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

Tenure, estimate (90% margin of error)
LoamiSangamon CountyIllinoisUnited States
Renter-occupied share24.3% (±8.8 points)28.7% (±1.2 points)32.9% (±0.2 points)34.8%
Renting households76 (±31)24,319 (±1,060)1,657,539 (±10,322)45,017,354
Owning households237 (±48)60,443 (±1,072)3,378,910 (±14,728)84,210,142
Average renter household size2.1 (±0.5)2.0 (±0.1)2.2 (±0.0)2.3
Average owner household size2.6 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent37.0% (±8.2 points)24.3% (±8.8 points)−12.7 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Loami
PlaceDistanceHouseholds that rentCompared with this place
Loami—24.3% (±8.8 points)—
Loami Township1.5 mi17.3% (±6.4 points)Not measurably different
New Berlin Township3.7 mi23.4% (±8.4 points)Not measurably different
Maxwell Township4.0 mi0.0% (±21.9 points)Lower
New Berlin5.0 mi24.1% (±8.6 points)Not measurably different
Chatham Township5.1 mi28.3% (±6.5 points)Not measurably different
Curran6.0 mi19.2% (±15.5 points)Not measurably different
Curran Township6.2 mi15.6% (±11.1 points)Not measurably different
Berlin6.4 mi3.5% (±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

RankPlaceHouseholds that rent
4Springfield35.7% (±1.7 points)
5Grandview30.9% (±6.7 points)
6Buffalo30.5% (±10.5 points)
7Riverton30.1% (±12.1 points)
8Jerome29.6% (±10.7 points)
9Chatham Township28.3% (±6.5 points)
10Loami24.3% (±8.8 points)
11Woodside Township24.2% (±4.4 points)
12New Berlin24.1% (±8.6 points)
13New Berlin Township23.4% (±8.4 points)
14Clear Lake Township23.3% (±6.1 points)
15Dawson22.9% (±10.9 points)
16Divernon22.1% (±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

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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

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.

Request a Census API 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 .

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