What percentage of people rent in Indian Point Township, IL?
23.7% (±9.8 points) of the occupied homes in Indian Point Township, IL are rented (2020–2024 American Community Survey).
That is 143 renting households against 461 that own their home.
In Indian Point Township, the share of households that rent went from 29.0% in 2015–2019 to 23.7% in 2020–2024 (−5.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 23.7% (±9.8 points)
- Renting households
- 143 (±69)
- Median renter income
- $50,045 (±$33,088)
Who rents and who owns in Indian Point Township
| Indian Point Township | Knox County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 23.7% (±9.8 points) | 29.2% (±1.9 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 143 (±69) | 6,120 (±424) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 461 (±99) | 14,852 (±496) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.7 (±1.2) | 2.0 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.5) | 2.2 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $50,045 (±$33,088) | $33,454 (±$3,818) | $50,420 (±$471) | $52,966 |
| Median owner household income | $71,979 (±$29,549) | $71,626 (±$2,682) | $103,505 (±$377) | $100,009 |
In Indian Point Township, the renter share is not measurably different from Knox County (29.2%).
It is not measurably different from Illinois (32.9%).
It is lower than the national figure (34.8%).
In Knox County, Indian Point Township ranks 8 of 35 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 935 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Indian Point Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.0% (±10.4 points) | 23.7% (±9.8 points) | −5.3 percentage points | Not a measurable change |
| Median gross rent | $668 (±$164) | $678 (±$151) | +1.5% | No measurable change after inflation |
| Median household income | $46,932 (±$13,741) | $62,586 (±$15,740) | +33.4% | 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 Indian Point Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Indian Point Township | — | 23.7% (±9.8 points) | — |
| Abingdon | 2.7 mi | 29.0% (±9.1 points) | Not measurably different |
| St. Augustine | 3.1 mi | 12.7% (±13.0 points) | Not measurably different |
| Berwick Township | 5.1 mi | 0.0% (±35.0 points) | Not measurably different |
| Cedar Township | 5.2 mi | 22.2% (±8.7 points) | Not measurably different |
| Chestnut Township | 5.6 mi | 16.3% (±17.9 points) | Not measurably different |
| Union Township (Fulton County) | 7.0 mi | 14.9% (±7.2 points) | Not measurably different |
| Avon | 7.5 mi | 12.3% (±7.1 points) | Not measurably different |
| London Mills | 7.6 mi | 14.3% (±9.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Knox County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 (tie) | Galesburg City Township | 37.8% (±2.9 points) |
| 3 | Abingdon | 29.0% (±9.1 points) |
| 4 | Lynn Township (Knox County) | 26.3% (±30.9 points) |
| 5 | Wataga | 25.7% (±12.5 points) |
| 6 | Henderson | 24.8% (±16.0 points) |
| 7 (tie) | Rio | 23.7% (±14.8 points) |
| 7 (tie) | Indian Point Township | 23.7% (±9.8 points) |
| 9 | Haw Creek Township | 23.5% (±15.8 points) |
| 10 | Henderson Township | 22.5% (±12.3 points) |
| 11 | Sparta Township | 22.3% (±10.5 points) |
| 12 | Cedar Township | 22.2% (±8.7 points) |
| 13 | Salem Township (Knox County) | 20.2% (±9.6 points) |
| 14 | Oneida | 19.4% (±8.0 points) |
Showing 13 of 35 places in Knox 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 Indian Point Township
How many renters are there in Indian Point Township?
Indian Point Township has an estimated 143 (±69) renting households, 23.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Indian Point Township?
In Indian Point Township, the share of households that rent went from 29.0% in 2015–2019 to 23.7% in 2020–2024 (−5.3 percentage points), not a measurable change.
How big are renting households in Indian Point Township?
A renting household in Indian Point Township has 2.7 people on average, against 3.0 in an owned home.
How much do renters earn in Indian Point Township?
The median renting household in Indian Point Township, IL has an income of $50,045 (±$33,088) a year, against $71,979 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Indian Point township, Knox County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Indian Point township, Knox 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 Indian Point township, Knox County, Illinois (county subdivision:37361, in state:17 county:095).
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 Indian Point Township at a glance
- Median rent in Indian Point Township
- Income and affordability in Indian Point Township
- Home values in Indian Point Township
- Homeowner costs in Indian Point Township
- Types of homes in Indian Point Township
- Bedrooms in Indian Point Township
- Age of homes in Indian Point Township
- Heating fuel in Indian Point Township
- Population growth in Indian Point Township
- Illinois landlord and tenant rules
- Housing across Knox County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois