What percentage of people rent in Elwood Township, IL?

23.5% (±8.6 points) of the occupied homes in Elwood Township, IL are rented (2020–2024 American Community Survey).

That is 119 renting households against 387 that own their home.

In Elwood Township, the share of households that rent went from 31.3% in 2015–2019 to 23.5% in 2020–2024 (−7.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
23.5% (±8.6 points)
Renting households
119 (±50)
Median renter income
$39,875 (±$14,658)

Who rents and who owns in Elwood Township

Tenure, estimate (90% margin of error)
Elwood TownshipVermilion CountyIllinoisUnited States
Renter-occupied share23.5% (±8.6 points)29.8% (±1.9 points)32.9% (±0.2 points)34.8%
Renting households119 (±50)8,955 (±586)1,657,539 (±10,322)45,017,354
Owning households387 (±87)21,129 (±605)3,378,910 (±14,728)84,210,142
Average renter household size2.5 (±0.7)2.2 (±0.1)2.2 (±0.0)2.3
Average owner household size2.5 (±0.3)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$39,875 (±$14,658)$32,465 (±$3,456)$50,420 (±$471)$52,966
Median owner household income$64,063 (±$12,199)$74,375 (±$3,099)$103,505 (±$377)$100,009

In Elwood Township, the renter share is not measurably different from Vermilion County (29.8%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Vermilion County, Elwood Township ranks 18 of 40 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 944 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Elwood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.3% (±7.5 points)23.5% (±8.6 points)−7.8 percentage pointsNot a measurable change
Median gross rent$699 (±$40)$771 (±$184)+10.3%No measurable change after inflation
Median household income$44,423 (±$9,608)$54,375 (±$8,974)+22.4%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 Elwood Township

Nearest places with a published estimate, compared with Elwood Township
PlaceDistanceHouseholds that rentCompared with this place
Elwood Township—23.5% (±8.6 points)—
Ridge Farm1.5 mi30.1% (±10.7 points)Not measurably different
Love Township2.7 mi0.0% (±37.8 points)Not measurably different
Georgetown4.6 mi25.7% (±9.1 points)Not measurably different
Indianola5.9 mi10.8% (±10.9 points)Not measurably different
Prairie Township (Edgar County)6.0 mi0.0% (±33.9 points)Not measurably different
Carroll Township6.1 mi8.6% (±6.6 points)Lower
Georgetown Township6.4 mi25.2% (±6.2 points)Not measurably different
Ross Township (Edgar County)6.6 mi36.3% (±11.0 points)Not measurably different

Nearby places with a measurably lower figure: Carroll Township, IL (8.6%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Vermilion County, place by place

RankPlaceHouseholds that rent
11 (tie)South Ross Township26.4% (±11.2 points)
13Allerton26.3% (±12.4 points)
14Georgetown25.7% (±9.1 points)
15Georgetown Township25.2% (±6.2 points)
16Tilton24.8% (±9.3 points)
17Potomac24.0% (±10.3 points)
18Elwood Township23.5% (±8.6 points)
19Butler Township22.4% (±12.1 points)
20Oakwood22.3% (±7.4 points)
21Jamaica Township21.9% (±31.2 points)
22Catlin21.2% (±7.2 points)
23Fairmount20.6% (±9.9 points)
24Oakwood Township20.2% (±5.8 points)

Showing 13 of 40 places in Vermilion 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 Elwood Township

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Questions about Elwood Township

How many renters are there in Elwood Township?

Elwood Township has an estimated 119 (±50) renting households, 23.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Elwood Township?

In Elwood Township, the share of households that rent went from 31.3% in 2015–2019 to 23.5% in 2020–2024 (−7.8 percentage points), not a measurable change.

How big are renting households in Elwood Township?

A renting household in Elwood Township has 2.5 people on average, against 2.5 in an owned home.

How much do renters earn in Elwood Township?

The median renting household in Elwood Township, IL has an income of $39,875 (±$14,658) a year, against $64,063 for households that own their home.

Sources

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 Elwood township, Vermilion County, Illinois (county subdivision:23932, in state:17 county:183).

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.

Request a Census API 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 .

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