What percentage of people rent in Monticello, IL?

17.3% (±5.9 points) of the occupied homes in Monticello, IL are rented (2020–2024 American Community Survey).

That is 463 renting households against 2,212 that own their home.

In Monticello, the share of households that rent went from 24.4% in 2015–2019 to 17.3% in 2020–2024 (−7.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
17.3% (±5.9 points)
Renting households
463 (±166)
Median renter income
$97,666 (±$57,390)

Who rents and who owns in Monticello

Tenure, estimate (90% margin of error)
MonticelloPiatt CountyIllinoisUnited States
Renter-occupied share17.3% (±5.9 points)15.2% (±2.5 points)32.9% (±0.2 points)34.8%
Renting households463 (±166)1,049 (±176)1,657,539 (±10,322)45,017,354
Owning households2,212 (±169)5,875 (±197)3,378,910 (±14,728)84,210,142
Average renter household size1.5 (±0.4)1.9 (±0.2)2.2 (±0.0)2.3
Average owner household size2.5 (±0.2)2.5 (±0.1)2.6 (±0.0)2.6
Median renter household income$97,666 (±$57,390)$63,785 (±$21,106)$50,420 (±$471)$52,966
Median owner household income$102,797 (±$13,321)$97,473 (±$5,839)$103,505 (±$377)$100,009

In Monticello, the renter share is not measurably different from Piatt County (15.2%).

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

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

In Piatt County, Monticello ranks 10 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1482 of 2,751.

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

How renting in Monticello has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent24.4% (±5.6 points)17.3% (±5.9 points)−7.1 percentage pointsNot a measurable change
Median gross rent$972 (±$118)$1,379 (±$355)+41.9%No measurable change after inflation
Median household income$75,274 (±$7,661)$99,449 (±$7,901)+32.1%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 Monticello

Nearest places with a published estimate, compared with Monticello
PlaceDistanceHouseholds that rentCompared with this place
Monticello—17.3% (±5.9 points)—
Monticello Township2.0 mi15.6% (±5.8 points)Not measurably different
Goose Creek Township6.4 mi21.3% (±11.4 points)Not measurably different
Willow Branch Township6.5 mi13.4% (±6.8 points)Not measurably different
Sangamon Township6.8 mi7.8% (±4.8 points)Lower
De Land7.1 mi19.4% (±12.7 points)Not measurably different
Bement7.6 mi19.3% (±6.4 points)Not measurably different
Bement Township7.7 mi17.4% (±5.8 points)Not measurably different
Cisco8.1 mi24.3% (±14.2 points)Not measurably different

Nearby places with a measurably lower figure: Sangamon Township, IL (7.8%).

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

Households that rent across Piatt County, place by place

RankPlaceHouseholds that rent
4Goose Creek Township21.3% (±11.4 points)
5De Land19.4% (±12.7 points)
6Bement19.3% (±6.4 points)
7Mansfield19.0% (±9.4 points)
8Unity Township18.4% (±7.1 points)
9Bement Township17.4% (±5.8 points)
10Monticello17.3% (±5.9 points)
11Cerro Gordo Township16.9% (±6.5 points)
12Monticello Township15.6% (±5.8 points)
13Blue Ridge Township15.4% (±7.2 points)
14Hammond14.6% (±9.9 points)
15Willow Branch Township13.4% (±6.8 points)
16Sangamon Township7.8% (±4.8 points)

Showing 13 of 16 places in Piatt 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 Monticello

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Questions about Monticello

How many renters are there in Monticello?

Monticello has an estimated 463 (±166) renting households, 17.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Monticello?

In Monticello, the share of households that rent went from 24.4% in 2015–2019 to 17.3% in 2020–2024 (−7.1 percentage points), not a measurable change.

How big are renting households in Monticello?

A renting household in Monticello has 1.5 people on average, against 2.5 in an owned home.

How much do renters earn in Monticello?

The median renting household in Monticello, IL has an income of $97,666 (±$57,390) a year, against $102,797 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 Monticello city, Illinois (place:50244, 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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