What is the median household income in Marengo Township, IL?
The median household income in Marengo Township, IL is $74,172 (±$22,805) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,152 a month would take about $46,100 a year at the common guideline of spending no more than 30% of income on rent.
In Marengo Township, the median household income went from $62,975 in 2015–2019 to $74,172 in 2020–2024 (+17.8%).
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
- $74,172 (±$22,805)
- Median renter income
- $32,579 (±$21,751)
- Income to afford median rent
- about $46,100
Income in Marengo Township against McHenry County, its state and the nation
| Marengo Township | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $74,172 (±$22,805) | $104,802 (±$2,178) | $83,390 (±$362) | $80,734 |
| Median renter household income | $32,579 (±$21,751) | $56,791 (±$4,428) | $50,420 (±$471) | $52,966 |
| Median owner household income | $103,016 (±$11,395) | $118,391 (±$2,446) | $103,505 (±$377) | $100,009 |
| Median gross rent | $1,152 (±$210) | $1,401 (±$41) | $1,274 (±$5) | $1,413 |
In Marengo Township, median household income is lower than in McHenry County ($104,802).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In McHenry County, Marengo Township ranks 40 of 46 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 1296 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 Marengo 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 $1,152 a month ($13,824 a year) needs an income of about $46,100 a year.
The median renting household in Marengo Township earns $32,579 a year, less than that.
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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $62,975 (±$10,075) | $74,172 (±$22,805) | +17.8% | No measurable change after inflation |
| Median gross rent | $931 (±$84) | $1,152 (±$210) | +23.7% | No measurable change after inflation |
| Median home value | $159,000 (±$7,315) | $234,900 (±$10,797) | +47.7% | Up 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 Marengo Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Marengo Township | — | $74,172 (±$22,805) | — |
| Marengo | 3.8 mi | $73,523 (±$27,241) | Not measurably different |
| Dunham Township | 5.4 mi | $92,697 (±$44,506) | Not measurably different |
| Bonus Township | 5.8 mi | $100,806 (±$40,221) | Not measurably different |
| Seneca Township | 6.0 mi | $133,558 (±$22,855) | Higher |
| Union | 6.5 mi | $89,844 (±$29,864) | Not measurably different |
| Riley Township | 6.6 mi | $164,764 (±$38,479) | Higher |
| Boone Township | 7.4 mi | $98,438 (±$13,668) | Not measurably different |
| Hartland Township | 7.9 mi | $104,531 (±$49,167) | Not measurably different |
Nearby places with a measurably higher figure: Seneca Township, IL ($133,558), Riley Township, IL ($164,764).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across McHenry County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 34 | Union | $89,844 (±$29,864) |
| 35 | Huntley | $88,536 (±$11,438) |
| 36 | Dorr Township | $87,800 (±$10,363) |
| 37 | McHenry | $86,315 (±$6,312) |
| 38 | Hebron | $85,375 (±$23,150) |
| 39 | Woodstock | $82,758 (±$7,680) |
| 40 | Marengo Township | $74,172 (±$22,805) |
| 41 | Holiday Hills | $74,083 (±$10,601) |
| 42 | Marengo | $73,523 (±$27,241) |
| 43 | Richmond | $73,029 (±$3,618) |
| 44 | McCullom Lake | $72,791 (±$15,568) |
| 45 | Chemung Township | $67,742 (±$5,217) |
| 46 | Harvard | $67,617 (±$8,820) |
Showing 13 of 46 places in McHenry 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 Marengo 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 Marengo Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Marengo 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 Marengo Township, and send estimates and invoices from your phone.
Questions about Marengo Township
What is the median household income in Marengo Township?
The median household income in Marengo Township is $74,172 (±$22,805) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Marengo Township?
About $46,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,152 a month.
Have incomes in Marengo Township kept up with inflation?
In Marengo Township, the median household income went from $62,975 in 2015–2019 to $74,172 in 2020–2024 (+17.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Marengo Township?
The median renting household in Marengo Township, IL earns $32,579 (±$21,751) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Marengo township, McHenry County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Marengo township, McHenry County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Marengo township, McHenry County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Marengo township, McHenry County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Marengo township, McHenry County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Marengo township, McHenry 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 Marengo township, McHenry County, Illinois (county subdivision:46799, in state:17 county:111).
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.
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
- Housing in Marengo Township at a glance
- Median rent in Marengo Township
- Rent by bedrooms in Marengo Township
- Rent burden in Marengo Township
- Renters and owners in Marengo Township
- Home values in Marengo Township
- Homeowner costs in Marengo Township
- Property taxes in Marengo Township
- Types of homes in Marengo Township
- Bedrooms in Marengo Township
- Age of homes in Marengo Township
- Heating fuel in Marengo Township
- Commute and cars in Marengo Township
- Population growth in Marengo Township
- How long people stay in Marengo Township
- Fair Market Rent in Marengo Township
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by median household income
- Housing data for every place in Illinois