How many renters in Reed Township, IL pay more than 30% of their income on rent?
56.7% (±19.3 points) of renting households in Reed Township, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
54.0% spend 35% or more.
The median renting household spends 36.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 56.7% (±19.3 points)
- Paying 35% or more
- 54.0% (±18.8 points)
- Median share of income
- 36.1% (±14.9 points)
Rent as a share of income in Reed Township
| Share of income spent on rent | Reed Township | Will County | Illinois | United States |
|---|---|---|---|---|
| Less than 15% | 15.0% (±15.1 points) | 12.0% | 14.4% | 12.6% |
| 15% to 19.9% | 15.6% (±9.6 points) | 12.2% | 13.4% | 12.2% |
| 20% to 24.9% | 5.9% (±6.4 points) | 12.4% | 13.1% | 12.6% |
| 25% to 29.9% | 6.8% (±5.3 points) | 12.0% | 11.2% | 11.5% |
| 30% to 34.9% | 2.7% (±4.2 points) | 8.1% | 8.9% | 9.2% |
| 35% or more | 54.0% (±18.8 points) | 43.4% | 39.0% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Reed Township against Will County, its state and the nation
| Reed Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 56.7% (±19.3 points) | 51.5% (±2.5 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 54.0% (±18.8 points) | 43.4% (±2.2 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 36.1% (±14.9 points) | 30.9% (±1.5 points) | 29.1% (±0.2 points) | 30.6% |
| Median renter household income | $35,521 (±$16,877) | $53,701 (±$2,319) | $50,420 (±$471) | $52,966 |
| Median gross rent | $1,057 (±$92) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
In Reed Township, the share of renters paying 30% or more of income is not measurably different from Will County (51.5%).
It is not measurably different from Illinois (47.9%).
It is not measurably different from the national figure (51.1%).
In Will County, Reed Township ranks 14 of 54 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 503 of 2,503.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Reed Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Reed Township | — | 56.7% (±19.3 points) | — |
| Godley | 1.5 mi | 28.1% (±63.5 points) | Not measurably different |
| Braidwood | 1.9 mi | 59.6% (±21.2 points) | Not measurably different |
| Braceville | 3.0 mi | 0.0% (±109.3 points) | Not measurably different |
| Braceville Township | 3.3 mi | 29.9% (±15.9 points) | Lower |
| Diamond | 3.5 mi | 30.5% (±17.4 points) | Lower |
| Coal City | 4.2 mi | 37.0% (±20.6 points) | Not measurably different |
| Essex | 4.3 mi | 0.0% (±91.9 points) | Not measurably different |
| Custer Township | 4.4 mi | 0.0% (±75.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Braceville Township, IL (29.9%), Diamond, IL (30.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Will County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 8 | Crete | 70.5% (±31.1 points) |
| 9 | Homer Township | 63.3% (±14.8 points) |
| 10 | Channahon Township | 63.1% (±27.6 points) |
| 11 | Romeoville | 61.7% (±12.6 points) |
| 12 | Braidwood | 59.6% (±21.2 points) |
| 13 | University Park | 58.4% (±19.2 points) |
| 14 | Reed Township | 56.7% (±19.3 points) |
| 15 | Crete Township | 56.4% (±11.3 points) |
| 16 | Lockport Township | 56.1% (±7.5 points) |
| 17 | Bolingbrook | 55.7% (±7.0 points) |
| 18 | Joliet Township | 55.4% (±4.4 points) |
| 19 (tie) | Manhattan | 54.9% (±26.1 points) |
| 19 (tie) | Manhattan Township | 54.9% (±26.1 points) |
Showing 13 of 54 places in Will County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
What you can do on Seayora in Reed Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Reed Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Reed Township beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Reed Township, and send estimates and invoices from your phone.
Questions about Reed Township
Are renters in Reed Township rent-burdened?
56.7% of renting households in Reed Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Reed Township spend on rent?
The median renting household in Reed Township, IL spends 36.1% (±14.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Reed township, Will County, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Reed township, Will County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Reed township, Will County, Illinois
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 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 API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Reed Township at a glance
- Median rent in Reed Township
- Rent by bedrooms in Reed Township
- Renters and owners in Reed Township
- Income and affordability in Reed Township
- Home values in Reed Township
- Homeowner costs in Reed Township
- Property taxes in Reed Township
- Types of homes in Reed Township
- Bedrooms in Reed Township
- Age of homes in Reed Township
- Heating fuel in Reed Township
- Commute and cars in Reed Township
- Population growth in Reed Township
- How long people stay in Reed Township
- Crowding and facilities in Reed Township
- Fair Market Rent in Reed Township
- Illinois landlord and tenant rules
- Housing across Will County
- Illinois places ranked by rent burden
- Housing data for every place in Illinois