What is the median household income in Tremont Township, IL?
The median household income in Tremont Township, IL is $93,092 (±$13,283) a year (2020–2024 American Community Survey).
Paying the median gross rent of $965 a month would take about $38,600 a year at the common guideline of spending no more than 30% of income on rent.
In Tremont Township, the median household income went from $83,320 in 2015–2019 to $93,092 in 2020–2024 (+11.7%).
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
- $93,092 (±$13,283)
- Median renter income
- $56,042 (±$30,291)
- Income to afford median rent
- about $38,600
Income in Tremont Township against Tazewell County, its state and the nation
| Tremont Township | Tazewell County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $93,092 (±$13,283) | $77,982 (±$1,962) | $83,390 (±$362) | $80,734 |
| Median renter household income | $56,042 (±$30,291) | $42,033 (±$3,248) | $50,420 (±$471) | $52,966 |
| Median owner household income | $107,260 (±$22,194) | $90,876 (±$2,982) | $103,505 (±$377) | $100,009 |
| Median gross rent | $965 (±$189) | $909 (±$34) | $1,274 (±$5) | $1,413 |
In Tremont Township, median household income is higher than in 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, Tremont Township ranks 12 of 36 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 680 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 Tremont 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 $965 a month ($11,580 a year) needs an income of about $38,600 a year.
The median renting household in Tremont Township earns $56,042 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 | $83,320 (±$15,192) | $93,092 (±$13,283) | +11.7% | No measurable change after inflation |
| Median gross rent | $656 (±$200) | $965 (±$189) | +47.1% | No measurable change after inflation |
| Median home value | $188,400 (±$14,944) | $238,900 (±$29,334) | +26.8% | 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 Tremont Township
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Tremont Township | — | $93,092 (±$13,283) | — |
| Tremont | 3.0 mi | $79,810 (±$14,054) | Not measurably different |
| Mackinaw | 4.1 mi | $67,292 (±$21,344) | Lower |
| Mackinaw Township | 5.6 mi | $102,770 (±$12,813) | Not measurably different |
| Heritage Lake | 5.7 mi | $133,048 (±$25,559) | Higher |
| Hopedale Township | 6.0 mi | $97,891 (±$29,775) | Not measurably different |
| Elm Grove Township | 6.2 mi | $103,973 (±$22,590) | Not measurably different |
| Morton Township | 6.5 mi | $100,633 (±$5,291) | Not measurably different |
| Morton | 6.6 mi | $94,402 (±$9,255) | Not measurably different |
Nearby places with a measurably lower figure: Mackinaw, IL ($67,292).
Nearby places with a measurably higher figure: Heritage Lake, IL ($133,048).
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 |
|---|---|---|
| 6 | Mackinaw Township | $102,770 (±$12,813) |
| 7 | Morton Township | $100,633 (±$5,291) |
| 8 | Hopedale Township | $97,891 (±$29,775) |
| 9 | Washington | $95,179 (±$10,188) |
| 10 | Morton | $94,402 (±$9,255) |
| 11 | Deer Creek | $94,375 (±$16,448) |
| 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) |
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.
What you can do on Seayora in Tremont Township
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Questions about Tremont Township
What is the median household income in Tremont Township?
The median household income in Tremont Township is $93,092 (±$13,283) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Tremont Township?
About $38,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $965 a month.
Have incomes in Tremont Township kept up with inflation?
In Tremont Township, the median household income went from $83,320 in 2015–2019 to $93,092 in 2020–2024 (+11.7%).
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 Tremont Township?
The median renting household in Tremont Township, IL earns $56,042 (±$30,291) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Tremont township, Tazewell County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Tremont township, Tazewell County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Tremont township, Tazewell County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Tremont township, Tazewell County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Tremont township, Tazewell County, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Tremont 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 Tremont township, Tazewell County, Illinois (county subdivision:75978, 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 Tremont Township at a glance
- Median rent in Tremont Township
- Rent by bedrooms in Tremont Township
- Renters and owners in Tremont Township
- Home values in Tremont Township
- Homeowner costs in Tremont Township
- Property taxes in Tremont Township
- Types of homes in Tremont Township
- Bedrooms in Tremont Township
- Age of homes in Tremont Township
- Heating fuel in Tremont Township
- Commute and cars in Tremont Township
- Population growth in Tremont Township
- How long people stay in Tremont Township
- Illinois landlord and tenant rules
- Housing across Tazewell County
- Illinois places ranked by median household income
- Housing data for every place in Illinois