What percentage of people rent in Polo, IL?
40.7% (±7.5 points) of the occupied homes in Polo, IL are rented (2020–2024 American Community Survey).
That is 437 renting households against 638 that own their home.
In Polo, the share of households that rent went from 31.0% in 2015–2019 to 40.7% in 2020–2024 (+9.7 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 40.7% (±7.5 points)
- Renting households
- 437 (±92)
- Median renter income
- $39,044 (±$17,673)
Who rents and who owns in Polo
| Polo | Ogle County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 40.7% (±7.5 points) | 24.6% (±1.8 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 437 (±92) | 5,128 (±400) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 638 (±105) | 15,693 (±418) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.4 (±0.5) | 2.2 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.3) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $39,044 (±$17,673) | $43,670 (±$6,501) | $50,420 (±$471) | $52,966 |
| Median owner household income | $76,667 (±$9,642) | $91,839 (±$4,746) | $103,505 (±$377) | $100,009 |
In Polo, the renter share is higher than in Ogle County (24.6%).
It is also higher than in Illinois (32.9%).
It is not measurably different from the national figure (34.8%).
In Ogle County, Polo ranks 4 of 37 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 156 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Polo has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.0% (±7.5 points) | 40.7% (±7.5 points) | +9.7 percentage points | Not a measurable change |
| Median gross rent | $710 (±$51) | $851 (±$118) | +19.9% | No measurable change after inflation |
| Median household income | $46,563 (±$4,828) | $63,080 (±$18,019) | +35.5% | 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 Polo
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Polo | — | 40.7% (±7.5 points) | — |
| Buffalo Township | 0.6 mi | 37.4% (±7.4 points) | Not measurably different |
| Eagle Point Township | 4.0 mi | 31.3% (±24.9 points) | Not measurably different |
| Woosung Township | 4.3 mi | 34.7% (±26.0 points) | Not measurably different |
| Lincoln Township | 5.9 mi | 25.6% (±22.7 points) | Not measurably different |
| Pine Creek Township | 6.5 mi | 0.0% (±8.7 points) | Lower |
| Elkhorn Grove Township | 6.9 mi | 0.0% (±45.1 points) | Not measurably different |
| Brookville Township | 7.0 mi | 35.9% (±35.8 points) | Not measurably different |
| Palmyra Township | 8.6 mi | 14.4% (±8.6 points) | Lower |
Nearby places with a measurably lower figure: Pine Creek Township, IL (0.0%), Palmyra Township, IL (14.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Ogle County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Dement Township | 47.9% (±11.9 points) |
| 2 | Rochelle | 46.9% (±5.9 points) |
| 3 | Oregon | 41.3% (±9.4 points) |
| 4 | Polo | 40.7% (±7.5 points) |
| 5 | Buffalo Township | 37.4% (±7.4 points) |
| 6 | Creston | 36.7% (±14.2 points) |
| 7 | Flagg Township | 36.2% (±5.2 points) |
| 8 | Brookville Township | 35.9% (±35.8 points) |
| 9 | Oregon-Nashua Township | 35.5% (±8.0 points) |
| 10 | Woosung Township | 34.7% (±26.0 points) |
Showing 10 of 37 places in Ogle 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 Polo
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Questions about Polo
How many renters are there in Polo?
Polo has an estimated 437 (±92) renting households, 40.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Polo?
In Polo, the share of households that rent went from 31.0% in 2015–2019 to 40.7% in 2020–2024 (+9.7 percentage points), not a measurable change.
How big are renting households in Polo?
A renting household in Polo has 2.4 people on average, against 2.2 in an owned home.
How much do renters earn in Polo?
The median renting household in Polo, IL has an income of $39,044 (±$17,673) a year, against $76,667 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Polo city, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Polo city, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Polo city, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Polo city, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Polo city, 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 Polo city, Illinois (place:60937, in state:17).
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 Polo at a glance
- Median rent in Polo
- Rent by bedrooms in Polo
- Rent burden in Polo
- Income and affordability in Polo
- Home values in Polo
- Homeowner costs in Polo
- Property taxes in Polo
- Types of homes in Polo
- Bedrooms in Polo
- Age of homes in Polo
- Heating fuel in Polo
- Commute and cars in Polo
- Crime reported to police in Polo
- Population growth in Polo
- How long people stay in Polo
- Illinois landlord and tenant rules
- Housing across Ogle County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois