How many renters in Homewood, IL pay more than 30% of their income on rent?
63.2% (±17.9 points) of renting households in Homewood, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
38.5% spend 35% or more.
The median renting household spends 32.7% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 63.2% (±17.9 points)
- Paying 35% or more
- 38.5% (±12.4 points)
- Median share of income
- 32.7% (±2.0 points)
Rent as a share of income in Homewood
| Share of income spent on rent | Homewood | Cook County | Illinois | United States |
|---|---|---|---|---|
| Less than 15% | 10.4% (±6.7 points) | 13.2% | 14.4% | 12.6% |
| 15% to 19.9% | 4.8% (±4.1 points) | 13.0% | 13.4% | 12.2% |
| 20% to 24.9% | 12.2% (±7.5 points) | 13.3% | 13.1% | 12.6% |
| 25% to 29.9% | 9.4% (±5.3 points) | 11.6% | 11.2% | 11.5% |
| 30% to 34.9% | 24.7% (±12.9 points) | 9.0% | 8.9% | 9.2% |
| 35% or more | 38.5% (±12.4 points) | 39.9% | 39.0% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Homewood against Cook County, its state and the nation
| Homewood | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 63.2% (±17.9 points) | 48.9% (±0.7 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 38.5% (±12.4 points) | 39.9% (±0.6 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 32.7% (±2.0 points) | 29.5% (±0.3 points) | 29.1% (±0.2 points) | 30.6% |
| Median renter household income | $64,387 (±$13,782) | $55,388 (±$886) | $50,420 (±$471) | $52,966 |
| Median gross rent | $1,333 (±$312) | $1,435 (±$7) | $1,274 (±$5) | $1,413 |
In Homewood, the share of renters paying 30% or more of income is not measurably different from Cook County (48.9%).
It is not measurably different from Illinois (47.9%).
It is not measurably different from the national figure (51.1%).
In Cook County, Homewood ranks 21 of 148 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 341 of 2,503.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Homewood
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Homewood | — | 63.2% (±17.9 points) | — |
| East Hazel Crest | 1.3 mi | 75.5% (±21.6 points) | Not measurably different |
| Hazel Crest | 1.7 mi | 34.7% (±15.3 points) | Lower |
| Flossmoor | 1.9 mi | 13.9% (±29.0 points) | Lower |
| Thornton | 2.4 mi | 65.8% (±31.2 points) | Not measurably different |
| Glenwood | 2.9 mi | 57.1% (±19.2 points) | Not measurably different |
| Olympia Fields | 3.0 mi | 94.5% (±18.2 points) | Higher |
| Markham | 3.2 mi | 77.8% (±15.6 points) | Not measurably different |
| Country Club Hills | 3.3 mi | 58.2% (±15.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Hazel Crest, IL (34.7%), Flossmoor, IL (13.9%).
Nearby places with a measurably higher figure: Olympia Fields, IL (94.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Cook County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 15 (tie) | Ford Heights | 68.2% (±23.1 points) |
| 15 (tie) | South Chicago Heights | 68.2% (±22.4 points) |
| 17 | Thornton | 65.8% (±31.2 points) |
| 18 | Stone Park | 65.1% (±21.1 points) |
| 19 | Thornton Township | 64.6% (±4.2 points) |
| 20 | Calumet City | 63.6% (±7.8 points) |
| 21 | Homewood | 63.2% (±17.9 points) |
| 22 | Palos Hills | 62.6% (±15.9 points) |
| 23 | Calumet Park | 62.3% (±18.8 points) |
| 24 | Palos Heights | 62.2% (±31.0 points) |
| 25 | Calumet Township | 61.4% (±9.6 points) |
| 26 | Harvey | 61.1% (±10.2 points) |
| 27 (tie) | Burbank | 60.5% (±10.5 points) |
Showing 13 of 148 places in Cook County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Homewood
Are renters in Homewood rent-burdened?
63.2% of renting households in Homewood pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Homewood spend on rent?
The median renting household in Homewood, IL spends 32.7% (±2.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Homewood village, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Homewood village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Homewood village, Illinois
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 Homewood village, Illinois (place:35879, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Income and affordability in Homewood
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- Property taxes in Homewood
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- Bedrooms in Homewood
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- Population growth in Homewood
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- Fair Market Rent in Homewood
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by rent burden
- Housing data for every place in Illinois