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

Tenure, estimate (90% margin of error)
Peotone TownshipWill CountyIllinoisUnited States
Renter-occupied share29.6% (±8.7 points)17.2% (±0.6 points)32.9% (±0.2 points)34.8%
Renting households556 (±201)42,123 (±1,561)1,657,539 (±10,322)45,017,354
Owning households1,325 (±114)202,150 (±1,705)3,378,910 (±14,728)84,210,142
Average renter household size1.4 (±0.3)2.4 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent23.9% (±5.5 points)29.6% (±8.7 points)+5.7 percentage pointsNot 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

Nearest places with a published estimate, compared with Peotone Township
PlaceDistanceHouseholds that rentCompared with this place
Peotone Township—29.6% (±8.7 points)—
Peotone2.8 mi23.3% (±6.1 points)Not measurably different
Will Township5.8 mi13.4% (±5.4 points)Lower
Green Garden Township5.8 mi7.1% (±6.8 points)Lower
Wilton Township5.8 mi1.0% (±1.7 points)Lower
Manteno Township6.3 mi27.6% (±6.0 points)Not measurably different
Manteno6.6 mi24.4% (±6.4 points)Not measurably different
Monee7.3 mi7.0% (±5.6 points)Lower
Monee Township8.1 mi22.1% (±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

RankPlaceHouseholds that rent
4 (tie)Wilmington Township36.3% (±6.3 points)
6Wilmington (Will County)35.6% (±6.2 points)
7Ingalls Park34.8% (±10.5 points)
8Crest Hill32.7% (±4.1 points)
9Ridgewood30.5% (±15.2 points)
10Fairmont30.1% (±9.7 points)
11Peotone Township29.6% (±8.7 points)
12Joliet26.3% (±1.2 points)
13Peotone23.3% (±6.1 points)
14Crete Township22.9% (±3.1 points)
15Monee Township22.1% (±4.6 points)
16Lockport Township21.7% (±2.0 points)
17Elwood21.1% (±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

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.

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 .

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