What is the median household income in Guilford Township, IL?
The median household income in Guilford Township, IL is $115,647 (±$9,372) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,308 a month would take about $52,300 a year at the common guideline of spending no more than 30% of income on rent.
In Guilford Township, the median household income went from $78,409 in 2015–2019 to $115,647 in 2020–2024 (+47.5%).
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
- $115,647 (±$9,372)
- Income to afford median rent
- about $52,300
Income in Guilford Township against Jo Daviess County, its state and the nation
| Guilford Township | Jo Daviess County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $115,647 (±$9,372) | $73,993 (±$4,296) | $83,390 (±$362) | $80,734 |
| Median renter household income | — | $35,884 (±$5,468) | $50,420 (±$471) | $52,966 |
| Median owner household income | $115,560 (±$8,938) | $88,176 (±$7,407) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,308 (±$229) | $825 (±$42) | $1,274 (±$5) | $1,413 |
In Guilford Township, median household income is higher than in Jo Daviess County ($73,993).
It is also higher than in Illinois ($83,390).
It is higher than the national figure ($80,734).
In Jo Daviess County, Guilford Township ranks 4 of 33 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 286 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 Guilford 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 $1,308 a month ($15,696 a year) needs an income of about $52,300 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 | $78,409 (±$12,243) | $115,647 (±$9,372) | +47.5% | Up after inflation |
| Median gross rent | $1,556 (±$268) | $1,308 (±$229) | −15.9% | Down after inflation |
| Median home value | $304,600 (±$24,672) | $358,400 (±$28,634) | +17.7% | 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 Guilford Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Guilford Township | — | $115,647 (±$9,372) | — |
| The Galena Territory | 3.2 mi | $117,548 (±$12,260) | Not measurably different |
| Scales Mound | 3.9 mi | $69,141 (±$9,271) | Lower |
| Scales Mound Township | 4.5 mi | $69,762 (±$9,372) | Lower |
| East Galena Township | 5.2 mi | $103,008 (±$14,376) | Not measurably different |
| Council Hill Township | 5.9 mi | $100,500 (±$96,558) | Not measurably different |
| Thompson Township | 6.1 mi | $108,750 (±$24,386) | Not measurably different |
| Elizabeth Township | 7.3 mi | $66,250 (±$16,370) | Lower |
| Town of White Oak Springs | 7.7 mi | $77,813 (±$12,201) | Lower |
Nearby places with a measurably lower figure: Scales Mound, IL ($69,141), Scales Mound Township, IL ($69,762), Elizabeth Township, IL ($66,250).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Jo Daviess County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Rice Township | $129,333 (±$70,995) |
| 2 | Menominee | $118,750 (±$44,380) |
| 3 | The Galena Territory | $117,548 (±$12,260) |
| 4 | Guilford Township | $115,647 (±$9,372) |
| 5 | Thompson Township | $108,750 (±$24,386) |
| 6 | East Galena Township | $103,008 (±$14,376) |
| 7 | Vinegar Hill Township | $100,977 (±$41,707) |
| 8 | Council Hill Township | $100,500 (±$96,558) |
| 9 | Woodbine Township | $93,125 (±$46,704) |
| 10 | Derinda Township | $92,000 (±$3,287) |
Showing 10 of 33 places in Jo Daviess 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 Guilford Township
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Questions about Guilford Township
What is the median household income in Guilford Township?
The median household income in Guilford Township is $115,647 (±$9,372) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Guilford Township?
About $52,300 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,308 a month.
Have incomes in Guilford Township kept up with inflation?
In Guilford Township, the median household income went from $78,409 in 2015–2019 to $115,647 in 2020–2024 (+47.5%).
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 — Guilford township, Jo Daviess County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Guilford township, Jo Daviess County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Guilford township, Jo Daviess County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Guilford township, Jo Daviess County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Guilford township, Jo Daviess County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Guilford township, Jo Daviess 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 Guilford township, Jo Daviess County, Illinois (county subdivision:31979, in state:17 county:085).
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 Guilford Township at a glance
- Home values in Guilford Township
- Homeowner costs in Guilford Township
- Property taxes in Guilford Township
- Types of homes in Guilford Township
- Bedrooms in Guilford Township
- Age of homes in Guilford Township
- Heating fuel in Guilford Township
- Commute and cars in Guilford Township
- Population growth in Guilford Township
- How long people stay in Guilford Township
- Illinois landlord and tenant rules
- Housing across Jo Daviess County
- Illinois places ranked by median household income
- Housing data for every place in Illinois