What percentage of people rent in Peotone Township, IL?
29.6% (±8.7 points) of the occupied homes in Peotone Township, IL are rented (2020–2024 American Community Survey).
That is 556 renting households against 1,325 that own their home.
In Peotone Township, the share of households that rent went from 23.9% in 2015–2019 to 29.6% in 2020–2024 (+5.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 29.6% (±8.7 points)
- Renting households
- 556 (±201)
- Median renter income
- $33,750 (±$17,259)
Who rents and who owns in Peotone Township
| Peotone Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.6% (±8.7 points) | 17.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 556 (±201) | 42,123 (±1,561) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 1,325 (±114) | 202,150 (±1,705) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.4 (±0.3) | 2.4 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.9 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $33,750 (±$17,259) | $53,701 (±$2,319) | $50,420 (±$471) | $52,966 |
| Median owner household income | $116,131 (±$33,978) | $123,406 (±$1,822) | $103,505 (±$377) | $100,009 |
In Peotone Township, the renter share is higher than in Will County (17.2%).
It is not measurably different from Illinois (32.9%).
It is not measurably different from the national figure (34.8%).
In Will County, Peotone Township ranks 11 of 57 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 541 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Peotone Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.9% (±5.5 points) | 29.6% (±8.7 points) | +5.7 percentage points | Not a measurable change |
| Median gross rent | $908 (±$94) | $986 (±$157) | +8.6% | No measurable change after inflation |
| Median household income | $75,357 (±$10,075) | $80,684 (±$18,461) | +7.1% | 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 Peotone Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Peotone Township | — | 29.6% (±8.7 points) | — |
| Peotone | 2.8 mi | 23.3% (±6.1 points) | Not measurably different |
| Will Township | 5.8 mi | 13.4% (±5.4 points) | Lower |
| Green Garden Township | 5.8 mi | 7.1% (±6.8 points) | Lower |
| Wilton Township | 5.8 mi | 1.0% (±1.7 points) | Lower |
| Manteno Township | 6.3 mi | 27.6% (±6.0 points) | Not measurably different |
| Manteno | 6.6 mi | 24.4% (±6.4 points) | Not measurably different |
| Monee | 7.3 mi | 7.0% (±5.6 points) | Lower |
| Monee Township | 8.1 mi | 22.1% (±4.6 points) | Not measurably different |
Nearby places with a measurably lower figure: Will Township, IL (13.4%), Green Garden Township, IL (7.1%), Wilton Township, IL (1.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Will County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 4 (tie) | Wilmington Township | 36.3% (±6.3 points) |
| 6 | Wilmington (Will County) | 35.6% (±6.2 points) |
| 7 | Ingalls Park | 34.8% (±10.5 points) |
| 8 | Crest Hill | 32.7% (±4.1 points) |
| 9 | Ridgewood | 30.5% (±15.2 points) |
| 10 | Fairmont | 30.1% (±9.7 points) |
| 11 | Peotone Township | 29.6% (±8.7 points) |
| 12 | Joliet | 26.3% (±1.2 points) |
| 13 | Peotone | 23.3% (±6.1 points) |
| 14 | Crete Township | 22.9% (±3.1 points) |
| 15 | Monee Township | 22.1% (±4.6 points) |
| 16 | Lockport Township | 21.7% (±2.0 points) |
| 17 | Elwood | 21.1% (±8.0 points) |
Showing 13 of 57 places in Will 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 Peotone Township
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Questions about Peotone Township
How many renters are there in Peotone Township?
Peotone Township has an estimated 556 (±201) renting households, 29.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Peotone Township?
In Peotone Township, the share of households that rent went from 23.9% in 2015–2019 to 29.6% in 2020–2024 (+5.7 percentage points), not a measurable change.
How big are renting households in Peotone Township?
A renting household in Peotone Township has 1.4 people on average, against 2.7 in an owned home.
How much do renters earn in Peotone Township?
The median renting household in Peotone Township, IL has an income of $33,750 (±$17,259) a year, against $116,131 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Peotone township, Will County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Peotone township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Peotone township, Will County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Peotone township, Will County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Peotone township, Will 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 Peotone township, Will County, Illinois (county subdivision:59065, in state:17 county:197).
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 Peotone Township at a glance
- Median rent in Peotone Township
- Rent by bedrooms in Peotone Township
- Income and affordability in Peotone Township
- Home values in Peotone Township
- Homeowner costs in Peotone Township
- Property taxes in Peotone Township
- Types of homes in Peotone Township
- Bedrooms in Peotone Township
- Age of homes in Peotone Township
- Heating fuel in Peotone Township
- Commute and cars in Peotone Township
- Population growth in Peotone Township
- How long people stay in Peotone Township
- Crowding and facilities in Peotone Township
- Fair Market Rent in Peotone Township
- Illinois landlord and tenant rules
- Housing across Will County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois