Is Reed Township, IL growing?

Reed Township, IL had an estimated 6,903 (±21) residents in 2020–2024, against 7,046 in 2015–2019.

That is a change of −2.0%, a measurable decrease.

Its housing went from 3,325 to 3,303 homes (−0.7%), not a measurable change.

1.4% of today’s homes were built in 2020 or later.

Figures last updated on .

Residents now
6,903 (±21)
Amount of change
−2.0%
Homes change
−0.7%
Built 2020 or later
1.4%

Residents and homes in Reed Township, 2015–2019 and 2020–2024

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Residents7,046 (±27)6,903 (±21)−2.0%Measurable decrease
Housing units3,325 (±188)3,303 (±194)−0.7%Not a measurable change
Households that rent23.7% (±4.8 points)13.0% (±3.8 points)−10.7 percentage pointsMeasurable decrease
Median gross rent$975 (±$40)$1,057 (±$92)+8.4%Down after inflation
Median home value$161,000 (±$4,970)$200,200 (±$15,419)+24.3%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.

Growth in Reed Township against Will County, its state and the nation

Change between 2015–2019 and 2020–2024
ResidentsVerdictHousing units
Reed Township−2.0%Measurable decrease−0.7%
Will County+1.8%Measurable increase+4.3%
Illinois−0.6%Measurable decrease+1.8%
United States+3.1%Measurable increase+4.6%

A change in a place’s boundaries between the two periods (an annexation, say) changes its counts as well; the Census Bureau’s figures are for the place as it was drawn in each period.

New homes in Reed Township

Housing units by year built, 2020–2024
Year builtReed TownshipWill CountyIllinoisUnited States
2020 or later1.4% (±1.5 points)1.2%0.7%2.0%
2010 to 20194.0% (±2.3 points)6.3%5.0%9.4%
2000 to 200923.8% (±6.3 points)25.5%11.2%13.6%

5.4% of the homes in Reed Township were built in 2010 or later.

The median age of residents is 45.6 years.

Growth in places near Reed Township

Change in residents between 2015–2019 and 2020–2024
PlaceDistanceResidents nowAmount of changeVerdict
Reed Township—6,903−2.0%Measurable decrease
Godley1.5 mi602−4.6%Not a measurable change
Braidwood1.9 mi6,062−4.9%Measurable decrease
Braceville3.0 mi860+13.3%Not a measurable change
Braceville Township3.3 mi6,529+4.0%Measurable increase
Diamond3.5 mi2,984+10.6%Not a measurable change
Coal City4.2 mi5,317+0.4%Not a measurable change
Essex4.3 mi1,026+13.1%Not a measurable change
Custer Township4.4 mi1,503+13.5%Not a measurable change

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 Reed Township

Is Reed Township growing?

Reed Township, IL had an estimated 6,903 residents in 2020–2024 and 7,046 in 2015–2019, a change of −2.0%: a measurable decrease by the Census Bureau’s test.

How many homes have been added in Reed Township?

The estimated number of housing units went from 3,325 in 2015–2019 to 3,303 in 2020–2024 (−0.7%), not a measurable change.

How much new construction is there in Reed Township?

1.4% of homes in Reed Township were built in 2020 or later and 4.0% between 2010 and 2019.

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) for Reed township, Will County, Illinois (county subdivision:63108, 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 B01003_001E, B01003_001M, B25001_001E, B25001_001M, DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0017PE, DP04_0017PM, DP04_0018PE, DP04_0018PM, DP05_0018E, DP05_0018M

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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