What is the median household income in Independence Township, IL?
The median household income in Independence Township, IL is $79,375 (±$32,007) a year (2020–2024 American Community Survey).
In Independence Township, the median household income went from $69,125 in 2015–2019 to $79,375 in 2020–2024 (+14.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $79,375 (±$32,007)
- Median renter income
- $40,809 (±$4,408)
Income in Independence Township against Saline County, its state and the nation
| Independence Township | Saline County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $79,375 (±$32,007) | $53,117 (±$2,764) | $83,390 (±$362) | $80,734 |
| Median renter household income | $40,809 (±$4,408) | $26,548 (±$2,975) | $50,420 (±$471) | $52,966 |
| Median owner household income | $107,054 (±$41,319) | $69,346 (±$6,484) | $103,505 (±$377) | $100,009 |
| Median gross rent | — | $726 (±$60) | $1,274 (±$5) | $1,413 |
In Independence Township, median household income is not measurably different from Saline County ($53,117).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Saline County, Independence Township ranks 3 of 16 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1090 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $69,125 (±$15,976) | $79,375 (±$32,007) | +14.8% | No measurable change after inflation |
| Median home value | $125,000 (±$35,776) | $168,500 (±$18,630) | +34.8% | 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 Independence Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Independence Township | — | $79,375 (±$32,007) | — |
| Carrier Mills | 5.6 mi | $50,729 (±$13,743) | Not measurably different |
| Mountain Township | 6.2 mi | $112,841 (±$72,942) | Not measurably different |
| Harrisburg Township | 6.2 mi | $46,474 (±$8,354) | Not measurably different |
| Stonefort Township | 6.5 mi | $68,750 (±$48,863) | Not measurably different |
| Harrisburg | 6.7 mi | $43,415 (±$5,308) | Lower |
| Carrier Mills Township | 6.8 mi | $53,189 (±$6,195) | Not measurably different |
| Stonefort | 8.8 mi | $56,477 (±$17,796) | Not measurably different |
| Eddyville | 10.0 mi | $28,864 (±$7,549) | Lower |
Nearby places with a measurably lower figure: Harrisburg, IL ($43,415), Eddyville, IL ($28,864).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Saline County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Mountain Township | $112,841 (±$72,942) |
| 2 | Raleigh Township | $90,515 (±$31,473) |
| 3 | Independence Township | $79,375 (±$32,007) |
| 4 | Brushy Township | $76,131 (±$17,411) |
| 5 | Stonefort Township | $68,750 (±$48,863) |
| 6 | Tate Township | $65,625 (±$60,362) |
| 7 | Stonefort | $56,477 (±$17,796) |
| 8 | Carrier Mills Township | $53,189 (±$6,195) |
| 9 | East Eldorado Township | $51,125 (±$20,670) |
Showing 9 of 16 places in Saline 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 Independence Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Independence Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Independence Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Independence Township, and send estimates and invoices from your phone.
Questions about Independence Township
What is the median household income in Independence Township?
The median household income in Independence Township is $79,375 (±$32,007) a year (2020–2024 American Community Survey).
Have incomes in Independence Township kept up with inflation?
In Independence Township, the median household income went from $69,125 in 2015–2019 to $79,375 in 2020–2024 (+14.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Independence Township?
The median renting household in Independence Township, IL earns $40,809 (±$4,408) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Independence township, Saline County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Independence township, Saline County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Independence township, Saline County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Independence township, Saline County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Independence township, Saline County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Independence township, Saline 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 Independence township, Saline County, Illinois (county subdivision:37205, in state:17 county:165).
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 Independence Township at a glance
- Home values in Independence Township
- Homeowner costs in Independence Township
- Property taxes in Independence Township
- Types of homes in Independence Township
- Heating fuel in Independence Township
- Commute and cars in Independence Township
- Population growth in Independence Township
- Illinois landlord and tenant rules
- Housing across Saline County
- Illinois places ranked by median household income
- Housing data for every place in Illinois