What percentage of people rent in Olio Township, IL?

27.9% (±8.1 points) of the occupied homes in Olio Township, IL are rented (2020–2024 American Community Survey).

That is 572 renting households against 1,476 that own their home.

In Olio Township, the share of households that rent went from 37.7% in 2015–2019 to 27.9% in 2020–2024 (−9.8 percentage points), not a measurable change.

Figures last updated on .

Households that rent
27.9% (±8.1 points)
Renting households
572 (±183)
Median renter income
$21,684 (±$13,335)

Who rents and who owns in Olio Township

Tenure, estimate (90% margin of error)
Olio TownshipWoodford CountyIllinoisUnited States
Renter-occupied share27.9% (±8.1 points)14.3% (±1.8 points)32.9% (±0.2 points)34.8%
Renting households572 (±183)2,106 (±277)1,657,539 (±10,322)45,017,354
Owning households1,476 (±223)12,579 (±301)3,378,910 (±14,728)84,210,142
Average renter household size1.9 (±0.6)2.0 (±0.2)2.2 (±0.0)2.3
Average owner household size2.1 (±0.2)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$21,684 (±$13,335)$36,875 (±$17,054)$50,420 (±$471)$52,966
Median owner household income$77,159 (±$22,343)$101,320 (±$3,912)$103,505 (±$377)$100,009

In Olio Township, the renter share is higher than in Woodford County (14.3%).

It is not measurably different from Illinois (32.9%).

It is not measurably different from the national figure (34.8%).

In Woodford County, Olio Township ranks 5 of 32 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 639 of 2,751.

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

How renting in Olio Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent37.7% (±8.4 points)27.9% (±8.1 points)−9.8 percentage pointsNot a measurable change
Median gross rent$607 (±$127)$715 (±$73)+17.8%No measurable change after inflation
Median household income$51,481 (±$9,703)$55,708 (±$15,996)+8.2%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 Olio Township

Nearest places with a published estimate, compared with Olio Township
PlaceDistanceHouseholds that rentCompared with this place
Olio Township—27.9% (±8.1 points)—
Eureka2.9 mi28.4% (±7.8 points)Not measurably different
Cruger Township4.0 mi13.5% (±14.1 points)Not measurably different
Montgomery Township (Woodford County)4.6 mi12.2% (±4.3 points)Lower
Secor5.0 mi14.9% (±10.1 points)Lower
Roanoke Township5.6 mi15.2% (±7.0 points)Lower
Palestine Township5.9 mi10.8% (±9.7 points)Lower
Goodfield6.0 mi7.4% (±4.6 points)Lower
Roanoke6.0 mi15.7% (±7.6 points)Lower

Nearby places with a measurably lower figure: Montgomery Township (Woodford County), IL (12.2%), Secor, IL (14.9%), Roanoke Township, IL (15.2%).

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

Households that rent across Woodford County, place by place

RankPlaceHouseholds that rent
1Spring Bay34.0% (±11.3 points)
2Bay View Gardens28.6% (±13.1 points)
3Eureka28.4% (±7.8 points)
4 (tie)Minonk Township27.9% (±8.3 points)
4 (tie)Olio Township27.9% (±8.1 points)
6Minonk27.0% (±8.4 points)
7El Paso24.3% (±6.9 points)
8El Paso Township21.4% (±5.9 points)
9Panola Township21.1% (±31.5 points)
10Congerville20.9% (±8.8 points)
11Greene Township (Woodford County)18.9% (±24.1 points)

Showing 11 of 32 places in Woodford 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 Olio Township

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Questions about Olio Township

How many renters are there in Olio Township?

Olio Township has an estimated 572 (±183) renting households, 27.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Olio Township?

In Olio Township, the share of households that rent went from 37.7% in 2015–2019 to 27.9% in 2020–2024 (−9.8 percentage points), not a measurable change.

How big are renting households in Olio Township?

A renting household in Olio Township has 1.9 people on average, against 2.1 in an owned home.

How much do renters earn in Olio Township?

The median renting household in Olio Township, IL has an income of $21,684 (±$13,335) a year, against $77,159 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 Olio township, Woodford County, Illinois (county subdivision:55821, in state:17 county:203).

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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