What percentage of people rent in Shannon, IL?
12.3% (±4.9 points) of the occupied homes in Shannon, IL are rented (2020–2024 American Community Survey).
That is 47 renting households against 335 that own their home.
In Shannon, the share of households that rent went from 23.5% in 2015–2019 to 12.3% in 2020–2024 (−11.2 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 12.3% (±4.9 points)
- Renting households
- 47 (±22)
Who rents and who owns in Shannon
| Shannon | Carroll County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.3% (±4.9 points) | 22.8% (±2.6 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 47 (±22) | 1,501 (±184) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 335 (±64) | 5,077 (±234) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.5 (±0.3) | 2.0 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.3) | 2.2 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | — | $42,457 (±$13,507) | $50,420 (±$471) | $52,966 |
| Median owner household income | $61,250 (±$15,905) | $67,168 (±$3,879) | $103,505 (±$377) | $100,009 |
In Shannon, the renter share is lower than in Carroll County (22.8%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Carroll County, Shannon ranks 15 of 19 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1928 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Shannon has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.5% (±7.8 points) | 12.3% (±4.9 points) | −11.2 percentage points | Measurable decrease |
| Median gross rent | $578 (±$56) | $604 (±$97) | +4.5% | No measurable change after inflation |
| Median household income | $54,375 (±$5,691) | $58,929 (±$15,158) | +8.4% | 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 Shannon
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Shannon | — | 12.3% (±4.9 points) | — |
| Cherry Grove-Shannon Township | 1.9 mi | 10.6% (±4.0 points) | Not measurably different |
| Forreston Township | 5.3 mi | 14.1% (±5.6 points) | Not measurably different |
| Lanark | 5.9 mi | 21.4% (±6.3 points) | Higher |
| Rock Creek-Lima Township | 6.5 mi | 17.8% (±5.5 points) | Not measurably different |
| Florence Township (Stephenson County) | 6.7 mi | 23.9% (±18.0 points) | Not measurably different |
| Loran Township | 6.8 mi | 19.4% (±6.6 points) | Not measurably different |
| Brookville Township | 7.2 mi | 35.9% (±35.8 points) | Not measurably different |
| Forreston | 8.5 mi | 18.5% (±7.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Lanark, IL (21.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Carroll County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 9 | Salem Township (Carroll County) | 19.4% (±19.1 points) |
| 10 | Rock Creek-Lima Township | 17.8% (±5.5 points) |
| 11 | Chadwick | 17.4% (±10.6 points) |
| 12 | Wysox Township | 16.7% (±8.6 points) |
| 13 | Milledgeville | 14.6% (±7.1 points) |
| 14 | Fairhaven Township | 13.1% (±7.7 points) |
| 15 | Shannon | 12.3% (±4.9 points) |
| 16 | Cherry Grove-Shannon Township | 10.6% (±4.0 points) |
| 17 | Woodland Township (Carroll County) | 6.4% (±10.6 points) |
| 18 | Freedom Township (Carroll County) | 2.3% (±3.0 points) |
| 19 | Elkhorn Grove Township | 0.0% (±45.1 points) |
Showing 11 of 19 places in Carroll 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 Shannon
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Questions about Shannon
How many renters are there in Shannon?
Shannon has an estimated 47 (±22) renting households, 12.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Shannon?
In Shannon, the share of households that rent went from 23.5% in 2015–2019 to 12.3% in 2020–2024 (−11.2 percentage points), a measurable decrease.
How big are renting households in Shannon?
A renting household in Shannon has 1.5 people on average, against 2.1 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Shannon village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Shannon village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Shannon village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Shannon village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Shannon village, Illinois
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Shannon village, Illinois (place:68991, 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.
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 .
Related
- Housing in Shannon at a glance
- Income and affordability in Shannon
- Home values in Shannon
- Homeowner costs in Shannon
- Property taxes in Shannon
- Types of homes in Shannon
- Bedrooms in Shannon
- Age of homes in Shannon
- Heating fuel in Shannon
- Commute and cars in Shannon
- How long people stay in Shannon
- Illinois landlord and tenant rules
- Housing across Carroll County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois