What is the median household income in Lexington Township, IL?

The median household income in Lexington Township, IL is $104,744 (±$17,309) a year (2020–2024 American Community Survey).

Paying the median gross rent of $917 a month would take about $36,700 a year at the common guideline of spending no more than 30% of income on rent.

In Lexington Township, the median household income went from $69,398 in 2015–2019 to $104,744 in 2020–2024 (+50.9%).

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
$104,744 (±$17,309)
Income to afford median rent
about $36,700

Income in Lexington Township against McLean County, its state and the nation

Income, estimate (90% margin of error)
Lexington TownshipMcLean CountyIllinoisUnited States
Median household income$104,744 (±$17,309)$79,905 (±$2,544)$83,390 (±$362)$80,734
Median renter household income—$40,204 (±$2,769)$50,420 (±$471)$52,966
Median owner household income$110,333 (±$19,883)$104,136 (±$2,937)$103,505 (±$377)$100,009
Median gross rent$917 (±$565)$1,009 (±$30)$1,274 (±$5)$1,413

In Lexington Township, median household income is higher than in McLean County ($79,905).

It is also higher than in Illinois ($83,390).

It is higher than the national figure ($80,734).

In McLean County, Lexington Township ranks 14 of 51 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 448 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How much you need to earn to rent in Lexington Township

Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.

At that guideline, the median gross rent of $917 a month ($11,004 a year) needs an income of about $36,700 a year.

This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.

Income against housing costs since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$69,398 (±$20,902)$104,744 (±$17,309)+50.9%No measurable change after inflation
Median gross rent$702 (±$36)$917 (±$565)+30.6%No measurable change after inflation
Median home value$155,700 (±$15,152)$186,700 (±$23,824)+19.9%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 Lexington Township

Nearest places with a published estimate, compared with Lexington Township
PlaceDistanceMedian household incomeCompared with this place
Lexington Township—$104,744 (±$17,309)—
Lexington2.1 mi$99,167 (±$8,415)Not measurably different
Chenoa Township4.4 mi$75,515 (±$16,958)Lower
Cooksville6.2 mi$68,125 (±$37,098)Not measurably different
Money Creek Township6.7 mi$191,042 (±$42,003)Higher
Blue Mound Township (McLean County)6.7 mi$83,750 (±$25,283)Not measurably different
Chenoa7.8 mi$65,769 (±$11,454)Lower
Colfax8.4 mi$70,625 (±$15,422)Lower
Towanda Township8.6 mi$118,875 (±$32,322)Not measurably different

Nearby places with a measurably lower figure: Chenoa Township, IL ($75,515), Chenoa, IL ($65,769), Colfax, IL ($70,625).

Nearby places with a measurably higher figure: Money Creek Township, IL ($191,042).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across McLean County, place by place

RankPlaceMedian household income
8Cropsey Township$116,037 (±$30,386)
9Hudson Township$113,897 (±$14,788)
10Bloomington Township$111,563 (±$58,045)
11Downs$110,625 (±$12,323)
12Randolph Township$110,439 (±$9,430)
13Hudson$110,000 (±$24,724)
14Lexington Township$104,744 (±$17,309)
15Funks Grove Township$104,091 (±$15,270)
16Lexington$99,167 (±$8,415)
17Arrowsmith Township$98,438 (±$25,554)
18Mount Hope Township$97,917 (±$16,930)
19Danvers Township$97,500 (±$24,098)
20Heyworth$96,500 (±$13,837)

Showing 13 of 51 places in McLean 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 Lexington 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 Lexington Township beside you.

Create a landlord account · See what landlords get

Looking for a place to rent?

Browse homes for rent near Lexington 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 Lexington Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lexington Township

What is the median household income in Lexington Township?

The median household income in Lexington Township is $104,744 (±$17,309) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Lexington Township?

About $36,700 a year, if rent is to stay at or below 30% of income at the median gross rent of $917 a month.

Have incomes in Lexington Township kept up with inflation?

In Lexington Township, the median household income went from $69,398 in 2015–2019 to $104,744 in 2020–2024 (+50.9%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Sources

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 Lexington township, McLean County, Illinois (county subdivision:43107, in state:17 county:113).

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.

Request a Census API 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