What is the median household income in Newcomb Township, IL?
The median household income in Newcomb Township, IL is $109,265 (±$22,794) a year (2020–2024 American Community Survey).
In Newcomb Township, the median household income went from $103,578 in 2015–2019 to $109,265 in 2020–2024 (+5.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $109,265 (±$22,794)
- Median renter income
- $88,854 (±$42,719)
Income in Newcomb Township against Champaign County, its state and the nation
| Newcomb Township | Champaign County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $109,265 (±$22,794) | $63,683 (±$1,675) | $83,390 (±$362) | $80,734 |
| Median renter household income | $88,854 (±$42,719) | $33,434 (±$1,390) | $50,420 (±$471) | $52,966 |
| Median owner household income | $109,534 (±$36,861) | $101,708 (±$3,128) | $103,505 (±$377) | $100,009 |
| Median gross rent | — | $1,051 (±$21) | $1,274 (±$5) | $1,413 |
In Newcomb Township, median household income is higher than in Champaign County ($63,683).
It is also higher than in Illinois ($83,390).
It is higher than the national figure ($80,734).
In Champaign County, Newcomb Township ranks 12 of 54 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 374 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $103,578 (±$12,236) | $109,265 (±$22,794) | +5.5% | No measurable change after inflation |
| Median home value | $237,100 (±$51,142) | $374,800 (±$53,370) | +58.1% | 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 Newcomb Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Newcomb Township | — | $109,265 (±$22,794) | — |
| Lake of the Woods | 4.3 mi | $61,625 (±$23,542) | Lower |
| Fisher | 4.5 mi | $97,702 (±$11,141) | Not measurably different |
| Mahomet | 5.1 mi | $118,586 (±$11,263) | Not measurably different |
| Mahomet Township | 5.5 mi | $115,615 (±$12,850) | Not measurably different |
| Brown Township | 5.8 mi | $91,429 (±$13,488) | Not measurably different |
| Condit Township | 6.4 mi | $111,607 (±$44,968) | Not measurably different |
| Mansfield | 6.7 mi | $78,750 (±$10,740) | Lower |
| Foosland | 6.9 mi | $81,250 (±$24,500) | Not measurably different |
Nearby places with a measurably lower figure: Lake of the Woods, IL ($61,625), Mansfield, IL ($78,750).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Champaign County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Mahomet | $118,586 (±$11,263) |
| 7 | St. Joseph Township | $116,250 (±$16,860) |
| 8 | Mahomet Township | $115,615 (±$12,850) |
| 9 | Crittenden Township | $114,519 (±$49,015) |
| 10 | Philo Township | $113,201 (±$6,263) |
| 11 | Condit Township | $111,607 (±$44,968) |
| 12 | Newcomb Township | $109,265 (±$22,794) |
| 13 | Hensley Township | $108,081 (±$7,312) |
| 14 | Sidney Township | $107,222 (±$21,978) |
| 15 | Philo | $105,625 (±$20,790) |
| 16 | Sadorus Township | $105,313 (±$24,398) |
| 17 | Somer Township | $103,793 (±$55,359) |
| 18 | Scott Township (Champaign County) | $101,875 (±$59,019) |
Showing 13 of 54 places in Champaign 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 Newcomb Township
What is the median household income in Newcomb Township?
The median household income in Newcomb Township is $109,265 (±$22,794) a year (2020–2024 American Community Survey).
Have incomes in Newcomb Township kept up with inflation?
In Newcomb Township, the median household income went from $103,578 in 2015–2019 to $109,265 in 2020–2024 (+5.5%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Newcomb Township?
The median renting household in Newcomb Township, IL earns $88,854 (±$42,719) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Newcomb township, Champaign County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Newcomb township, Champaign County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newcomb township, Champaign County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Newcomb township, Champaign County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Newcomb township, Champaign County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Newcomb township, Champaign 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 Newcomb township, Champaign County, Illinois (county subdivision:52376, in state:17 county:019).
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 Newcomb Township at a glance
- Home values in Newcomb Township
- Homeowner costs in Newcomb Township
- Property taxes in Newcomb Township
- Types of homes in Newcomb Township
- Age of homes in Newcomb Township
- Heating fuel in Newcomb Township
- Commute and cars in Newcomb Township
- Population growth in Newcomb Township
- Illinois landlord and tenant rules
- Housing across Champaign County
- Illinois places ranked by median household income
- Housing data for every place in Illinois