What percentage of people rent in Richmond Township, IL?

23.1% (±4.3 points) of the occupied homes in Richmond Township, IL are rented (2020–2024 American Community Survey).

That is 647 renting households against 2,152 that own their home.

In Richmond Township, the share of households that rent went from 24.3% in 2015–2019 to 23.1% in 2020–2024 (−1.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
23.1% (±4.3 points)
Renting households
647 (±116)
Median renter income
$67,396 (±$16,728)

Who rents and who owns in Richmond Township

Tenure, estimate (90% margin of error)
Richmond TownshipMcHenry CountyIllinoisUnited States
Renter-occupied share23.1% (±4.3 points)17.3% (±1.0 points)32.9% (±0.2 points)34.8%
Renting households647 (±116)20,335 (±1,135)1,657,539 (±10,322)45,017,354
Owning households2,152 (±211)97,259 (±1,207)3,378,910 (±14,728)84,210,142
Average renter household size1.8 (±0.2)2.3 (±0.1)2.2 (±0.0)2.3
Average owner household size2.6 (±0.2)2.7 (±0.0)2.6 (±0.0)2.6
Median renter household income$67,396 (±$16,728)$56,791 (±$4,428)$50,420 (±$471)$52,966
Median owner household income$110,245 (±$14,629)$118,391 (±$2,446)$103,505 (±$377)$100,009

In Richmond Township, the renter share is higher than in McHenry County (17.3%).

It is also lower than in Illinois (32.9%).

It is lower than the national figure (34.8%).

In McHenry County, Richmond Township ranks 12 of 46 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 980 of 2,751.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Richmond Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent24.3% (±5.3 points)23.1% (±4.3 points)−1.2 percentage pointsNot a measurable change
Median gross rent$970 (±$73)$1,242 (±$104)+28.0%No measurable change after inflation
Median household income$95,372 (±$9,587)$95,789 (±$18,643)+0.4%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 Richmond Township

Nearest places with a published estimate, compared with Richmond Township
PlaceDistanceHouseholds that rentCompared with this place
Richmond Township—23.1% (±4.3 points)—
Richmond0.9 mi49.0% (±6.6 points)Higher
Spring Grove2.9 mi3.8% (±2.5 points)Lower
Genoa City3.7 mi7.5% (±3.6 points)Lower
Ringwood4.0 mi6.9% (±6.0 points)Lower
Burton Township (McHenry County)4.1 mi8.3% (±5.5 points)Lower
Twin Lakes4.8 mi21.9% (±5.8 points)Not measurably different
Johnsburg5.6 mi6.9% (±4.5 points)Lower
Pistakee Highlands5.6 mi10.4% (±5.3 points)Lower

Nearby places with a measurably lower figure: Spring Grove, IL (3.8%), Genoa City, WI (7.5%), Ringwood, IL (6.9%).

Nearby places with a measurably higher figure: Richmond, IL (49.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across McHenry County, place by place

RankPlaceHouseholds that rent
6Lakemoor34.9% (±8.7 points)
7 (tie)Woodstock28.2% (±3.8 points)
7 (tie)Dorr Township28.2% (±4.4 points)
9McCullom Lake27.6% (±12.0 points)
10Greenwood25.8% (±20.7 points)
11McHenry25.6% (±3.1 points)
12Richmond Township23.1% (±4.3 points)
13Hebron22.8% (±7.7 points)
14Crystal Lake22.4% (±2.8 points)
15Hebron Township22.1% (±7.4 points)
16Dunham Township18.8% (±15.5 points)
17Algonquin Township17.9% (±2.0 points)
18Nunda Township17.7% (±2.3 points)

Showing 13 of 46 places in McHenry 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 Richmond Township

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Questions about Richmond Township

How many renters are there in Richmond Township?

Richmond Township has an estimated 647 (±116) renting households, 23.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Richmond Township?

In Richmond Township, the share of households that rent went from 24.3% in 2015–2019 to 23.1% in 2020–2024 (−1.2 percentage points), not a measurable change.

How big are renting households in Richmond Township?

A renting household in Richmond Township has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in Richmond Township?

The median renting household in Richmond Township, IL has an income of $67,396 (±$16,728) a year, against $110,245 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 Richmond township, McHenry County, Illinois (county subdivision:63654, in state:17 county:111).

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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