Housing data for Will Township, IL
Will Township, IL has an estimated 1,691 residents and 739 homes (US Census Bureau, 2020–2024 American Community Survey).
It is a township in Will County.
13.4% of households rent.
The median gross rent is $1,077 a month.
Figures last updated on .
- Residents
- 1,691 (±302)
- Housing units
- 739 (±175)
- Households that rent
- 13.4%
- Median gross rent
- $1,077
- Residents since 2015–2019
- −9.4%
What stands out in Will Township
Households that moved in since 2020: 4.4% (±3.8 points) in Will Township, lower than in Will County (18.5%).
Working from home: 7.0% (±4.9 points) in Will Township, lower than in Will County (14.7%).
Median gross rent: $1,077 (±$304) in Will Township, lower than in Will County ($1,462).
Median real estate taxes: $5,386 (±$1,158) in Will Township, lower than in Will County ($7,173).
Housing in Will Township at a glance
- Median rent: $1,077 median gross rent a month (Small sample: wide margin of error)
- Rent by bedrooms: $1,301 median gross rent, 2 bedrooms (Small sample: wide margin of error)
- Rent burden: 13.0% of renters pay 30% or more of income (Small sample: wide margin of error)
- Renters and owners: 13.4% of households rent
- Income and affordability: $112,433 median household income
- Home values: $313,000 median home value
- Homeowner costs: $1,768 median monthly cost with a mortgage
- Property taxes: $5,386 median real estate taxes a year
- Types of homes: 11.0% of homes are in buildings of 5 or more units
- Bedrooms: 70.3% of homes have 3 or more bedrooms (Small sample: wide margin of error)
- Age of homes: 52.4% of homes were built before 1980
- Vacancy rate: 0.0% rental vacancy rate (Small sample: wide margin of error)
- Heating fuel: 36.7% heat with utility gas
- Commute and cars: 33.9 minutes average trip to work
- Growth: −9.4% residents since 2015–2019
- How long people stay: 4.4% moved in since 2020 (Small sample: wide margin of error)
- Crowding and facilities: 0.0% of homes have more than 1 person per room (Small sample: wide margin of error)
- Fair Market Rent: $1,430 Small Area FMR, 2 bedrooms (ZIP 60468)
Will Township against Will County, its state and the nation
| Will Township | Will County | Illinois | United States | |
|---|---|---|---|---|
| Residents | 1,691 (±302) | 701,462 (exact) | 12,694,798 (exact) | 334,922,499 |
| Housing units | 739 (±175) | 254,278 (±158) | 5,457,452 (±471) | 143,775,355 |
| Households that rent | 13.4% (±5.4 points) | 17.2% (±0.6 points) | 32.9% (±0.2 points) | 34.8% |
| Median gross rent | $1,077 (±$304) | $1,462 (±$33) | $1,274 (±$5) | $1,413 |
| Median household income | $112,433 (±$19,806) | $109,984 (±$1,819) | $83,390 (±$362) | $80,734 |
| Median home value | $313,000 (±$30,250) | $319,600 (±$3,152) | $263,300 (±$797) | $332,700 |
| Median real estate taxes (a year) | $5,386 (±$1,158) | $7,173 (±$64) | $5,298 (±$22) | $3,119 |
| Built before 1980 | 52.4% (±21.2 points) | 37.1% (±0.8 points) | 63.4% (±0.2 points) | 49.7% |
| Average commute | 33.9 minutes (±3.9) | 31.4 minutes (±0.5) | 27.8 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 96.4% (±3.8 points) | 94.1% (±0.4 points) | 90.8% (±0.1 points) | 91.0% |
| Median age of residents | 39.2 years (±10.2) | 39.1 years (±0.2) | 39.0 years (±0.1) | 38.9 years |
Will Township covers 36.2 square miles of land, about 47 residents per square mile (Census Bureau Gazetteer).
How Will Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 1,866 (±147) | 1,691 (±302) | −9.4% | Not a measurable change |
| Housing units | 723 (±52) | 739 (±175) | +2.2% | Not a measurable change |
| Median gross rent | $1,076 (±$78) | $1,077 (±$304) | +0.1% | No measurable change after inflation |
| Median home value | $266,700 (±$15,495) | $313,000 (±$30,250) | +17.4% | No measurable change after inflation |
| Median household income | $93,906 (±$9,351) | $112,433 (±$19,806) | +19.7% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,097 (±$225) | $1,768 (±$147) | −15.7% | Down after inflation |
| Median real estate taxes | $4,739 (±$433) | $5,386 (±$1,158) | +13.7% | No measurable change after inflation |
| Households that rent | 14.0% (±5.3 points) | 13.4% (±5.4 points) | −0.6 percentage points | Not a measurable change |
| Rental vacancy rate | 0.0% (±27.0 points) | 0.0% (±33.7 points) | 0.0 percentage points | Not a measurable change |
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.
