What is the median household income in Dry Point Township, IL?
The median household income in Dry Point Township, IL is $77,875 (±$13,878) a year (2020–2024 American Community Survey).
Paying the median gross rent of $720 a month would take about $28,800 a year at the common guideline of spending no more than 30% of income on rent.
In Dry Point Township, the median household income went from $38,333 in 2015–2019 to $77,875 in 2020–2024 (+103.2%).
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
- $77,875 (±$13,878)
- Income to afford median rent
- about $28,800
Income in Dry Point Township against Shelby County, its state and the nation
| Dry Point Township | Shelby County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $77,875 (±$13,878) | $72,095 (±$4,523) | $83,390 (±$362) | $80,734 |
| Median renter household income | — | $48,854 (±$9,432) | $50,420 (±$471) | $52,966 |
| Median owner household income | $85,000 (±$18,964) | $82,830 (±$6,152) | $103,505 (±$377) | $100,009 |
| Median gross rent | $720 (±$321) | $814 (±$91) | $1,274 (±$5) | $1,413 |
In Dry Point Township, median household income is not measurably different from Shelby County ($72,095).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Shelby County, Dry Point Township ranks 13 of 34 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1142 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 Dry Point 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 $720 a month ($8,640 a year) needs an income of about $28,800 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 | $38,333 (±$9,091) | $77,875 (±$13,878) | +103.2% | Up after inflation |
| Median gross rent | $674 (±$180) | $720 (±$321) | +6.8% | No measurable change after inflation |
| Median home value | $72,900 (±$17,296) | $107,500 (±$59,916) | +47.5% | 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 Dry Point Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Dry Point Township | — | $77,875 (±$13,878) | — |
| Cowden | 0.3 mi | $62,031 (±$10,852) | Not measurably different |
| Lakewood Township | 4.5 mi | $115,875 (±$41,335) | Not measurably different |
| Beecher City | 5.7 mi | $43,750 (±$15,658) | Lower |
| Bowling Green Township | 5.7 mi | $63,553 (±$3,789) | Not measurably different |
| Herrick Township | 5.9 mi | $64,643 (±$20,794) | Not measurably different |
| Holland Township | 6.0 mi | $60,523 (±$12,320) | Not measurably different |
| Herrick | 6.8 mi | $53,750 (±$16,396) | Lower |
| Liberty Township (Effingham County) | 7.0 mi | $61,471 (±$10,469) | Not measurably different |
Nearby places with a measurably lower figure: Beecher City, IL ($43,750), Herrick, IL ($53,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Shelby County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Rural Township (Shelby County) | $93,958 (±$66,211) |
| 8 | Penn Township (Shelby County) | $87,955 (±$41,216) |
| 9 | Big Spring Township | $86,367 (±$34,918) |
| 10 | Sigel | $85,625 (±$17,848) |
| 11 | Richland Township (Shelby County) | $84,643 (±$12,086) |
| 12 | Tower Hill Township | $78,933 (±$22,945) |
| 13 | Dry Point Township | $77,875 (±$13,878) |
| 14 | Okaw Township | $75,357 (±$7,955) |
| 15 | Oconee | $74,750 (±$18,959) |
| 16 | Clarksburg Township | $73,750 (±$47,957) |
| 17 | Pickaway Township | $70,682 (±$20,721) |
| 18 | Windsor Township | $69,722 (±$15,307) |
| 19 | Moweaqua | $69,625 (±$10,142) |
Showing 13 of 34 places in Shelby 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 Dry Point Township
What is the median household income in Dry Point Township?
The median household income in Dry Point Township is $77,875 (±$13,878) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Dry Point Township?
About $28,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $720 a month.
Have incomes in Dry Point Township kept up with inflation?
In Dry Point Township, the median household income went from $38,333 in 2015–2019 to $77,875 in 2020–2024 (+103.2%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Dry Point township, Shelby County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Dry Point township, Shelby County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Dry Point township, Shelby County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Dry Point township, Shelby County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Dry Point township, Shelby County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Dry Point township, Shelby 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 Dry Point township, Shelby County, Illinois (county subdivision:20851, in state:17 county:173).
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 Dry Point Township at a glance
- Renters and owners in Dry Point Township
- Homeowner costs in Dry Point Township
- Property taxes in Dry Point Township
- Types of homes in Dry Point Township
- Bedrooms in Dry Point Township
- Age of homes in Dry Point Township
- Heating fuel in Dry Point Township
- Commute and cars in Dry Point Township
- Illinois landlord and tenant rules
- Housing across Shelby County
- Illinois places ranked by median household income
- Housing data for every place in Illinois