What percentage of people rent in Ridge Farm, IL?

30.1% (±10.7 points) of the occupied homes in Ridge Farm, IL are rented (2020–2024 American Community Survey).

That is 104 renting households against 241 that own their home.

In Ridge Farm, the share of households that rent went from 25.4% in 2015–2019 to 30.1% in 2020–2024 (+4.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
30.1% (±10.7 points)
Renting households
104 (±49)
Median renter income
$38,000 (±$12,887)

Who rents and who owns in Ridge Farm

Tenure, estimate (90% margin of error)
Ridge FarmVermilion CountyIllinoisUnited States
Renter-occupied share30.1% (±10.7 points)29.8% (±1.9 points)32.9% (±0.2 points)34.8%
Renting households104 (±49)8,955 (±586)1,657,539 (±10,322)45,017,354
Owning households241 (±63)21,129 (±605)3,378,910 (±14,728)84,210,142
Average renter household size2.3 (±0.8)2.2 (±0.1)2.2 (±0.0)2.3
Average owner household size2.4 (±0.3)2.4 (±0.1)2.6 (±0.0)2.6
Median renter household income$38,000 (±$12,887)$32,465 (±$3,456)$50,420 (±$471)$52,966
Median owner household income$58,875 (±$10,902)$74,375 (±$3,099)$103,505 (±$377)$100,009

In Ridge Farm, the renter share is not measurably different from Vermilion County (29.8%).

It is not measurably different from Illinois (32.9%).

It is not measurably different from the national figure (34.8%).

In Vermilion County, Ridge Farm ranks 7 of 40 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 515 of 2,751.

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

How renting in Ridge Farm has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent25.4% (±7.8 points)30.1% (±10.7 points)+4.7 percentage pointsNot a measurable change
Median gross rent$709 (±$40)$690 (±$159)−2.7%Down after inflation
Median household income$50,375 (±$11,525)$50,313 (±$8,791)−0.1%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 Ridge Farm

Nearest places with a published estimate, compared with Ridge Farm
PlaceDistanceHouseholds that rentCompared with this place
Ridge Farm—30.1% (±10.7 points)—
Elwood Township1.5 mi23.5% (±8.6 points)Not measurably different
Love Township4.1 mi0.0% (±37.8 points)Not measurably different
Ross Township (Edgar County)5.1 mi36.3% (±11.0 points)Not measurably different
Indianola5.2 mi10.8% (±10.9 points)Lower
Carroll Township5.4 mi8.6% (±6.6 points)Lower
Prairie Township (Edgar County)5.5 mi0.0% (±33.9 points)Not measurably different
Georgetown5.7 mi25.7% (±9.1 points)Not measurably different
Chrisman6.4 mi44.6% (±11.7 points)Not measurably different

Nearby places with a measurably lower figure: Indianola, IL (10.8%), Carroll Township, IL (8.6%).

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

Households that rent across Vermilion County, place by place

RankPlaceHouseholds that rent
1Danville42.7% (±2.6 points)
2Danville Township39.1% (±3.1 points)
3Newell Township33.5% (±3.9 points)
4Rankin31.5% (±16.2 points)
5Hoopeston30.9% (±10.7 points)
6Rossville30.6% (±9.4 points)
7Ridge Farm30.1% (±10.7 points)
8Grant Township (Vermilion County)29.4% (±9.8 points)
9 (tie)Belgium28.9% (±12.8 points)
9 (tie)Ross Township (Vermilion County)28.9% (±9.1 points)
11 (tie)Westville26.4% (±8.8 points)
11 (tie)South Ross Township26.4% (±11.2 points)
13Allerton26.3% (±12.4 points)

Showing 13 of 40 places in Vermilion 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 Ridge Farm

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Questions about Ridge Farm

How many renters are there in Ridge Farm?

Ridge Farm has an estimated 104 (±49) renting households, 30.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Ridge Farm?

In Ridge Farm, the share of households that rent went from 25.4% in 2015–2019 to 30.1% in 2020–2024 (+4.7 percentage points), not a measurable change.

How big are renting households in Ridge Farm?

A renting household in Ridge Farm has 2.3 people on average, against 2.4 in an owned home.

How much do renters earn in Ridge Farm?

The median renting household in Ridge Farm, IL has an income of $38,000 (±$12,887) a year, against $58,875 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 Ridge Farm village, Illinois (place:63862, in state:17).

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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