Housing data for Spring Bay Township, IL
Spring Bay Township, IL has an estimated 2,531 residents and 1,088 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Woodford County.
14.7% of households rent.
The median gross rent is $923 a month.
Its population shrank measurably since 2015–2019 (−5.1%).
Figures last updated on .
- Residents
- 2,531 (±37)
- Housing units
- 1,088 (±101)
- Households that rent
- 14.7%
- Median gross rent
- $923
- Residents since 2015–2019
- −5.1%
What stands out in Spring Bay Township
Median real estate taxes: $3,356 (±$544) in Spring Bay Township, lower than in Woodford County ($4,215).
Homes built before 1980: 78.8% (±13.6 points) in Spring Bay Township, higher than in Woodford County (62.1%).
Housing in Spring Bay Township at a glance
- Median rent: $923 median gross rent a month
- Rent by bedrooms: $878 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 48.6% of renters pay 30% or more of income
- Renters and owners: 14.7% of households rent
- Income and affordability: $75,846 median household income
- Home values: $169,100 median home value
- Homeowner costs: $1,455 median monthly cost with a mortgage
- Property taxes: $3,356 median real estate taxes a year
- Types of homes: 0.9% of homes are in buildings of 5 or more units
- Bedrooms: 64.8% of homes have 3 or more bedrooms
- Age of homes: 78.8% of homes were built before 1980
- Vacancy rate: 3.2% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 85.1% heat with utility gas
- Commute and cars: 22.1 minutes average trip to work
- Growth: −5.1% residents since 2015–2019
- How long people stay: 22.5% moved in since 2020
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
Spring Bay Township against Woodford County, its state and the nation
| Spring Bay Township | Woodford County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 2,531 (±37) | 38,312 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 1,088 (±101) | 15,758 (±49) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 14.7% (±4.4 points) | 14.3% (±1.8 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $923 (±$166) | $912 (±$86) | $1,274 (±$5) | $1,413 |
| Median household income | $75,846 (±$19,371) | $91,483 (±$4,526) | $83,390 (±$362) | $80,734 |
| Median home value | $169,100 (±$35,648) | $197,600 (±$8,696) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $3,356 (±$544) | $4,215 (±$174) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 78.8% (±13.6 points) | 62.1% (±3.9 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 22.1 minutes (±3.2) | 25.0 minutes (±1.4) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 87.7% (±5.1 points) | 87.7% (±1.9 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 41.5 years (±3.7) | 40.4 years (±0.5) | 39.0 years (±0.1) | 38.9 years |
Spring Bay Township covers 10.1 square miles of land, about 250 residents per square mile (Census Bureau Gazetteer).
How Spring Bay Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 2,666 (±26) | 2,531 (±37) | −5.1% | Measurable decrease |
| Housing units | 1,277 (±134) | 1,088 (±101) | −14.8% | Measurable decrease |
| Median gross rent | $689 (±$53) | $923 (±$166) | +34.0% | No measurable change after inflation |
| Median home value | $146,100 (±$11,668) | $169,100 (±$35,648) | +15.7% | No measurable change after inflation |
| Median household income | $65,208 (±$15,073) | $75,846 (±$19,371) | +16.3% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,176 (±$98) | $1,455 (±$305) | +23.7% | No measurable change after inflation |
| Median real estate taxes | $2,946 (±$258) | $3,356 (±$544) | +13.9% | No measurable change after inflation |
| Households that rent | 22.7% (±7.0 points) | 14.7% (±4.4 points) | −8.0 percentage points | Not a measurable change |
| Rental vacancy rate | 2.6% (±4.6 points) | 3.2% (±5.8 points) | +0.6 percentage points | Not a measurable change |
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.
ZIP codes in Spring Bay Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 61611 | 23% | 24,040 | $939 | $164,800 | $78,750 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Spring Bay Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Bay View Gardens | 1.5 mi | $787 | $122,800 | 28.6% |
| Spring Bay | 2.0 mi | $1,071 | $130,200 | 34.0% |
| Richwoods Township | 3.6 mi | $913 | $117,700 | 33.6% |
| Germantown Hills | 3.7 mi | — | $264,900 | 9.0% |
| Peoria Heights | 3.9 mi | $913 | $117,700 | 33.6% |
| Worth Township (Woodford County) | 4.6 mi | $1,203 | $262,900 | 7.9% |
| Medina Township | 4.8 mi | $1,282 | $292,600 | 17.8% |
| Peoria City Township | 5.4 mi | $971 | $135,300 | 45.1% |
Places in Illinois most like Spring Bay Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Pesotum Township | $865 | $172,800 | $72,500 | 15.3% |
| Limestone Township (Peoria County) | $961 | $149,000 | $71,380 | 17.3% |
| Brimfield Township | $900 | $157,700 | $81,250 | 15.6% |
| Aroma Township | $1,045 | $167,000 | $74,740 | 16.6% |
| Nebraska Township | $873 | $139,400 | $78,869 | 14.6% |
| South Homer Township | $979 | $152,000 | $84,063 | 15.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Spring Bay Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $915 | $961 | $1,212 | $1,557 | $1,710 |
HUD income limits for Spring Bay Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,300 | $37,150 | $59,450 |
| 2 people | $25,500 | $42,450 | $67,950 |
| 3 people | $28,700 | $47,750 | $76,450 |
| 4 people | $33,000 | $53,050 | $84,900 |
| 5 people | $38,680 | $57,300 | $91,700 |
| 6 people | $44,360 | $61,550 | $98,500 |
| 7 people | $50,040 | $65,800 | $105,300 |
| 8 people | $55,720 | $70,050 | $112,100 |
These are the limits HUD sets for its housing programs in the Peoria, IL MSA, where HUD’s median family income for fiscal year 2026 is $106,100.
A program can use its own limits; tax-credit and local programs often do.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Spring Bay Township
What is the average rent in Spring Bay Township, IL?
The Census Bureau publishes the median rather than the average: the median gross rent in Spring Bay Township is $923 (±$166) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
Are renters in Spring Bay Township rent-burdened?
48.6% of renting households in Spring Bay Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Spring Bay Township?
Spring Bay Township has an estimated 149 (±50) renting households, 14.7% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Spring Bay Township?
The median household income in Spring Bay Township is $75,846 (±$19,371) a year (2020–2024 American Community Survey).
What is the average home value in Spring Bay Township, IL?
The Census Bureau publishes the median: $169,100 (±$35,648) for owner-occupied homes in Spring Bay Township (2020–2024 American Community Survey).
What is the average mortgage payment in Spring Bay Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Spring Bay Township, IL is $1,455 (±$305) a month, including taxes, insurance and utilities.
Is Spring Bay Township growing?
In Spring Bay Township, the number of residents went from 2,666 in 2015–2019 to 2,531 in 2020–2024 (−5.1%), a measurable decrease.
What ZIP codes are in Spring Bay Township?
The ZIP code that covers Spring Bay Township is 61611.
What is the median rent in ZIP code 61611?
The median gross rent in ZIP Code Tabulation Area 61611 is $939 (±$42) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- HUD Fair Market Rents, fiscal year 2027: Peoria, IL MSA
- HUD Income Limits, fiscal year 2026: Peoria, IL MSA
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Spring Bay township, Woodford County, Illinois (county subdivision:71611, in state:17 county:203).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .