What percentage of people rent in McHenry Township, IL?
17.0% (±2.5 points) of the occupied homes in McHenry Township, IL are rented (2020–2024 American Community Survey).
That is 3,271 renting households against 15,952 that own their home.
In McHenry Township, the share of households that rent went from 23.3% in 2015–2019 to 17.0% in 2020–2024 (−6.3 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 17.0% (±2.5 points)
- Renting households
- 3,271 (±485)
- Median renter income
- $48,449 (±$12,259)
Who rents and who owns in McHenry Township
| McHenry Township | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.0% (±2.5 points) | 17.3% (±1.0 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 3,271 (±485) | 20,335 (±1,135) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 15,952 (±621) | 97,259 (±1,207) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.1) | 2.7 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $48,449 (±$12,259) | $56,791 (±$4,428) | $50,420 (±$471) | $52,966 |
| Median owner household income | $103,392 (±$5,999) | $118,391 (±$2,446) | $103,505 (±$377) | $100,009 |
In McHenry Township, the renter share is not measurably different from McHenry County (17.3%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In McHenry County, McHenry Township ranks 20 of 46 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1513 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in McHenry Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.3% (±2.0 points) | 17.0% (±2.5 points) | −6.3 percentage points | Measurable decrease |
| Median gross rent | $1,255 (±$68) | $1,396 (±$83) | +11.2% | Down after inflation |
| Median household income | $75,315 (±$2,863) | $94,531 (±$4,664) | +25.5% | 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 McHenry Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| McHenry Township | — | 17.0% (±2.5 points) | — |
| McCullom Lake | 0.9 mi | 27.6% (±12.0 points) | Not measurably different |
| Johnsburg | 1.9 mi | 6.9% (±4.5 points) | Lower |
| Ringwood | 2.1 mi | 6.9% (±6.0 points) | Lower |
| McHenry | 2.5 mi | 25.6% (±3.1 points) | Higher |
| Wonder Lake | 3.6 mi | 0.4% (±0.8 points) | Lower |
| Pistakee Highlands | 4.2 mi | 10.4% (±5.3 points) | Lower |
| Lakemoor | 4.6 mi | 34.9% (±8.7 points) | Higher |
| Bull Valley | 5.3 mi | 3.1% (±3.3 points) | Lower |
Nearby places with a measurably lower figure: Johnsburg, IL (6.9%), Ringwood, IL (6.9%), Wonder Lake, IL (0.4%).
Nearby places with a measurably higher figure: McHenry, IL (25.6%), Lakemoor, IL (34.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across McHenry County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 14 | Crystal Lake | 22.4% (±2.8 points) |
| 15 | Hebron Township | 22.1% (±7.4 points) |
| 16 | Dunham Township | 18.8% (±15.5 points) |
| 17 | Algonquin Township | 17.9% (±2.0 points) |
| 18 | Nunda Township | 17.7% (±2.3 points) |
| 19 | Island Lake | 17.3% (±5.7 points) |
| 20 | McHenry Township | 17.0% (±2.5 points) |
| 21 | Lake in the Hills | 15.6% (±2.9 points) |
| 22 | Cary | 15.2% (±4.0 points) |
| 23 | Greenwood Township (McHenry County) | 13.6% (±3.6 points) |
| 24 | Fox River Grove | 12.6% (±8.3 points) |
| 25 | Union | 12.4% (±10.1 points) |
| 26 | Coral Township | 12.2% (±10.7 points) |
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.
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Questions about McHenry Township
How many renters are there in McHenry Township?
McHenry Township has an estimated 3,271 (±485) renting households, 17.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in McHenry Township?
In McHenry Township, the share of households that rent went from 23.3% in 2015–2019 to 17.0% in 2020–2024 (−6.3 percentage points), a measurable decrease.
How big are renting households in McHenry Township?
A renting household in McHenry Township has 2.3 people on average, against 2.5 in an owned home.
How much do renters earn in McHenry Township?
The median renting household in McHenry Township, IL has an income of $48,449 (±$12,259) a year, against $103,392 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — McHenry township, McHenry County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — McHenry township, McHenry County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — McHenry township, McHenry County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — McHenry township, McHenry County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — McHenry 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 McHenry township, McHenry County, Illinois (county subdivision:45707, 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 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 McHenry Township at a glance
- Median rent in McHenry Township
- Rent by bedrooms in McHenry Township
- Rent burden in McHenry Township
- Income and affordability in McHenry Township
- Home values in McHenry Township
- Homeowner costs in McHenry Township
- Property taxes in McHenry Township
- Types of homes in McHenry Township
- Bedrooms in McHenry Township
- Age of homes in McHenry Township
- Vacancy rate in McHenry Township
- Heating fuel in McHenry Township
- Commute and cars in McHenry Township
- Population growth in McHenry Township
- How long people stay in McHenry Township
- Crowding and facilities in McHenry Township
- Fair Market Rent in McHenry Township
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois