What is the median household income in Spring Lake Township, IL?
The median household income in Spring Lake Township, IL is $86,685 (±$9,168) a year (2020–2024 American Community Survey).
In Spring Lake Township, the median household income went from $64,048 in 2015–2019 to $86,685 in 2020–2024 (+35.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $86,685 (±$9,168)
Income in Spring Lake Township against Tazewell County, its state and the nation
| Spring Lake Township | Tazewell County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $86,685 (±$9,168) | $77,982 (±$1,962) | $83,390 (±$362) | $80,734 |
| Median renter household income | — | $42,033 (±$3,248) | $50,420 (±$471) | $52,966 |
| Median owner household income | $86,413 (±$8,986) | $90,876 (±$2,982) | $103,505 (±$377) | $100,009 |
| Median gross rent | — | $909 (±$34) | $1,274 (±$5) | $1,413 |
In Spring Lake Township, median household income is not measurably different from Tazewell County ($77,982).
It is not measurably different from Illinois ($83,390).
It is not measurably different from the national figure ($80,734).
In Tazewell County, Spring Lake Township ranks 18 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 853 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $64,048 (±$5,474) | $86,685 (±$9,168) | +35.3% | No measurable change after inflation |
| Median home value | $127,800 (±$7,670) | $159,100 (±$8,604) | +24.5% | 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.
Median household income in places near Spring Lake Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Spring Lake Township | — | $86,685 (±$9,168) | — |
| Manito | 4.8 mi | $71,920 (±$7,786) | Lower |
| Kingston Mines | 5.4 mi | $51,875 (±$19,095) | Lower |
| Banner | 5.8 mi | $52,917 (±$28,001) | Lower |
| Glasford | 6.0 mi | $77,500 (±$13,775) | Not measurably different |
| Timber Township | 6.4 mi | $73,730 (±$10,178) | Not measurably different |
| Banner Township (Fulton County) | 7.0 mi | $99,500 (±$29,074) | Not measurably different |
| Manito Township | 7.0 mi | $68,942 (±$10,224) | Lower |
| Mapleton | 7.5 mi | $67,813 (±$5,843) | Lower |
Nearby places with a measurably lower figure: Manito, IL ($71,920), Kingston Mines, IL ($51,875), Banner, IL ($52,917).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Tazewell County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 12 | Tremont Township | $93,092 (±$13,283) |
| 13 | Little Mackinaw Township | $90,114 (±$12,443) |
| 14 | Dillon Township | $89,688 (±$19,589) |
| 15 | Washington Township (Tazewell County) | $89,618 (±$7,438) |
| 16 | Minier | $88,542 (±$22,122) |
| 17 | Hittle Township | $88,333 (±$29,748) |
| 18 | Spring Lake Township | $86,685 (±$9,168) |
| 19 | Cincinnati Township (Tazewell County) | $83,712 (±$12,329) |
| 20 | North Pekin | $80,224 (±$16,063) |
| 21 | Tremont | $79,810 (±$14,054) |
| 22 | Marquette Heights | $75,625 (±$19,253) |
| 23 | Fondulac Township | $74,478 (±$7,781) |
| 24 | East Peoria | $71,833 (±$7,917) |
Showing 13 of 36 places in Tazewell 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 Lake Township
What is the median household income in Spring Lake Township?
The median household income in Spring Lake Township is $86,685 (±$9,168) a year (2020–2024 American Community Survey).
Have incomes in Spring Lake Township kept up with inflation?
In Spring Lake Township, the median household income went from $64,048 in 2015–2019 to $86,685 in 2020–2024 (+35.3%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spring Lake township, Tazewell County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spring Lake township, Tazewell County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring Lake township, Tazewell County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spring Lake township, Tazewell County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spring Lake township, Tazewell County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spring Lake township, Tazewell 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 Lake township, Tazewell County, Illinois (county subdivision:72130, in state:17 county:179).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 Lake Township at a glance
- Home values in Spring Lake Township
- Homeowner costs in Spring Lake Township
- Property taxes in Spring Lake Township
- Types of homes in Spring Lake Township
- Bedrooms in Spring Lake Township
- Age of homes in Spring Lake Township
- Heating fuel in Spring Lake Township
- Commute and cars in Spring Lake Township
- Population growth in Spring Lake Township
- How long people stay in Spring Lake Township
- Illinois landlord and tenant rules
- Housing across Tazewell County
- Illinois places ranked by median household income
- Housing data for every place in Illinois