What percentage of people rent in Lanark, IL?
21.4% (±6.3 points) of the occupied homes in Lanark, IL are rented (2020–2024 American Community Survey).
That is 150 renting households against 552 that own their home.
In Lanark, the share of households that rent went from 28.0% in 2015–2019 to 21.4% in 2020–2024 (−6.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 21.4% (±6.3 points)
- Renting households
- 150 (±49)
- Median renter income
- $41,111 (±$8,947)
Who rents and who owns in Lanark
| Lanark | Carroll County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.4% (±6.3 points) | 22.8% (±2.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 150 (±49) | 1,501 (±184) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 552 (±101) | 5,077 (±234) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.2 (±0.5) | 2.0 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.2) | 2.2 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $41,111 (±$8,947) | $42,457 (±$13,507) | $50,420 (±$471) | $52,966 |
| Median owner household income | $79,444 (±$18,125) | $67,168 (±$3,879) | $103,505 (±$377) | $100,009 |
In Lanark, the renter share is not measurably different from Carroll County (22.8%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Carroll County, Lanark ranks 7 of 19 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1114 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lanark has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.0% (±5.8 points) | 21.4% (±6.3 points) | −6.6 percentage points | Not a measurable change |
| Median gross rent | $600 (±$162) | $819 (±$105) | +36.5% | No measurable change after inflation |
| Median household income | $44,875 (±$8,582) | $59,375 (±$18,480) | +32.3% | 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 Lanark
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lanark | — | 21.4% (±6.3 points) | — |
| Rock Creek-Lima Township | 4.2 mi | 17.8% (±5.5 points) | Not measurably different |
| Cherry Grove-Shannon Township | 4.2 mi | 10.6% (±4.0 points) | Lower |
| Salem Township (Carroll County) | 5.1 mi | 19.4% (±19.1 points) | Not measurably different |
| Shannon | 5.9 mi | 12.3% (±4.9 points) | Lower |
| Freedom Township (Carroll County) | 6.2 mi | 2.3% (±3.0 points) | Lower |
| Chadwick | 6.7 mi | 17.4% (±10.6 points) | Not measurably different |
| Mount Carroll | 7.4 mi | 28.3% (±7.9 points) | Not measurably different |
| Wysox Township | 8.8 mi | 16.7% (±8.6 points) | Not measurably different |
Nearby places with a measurably lower figure: Cherry Grove-Shannon Township, IL (10.6%), Shannon, IL (12.3%), Freedom Township (Carroll County), IL (2.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Carroll County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Savanna | 40.0% (±8.7 points) |
| 2 | Savanna Township | 34.2% (±7.5 points) |
| 3 | Mount Carroll Township | 32.3% (±8.1 points) |
| 4 | Thomson | 30.7% (±11.1 points) |
| 5 | Mount Carroll | 28.3% (±7.9 points) |
| 6 | Washington Township (Carroll County) | 23.9% (±22.6 points) |
| 7 | Lanark | 21.4% (±6.3 points) |
| 8 | York Township (Carroll County) | 21.0% (±6.9 points) |
| 9 | Salem Township (Carroll County) | 19.4% (±19.1 points) |
| 10 | Rock Creek-Lima Township | 17.8% (±5.5 points) |
| 11 | Chadwick | 17.4% (±10.6 points) |
| 12 | Wysox Township | 16.7% (±8.6 points) |
| 13 | Milledgeville | 14.6% (±7.1 points) |
Showing 13 of 19 places in Carroll 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 Lanark
How many renters are there in Lanark?
Lanark has an estimated 150 (±49) renting households, 21.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lanark?
In Lanark, the share of households that rent went from 28.0% in 2015–2019 to 21.4% in 2020–2024 (−6.6 percentage points), not a measurable change.
How big are renting households in Lanark?
A renting household in Lanark has 2.2 people on average, against 2.2 in an owned home.
How much do renters earn in Lanark?
The median renting household in Lanark, IL has an income of $41,111 (±$8,947) a year, against $79,444 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lanark city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lanark city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lanark city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lanark city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lanark city, 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 Lanark city, Illinois (place:41859, in state:17).
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 Lanark at a glance
- Median rent in Lanark
- Income and affordability in Lanark
- Home values in Lanark
- Homeowner costs in Lanark
- Property taxes in Lanark
- Types of homes in Lanark
- Bedrooms in Lanark
- Age of homes in Lanark
- Heating fuel in Lanark
- Commute and cars in Lanark
- Crime reported to police in Lanark
- Population growth in Lanark
- How long people stay in Lanark
- Illinois landlord and tenant rules
- Housing across Carroll County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois