What percentage of people rent in Hope Township, IL?
14.3% (±5.5 points) of the occupied homes in Hope Township, IL are rented (2020–2024 American Community Survey).
That is 37 renting households against 222 that own their home.
In Hope Township, the share of households that rent went from 25.9% in 2015–2019 to 14.3% in 2020–2024 (−11.6 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 14.3% (±5.5 points)
- Renting households
- 37 (±15)
- Median renter income
- $44,688 (±$25,369)
Who rents and who owns in Hope Township
| Hope Township | LaSalle County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.3% (±5.5 points) | 25.6% (±1.4 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 37 (±15) | 11,595 (±690) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 222 (±39) | 33,778 (±705) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.3 (±0.6) | 2.1 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.3) | 2.4 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $44,688 (±$25,369) | $39,487 (±$2,685) | $50,420 (±$471) | $52,966 |
| Median owner household income | $100,833 (±$12,425) | $85,684 (±$1,902) | $103,505 (±$377) | $100,009 |
In Hope Township, the renter share is lower than in LaSalle County (25.6%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In LaSalle County, Hope Township ranks 40 of 62 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1772 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hope Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 25.9% (±8.2 points) | 14.3% (±5.5 points) | −11.6 percentage points | Measurable decrease |
| Median gross rent | $900 (±$152) | $975 (±$356) | +8.3% | No measurable change after inflation |
| Median household income | $66,375 (±$13,985) | $95,625 (±$27,897) | +44.1% | 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 Hope Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hope Township | — | 14.3% (±5.5 points) | — |
| Lostant | 2.6 mi | 19.3% (±7.8 points) | Not measurably different |
| Richland Township (LaSalle County) | 5.0 mi | 9.3% (±7.4 points) | Not measurably different |
| Tonica | 5.0 mi | 15.7% (±8.4 points) | Not measurably different |
| Magnolia | 5.3 mi | 25.2% (±15.9 points) | Not measurably different |
| Evans Township | 5.3 mi | 31.4% (±8.9 points) | Higher |
| McNabb | 5.8 mi | 21.3% (±15.3 points) | Not measurably different |
| Eden Township | 6.1 mi | 16.9% (±6.7 points) | Not measurably different |
| Magnolia Township | 6.6 mi | 19.0% (±9.4 points) | Not measurably different |
Nearby places with a measurably higher figure: Evans Township, IL (31.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across LaSalle County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 34 | Tonica | 15.7% (±8.4 points) |
| 35 | Leonore | 15.2% (±14.8 points) |
| 36 (tie) | Grand Ridge | 14.9% (±7.3 points) |
| 36 (tie) | Serena Township | 14.9% (±9.4 points) |
| 38 | Dana | 14.8% (±10.5 points) |
| 39 | Farm Ridge Township | 14.6% (±6.5 points) |
| 40 | Hope Township | 14.3% (±5.5 points) |
| 41 | Ransom | 13.5% (±8.1 points) |
| 42 | Allen Township | 13.0% (±8.3 points) |
| 43 | Waltham Township | 12.4% (±8.8 points) |
| 44 | Ophir Township | 12.0% (±14.7 points) |
| 45 | Troy Grove | 11.7% (±11.0 points) |
| 46 (tie) | Rutland | 10.5% (±8.5 points) |
Showing 13 of 62 places in LaSalle 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 Hope Township
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Questions about Hope Township
How many renters are there in Hope Township?
Hope Township has an estimated 37 (±15) renting households, 14.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hope Township?
In Hope Township, the share of households that rent went from 25.9% in 2015–2019 to 14.3% in 2020–2024 (−11.6 percentage points), a measurable decrease.
How big are renting households in Hope Township?
A renting household in Hope Township has 2.3 people on average, against 2.5 in an owned home.
How much do renters earn in Hope Township?
The median renting household in Hope Township, IL has an income of $44,688 (±$25,369) a year, against $100,833 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hope township, LaSalle County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hope township, LaSalle County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hope township, LaSalle County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hope township, LaSalle County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hope township, LaSalle 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 Hope township, LaSalle County, Illinois (county subdivision:36100, in state:17 county:099).
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 Hope Township at a glance
- Income and affordability in Hope Township
- Home values in Hope Township
- Homeowner costs in Hope Township
- Property taxes in Hope Township
- Types of homes in Hope Township
- Bedrooms in Hope Township
- Age of homes in Hope Township
- Heating fuel in Hope Township
- Commute and cars in Hope Township
- How long people stay in Hope Township
- Illinois landlord and tenant rules
- Housing across LaSalle County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois