What percentage of people rent in Loran Township, IL?
19.4% (±6.6 points) of the occupied homes in Loran Township, IL are rented (2020–2024 American Community Survey).
That is 103 renting households against 427 that own their home.
In Loran Township, the share of households that rent went from 19.2% in 2015–2019 to 19.4% in 2020–2024 (+0.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 19.4% (±6.6 points)
- Renting households
- 103 (±37)
- Median renter income
- $40,481 (±$15,576)
Who rents and who owns in Loran Township
| Loran Township | Stephenson County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 19.4% (±6.6 points) | 29.1% (±2.0 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 103 (±37) | 5,632 (±406) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 427 (±81) | 13,726 (±394) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.9 (±0.4) | 2.1 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.4) | 2.3 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $40,481 (±$15,576) | $38,469 (±$3,968) | $50,420 (±$471) | $52,966 |
| Median owner household income | $85,179 (±$10,405) | $77,511 (±$3,568) | $103,505 (±$377) | $100,009 |
In Loran Township, the renter share is lower than in Stephenson County (29.1%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Stephenson County, Loran Township ranks 17 of 30 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1303 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Loran Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 19.2% (±6.1 points) | 19.4% (±6.6 points) | +0.2 percentage points | Not a measurable change |
| Median gross rent | $708 (±$127) | $764 (±$73) | +7.9% | No measurable change after inflation |
| Median household income | $66,667 (±$7,967) | $73,000 (±$18,195) | +9.5% | 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 Loran Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Loran Township | — | 19.4% (±6.6 points) | — |
| Pearl City | 2.3 mi | 30.4% (±8.4 points) | Higher |
| Jefferson Township | 4.4 mi | 35.0% (±20.7 points) | Not measurably different |
| Florence Township (Stephenson County) | 5.7 mi | 23.9% (±18.0 points) | Not measurably different |
| Erin Township | 6.3 mi | 0.0% (±27.8 points) | Not measurably different |
| Cherry Grove-Shannon Township | 6.4 mi | 10.6% (±4.0 points) | Lower |
| Shannon | 6.8 mi | 12.3% (±4.9 points) | Not measurably different |
| Kent Township | 6.9 mi | 25.5% (±24.2 points) | Not measurably different |
| Berreman Township | 7.4 mi | 0.0% (±100.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Cherry Grove-Shannon Township, IL (10.6%).
Nearby places with a measurably higher figure: Pearl City, IL (30.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Stephenson County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 11 (tie) | Florence Township (Stephenson County) | 23.9% (±18.0 points) |
| 11 (tie) | Winslow Township | 23.9% (±12.4 points) |
| 13 | Lena | 23.6% (±6.7 points) |
| 14 | Ridott | 23.1% (±16.1 points) |
| 15 | West Point Township | 20.2% (±6.0 points) |
| 16 | Rock City | 20.1% (±14.2 points) |
| 17 | Loran Township | 19.4% (±6.6 points) |
| 18 | Davis | 16.5% (±9.2 points) |
| 19 | Orangeville | 14.7% (±5.5 points) |
| 20 | Rock Run Township | 13.4% (±5.4 points) |
| 21 | Oneco Township | 11.8% (±4.1 points) |
| 22 | Silver Creek Township | 11.4% (±11.3 points) |
| 23 | Lake Summerset | 8.4% (±6.1 points) |
Showing 13 of 30 places in Stephenson 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 Loran Township
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Questions about Loran Township
How many renters are there in Loran Township?
Loran Township has an estimated 103 (±37) renting households, 19.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Loran Township?
In Loran Township, the share of households that rent went from 19.2% in 2015–2019 to 19.4% in 2020–2024 (+0.2 percentage points), not a measurable change.
How big are renting households in Loran Township?
A renting household in Loran Township has 1.9 people on average, against 2.7 in an owned home.
How much do renters earn in Loran Township?
The median renting household in Loran Township, IL has an income of $40,481 (±$15,576) a year, against $85,179 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Loran township, Stephenson County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Loran township, Stephenson 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 Loran township, Stephenson County, Illinois (county subdivision:44758, in state:17 county:177).
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 Loran Township at a glance
- Income and affordability in Loran Township
- Home values in Loran Township
- Homeowner costs in Loran Township
- Property taxes in Loran Township
- Types of homes in Loran Township
- Bedrooms in Loran Township
- Age of homes in Loran Township
- Heating fuel in Loran Township
- Commute and cars in Loran Township
- Population growth in Loran Township
- How long people stay in Loran Township
- Illinois landlord and tenant rules
- Housing across Stephenson County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois