What percentage of people rent in Hennepin Township, IL?
16.4% (±5.7 points) of the occupied homes in Hennepin Township, IL are rented (2020–2024 American Community Survey).
That is 96 renting households against 489 that own their home.
In Hennepin Township, the share of households that rent went from 26.5% in 2015–2019 to 16.4% in 2020–2024 (−10.1 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 16.4% (±5.7 points)
- Renting households
- 96 (±35)
- Median renter income
- $78,333 (±$32,027)
Who rents and who owns in Hennepin Township
| Hennepin Township | Putnam County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.4% (±5.7 points) | 18.5% (±2.7 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 96 (±35) | 457 (±72) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 489 (±76) | 2,008 (±125) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.1 (±0.4) | 2.0 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.3) | 2.3 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $78,333 (±$32,027) | $44,321 (±$4,098) | $50,420 (±$471) | $52,966 |
| Median owner household income | $106,964 (±$47,548) | $82,097 (±$7,548) | $103,505 (±$377) | $100,009 |
In Hennepin Township, the renter share is not measurably different from Putnam County (18.5%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Putnam County, Hennepin Township ranks 9 of 10 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1574 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hennepin Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 26.5% (±7.3 points) | 16.4% (±5.7 points) | −10.1 percentage points | Measurable decrease |
| Median gross rent | $783 (±$94) | $849 (±$47) | +8.4% | No measurable change after inflation |
| Median household income | $65,938 (±$6,013) | $89,306 (±$15,236) | +35.4% | 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 Hennepin Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hennepin Township | — | 16.4% (±5.7 points) | — |
| Hennepin | 2.4 mi | 25.8% (±8.1 points) | Not measurably different |
| Mark | 3.8 mi | 25.6% (±8.4 points) | Not measurably different |
| Granville | 4.8 mi | 18.5% (±5.9 points) | Not measurably different |
| Granville Township | 5.2 mi | 23.9% (±4.5 points) | Higher |
| McNabb | 5.4 mi | 21.3% (±15.3 points) | Not measurably different |
| Leepertown Township | 5.5 mi | 41.5% (±13.2 points) | Higher |
| Bureau Junction | 6.0 mi | 37.5% (±12.8 points) | Higher |
| Magnolia Township | 6.2 mi | 19.0% (±9.4 points) | Not measurably different |
Nearby places with a measurably higher figure: Granville Township, IL (23.9%), Leepertown Township, IL (41.5%), Bureau Junction, IL (37.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Putnam County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 3 | Magnolia | 25.2% (±15.9 points) |
| 4 | Granville Township | 23.9% (±4.5 points) |
| 5 | Standard | 21.6% (±9.8 points) |
| 6 | McNabb | 21.3% (±15.3 points) |
| 7 | Magnolia Township | 19.0% (±9.4 points) |
| 8 | Granville | 18.5% (±5.9 points) |
| 9 | Hennepin Township | 16.4% (±5.7 points) |
| 10 | Senachwine Township | 0.0% (±12.0 points) |
Showing 8 of 10 places in Putnam 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 Hennepin Township
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Questions about Hennepin Township
How many renters are there in Hennepin Township?
Hennepin Township has an estimated 96 (±35) renting households, 16.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hennepin Township?
In Hennepin Township, the share of households that rent went from 26.5% in 2015–2019 to 16.4% in 2020–2024 (−10.1 percentage points), a measurable decrease.
How big are renting households in Hennepin Township?
A renting household in Hennepin Township has 2.1 people on average, against 2.5 in an owned home.
How much do renters earn in Hennepin Township?
The median renting household in Hennepin Township, IL has an income of $78,333 (±$32,027) a year, against $106,964 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hennepin township, Putnam County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hennepin township, Putnam County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hennepin township, Putnam County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hennepin township, Putnam County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hennepin township, Putnam 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 Hennepin township, Putnam County, Illinois (county subdivision:34124, in state:17 county:155).
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 Hennepin Township at a glance
- Income and affordability in Hennepin Township
- Home values in Hennepin Township
- Homeowner costs in Hennepin Township
- Property taxes in Hennepin Township
- Types of homes in Hennepin Township
- Bedrooms in Hennepin Township
- Age of homes in Hennepin Township
- Heating fuel in Hennepin Township
- Commute and cars in Hennepin Township
- Population growth in Hennepin Township
- How long people stay in Hennepin Township
- Illinois landlord and tenant rules
- Housing across Putnam County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois