What is the median household income in Hensley Township, IL?
The median household income in Hensley Township, IL is $108,081 (±$7,312) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,181 a month would take about $47,200 a year at the common guideline of spending no more than 30% of income on rent.
In Hensley Township, the median household income went from $61,579 in 2015–2019 to $108,081 in 2020–2024 (+75.5%).
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
- $108,081 (±$7,312)
- Median renter income
- $73,750 (±$33,401)
- Income to afford median rent
- about $47,200
Income in Hensley Township against Champaign County, its state and the nation
| Hensley Township | Champaign County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $108,081 (±$7,312) | $63,683 (±$1,675) | $83,390 (±$362) | $80,734 |
| Median renter household income | $73,750 (±$33,401) | $33,434 (±$1,390) | $50,420 (±$471) | $52,966 |
| Median owner household income | $108,944 (±$13,294) | $101,708 (±$3,128) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,181 (±$644) | $1,051 (±$21) | $1,274 (±$5) | $1,413 |
In Hensley Township, median household income is higher than in Champaign County ($63,683).
It is also higher than in Illinois ($83,390).
It is higher than the national figure ($80,734).
In Champaign County, Hensley Township ranks 13 of 54 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 394 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 Hensley 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 $1,181 a month ($14,172 a year) needs an income of about $47,200 a year.
The median renting household in Hensley Township earns $73,750 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 | $61,579 (±$16,607) | $108,081 (±$7,312) | +75.5% | Up after inflation |
| Median home value | $166,400 (±$42,802) | $149,200 (±$55,259) | −10.3% | 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 Hensley Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Hensley Township | — | $108,081 (±$7,312) | — |
| Lake of the Woods | 4.3 mi | $61,625 (±$23,542) | Lower |
| Mahomet | 4.8 mi | $118,586 (±$11,263) | Not measurably different |
| Condit Township | 5.0 mi | $111,607 (±$44,968) | Not measurably different |
| Champaign | 5.1 mi | $56,118 (±$3,560) | Lower |
| Champaign City Township | 5.1 mi | $56,118 (±$3,560) | Lower |
| Mahomet Township | 5.8 mi | $115,615 (±$12,850) | Not measurably different |
| Bondville | 6.3 mi | $71,250 (±$12,578) | Lower |
| Champaign Township | 6.6 mi | $100,063 (±$15,993) | Not measurably different |
Nearby places with a measurably lower figure: Lake of the Woods, IL ($61,625), Champaign, IL ($56,118), Champaign City Township, IL ($56,118).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Champaign County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | St. Joseph Township | $116,250 (±$16,860) |
| 8 | Mahomet Township | $115,615 (±$12,850) |
| 9 | Crittenden Township | $114,519 (±$49,015) |
| 10 | Philo Township | $113,201 (±$6,263) |
| 11 | Condit Township | $111,607 (±$44,968) |
| 12 | Newcomb Township | $109,265 (±$22,794) |
| 13 | Hensley Township | $108,081 (±$7,312) |
| 14 | Sidney Township | $107,222 (±$21,978) |
| 15 | Philo | $105,625 (±$20,790) |
| 16 | Sadorus Township | $105,313 (±$24,398) |
| 17 | Somer Township | $103,793 (±$55,359) |
| 18 | Scott Township (Champaign County) | $101,875 (±$59,019) |
| 19 | Champaign Township | $100,063 (±$15,993) |
Showing 13 of 54 places in Champaign 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 Hensley Township
What is the median household income in Hensley Township?
The median household income in Hensley Township is $108,081 (±$7,312) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Hensley Township?
About $47,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,181 a month.
Have incomes in Hensley Township kept up with inflation?
In Hensley Township, the median household income went from $61,579 in 2015–2019 to $108,081 in 2020–2024 (+75.5%).
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 Hensley Township?
The median renting household in Hensley Township, IL earns $73,750 (±$33,401) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Hensley township, Champaign County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hensley township, Champaign County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hensley township, Champaign County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hensley township, Champaign County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hensley township, Champaign County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Hensley township, Champaign 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 Hensley township, Champaign County, Illinois (county subdivision:34189, in state:17 county:019).
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 Hensley Township at a glance
- Home values in Hensley Township
- Homeowner costs in Hensley Township
- Property taxes in Hensley Township
- Types of homes in Hensley Township
- Age of homes in Hensley Township
- Heating fuel in Hensley Township
- Commute and cars in Hensley Township
- Illinois landlord and tenant rules
- Housing across Champaign County
- Illinois places ranked by median household income
- Housing data for every place in Illinois