ZIP codes in Will Township
| ZIP code | Share of the ZIP’s land in this place | Residents | Median gross rent | Median home value | Median household income |
|---|---|---|---|---|---|
| 60468 | 35% | 5,809 | $992 | $294,000 | $104,625 |
| 60401 | 11% | 7,647 | $1,095 | $260,500 | $97,569 |
A ZIP code is a mail route rather than a boundary, so the Census Bureau publishes figures for ZIP Code Tabulation Areas built from census blocks; the share column says how much of each one’s land lies in this place.
Places near Will Township
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Peotone | 3.3 mi | $979 | $271,000 | 23.3% |
| Monee | 4.9 mi | $1,477 | $240,500 | 7.0% |
| Monee Township | 5.3 mi | $1,629 | $220,000 | 22.1% |
| Peotone Township | 5.8 mi | $986 | $283,200 | 29.6% |
| Beecher | 6.2 mi | $1,078 | $269,500 | 18.6% |
| Sumner Township (Kankakee County) | 6.6 mi | $1,174 | $318,900 | 8.6% |
| University Park | 7.0 mi | $1,649 | $153,200 | 36.3% |
| Washington Township (Will County) | 7.2 mi | $1,061 | $280,000 | 17.4% |
Places in Illinois most like Will Township
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Antioch Township | $1,159 | $283,200 | $101,932 | 20.4% |
| Winthrop Harbor | $1,313 | $250,800 | $95,690 | 12.7% |
| Greenwood Township (McHenry County) | $1,182 | $256,600 | $98,214 | 13.6% |
| McHenry Township | $1,396 | $261,900 | $94,531 | 17.0% |
| Algonquin Township | $1,520 | $304,400 | $110,071 | 17.9% |
| Wauconda | $1,371 | $278,600 | $111,239 | 24.0% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Illinois.
HUD Fair Market Rent for Will Township, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,678 | $1,780 | $2,011 | $2,586 | $2,954 |
HUD also publishes a Small Area Fair Market Rent for each ZIP code in the area; the Fair Market Rent page for this place lists its ZIP codes.
HUD income limits for Will Township, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $25,550 | $42,550 | $68,050 |
| 2 people | $29,200 | $48,600 | $77,800 |
| 3 people | $32,850 | $54,700 | $87,500 |
| 4 people | $36,450 | $60,750 | $97,200 |
| 5 people | $39,400 | $65,650 | $105,000 |
| 6 people | $44,360 | $70,500 | $112,800 |
| 7 people | $50,040 | $75,350 | $120,550 |
| 8 people | $55,720 | $80,200 | $128,350 |
These are the limits HUD sets for its housing programs in the Chicago-Joliet-Naperville, IL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $121,500.
A program can use its own limits; tax-credit and local programs often do.
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 Will Township
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Will Township beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Will Township, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Will Township, and send estimates and invoices from your phone.
Questions about Will Township
How many renters are there in Will Township?
Will Township has an estimated 86 (±31) renting households, 13.4% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Will Township?
The median household income in Will Township is $112,433 (±$19,806) a year (2020–2024 American Community Survey).
What is the average home value in Will Township, IL?
The Census Bureau publishes the median: $313,000 (±$30,250) for owner-occupied homes in Will Township (2020–2024 American Community Survey).
What is the average mortgage payment in Will Township?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in Will Township, IL is $1,768 (±$147) a month, including taxes, insurance and utilities.
How much are property taxes in Will Township?
The median real estate tax paid by homeowners in Will Township, IL is $5,386 (±$1,158) a year (2020–2024 American Community Survey).
How many homes are in Will Township?
Will Township, IL has an estimated 739 (±175) housing units, occupied and vacant (2020–2024 American Community Survey).
Is Will Township growing?
In Will Township, the number of residents went from 1,866 in 2015–2019 to 1,691 in 2020–2024 (−9.4%), not a measurable change.
What ZIP codes are in Will Township?
The ZIP codes that cover Will Township are 60468, 60401.
What is the median rent in ZIP code 60468?
The median gross rent in ZIP Code Tabulation Area 60468 is $992 (±$152) a month (2020–2024 American Community Survey).
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Will township, Will County, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Will township, Will County, Illinois
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Will township, Will County, Illinois
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Will township, Will County, Illinois
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Will township, Will County, Illinois
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Will township, Will County, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Will township, Will County, Illinois
- HUD Fair Market Rents, fiscal year 2027: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- HUD Small Area Fair Market Rents, fiscal year 2027
- HUD Income Limits, fiscal year 2026: Chicago-Joliet-Naperville, IL HUD Metro FMR Area
- US Census Bureau, American Community Survey 2020–2024 5-year estimates for ZIP Code Tabulation Areas
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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) for Will township, Will County, Illinois (county subdivision:81711, in state:17 county:197).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .