What percentage of people rent in Vance Township, IL?
16.7% (±7.9 points) of the occupied homes in Vance Township, IL are rented (2020–2024 American Community Survey).
That is 70 renting households against 348 that own their home.
In Vance Township, the share of households that rent went from 16.1% in 2015–2019 to 16.7% in 2020–2024 (+0.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 16.7% (±7.9 points)
- Renting households
- 70 (±32)
- Median renter income
- $31,364 (±$30,866)
Who rents and who owns in Vance Township
| Vance Township | Vermilion County | Illinois | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.7% (±7.9 points) | 29.8% (±1.9 points) | 32.9% (±0.2 points) | 34.8% |
| Renting households | 70 (±32) | 8,955 (±586) | 1,657,539 (±10,322) | 45,017,354 |
| Owning households | 348 (±103) | 21,129 (±605) | 3,378,910 (±14,728) | 84,210,142 |
| Average renter household size | 1.9 (±0.4) | 2.2 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.3) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $31,364 (±$30,866) | $32,465 (±$3,456) | $50,420 (±$471) | $52,966 |
| Median owner household income | $72,500 (±$24,072) | $74,375 (±$3,099) | $103,505 (±$377) | $100,009 |
In Vance Township, the renter share is lower than in Vermilion County (29.8%).
It is also lower than in Illinois (32.9%).
It is lower than the national figure (34.8%).
In Vermilion County, Vance Township ranks 29 of 40 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1545 of 2,751.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Vance Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 16.1% (±8.5 points) | 16.7% (±7.9 points) | +0.6 percentage points | Not a measurable change |
| Median gross rent | $539 (±$99) | $783 (±$18) | +45.3% | No measurable change after inflation |
| Median household income | $72,740 (±$7,607) | $62,500 (±$21,990) | −14.1% | Down 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 Vance Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Vance Township | — | 16.7% (±7.9 points) | — |
| Fairmount | 2.7 mi | 20.6% (±9.9 points) | Not measurably different |
| Homer | 4.2 mi | 21.0% (±11.4 points) | Not measurably different |
| Fithian | 4.8 mi | 16.0% (±10.2 points) | Not measurably different |
| South Homer Township | 5.0 mi | 15.0% (±8.8 points) | Not measurably different |
| Muncie | 5.3 mi | 8.7% (±9.5 points) | Not measurably different |
| Ogden | 6.3 mi | 7.1% (±3.8 points) | Lower |
| Jamaica Township | 6.3 mi | 21.9% (±31.2 points) | Not measurably different |
| Oakwood Township | 6.4 mi | 20.2% (±5.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Ogden, IL (7.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Vermilion County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 23 | Fairmount | 20.6% (±9.9 points) |
| 24 | Oakwood Township | 20.2% (±5.8 points) |
| 25 | Henning | 20.0% (±12.4 points) |
| 26 | Bismarck | 17.9% (±9.7 points) |
| 27 | Middlefork Township | 17.6% (±6.7 points) |
| 28 | Catlin Township | 17.5% (±6.2 points) |
| 29 | Vance Township | 16.7% (±7.9 points) |
| 30 | Fithian | 16.0% (±10.2 points) |
| 31 | McKendree Township | 13.4% (±12.3 points) |
| 32 | Indianola | 10.8% (±10.9 points) |
| 33 | Sidell Township | 9.3% (±4.7 points) |
| 34 | Muncie | 8.7% (±9.5 points) |
| 35 (tie) | Blount Township | 8.6% (±3.7 points) |
Showing 13 of 40 places in Vermilion 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 Vance Township
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Questions about Vance Township
How many renters are there in Vance Township?
Vance Township has an estimated 70 (±32) renting households, 16.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Vance Township?
In Vance Township, the share of households that rent went from 16.1% in 2015–2019 to 16.7% in 2020–2024 (+0.6 percentage points), not a measurable change.
How big are renting households in Vance Township?
A renting household in Vance Township has 1.9 people on average, against 2.2 in an owned home.
How much do renters earn in Vance Township?
The median renting household in Vance Township, IL has an income of $31,364 (±$30,866) a year, against $72,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Vance township, Vermilion County, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Vance township, Vermilion County, Illinois
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Vance township, Vermilion County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Vance township, Vermilion County, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Vance township, Vermilion 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 Vance township, Vermilion County, Illinois (county subdivision:77304, in state:17 county:183).
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 Vance Township at a glance
- Income and affordability in Vance Township
- Home values in Vance Township
- Homeowner costs in Vance Township
- Property taxes in Vance Township
- Types of homes in Vance Township
- Bedrooms in Vance Township
- Age of homes in Vance Township
- Heating fuel in Vance Township
- Commute and cars in Vance Township
- Illinois landlord and tenant rules
- Housing across Vermilion County
- Illinois places ranked by share of renters
- Housing data for every place in Illinois