What is the median household income in Neoga Township, IL?
The median household income in Neoga Township, IL is $88,667 (±$20,350) a year (2020–2024 American Community Survey).
Paying the median gross rent of $950 a month would take about $38,000 a year at the common guideline of spending no more than 30% of income on rent.
In Neoga Township, the median household income went from $52,841 in 2015–2019 to $88,667 in 2020–2024 (+67.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $88,667 (±$20,350)
- Median renter income
- $34,896 (±$15,876)
- Income to afford median rent
- about $38,000
Income in Neoga Township against Cumberland County, its state and the nation
| Neoga Township | Cumberland County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $88,667 (±$20,350) | $73,327 (±$6,920) | $83,390 (±$362) | $80,734 |
| Median renter household income | $34,896 (±$15,876) | $40,363 (±$5,080) | $50,420 (±$471) | $52,966 |
| Median owner household income | $116,012 (±$29,261) | $81,783 (±$7,419) | $103,505 (±$377) | $100,009 |
| Median gross rent | $950 (±$68) | $772 (±$47) | $1,274 (±$5) | $1,413 |
In Neoga Township, median household income is not measurably different from Cumberland County ($73,327).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Cumberland County, Neoga Township ranks 3 of 12 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 799 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 Neoga 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 $950 a month ($11,400 a year) needs an income of about $38,000 a year.
The median renting household in Neoga Township earns $34,896 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 | $52,841 (±$6,620) | $88,667 (±$20,350) | +67.8% | Up after inflation |
| Median gross rent | $596 (±$43) | $950 (±$68) | +59.4% | Up after inflation |
| Median home value | $107,900 (±$10,552) | $161,100 (±$12,648) | +49.3% | 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 Neoga Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Neoga Township | — | $88,667 (±$20,350) | — |
| Neoga | 2.6 mi | $73,355 (±$12,556) | Not measurably different |
| Paradise Township | 5.7 mi | $42,298 (±$22,916) | Lower |
| Big Spring Township | 6.6 mi | $86,367 (±$34,918) | Not measurably different |
| Spring Point Township | 7.0 mi | $90,430 (±$22,849) | Not measurably different |
| Sigel Township | 8.3 mi | $103,125 (±$34,003) | Not measurably different |
| Sigel | 8.4 mi | $85,625 (±$17,848) | Not measurably different |
| Ash Grove Township (Shelby County) | 8.5 mi | $101,167 (±$29,038) | Not measurably different |
| Sumpter Township | 8.6 mi | $70,556 (±$14,067) | Not measurably different |
Nearby places with a measurably lower figure: Paradise Township, IL ($42,298).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Cumberland County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 1 | Cottonwood Township | $115,462 (±$37,892) |
| 2 | Spring Point Township | $90,430 (±$22,849) |
| 3 | Neoga Township | $88,667 (±$20,350) |
| 4 | Neoga | $73,355 (±$12,556) |
| 5 | Woodbury Township | $71,806 (±$26,542) |
| 6 | Sumpter Township | $70,556 (±$14,067) |
| 7 | Union Township (Cumberland County) | $63,958 (±$23,422) |
| 8 | Greenup Township | $57,713 (±$10,009) |
| 9 | Crooked Creek Township (Cumberland County) | $56,700 (±$51,578) |
Showing 9 of 12 places in Cumberland 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 Neoga 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 Neoga Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Neoga 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 Neoga Township, and send estimates and invoices from your phone.
Questions about Neoga Township
What is the median household income in Neoga Township?
The median household income in Neoga Township is $88,667 (±$20,350) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Neoga Township?
About $38,000 a year, if rent is to stay at or below 30% of income at the median gross rent of $950 a month.
Have incomes in Neoga Township kept up with inflation?
In Neoga Township, the median household income went from $52,841 in 2015–2019 to $88,667 in 2020–2024 (+67.8%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Neoga Township?
The median renting household in Neoga Township, IL earns $34,896 (±$15,876) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Neoga township, Cumberland County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Neoga township, Cumberland County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Neoga township, Cumberland County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Neoga township, Cumberland County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Neoga township, Cumberland County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Neoga township, Cumberland 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 Neoga township, Cumberland County, Illinois (county subdivision:51993, in state:17 county:035).
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 Neoga Township at a glance
- Median rent in Neoga Township
- Rent burden in Neoga Township
- Renters and owners in Neoga Township
- Home values in Neoga Township
- Homeowner costs in Neoga Township
- Property taxes in Neoga Township
- Types of homes in Neoga Township
- Bedrooms in Neoga Township
- Age of homes in Neoga Township
- Heating fuel in Neoga Township
- Commute and cars in Neoga Township
- Population growth in Neoga Township
- How long people stay in Neoga Township
- Illinois landlord and tenant rules
- Housing across Cumberland County
- Illinois places ranked by median household income
- Housing data for every place in Illinois