What percentage of people rent in Loami, IL?
24.3% (±8.8 points) of the occupied homes in Loami, IL are rented (2020–2024 American Community Survey).
That is 76 renting households against 237 that own their home.
In Loami, the share of households that rent went from 37.0% in 2015–2019 to 24.3% in 2020–2024 (−12.7 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 24.3% (±8.8 points)
- Renting households
- 76 (±31)
- Median renter income
- $37,500 (±$17,676)
Who rents and who owns in Loami
| Loami | Sangamon County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 24.3% (±8.8 points) | 28.7% (±1.2 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 76 (±31) | 24,319 (±1,060) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 237 (±48) | 60,443 (±1,072) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.1 (±0.5) | 2.0 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.4 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $37,500 (±$17,676) | $41,044 (±$1,457) | $50,420 (±$471) | $52,966 |
| Median owner household income | $69,453 (±$6,080) | $94,873 (±$2,479) | $103,505 (±$377) | $100,009 |
In Loami, the renter share is not measurably different from Sangamon County (28.7%).
It is not measurably different from Illinois (32.9%).
It is lower than the national figure (34.8%).
In Sangamon County, Loami ranks 10 of 51 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 881 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Loami has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 37.0% (±8.2 points) | 24.3% (±8.8 points) | −12.7 percentage points | Measurable decrease |
| Median gross rent | $803 (±$157) | $907 (±$89) | +13.0% | No measurable change after inflation |
| Median household income | $55,000 (±$6,476) | $57,813 (±$16,247) | +5.1% | 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 Loami
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Loami | — | 24.3% (±8.8 points) | — |
| Loami Township | 1.5 mi | 17.3% (±6.4 points) | Not measurably different |
| New Berlin Township | 3.7 mi | 23.4% (±8.4 points) | Not measurably different |
| Maxwell Township | 4.0 mi | 0.0% (±21.9 points) | Lower |
| New Berlin | 5.0 mi | 24.1% (±8.6 points) | Not measurably different |
| Chatham Township | 5.1 mi | 28.3% (±6.5 points) | Not measurably different |
| Curran | 6.0 mi | 19.2% (±15.5 points) | Not measurably different |
| Curran Township | 6.2 mi | 15.6% (±11.1 points) | Not measurably different |
| Berlin | 6.4 mi | 3.5% (±6.0 points) | Lower |
Nearby places with a measurably lower figure: Maxwell Township, IL (0.0%), Berlin, IL (3.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Sangamon County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 4 | Springfield | 35.7% (±1.7 points) |
| 5 | Grandview | 30.9% (±6.7 points) |
| 6 | Buffalo | 30.5% (±10.5 points) |
| 7 | Riverton | 30.1% (±12.1 points) |
| 8 | Jerome | 29.6% (±10.7 points) |
| 9 | Chatham Township | 28.3% (±6.5 points) |
| 10 | Loami | 24.3% (±8.8 points) |
| 11 | Woodside Township | 24.2% (±4.4 points) |
| 12 | New Berlin | 24.1% (±8.6 points) |
| 13 | New Berlin Township | 23.4% (±8.4 points) |
| 14 | Clear Lake Township | 23.3% (±6.1 points) |
| 15 | Dawson | 22.9% (±10.9 points) |
| 16 | Divernon | 22.1% (±8.9 points) |
Showing 13 of 51 places in Sangamon 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 Loami
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Loami, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Loami beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Loami, and send estimates and invoices from your phone.
Questions about Loami
How many renters are there in Loami?
Loami has an estimated 76 (±31) renting households, 24.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Loami?
In Loami, the share of households that rent went from 37.0% in 2015–2019 to 24.3% in 2020–2024 (−12.7 percentage points), a measurable decrease.
How big are renting households in Loami?
A renting household in Loami has 2.1 people on average, against 2.6 in an owned home.
How much do renters earn in Loami?
The median renting household in Loami, IL has an income of $37,500 (±$17,676) a year, against $69,453 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Loami village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Loami village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Loami village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Loami village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Loami village, 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 Loami village, Illinois (place:44173, 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 Loami at a glance
- Income and affordability in Loami
- Home values in Loami
- Homeowner costs in Loami
- Property taxes in Loami
- Types of homes in Loami
- Bedrooms in Loami
- Age of homes in Loami
- Heating fuel in Loami
- Commute and cars in Loami
- How long people stay in Loami
- Illinois landlord and tenant rules
- Housing across Sangamon County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois