Housing data for Preston Township, IL
Preston Township, IL has an estimated 1,601 residents and 749 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Richland County.
23.2% of households rent.
The median gross rent is $617 a month.
Its population grew measurably since 2015–2019 (+55.4%).
Figures last updated on .
- Residents
- 1,601 (±338)
- Housing units
- 749 (±139)
- Households that rent
- 23.2%
- Median gross rent
- $617
- Residents since 2015–2019
- +55.4%
What stands out in Preston Township
Households that moved in since 2020: 4.8% (±7.2 points) in Preston Township, lower than in Richland County (19.0%).
Households without a vehicle: 2.2% (±4.0 points) in Preston Township, lower than in Richland County (8.4%).
Median gross rent: $617 (±$103) in Preston Township, lower than in Richland County ($805).
Median household income: $53,941 (±$5,032) in Preston Township, lower than in Richland County ($62,455).
Housing in Preston Township at a glance
- Median rent: $617 median gross rent a month (Small sample: wide margin of error)
- Rent burden: 3.4% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 23.2% of households rent (Small sample: wide margin of error)
- Income and affordability: $53,941 median household income
- Home values: $123,100 median home value
- Homeowner costs: $1,615 median monthly cost with a mortgage
- Property taxes: $1,468 median real estate taxes a year
- Types of homes: 0.0% of homes are in buildings of 5 or more units
- Bedrooms: 68.2% of homes have 3 or more bedrooms
- Age of homes: 59.5% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 43.7% heat with utility gas
- Commute and cars: 22.9 minutes average trip to work
- Growth: +55.4% residents since 2015–2019
- How long people stay: 4.8% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 6.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Preston Township against Richland County, its state and the nation
| Preston Township | Richland County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 1,601 (±338) | 15,598 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 749 (±139) | 7,363 (±23) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 23.2% (±13.9 points) | 26.2% (±3.0 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $617 (±$103) | $805 (±$43) | $1,274 (±$5) | $1,413 |
| Median household income | $53,941 (±$5,032) | $62,455 (±$5,569) | $83,390 (±$362) | $80,734 |
| Median home value | $123,100 (±$32,894) | $112,000 (±$7,458) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $1,468 (±$393) | $1,769 (±$242) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 59.5% (±18.4 points) | 65.2% (±5.8 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 22.9 minutes (±7.6) | 19.7 minutes (±1.7) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 83.6% (±15.1 points) | 86.6% (±2.7 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 44.8 years (±15.4) | 42.3 years (±1.2) | 39.0 years (±0.1) | 38.9 years |
Preston Township covers 40.7 square miles of land, about 39 residents per square mile (Census Bureau Gazetteer).
How Preston Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,030 (±163) | 1,601 (±338) | +55.4% | Measurable increase |
| Housing units | 581 (±81) | 749 (±139) | +28.9% | Measurable increase |
| Median home value | $98,900 (±$53,014) | $123,100 (±$32,894) | +24.5% | No measurable change after inflation |
| Median household income | $60,625 (±$24,250) | $53,941 (±$5,032) | −11.0% | No measurable change after inflation |
| Median owner cost with a mortgage | $896 (±$420) | $1,615 (±$683) | +80.2% | No measurable change after inflation |
| Median real estate taxes | $1,599 (±$618) | $1,468 (±$393) | −8.2% | No measurable change after inflation |
| Households that rent | 5.7% (±4.4 points) | 23.2% (±13.9 points) | +17.5 percentage points | Measurable increase |
| Rental vacancy rate | 0.0% (±53.8 points) | 0.0% (±20.7 points) | 0.0 percentage points | Not a measurable change |
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.
Crime reported to police in Richland County
Preston Township has no police department of its own in the FBI’s figures, so this is the figure for Richland County as a whole.
In 2025, the police departments that report for Richland County recorded 157 violent and 1,007 property crimes per 100,000 residents.
A county-wide figure describes the whole county, not this place; crime varies from one community to the next.
ZIP codes in Preston Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 62425 | 48% | 838 | — | $107,000 | $54,400 |
| 62450 | 13% | 12,327 | $809 | $116,500 | $62,096 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Preston Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Olney | 5.6 mi | $809 | $99,800 | 34.6% |
| German Township | 6.1 mi | — | $209,500 | 8.3% |
| Fox Township (Jasper County) | 6.4 mi | — | $123,400 | 0.0% |
| Denver Township | 6.5 mi | — | $162,500 | 7.8% |
| Olney Township | 6.8 mi | $817 | $108,600 | 32.5% |
| Ste. Marie Township | 7.8 mi | $283 | $102,400 | 7.6% |
| Claremont | 8.7 mi | $833 | $50,000 | 24.3% |
| Ste. Marie | 8.9 mi | $283 | $102,400 | 8.9% |
Places in Illinois most like Preston Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Wyoming | $668 | $109,500 | $60,238 | 24.2% |
| Sand Ridge Township | $722 | $154,100 | $49,390 | 24.3% |
| Pendleton Township | $625 | $109,500 | $58,056 | 20.2% |
| Staunton | $630 | $143,500 | $57,904 | 25.1% |
| Noble Township | $539 | $86,000 | $49,665 | 24.4% |
| Clay City | $610 | $83,200 | $53,472 | 24.5% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Preston Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $651 | $715 | $935 | $1,114 | $1,358 |
HUD income limits for Preston Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $18,850 | $31,400 | $50,250 |
| 2 people | $21,640 | $35,900 | $57,400 |
| 3 people | $27,320 | $40,400 | $64,600 |
| 4 people | $33,000 | $44,850 | $71,750 |
| 5 people | $38,680 | $48,450 | $77,500 |
| 6 people | $44,360 | $52,050 | $83,250 |
| 7 people | $50,040 | $55,650 | $89,000 |
| 8 people | $55,720 | $59,250 | $94,750 |
These are the limits HUD sets for its housing programs in the Richland County, IL, where HUD’s median family income for fiscal year 2026 is $84,400.
A program can use its own limits; tax-credit and local programs often do.
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 Preston Township
What is the median household income in Preston Township?
The median household income in Preston Township is $53,941 (±$5,032) a year (2020–2024 American Community Survey).
What is the average home value in Preston Township, IL?
The Census Bureau publishes the median: $123,100 (±$32,894) for owner-occupied homes in Preston Township (2020–2024 American Community Survey).
What is the average mortgage payment in Preston Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Preston Township, IL is $1,615 (±$683) a month, including taxes, insurance and utilities.
How much are property taxes in Preston Township?
The median real estate tax paid by homeowners in Preston Township, IL is $1,468 (±$393) a year (2020–2024 American Community Survey).
How many homes are in Preston Township?
Preston Township, IL has an estimated 749 (±139) housing units, occupied and vacant (2020–2024 American Community Survey).
What is the most common home size in Preston Township?
The most common size is 3 bedrooms, 54.9% of homes in Preston Township, IL.
Is Preston Township growing?
In Preston Township, the number of residents went from 1,030 in 2015–2019 to 1,601 in 2020–2024 (+55.4%), a measurable increase.
What ZIP codes are in Preston Township?
The ZIP codes that cover Preston Township are 62425, 62450.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Preston township, Richland County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Preston township, Richland County, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Preston township, Richland County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Preston township, Richland County, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Preston township, Richland County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Preston township, Richland County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Preston township, Richland County, Illinois
- HUD Fair Market Rents, fiscal year 2027: Richland County, IL
- HUD Income Limits, fiscal year 2026: Richland County, IL
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Preston township, Richland County, Illinois (county subdivision:61847, 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 B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .