What percentage of people rent in Oakwood Township, IL?

20.2% (±5.8 points) of the occupied homes in Oakwood Township, IL are rented (2020–2024 American Community Survey).

That is 274 renting households against 1,080 that own their home.

In Oakwood Township, the share of households that rent went from 14.5% in 2015–2019 to 20.2% in 2020–2024 (+5.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
20.2% (±5.8 points)
Renting households
274 (±81)
Median renter income
$30,370 (±$11,045)

Who rents and who owns in Oakwood Township

Tenure, estimate (90% margin of error)
Oakwood TownshipVermilion CountyIllinoisUnited States
Renter-occupied share20.2% (±5.8 points)29.8% (±1.9 points)32.9% (±0.2 points)34.8%
Renting households274 (±81)8,955 (±586)1,657,539 (±10,322)45,017,354
Owning households1,080 (±106)21,129 (±605)3,378,910 (±14,728)84,210,142
Average renter household size1.9 (±0.3)2.2 (±0.1)2.2 (±0.0)2.3
Average owner household size2.4 (±0.2)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$30,370 (±$11,045)$32,465 (±$3,456)$50,420 (±$471)$52,966
Median owner household income$69,342 (±$13,509)$74,375 (±$3,099)$103,505 (±$377)$100,009

In Oakwood Township, the renter share is lower than in Vermilion County (29.8%).

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

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

In Vermilion County, Oakwood Township ranks 24 of 40 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1231 of 2,751.

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

How renting in Oakwood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent14.5% (±4.1 points)20.2% (±5.8 points)+5.7 percentage pointsNot a measurable change
Median gross rent$715 (±$44)$833 (±$317)+16.5%No measurable change after inflation
Median household income$60,417 (±$11,309)$57,188 (±$6,434)−5.3%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 Oakwood Township

Nearest places with a published estimate, compared with Oakwood Township
PlaceDistanceHouseholds that rentCompared with this place
Oakwood Township—20.2% (±5.8 points)—
Muncie1.2 mi8.7% (±9.5 points)Lower
Fithian2.3 mi16.0% (±10.2 points)Not measurably different
Oakwood3.6 mi22.3% (±7.4 points)Not measurably different
Pilot Township (Vermilion County)5.9 mi3.0% (±2.6 points)Lower
Fairmount6.0 mi20.6% (±9.9 points)Not measurably different
Ogden6.3 mi7.1% (±3.8 points)Lower
Vance Township6.4 mi16.7% (±7.9 points)Not measurably different
Ogden Township7.1 mi11.4% (±4.9 points)Lower

Nearby places with a measurably lower figure: Muncie, IL (8.7%), Pilot Township (Vermilion County), IL (3.0%), Ogden, IL (7.1%).

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

Households that rent across Vermilion County, place by place

RankPlaceHouseholds that rent
18Elwood Township23.5% (±8.6 points)
19Butler Township22.4% (±12.1 points)
20Oakwood22.3% (±7.4 points)
21Jamaica Township21.9% (±31.2 points)
22Catlin21.2% (±7.2 points)
23Fairmount20.6% (±9.9 points)
24Oakwood Township20.2% (±5.8 points)
25Henning20.0% (±12.4 points)
26Bismarck17.9% (±9.7 points)
27Middlefork Township17.6% (±6.7 points)
28Catlin Township17.5% (±6.2 points)
29Vance Township16.7% (±7.9 points)
30Fithian16.0% (±10.2 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.

What you can do on Seayora in Oakwood Township

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Questions about Oakwood Township

How many renters are there in Oakwood Township?

Oakwood Township has an estimated 274 (±81) renting households, 20.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Oakwood Township?

In Oakwood Township, the share of households that rent went from 14.5% in 2015–2019 to 20.2% in 2020–2024 (+5.7 percentage points), not a measurable change.

How big are renting households in Oakwood Township?

A renting household in Oakwood Township has 1.9 people on average, against 2.4 in an owned home.

How much do renters earn in Oakwood Township?

The median renting household in Oakwood Township, IL has an income of $30,370 (±$11,045) a year, against $69,342 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 Oakwood township, Vermilion County, Illinois (county subdivision:55015, 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_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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