What percentage of people rent in Summit, IL?
39.1% (±7.2 points) of the occupied homes in Summit, IL are rented (2020–2024 American Community Survey).
That is 1,449 renting households against 2,260 that own their home.
In Summit, the share of households that rent went from 49.3% in 2015–2019 to 39.1% in 2020–2024 (−10.2 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 39.1% (±7.2 points)
- Renting households
- 1,449 (±297)
- Median renter income
- $43,229 (±$14,762)
Who rents and who owns in Summit
| Summit | Cook County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.1% (±7.2 points) | 42.3% (±0.3 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 1,449 (±297) | 887,660 (±6,720) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 2,260 (±288) | 1,212,570 (±7,287) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 2.7 (±0.4) | 2.1 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.0 (±0.3) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $43,229 (±$14,762) | $55,388 (±$886) | $50,420 (±$471) | $52,966 |
| Median owner household income | $71,750 (±$21,831) | $108,804 (±$833) | $103,505 (±$377) | $100,009 |
In Summit, the renter share is not measurably different from Cook County (42.3%).
It is not measurably different from Illinois (32.9%).
It is not measurably different from the national figure (34.8%).
In Cook County, Summit ranks 29 of 148 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 184 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Summit has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 49.3% (±6.0 points) | 39.1% (±7.2 points) | −10.2 percentage points | Measurable decrease |
| Median gross rent | $874 (±$48) | $1,137 (±$120) | +30.1% | No measurable change after inflation |
| Median household income | $47,377 (±$10,802) | $61,863 (±$8,950) | +30.6% | 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 Summit
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Summit | — | 39.1% (±7.2 points) | — |
| McCook | 1.6 mi | 33.3% (±19.5 points) | Not measurably different |
| Lyons | 1.7 mi | 35.8% (±7.2 points) | Not measurably different |
| Stickney Township | 2.3 mi | 19.2% (±2.4 points) | Lower |
| Justice | 2.5 mi | 45.7% (±5.4 points) | Not measurably different |
| Lyons Township | 2.5 mi | 25.7% (±1.8 points) | Lower |
| Forest View | 2.5 mi | 1.5% (±1.7 points) | Lower |
| Bedford Park | 2.6 mi | 14.9% (±12.9 points) | Lower |
| Stickney | 2.9 mi | 16.7% (±7.8 points) | Lower |
Nearby places with a measurably lower figure: Stickney Township, IL (19.2%), Lyons Township, IL (25.7%), Forest View, IL (1.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Cook County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 23 | Schiller Park | 40.8% (±7.9 points) |
| 24 (tie) | Maywood | 40.0% (±5.3 points) |
| 24 (tie) | Oak Park | 40.0% (±2.4 points) |
| 24 (tie) | Oak Park Township | 40.0% (±2.4 points) |
| 27 | Broadview | 39.6% (±7.9 points) |
| 28 | South Chicago Heights | 39.4% (±11.4 points) |
| 29 | Summit | 39.1% (±7.2 points) |
| 30 (tie) | Berwyn | 38.9% (±3.3 points) |
| 30 (tie) | Berwyn Township | 38.9% (±3.3 points) |
| 32 | East Hazel Crest | 37.9% (±10.6 points) |
| 33 | Elk Grove Township | 37.5% (±2.1 points) |
| 34 | Wheeling | 37.3% (±3.4 points) |
| 35 | Schaumburg | 37.1% (±2.2 points) |
Showing 13 of 148 places in Cook 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 Summit
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Questions about Summit
How many renters are there in Summit?
Summit has an estimated 1,449 (±297) renting households, 39.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Summit?
In Summit, the share of households that rent went from 49.3% in 2015–2019 to 39.1% in 2020–2024 (−10.2 percentage points), a measurable decrease.
How big are renting households in Summit?
A renting household in Summit has 2.7 people on average, against 3.0 in an owned home.
How much do renters earn in Summit?
The median renting household in Summit, IL has an income of $43,229 (±$14,762) a year, against $71,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Summit village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Summit village, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Summit village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Summit village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Summit 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 Summit village, Illinois (place:73638, 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
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- Population growth in Summit
- How long people stay in Summit
- Crowding and facilities in Summit
- Fair Market Rent in Summit
- Illinois landlord and tenant rules
- Housing across Cook County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois