What is the median household income in Tamalco Township, IL?
The median household income in Tamalco Township, IL is $48,500 (±$6,476) a year (2020–2024 American Community Survey).
Paying the median gross rent of $639 a month would take about $25,600 a year at the common guideline of spending no more than 30% of income on rent.
In Tamalco Township, the median household income went from $48,819 in 2015–2019 to $48,500 in 2020–2024 (−0.7%).
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
- $48,500 (±$6,476)
- Median renter income
- $41,413 (±$5,435)
- Income to afford median rent
- about $25,600
Income in Tamalco Township against Bond County, its state and the nation
| Tamalco Township | Bond County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $48,500 (±$6,476) | $65,959 (±$3,052) | $83,390 (±$362) | $80,734 |
| Median renter household income | $41,413 (±$5,435) | $44,328 (±$8,044) | $50,420 (±$471) | $52,966 |
| Median owner household income | $58,750 (±$47,005) | $77,145 (±$10,981) | $103,505 (±$377) | $100,009 |
| Median gross rent | $639 (±$413) | $785 (±$110) | $1,274 (±$5) | $1,413 |
In Tamalco Township, median household income is lower than in Bond County ($65,959).
It is also lower than in Illinois ($83,390).
It is lower than the national figure ($80,734).
In Bond County, Tamalco Township ranks 12 of 15 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2424 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Tamalco Township
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $639 a month ($7,668 a year) needs an income of about $25,600 a year.
The median renting household in Tamalco Township earns $41,413 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $48,819 (±$9,385) | $48,500 (±$6,476) | −0.7% | No measurable change after inflation |
| Median gross rent | $525 (±$340) | $639 (±$413) | +21.7% | No measurable change after inflation |
| Median home value | $92,600 (±$18,852) | $113,600 (±$25,752) | +22.7% | 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 Tamalco Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Tamalco Township | — | $48,500 (±$6,476) | — |
| Keyesport | 3.1 mi | $46,500 (±$9,408) | Not measurably different |
| Irishtown Township | 6.0 mi | $51,833 (±$8,128) | Not measurably different |
| Pleasant Mound Township | 6.9 mi | $46,806 (±$6,650) | Not measurably different |
| Smithboro | 8.1 mi | $44,375 (±$37,970) | Not measurably different |
| East Fork Township (Clinton County) | 8.2 mi | $71,875 (±$49,905) | Not measurably different |
| Seminary Township | 8.3 mi | $39,617 (±$14,628) | Not measurably different |
| Wheatfield Township | 8.4 mi | $112,813 (±$20,547) | Higher |
| Greenville | 8.5 mi | $62,089 (±$9,156) | Higher |
Nearby places with a measurably higher figure: Wheatfield Township, IL ($112,813), Greenville, IL ($62,089).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Bond County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 6 | Burgess Township | $65,461 (±$13,171) |
| 7 | Old Ripley | $62,188 (±$32,956) |
| 8 | Greenville | $62,089 (±$9,156) |
| 9 | Mulberry Grove | $57,386 (±$41,842) |
| 10 | Mulberry Grove Township | $56,901 (±$12,738) |
| 11 | Pocahontas | $53,971 (±$18,091) |
| 12 | Tamalco Township | $48,500 (±$6,476) |
| 13 | Sorento | $47,679 (±$10,218) |
| 14 | Pleasant Mound Township | $46,806 (±$6,650) |
| 15 | Smithboro | $44,375 (±$37,970) |
Showing 10 of 15 places in Bond 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 Tamalco Township
What is the median household income in Tamalco Township?
The median household income in Tamalco Township is $48,500 (±$6,476) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Tamalco Township?
About $25,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $639 a month.
Have incomes in Tamalco Township kept up with inflation?
In Tamalco Township, the median household income went from $48,819 in 2015–2019 to $48,500 in 2020–2024 (−0.7%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Tamalco Township?
The median renting household in Tamalco Township, IL earns $41,413 (±$5,435) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Tamalco township, Bond County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Tamalco township, Bond County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Tamalco township, Bond County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Tamalco township, Bond County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Tamalco township, Bond County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Tamalco township, Bond 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 Tamalco township, Bond County, Illinois (county subdivision:74418, in state:17 county:005).
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 Tamalco Township at a glance
- Home values in Tamalco Township
- Homeowner costs in Tamalco Township
- Property taxes in Tamalco Township
- Types of homes in Tamalco Township
- Bedrooms in Tamalco Township
- Age of homes in Tamalco Township
- Heating fuel in Tamalco Township
- Commute and cars in Tamalco Township
- Illinois landlord and tenant rules
- Housing across Bond County
- Illinois places ranked by median household income
- Housing data for every place in Illinois