Housing data for Homer Township, IL

Homer Township, IL has an estimated 40,989 residents and 14,119 homes (US Census Bureau, 2020–2024 American Community Survey).

It is a township in Will County.

6.3% of households rent.

The median gross rent is $1,888 a month.

Its population grew measurably since 2015–2019 (+3.8%).

Figures last updated on .

Residents
40,989 (±67)
Housing units
14,119 (±412)
Households that rent
6.3%
Median gross rent
$1,888
Residents since 2015–2019
+3.8%

What stands out in Homer Township

Households that rent: 6.3% (±1.5 points) in Homer Township, lower than in Will County (17.2%).

Homes in buildings of 5 or more units: 3.5% (±0.9 points) in Homer Township, lower than in Will County (8.2%).

Median gross rent: $1,888 (±$116) in Homer Township, higher than in Will County ($1,462).

Median home value: $409,700 (±$11,204) in Homer Township, higher than in Will County ($319,600).

Housing in Homer Township at a glance

Homer Township against Will County, its state and the nation

Estimate (90% margin of error)
Homer TownshipWill CountyIllinoisUnited States
Residents40,989 (±67)701,462 (exact)12,694,798 (exact)334,922,499
Housing units14,119 (±412)254,278 (±158)5,457,452 (±471)143,775,355
Households that rent6.3% (±1.5 points)17.2% (±0.6 points)32.9% (±0.2 points)34.8%
Median gross rent$1,888 (±$116)$1,462 (±$33)$1,274 (±$5)$1,413
Median household income$135,645 (±$7,363)$109,984 (±$1,819)$83,390 (±$362)$80,734
Median home value$409,700 (±$11,204)$319,600 (±$3,152)$263,300 (±$797)$332,700
Median real estate taxes (a year)$9,045 (±$246)$7,173 (±$64)$5,298 (±$22)$3,119
Built before 198023.1% (±2.2 points)37.1% (±0.8 points)63.4% (±0.2 points)49.7%
Average commute35.5 minutes (±2.6)31.4 minutes (±0.5)27.8 minutes (±0.1)26.4 minutes
Households with broadband96.1% (±1.0 points)94.1% (±0.4 points)90.8% (±0.1 points)91.0%
Median age of residents40.1 years (±0.9)39.1 years (±0.2)39.0 years (±0.1)38.9 years

Homer Township covers 36.0 square miles of land, about 1,138 residents per square mile (Census Bureau Gazetteer).

How Homer Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents39,498 (±28)40,989 (±67)+3.8%Measurable increase
Housing units13,489 (±277)14,119 (±412)+4.7%Measurable increase
Median gross rent$1,616 (±$135)$1,888 (±$116)+16.8%No measurable change after inflation
Median home value$315,700 (±$5,675)$409,700 (±$11,204)+29.8%Up after inflation
Median household income$105,005 (±$4,115)$135,645 (±$7,363)+29.2%No measurable change after inflation
Median owner cost with a mortgage$2,313 (±$44)$2,606 (±$92)+12.7%Down after inflation
Median real estate taxes$7,983 (±$176)$9,045 (±$246)+13.3%Down after inflation
Households that rent7.6% (±1.4 points)6.3% (±1.5 points)−1.3 percentage pointsNot a measurable change
Rental vacancy rate1.7% (±2.5 points)9.9% (±8.2 points)+8.2 percentage pointsNot a measurable change

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.

ZIP codes in Homer Township

ZIP Code Tabulation Areas that cover this place (2020–2024 estimates)
ZIP codeShare of the ZIP’s land in this placeResidentsMedian gross rentMedian home valueMedian household income
60491100%22,757$1,823$424,700$138,571
6044125%36,844$1,578$297,300$103,374

A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.

Places near Homer Township

Nearest places with Census figures, by straight-line distance
PlaceDistanceMedian gross rentMedian home valueHouseholds that rent
Homer Glen1.1 mi$1,861$418,8005.1%
Lockport3.4 mi$1,525$316,00015.4%
Lemont5.3 mi$1,209$468,80012.4%
Lemont Township5.3 mi$1,025$484,40014.2%
Fairmont5.3 mi$1,455$182,30030.1%
Orland Park5.5 mi$1,440$367,20014.2%
New Lenox Township5.6 mi$1,429$388,1006.5%
New Lenox5.7 mi$1,431$399,9007.6%

Places in Illinois most like Homer Township

PlaceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
Homer Glen$1,861$418,800$136,6785.1%
Prairie Grove$1,917$467,600$141,3893.8%
Port Barrington$1,900$379,600$149,8863.0%
Sugar Grove Township$1,726$366,100$125,0788.1%
Frankfort$2,442$481,200$154,3755.2%
Shorewood$1,479$337,800$122,1053.2%

Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.

HUD Fair Market Rent for Homer Township, fiscal year 2027

Chicago-Joliet-Naperville, IL HUD Metro FMR Area, dollars a month
Studio1 bedroom2 bedrooms3 bedrooms4 bedrooms
$1,678$1,780$2,011$2,586$2,954

HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.

HUD income limits for Homer Township, fiscal year 2026

Chicago-Joliet-Naperville, IL HUD Metro FMR Area, annual household income
Household sizeExtremely low (30%)Very low (50%)Low (80%)
1 person$25,550$42,550$68,050
2 people$29,200$48,600$77,800
3 people$32,850$54,700$87,500
4 people$36,450$60,750$97,200
5 people$39,400$65,650$105,000
6 people$44,360$70,500$112,800
7 people$50,040$75,350$120,550
8 people$55,720$80,200$128,350

These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.

A program can use its own limits; tax-credit and local programs often do.

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 Homer Township

What is the average rent in Homer Township, IL?

The Census Bureau publishes the median rather than the average: the median gross rent in Homer Township is $1,888 (±$116) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much is a one-bedroom apartment in Homer Township?

The median gross rent for a one-bedroom home in Homer Township, IL is $1,907 (±$289) a month (2020–2024 American Community Survey).

Are renters in Homer Township rent-burdened?

63.3% of renting households in Homer Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

How many renters are there in Homer Township?

Homer Township has an estimated 861 (±198) renting households, 6.3% of its occupied homes (2020–2024 American Community Survey).

What is the median household income in Homer Township?

The median household income in Homer Township is $135,645 (±$7,363) a year (2020–2024 American Community Survey).

What is the average home value in Homer Township, IL?

The Census Bureau publishes the median: $409,700 (±$11,204) for owner-occupied homes in Homer Township (2020–2024 American Community Survey).

Is Homer Township growing?

In Homer Township, the number of residents went from 39,498 in 2015–2019 to 40,989 in 2020–2024 (+3.8%), a measurable increase.

What ZIP codes are in Homer Township?

The ZIP codes that cover Homer Township are 60491, 60441.

What is the median rent in ZIP code 60491?

The median gross rent in ZIP Code Tabulation Area 60491 is $1,823 (±$209) a month (2020–2024 American Community Survey).

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) for Homer township, Will County, Illinois (county subdivision:35827, in state:17 county:197).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M

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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