What percentage of people rent in Spring Bay Township, IL?
14.7% (±4.4 points) of the occupied homes in Spring Bay Township, IL are rented (2020–2024 American Community Survey).
That is 149 renting households against 864 that own their home.
In Spring Bay Township, the share of households that rent went from 22.7% in 2015–2019 to 14.7% in 2020–2024 (−8.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 14.7% (±4.4 points)
- Renting households
- 149 (±50)
- Median renter income
- $34,550 (±$3,045)
Who rents and who owns in Spring Bay Township
| Spring Bay Township | Woodford County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.7% (±4.4 points) | 14.3% (±1.8 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 149 (±50) | 2,106 (±277) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 864 (±84) | 12,579 (±301) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.0 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $34,550 (±$3,045) | $36,875 (±$17,054) | $50,420 (±$471) | $52,966 |
| Median owner household income | $86,964 (±$18,079) | $101,320 (±$3,912) | $103,505 (±$377) | $100,009 |
In Spring Bay Township, the renter share is not measurably different from Woodford County (14.3%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Woodford County, Spring Bay Township ranks 16 of 32 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1723 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Spring Bay Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 22.7% (±7.0 points) | 14.7% (±4.4 points) | −8.0 percentage points | Not a measurable change |
| Median gross rent | $689 (±$53) | $923 (±$166) | +34.0% | No measurable change after inflation |
| Median household income | $65,208 (±$15,073) | $75,846 (±$19,371) | +16.3% | 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 Spring Bay Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Spring Bay Township | — | 14.7% (±4.4 points) | — |
| Bay View Gardens | 1.5 mi | 28.6% (±13.1 points) | Higher |
| Spring Bay | 2.0 mi | 34.0% (±11.3 points) | Higher |
| Richwoods Township | 3.6 mi | 33.6% (±6.0 points) | Higher |
| Germantown Hills | 3.7 mi | 9.0% (±7.0 points) | Not measurably different |
| Peoria Heights | 3.9 mi | 33.6% (±6.0 points) | Higher |
| Worth Township (Woodford County) | 4.6 mi | 7.9% (±3.8 points) | Lower |
| Medina Township | 4.8 mi | 17.8% (±4.2 points) | Not measurably different |
| Peoria City Township | 5.4 mi | 45.1% (±1.6 points) | Higher |
Nearby places with a measurably lower figure: Worth Township (Woodford County), IL (7.9%).
Nearby places with a measurably higher figure: Bay View Gardens, IL (28.6%), Spring Bay, IL (34.0%), Richwoods Township, IL (33.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Woodford County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 10 | Congerville | 20.9% (±8.8 points) |
| 11 | Greene Township (Woodford County) | 18.9% (±24.1 points) |
| 12 | Washburn | 16.3% (±6.8 points) |
| 13 | Roanoke | 15.7% (±7.6 points) |
| 14 | Roanoke Township | 15.2% (±7.0 points) |
| 15 | Secor | 14.9% (±10.1 points) |
| 16 | Spring Bay Township | 14.7% (±4.4 points) |
| 17 | Kappa | 14.5% (±11.9 points) |
| 18 | Cruger Township | 13.5% (±14.1 points) |
| 19 | Montgomery Township (Woodford County) | 12.2% (±4.3 points) |
| 20 | Palestine Township | 10.8% (±9.7 points) |
| 21 | Cazenovia Township | 10.5% (±4.5 points) |
| 22 | Germantown Hills | 9.0% (±7.0 points) |
Showing 13 of 32 places in Woodford 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.
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Questions about Spring Bay Township
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).
Is renting growing in Spring Bay Township?
In Spring Bay Township, the share of households that rent went from 22.7% in 2015–2019 to 14.7% in 2020–2024 (−8.0 percentage points), not a measurable change.
How big are renting households in Spring Bay Township?
A renting household in Spring Bay Township has 2.0 people on average, against 2.6 in an owned home.
How much do renters earn in Spring Bay Township?
The median renting household in Spring Bay Township, IL has an income of $34,550 (±$3,045) a year, against $86,964 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spring Bay township, Woodford County, Illinois
- Selected Housing Characteristics (DP04), 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
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spring Bay township, Woodford County, 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 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 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 Spring Bay Township at a glance
- Median rent in Spring Bay Township
- Rent burden in Spring Bay Township
- Income and affordability in Spring Bay Township
- Home values in Spring Bay Township
- Homeowner costs in Spring Bay Township
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- Types of homes in Spring Bay Township
- Bedrooms in Spring Bay Township
- Age of homes in Spring Bay Township
- Heating fuel in Spring Bay Township
- Commute and cars in Spring Bay Township
- Population growth in Spring Bay Township
- How long people stay in Spring Bay Township
- Illinois landlord and tenant rules
- Housing across Woodford County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois