What percentage of people rent in Olive Township, IL?

18.7% (±5.4 points) of the occupied homes in Olive Township, IL are rented (2020–2024 American Community Survey).

That is 139 renting households against 604 that own their home.

In Olive Township, the share of households that rent went from 20.7% in 2015–2019 to 18.7% in 2020–2024 (−2.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
18.7% (±5.4 points)
Renting households
139 (±42)
Median renter income
$53,750 (±$24,949)

Who rents and who owns in Olive Township

Tenure, estimate (90% margin of error)
Olive TownshipMadison CountyIllinoisUnited States
Renter-occupied share18.7% (±5.4 points)25.8% (±1.1 points)32.9% (±0.2 points)34.8%
Renting households139 (±42)28,418 (±1,213)1,657,539 (±10,322)45,017,354
Owning households604 (±98)81,716 (±1,370)3,378,910 (±14,728)84,210,142
Average renter household size2.2 (±0.5)2.1 (±0.1)2.2 (±0.0)2.3
Average owner household size2.1 (±0.3)2.5 (±0.0)2.6 (±0.0)2.6
Median renter household income$53,750 (±$24,949)$43,643 (±$2,759)$50,420 (±$471)$52,966
Median owner household income$81,250 (±$22,256)$90,381 (±$1,899)$103,505 (±$377)$100,009

In Olive Township, the renter share is lower than in Madison County (25.8%).

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

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

In Madison County, Olive Township ranks 34 of 53 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1362 of 2,751.

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

How renting in Olive Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.7% (±5.8 points)18.7% (±5.4 points)−2.0 percentage pointsNot a measurable change
Median gross rent$741 (±$72)$738 (±$189)−0.4%No measurable change after inflation
Median household income$54,671 (±$9,390)$71,844 (±$7,695)+31.4%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 Olive Township

Nearest places with a published estimate, compared with Olive Township
PlaceDistanceHouseholds that rentCompared with this place
Olive Township—18.7% (±5.4 points)—
Livingston0.8 mi28.2% (±9.3 points)Not measurably different
Williamson1.7 mi32.1% (±15.8 points)Not measurably different
Staunton Township4.0 mi21.1% (±6.6 points)Not measurably different
Staunton4.1 mi25.1% (±8.1 points)Not measurably different
New Douglas Township4.2 mi19.6% (±10.4 points)Not measurably different
New Douglas4.5 mi19.8% (±10.0 points)Not measurably different
Alhambra5.2 mi23.2% (±10.0 points)Not measurably different
Worden5.3 mi8.9% (±5.2 points)Lower

Nearby places with a measurably lower figure: Worden, IL (8.9%).

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

Households that rent across Madison County, place by place

RankPlaceHouseholds that rent
28Marine21.7% (±7.2 points)
29Alhambra Township20.5% (±9.1 points)
30Jarvis Township20.2% (±4.0 points)
31Bethalto19.9% (±4.0 points)
32New Douglas19.8% (±10.0 points)
33New Douglas Township19.6% (±10.4 points)
34Olive Township18.7% (±5.4 points)
35Holiday Shores18.0% (±14.1 points)
36Chouteau Township17.7% (±4.3 points)
37Godfrey16.0% (±3.4 points)
38 (tie)Hartford15.6% (±10.2 points)
38 (tie)Saline Township15.6% (±4.1 points)
40St. Jacob14.5% (±7.2 points)

Showing 13 of 53 places in Madison 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 Olive Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Olive Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Olive Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Olive Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Olive Township

How many renters are there in Olive Township?

Olive Township has an estimated 139 (±42) renting households, 18.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Olive Township?

In Olive Township, the share of households that rent went from 20.7% in 2015–2019 to 18.7% in 2020–2024 (−2.0 percentage points), not a measurable change.

How big are renting households in Olive Township?

A renting household in Olive Township has 2.2 people on average, against 2.1 in an owned home.

How much do renters earn in Olive Township?

The median renting household in Olive Township, IL has an income of $53,750 (±$24,949) a year, against $81,250 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 Olive township, Madison County, Illinois (county subdivision:55834, in state:17 county:119).

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 .

Related