What is the rental vacancy rate in Newell Township, IL?
The rental vacancy rate in Newell Township, IL is 7.1% (±4.7 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±0.8 points).
494 (±164) homes, 7.2% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Newell Township, the rental vacancy rate went from 11.8% in 2015–2019 to 7.1% in 2020–2024 (−4.7 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 7.1% (±4.7 points)
- Homeowner vacancy rate
- 0.0% (±0.8 points)
- Vacant homes
- 494 (±164)
Vacancy in Newell Township against Vermilion County, its state and the nation
| Newell Township | Vermilion County | Illinois | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 7.1% (±4.7 points) | 9.4% (±2.5 points) | 5.0% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±0.8 points) | 1.0% (±0.5 points) | 1.0% (±0.1 points) | 0.9% |
| Vacant housing units | 494 (±164) | 4,243 (±389) | 421,003 (±7,877) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Newell Township, the rental vacancy rate is not measurably different from Vermilion County (9.4%).
It is not measurably different from Illinois (5.0%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Newell Township
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Newell Township | — | 7.1% (±4.7 points) | — |
| State Line City | 3.6 mi | 0.0% (±100.0 points) | Not measurably different |
| Bismarck | 3.8 mi | 0.0% (±53.1 points) | Not measurably different |
| Danville | 4.4 mi | 7.1% (±3.1 points) | Not measurably different |
| Blount Township | 5.7 mi | 0.0% (±26.3 points) | Not measurably different |
| Kent Township | 6.2 mi | 0.0% (±100.0 points) | Not measurably different |
| Danville Township | 7.1 mi | 10.9% (±3.7 points) | Not measurably different |
| Alvan (Alvin) | 7.1 mi | 0.0% (±100.0 points) | Not measurably different |
| South Ross Township | 7.5 mi | 0.0% (±27.8 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Vermilion County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 8 (tie) | Danville Township | 10.9% (±3.7 points) |
| 8 (tie) | Ross Township (Vermilion County) | 10.9% (±12.5 points) |
| 11 | Middlefork Township | 10.4% (±13.3 points) |
| 12 | Oakwood Township | 8.7% (±8.0 points) |
| 13 (tie) | Danville | 7.1% (±3.1 points) |
| 13 (tie) | Ridge Farm | 7.1% (±11.3 points) |
| 13 (tie) | Newell Township | 7.1% (±4.7 points) |
| 16 | Elwood Township | 5.2% (±8.5 points) |
| 17 | Georgetown Township | 4.9% (±6.6 points) |
| 18 (tie) | Allerton | 0.0% (±62.5 points) |
| 18 (tie) | Alvan (Alvin) | 0.0% (±100.0 points) |
| 18 (tie) | Bismarck | 0.0% (±53.1 points) |
| 18 (tie) | Catlin | 0.0% (±17.4 points) |
Showing 13 of 40 places in Vermilion 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 Newell Township
Is it hard to find a rental in Newell Township?
The rental vacancy rate in Newell Township, IL is 7.1% (±4.7 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Newell Township tighter than it was?
In Newell Township, the rental vacancy rate went from 11.8% in 2015–2019 to 7.1% in 2020–2024 (−4.7 percentage points), not a measurable change.
How many homes are vacant in Newell Township?
An estimated 494 (±164) housing units, 7.2% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newell township, Vermilion County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Newell township, Vermilion County, Illinois
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) for Newell township, Vermilion County, Illinois (county subdivision:52454, in state:17 county:183).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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 Newell Township at a glance
- Median rent in Newell Township
- Rent by bedrooms in Newell Township
- Rent burden in Newell Township
- Renters and owners in Newell Township
- Income and affordability in Newell Township
- Home values in Newell Township
- Homeowner costs in Newell Township
- Property taxes in Newell Township
- Types of homes in Newell Township
- Bedrooms in Newell Township
- Age of homes in Newell Township
- Heating fuel in Newell Township
- Commute and cars in Newell Township
- Population growth in Newell Township
- How long people stay in Newell Township
- Crowding and facilities in Newell Township
- Illinois landlord and tenant rules
- Housing across Vermilion County
- Illinois places ranked by rental vacancy rate
- Housing data for every place in Illinois