What percentage of people rent in Montgomery, IL?

20.7% (±6.3 points) of the occupied homes in Montgomery, IL are rented (2020–2024 American Community Survey).

That is 1,477 renting households against 5,667 that own their home.

In Montgomery, the share of households that rent went from 17.9% in 2015–2019 to 20.7% in 2020–2024 (+2.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
20.7% (±6.3 points)
Renting households
1,477 (±474)
Median renter income
$120,044 (±$69,108)

Who rents and who owns in Montgomery

Tenure, estimate (90% margin of error)
MontgomeryKane CountyIllinoisUnited States
Renter-occupied share20.7% (±6.3 points)24.0% (±0.8 points)32.9% (±0.2 points)34.8%
Renting households1,477 (±474)44,405 (±1,439)1,657,539 (±10,322)45,017,354
Owning households5,667 (±517)140,301 (±1,504)3,378,910 (±14,728)84,210,142
Average renter household size3.0 (±0.4)2.5 (±0.1)2.2 (±0.0)2.3
Average owner household size3.0 (±0.2)2.8 (±0.0)2.6 (±0.0)2.6
Median renter household income$120,044 (±$69,108)$59,788 (±$3,068)$50,420 (±$471)$52,966
Median owner household income$103,495 (±$9,857)$120,129 (±$2,286)$103,505 (±$377)$100,009

In Montgomery, the renter share is not measurably different from Kane County (24.0%).

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

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

In Kane County, Montgomery ranks 15 of 42 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1174 of 2,751.

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

How renting in Montgomery has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent17.9% (±4.1 points)20.7% (±6.3 points)+2.8 percentage pointsNot a measurable change
Median gross rent$1,177 (±$122)$1,984 (±$526)+68.6%No measurable change after inflation
Median household income$98,050 (±$8,782)$103,734 (±$10,399)+5.8%Down 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 Montgomery

Nearest places with a published estimate, compared with Montgomery
PlaceDistanceHouseholds that rentCompared with this place
Montgomery—20.7% (±6.3 points)—
Boulder Hill1.5 mi13.7% (±4.1 points)Not measurably different
Oswego2.8 mi12.1% (±2.4 points)Lower
Oswego Township3.7 mi14.9% (±2.3 points)Not measurably different
Aurora Township3.9 mi38.0% (±1.8 points)Higher
Aurora4.6 mi33.6% (±1.4 points)Higher
Bristol Township4.7 mi19.6% (±4.9 points)Not measurably different
Sugar Grove Township5.0 mi8.1% (±2.9 points)Lower
Yorkville5.5 mi20.2% (±4.5 points)Not measurably different

Nearby places with a measurably lower figure: Oswego, IL (12.1%), Sugar Grove Township, IL (8.1%).

Nearby places with a measurably higher figure: Aurora Township, IL (38.0%), Aurora, IL (33.6%).

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

Households that rent across Kane County, place by place

RankPlaceHouseholds that rent
9North Aurora27.7% (±3.7 points)
10Elgin Township27.5% (±2.1 points)
11Maple Park24.7% (±8.1 points)
12Batavia22.8% (±3.2 points)
13St. Charles Township22.4% (±1.9 points)
14South Elgin20.9% (±3.4 points)
15Montgomery20.7% (±6.3 points)
16Virgil Township20.1% (±7.4 points)
17Batavia Township19.1% (±2.6 points)
18 (tie)Hampshire16.7% (±10.4 points)
18 (tie)Geneva Township16.7% (±3.0 points)
20Burlington16.6% (±8.4 points)
21Hampshire Township16.5% (±9.8 points)

Showing 13 of 42 places in Kane 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 Montgomery

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Questions about Montgomery

How many renters are there in Montgomery?

Montgomery has an estimated 1,477 (±474) renting households, 20.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Montgomery?

In Montgomery, the share of households that rent went from 17.9% in 2015–2019 to 20.7% in 2020–2024 (+2.8 percentage points), not a measurable change.

How big are renting households in Montgomery?

A renting household in Montgomery has 3.0 people on average, against 3.0 in an owned home.

How much do renters earn in Montgomery?

The median renting household in Montgomery, IL has an income of $120,044 (±$69,108) a year, against $103,495 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 Montgomery village, Illinois (place:50218, 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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