What percentage of people rent in Palatine Township, IL?

Name: Renters and owners in Palatine Township, IL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

31.5% (±1.6 points) of the occupied homes in Palatine Township, IL are rented (2020–2024 American Community Survey).

That is 14,129 renting households against 30,655 that own their home.

In Palatine Township, the share of households that rent went from 29.8% in 2015–2019 to 31.5% in 2020–2024 (+1.7 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 31.5% (±1.6 points)
Renting households: 14,129 (±752)
Median renter income: $66,789 (±$5,607)

Who rents and who owns in Palatine Township

Tenure, estimate (90% margin of error)
	Palatine Township	Cook County	Illinois	United States
Renter-occupied share	31.5% (±1.6 points)	42.3% (±0.3 points)	32.9% (±0.2 points)	34.8%
Renting households	14,129 (±752)	887,660 (±6,720)	1,657,539 (±10,322)	45,017,354
Owning households	30,655 (±955)	1,212,570 (±7,287)	3,378,910 (±14,728)	84,210,142
Average renter household size	2.3 (±0.1)	2.1 (±0.0)	2.2 (±0.0)	2.3
Average owner household size	2.5 (±0.1)	2.6 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$66,789 (±$5,607)	$55,388 (±$886)	$50,420 (±$471)	$52,966
Median owner household income	$131,831 (±$6,452)	$108,804 (±$833)	$103,505 (±$377)	$100,009

In Palatine Township, the renter share is lower than in Cook County (42.3%).

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

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

In Cook County, Palatine Township ranks 55 of 148 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 448 of 2,751.

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

How renting in Palatine Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	29.8% (±1.2 points)	31.5% (±1.6 points)	+1.7 percentage points	Not a measurable change
Median gross rent	$1,232 (±$26)	$1,618 (±$46)	+31.3%	Up after inflation
Median household income	$90,209 (±$3,659)	$104,916 (±$5,437)	+16.3%	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 Palatine Township

Nearest places with a published estimate, compared with Palatine Township
Place	Distance	Households that rent	Compared with this place
Palatine Township	—	31.5% (±1.6 points)	—
Palatine	1.1 mi	32.6% (±2.2 points)	Not measurably different
Inverness	1.9 mi	1.8% (±1.9 points)	Lower
Rolling Meadows	3.2 mi	28.2% (±4.1 points)	Not measurably different
Deer Park	4.0 mi	26.5% (±6.6 points)	Not measurably different
Barrington	4.3 mi	21.6% (±4.4 points)	Lower
Arlington Heights	4.3 mi	26.0% (±2.0 points)	Lower
Kildeer	4.9 mi	1.3% (±1.5 points)	Lower
South Barrington	5.0 mi	1.8% (±1.6 points)	Lower

Nearby places with a measurably lower figure: Inverness, IL (1.8%), Barrington, IL (21.6%), Arlington Heights, IL (26.0%).

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

Households that rent across Cook County, place by place

Rank	Place	Households that rent
49	Phoenix	33.6% (±10.7 points)
50	McCook	33.3% (±19.5 points)
51	Prospect Heights	33.2% (±5.8 points)
52	Posen	32.9% (±9.8 points)
53	North Riverside	32.7% (±7.9 points)
54	Palatine	32.6% (±2.2 points)
55	Palatine Township	31.5% (±1.6 points)
56	Mount Prospect	31.3% (±2.3 points)
57 (tie)	Proviso Township	30.7% (±1.5 points)
57 (tie)	Schaumburg Township	30.7% (±1.8 points)
59	Northlake	29.4% (±5.1 points)
60	Hickory Hills	28.9% (±4.3 points)
61	Rolling Meadows	28.2% (±4.1 points)

Showing 13 of 148 places in Cook 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.

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Questions about Palatine Township

How many renters are there in Palatine Township?

Palatine Township has an estimated 14,129 (±752) renting households, 31.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Palatine Township?

In Palatine Township, the share of households that rent went from 29.8% in 2015–2019 to 31.5% in 2020–2024 (+1.7 percentage points), not a measurable change.

How big are renting households in Palatine Township?

A renting household in Palatine Township has 2.3 people on average, against 2.5 in an owned home.

How much do renters earn in Palatine Township?

The median renting household in Palatine Township, IL has an income of $66,789 (±$5,607) a year, against $131,831 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 Palatine township, Cook County, Illinois (county subdivision:57238, in state:17 county:031).

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.