junction
- Illinois landlord and tenant rules
- Housing across Ogle County
- Illinois places ranked by median household income
- Housing data for every place in Illinois