What percentage of people rent in Olney Township, IL?
32.5% (±4.3 points) of the occupied homes in Olney Township, IL are rented (2020–2024 American Community Survey).
That is 1,343 renting households against 2,792 that own their home.
In Olney Township, the share of households that rent went from 36.9% in 2015–2019 to 32.5% in 2020–2024 (−4.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 32.5% (±4.3 points)
- Renting households
- 1,343 (±196)
- Median renter income
- $31,250 (±$12,540)
Who rents and who owns in Olney Township
| Olney Township | Richland County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 32.5% (±4.3 points) | 26.2% (±3.0 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 1,343 (±196) | 1,691 (±212) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 2,792 (±218) | 4,752 (±230) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.0 (±0.2) | 2.1 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $31,250 (±$12,540) | $34,469 (±$9,299) | $50,420 (±$471) | $52,966 |
| Median owner household income | $80,250 (±$8,677) | $78,757 (±$3,445) | $103,505 (±$377) | $100,009 |
In Olney Township, the renter share is higher than in Richland County (26.2%).
It is not measurably different from Illinois (32.9%).
It is not measurably different from the national figure (34.8%).
In Richland County, Olney Township ranks 2 of 14 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 399 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Olney Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.9% (±3.7 points) | 32.5% (±4.3 points) | −4.4 percentage points | Not a measurable change |
| Median gross rent | $548 (±$41) | $817 (±$30) | +49.1% | Up after inflation |
| Median household income | $41,515 (±$2,805) | $61,924 (±$6,062) | +49.2% | Up 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 Olney Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Olney Township | — | 32.5% (±4.3 points) | — |
| Olney | 1.2 mi | 34.6% (±4.8 points) | Not measurably different |
| Calhoun | 4.7 mi | 8.5% (±10.1 points) | Lower |
| Claremont | 6.2 mi | 24.3% (±19.4 points) | Not measurably different |
| Claremont Township | 6.3 mi | 6.1% (±4.9 points) | Lower |
| Madison Township | 6.6 mi | 7.8% (±4.8 points) | Lower |
| Noble Township | 6.8 mi | 24.4% (±10.3 points) | Not measurably different |
| Preston Township | 6.8 mi | 23.2% (±13.9 points) | Not measurably different |
| Noble | 7.1 mi | 25.2% (±9.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Calhoun, IL (8.5%), Claremont Township, IL (6.1%), Madison Township, IL (7.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Richland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Olney | 34.6% (±4.8 points) |
| 2 | Olney Township | 32.5% (±4.3 points) |
| 3 | Noble | 25.2% (±9.0 points) |
| 4 | Noble Township | 24.4% (±10.3 points) |
| 5 | Claremont | 24.3% (±19.4 points) |
| 6 | Preston Township | 23.2% (±13.9 points) |
| 7 | Parkersburg | 10.7% (±9.3 points) |
| 8 | Calhoun | 8.5% (±10.1 points) |
Showing 8 of 14 places in Richland 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 Olney Township
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Questions about Olney Township
How many renters are there in Olney Township?
Olney Township has an estimated 1,343 (±196) renting households, 32.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Olney Township?
In Olney Township, the share of households that rent went from 36.9% in 2015–2019 to 32.5% in 2020–2024 (−4.4 percentage points), not a measurable change.
How big are renting households in Olney Township?
A renting household in Olney Township has 2.0 people on average, against 2.5 in an owned home.
How much do renters earn in Olney Township?
The median renting household in Olney Township, IL has an income of $31,250 (±$12,540) a year, against $80,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Olney township, Richland County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Olney township, Richland County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Olney township, Richland County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Olney township, Richland County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Olney township, Richland 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 Olney township, Richland County, Illinois (county subdivision:55925, in state:17 county:159).
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 Olney Township at a glance
- Median rent in Olney Township
- Rent by bedrooms in Olney Township
- Rent burden in Olney Township
- Income and affordability in Olney Township
- Home values in Olney Township
- Homeowner costs in Olney Township
- Property taxes in Olney Township
- Types of homes in Olney Township
- Bedrooms in Olney Township
- Age of homes in Olney Township
- Heating fuel in Olney Township
- Commute and cars in Olney Township
- Population growth in Olney Township
- How long people stay in Olney Township
- Crowding and facilities in Olney Township
- Illinois landlord and tenant rules
- Housing across Richland County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois