What percentage of people rent in Milford Township, IL?

18.5% (±5.6 points) of the occupied homes in Milford Township, IL are rented (2020–2024 American Community Survey).

That is 133 renting households against 584 that own their home.

In Milford Township, the share of households that rent went from 26.3% in 2015–2019 to 18.5% in 2020–2024 (−7.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
18.5% (±5.6 points)
Renting households
133 (±43)
Median renter income
$40,972 (±$13,942)

Who rents and who owns in Milford Township

Tenure, estimate (90% margin of error)
Milford TownshipIroquois CountyIllinoisUnited States
Renter-occupied share18.5% (±5.6 points)20.0% (±1.8 points)32.9% (±0.2 points)34.8%
Renting households133 (±43)2,289 (±213)1,657,539 (±10,322)45,017,354
Owning households584 (±84)9,154 (±253)3,378,910 (±14,728)84,210,142
Average renter household size2.0 (±0.5)1.9 (±0.1)2.2 (±0.0)2.3
Average owner household size2.1 (±0.2)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$40,972 (±$13,942)$41,597 (±$3,128)$50,420 (±$471)$52,966
Median owner household income$54,929 (±$12,455)$77,923 (±$3,694)$103,505 (±$377)$100,009

In Milford Township, the renter share is not measurably different from Iroquois County (20.0%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In Iroquois County, Milford Township ranks 23 of 47 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1378 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Milford Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent26.3% (±6.2 points)18.5% (±5.6 points)−7.8 percentage pointsNot a measurable change
Median gross rent$607 (±$45)$755 (±$65)+24.4%No measurable change after inflation
Median household income$47,784 (±$6,309)$53,750 (±$7,579)+12.5%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 Milford Township

Nearest places with a published estimate, compared with Milford Township
PlaceDistanceHouseholds that rentCompared with this place
Milford Township—18.5% (±5.6 points)—
Milford0.9 mi20.9% (±6.0 points)Not measurably different
Woodland5.9 mi16.8% (±11.9 points)Not measurably different
Stockland Township6.3 mi62.3% (±28.9 points)Higher
Wellington6.4 mi8.0% (±9.2 points)Not measurably different
Lovejoy Township6.8 mi19.8% (±10.3 points)Not measurably different
Belmont Township6.9 mi11.6% (±5.9 points)Not measurably different
Ash Grove Township (Iroquois County)7.5 mi7.3% (±9.5 points)Lower
Crescent Township8.8 mi5.7% (±3.6 points)Lower

Nearby places with a measurably lower figure: Ash Grove Township (Iroquois County), IL (7.3%), Crescent Township, IL (5.7%).

Nearby places with a measurably higher figure: Stockland Township, IL (62.3%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Iroquois County, place by place

RankPlaceHouseholds that rent
17Danforth20.8% (±9.9 points)
18Chebanse Township20.6% (±5.2 points)
19Papineau20.0% (±18.0 points)
20Buckley19.9% (±7.9 points)
21Lovejoy Township19.8% (±10.3 points)
22Concord Township (Iroquois County)19.6% (±12.0 points)
23Milford Township18.5% (±5.6 points)
24Douglas Township (Iroquois County)18.2% (±5.7 points)
25Ashkum Township17.9% (±6.7 points)
26Danforth Township17.1% (±8.2 points)
27Woodland16.8% (±11.9 points)
28Ridgeland Township16.7% (±9.3 points)
29Donovan16.5% (±8.9 points)

Showing 13 of 47 places in Iroquois 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 Milford Township

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Questions about Milford Township

How many renters are there in Milford Township?

Milford Township has an estimated 133 (±43) renting households, 18.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Milford Township?

In Milford Township, the share of households that rent went from 26.3% in 2015–2019 to 18.5% in 2020–2024 (−7.8 percentage points), not a measurable change.

How big are renting households in Milford Township?

A renting household in Milford Township has 2.0 people on average, against 2.1 in an owned home.

How much do renters earn in Milford Township?

The median renting household in Milford Township, IL has an income of $40,972 (±$13,942) a year, against $54,929 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 Milford township, Iroquois County, Illinois (county subdivision:49061, in state:17 county:075).

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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