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
| Olio Township | Woodford County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 27.9% (±8.1 points) | 14.3% (±1.8 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 572 (±183) | 2,106 (±277) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 1,476 (±223) | 12,579 (±301) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.9 (±0.6) | 2.0 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 37.7% (±8.4 points) | 27.9% (±8.1 points) | −9.8 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Olio Township | — | 27.9% (±8.1 points) | — |
| Eureka | 2.9 mi | 28.4% (±7.8 points) | Not measurably different |
| Cruger Township | 4.0 mi | 13.5% (±14.1 points) | Not measurably different |
| Montgomery Township (Woodford County) | 4.6 mi | 12.2% (±4.3 points) | Lower |
| Secor | 5.0 mi | 14.9% (±10.1 points) | Lower |
| Roanoke Township | 5.6 mi | 15.2% (±7.0 points) | Lower |
| Palestine Township | 5.9 mi | 10.8% (±9.7 points) | Lower |
| Goodfield | 6.0 mi | 7.4% (±4.6 points) | Lower |
| Roanoke | 6.0 mi | 15.7% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Spring Bay | 34.0% (±11.3 points) |
| 2 | Bay View Gardens | 28.6% (±13.1 points) |
| 3 | Eureka | 28.4% (±7.8 points) |
| 4 (tie) | Minonk Township | 27.9% (±8.3 points) |
| 4 (tie) | Olio Township | 27.9% (±8.1 points) |
| 6 | Minonk | 27.0% (±8.4 points) |
| 7 | El Paso | 24.3% (±6.9 points) |
| 8 | El Paso Township | 21.4% (±5.9 points) |
| 9 | Panola Township | 21.1% (±31.5 points) |
| 10 | Congerville | 20.9% (±8.8 points) |
| 11 | Greene 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olio township, Woodford County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Olio township, Woodford 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 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.
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 .
Related
- Housing in Olio Township at a glance
- Median rent in Olio Township
- Rent by bedrooms in Olio Township
- Rent burden in Olio Township
- Income and affordability in Olio Township
- Home values in Olio Township
- Homeowner costs in Olio Township
- Property taxes in Olio Township
- Types of homes in Olio Township
- Bedrooms in Olio Township
- Age of homes in Olio Township
- Heating fuel in Olio Township
- Commute and cars in Olio Township
- Population growth in Olio Township
- How long people stay in Olio Township
- Illinois landlord and tenant rules
- Housing across Woodford County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois