How many renters in Richmond, IL pay more than 30% of their income on rent?
27.7% (±10.9 points) of renting households in Richmond, IL spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
22.6% spend 35% or more.
The median renting household spends 24.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 27.7% (±10.9 points)
- Paying 35% or more
- 22.6% (±9.8 points)
- Median share of income
- 24.0% (±3.4 points)
Rent as a share of income in Richmond
| Share of income spent on rent | Richmond | McHenry County | Illinois | United States |
|---|---|---|---|---|
| Less than 15% | 16.9% (±11.7 points) | 12.9% | 14.4% | 12.6% |
| 15% to 19.9% | 16.4% (±12.0 points) | 13.1% | 13.4% | 12.2% |
| 20% to 24.9% | 20.7% (±11.9 points) | 12.4% | 13.1% | 12.6% |
| 25% to 29.9% | 18.3% (±9.8 points) | 11.1% | 11.2% | 11.5% |
| 30% to 34.9% | 5.1% (±4.7 points) | 12.5% | 8.9% | 9.2% |
| 35% or more | 22.6% (±9.8 points) | 38.1% | 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.
Richmond against McHenry County, its state and the nation
| Richmond | McHenry County | Illinois | United States | |
|---|---|---|---|---|
| Paying 30% or more | 27.7% (±10.9 points) | 50.6% (±3.7 points) | 47.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 22.6% (±9.8 points) | 38.1% (±3.1 points) | 39.0% (±0.4 points) | 41.9% |
| Median share of income | 24.0% (±3.4 points) | 30.2% (±1.3 points) | 29.1% (±0.2 points) | 30.6% |
| Median renter household income | $67,292 (±$16,681) | $56,791 (±$4,428) | $50,420 (±$471) | $52,966 |
| Median gross rent | $1,220 (±$84) | $1,401 (±$41) | $1,274 (±$5) | $1,413 |
In Richmond, the share of renters paying 30% or more of income is lower than in McHenry County (50.6%).
It is also lower than in Illinois (47.9%).
It is lower than the national figure (51.1%).
In McHenry County, Richmond ranks 36 of 45 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 1740 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 Richmond
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Richmond | — | 27.7% (±10.9 points) | — |
| Richmond Township | 0.9 mi | 31.6% (±11.5 points) | Not measurably different |
| Genoa City | 3.0 mi | 39.2% (±27.1 points) | Not measurably different |
| Spring Grove | 3.6 mi | 0.0% (±86.7 points) | Not measurably different |
| Ringwood | 4.6 mi | 52.6% (±44.3 points) | Not measurably different |
| Twin Lakes | 4.7 mi | 31.1% (±15.4 points) | Not measurably different |
| Burton Township (McHenry County) | 4.8 mi | 13.9% (±44.8 points) | Not measurably different |
| Hebron Township | 5.3 mi | 27.4% (±21.5 points) | Not measurably different |
| Town of Bloomfield (Walworth County) | 5.4 mi | 17.9% (±15.5 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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 McHenry County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 30 (tie) | Huntley | 44.8% (±19.3 points) |
| 30 (tie) | Lakewood | 44.8% (±80.9 points) |
| 32 | Johnsburg | 41.4% (±38.7 points) |
| 33 | Hebron | 41.0% (±21.8 points) |
| 34 | Grafton Township | 32.6% (±10.3 points) |
| 35 | Richmond Township | 31.6% (±11.5 points) |
| 36 | Richmond | 27.7% (±10.9 points) |
| 37 | Hebron Township | 27.4% (±21.5 points) |
| 38 | Bull Valley | 20.0% (±88.9 points) |
| 39 | Burton Township (McHenry County) | 13.9% (±44.8 points) |
| 40 | Greenwood | 5.9% (±57.9 points) |
| 41 (tie) | Spring Grove | 0.0% (±86.7 points) |
| 41 (tie) | Union | 0.0% (±112.6 points) |
Showing 13 of 45 places in McHenry 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.
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Questions about Richmond
Are renters in Richmond rent-burdened?
27.7% of renting households in Richmond 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 Richmond spend on rent?
The median renting household in Richmond, IL spends 24.0% (±3.4 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Richmond village, Illinois
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Richmond village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Richmond village, 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 Richmond village, Illinois (place:63641, in state:17).
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 Richmond at a glance
- Median rent in Richmond
- Rent by bedrooms in Richmond
- Renters and owners in Richmond
- Income and affordability in Richmond
- Home values in Richmond
- Homeowner costs in Richmond
- Property taxes in Richmond
- Types of homes in Richmond
- Bedrooms in Richmond
- Age of homes in Richmond
- Heating fuel in Richmond
- Commute and cars in Richmond
- Crime reported to police in Richmond
- Population growth in Richmond
- How long people stay in Richmond
- Crowding and facilities in Richmond
- Illinois landlord and tenant rules
- Housing across McHenry County
- Illinois places ranked by rent burden
- Housing data for every place in Illinois