What is the median household income in Young America Township, IL?

The median household income in Young America Township, IL is $62,361 (±$5,486) a year (2020–2024 American Community Survey).

Paying the median gross rent of $854 a month would take about $34,200 a year at the common guideline of spending no more than 30% of income on rent.

In Young America Township, the median household income went from $46,667 in 2015–2019 to $62,361 in 2020–2024 (+33.6%).

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
$62,361 (±$5,486)
Median renter income
$63,295 (±$16,510)
Income to afford median rent
about $34,200

Income in Young America Township against Edgar County, its state and the nation

Income, estimate (90% margin of error)
Young America TownshipEdgar CountyIllinoisUnited States
Median household income$62,361 (±$5,486)$59,941 (±$6,477)$83,390 (±$362)$80,734
Median renter household income$63,295 (±$16,510)$47,736 (±$11,529)$50,420 (±$471)$52,966
Median owner household income$61,696 (±$8,769)$70,318 (±$7,626)$103,505 (±$377)$100,009
Median gross rent$854 (±$151)$775 (±$56)$1,274 (±$5)$1,413

In Young America Township, median household income is not measurably different from Edgar County ($59,941).

It is also lower than in Illinois ($83,390).

It is lower than the national figure ($80,734).

In Edgar County, Young America Township ranks 12 of 21 places with a published estimate, from highest to lowest median household income.

Statewide, it ranks 1845 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 Young America 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 $854 a month ($10,248 a year) needs an income of about $34,200 a year.

The median renting household in Young America Township earns $63,295 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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median household income$46,667 (±$14,368)$62,361 (±$5,486)+33.6%No measurable change after inflation
Median gross rent$593 (±$149)$854 (±$151)+44.0%No measurable change after inflation
Median home value$55,000 (±$9,625)$75,400 (±$12,855)+37.1%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 Young America Township

Nearest places with a published estimate, compared with Young America Township
PlaceDistanceMedian household incomeCompared with this place
Young America Township—$62,361 (±$5,486)—
Hume2.8 mi$63,958 (±$3,801)Not measurably different
Metcalf3.4 mi$54,881 (±$3,153)Lower
Sidell5.3 mi$62,500 (±$15,389)Not measurably different
Shiloh Township (Edgar County)6.0 mi$85,250 (±$74,233)Not measurably different
Sidell Township6.4 mi$65,625 (±$18,352)Not measurably different
Allerton7.1 mi$53,393 (±$22,008)Not measurably different
Ross Township (Edgar County)7.5 mi$61,850 (±$11,623)Not measurably different
Newman7.7 mi$75,373 (±$11,604)Higher

Nearby places with a measurably lower figure: Metcalf, IL ($54,881).

Nearby places with a measurably higher figure: Newman, IL ($75,373).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median household income across Edgar County, place by place

RankPlaceMedian household income
6Redmon$70,625 (±$50,046)
7Kansas Township (Edgar County)$69,904 (±$18,496)
8Kansas$69,231 (±$19,504)
9Prairie Township (Edgar County)$68,958 (±$31,485)
10Stratton Township$67,454 (±$47,311)
11Hume$63,958 (±$3,801)
12Young America Township$62,361 (±$5,486)
13Ross Township (Edgar County)$61,850 (±$11,623)
14Brocton$59,231 (±$4,104)
15Chrisman$58,462 (±$11,624)
16Embarrass Township$55,938 (±$16,638)
17Grandview Township$55,556 (±$38,490)
18Metcalf$54,881 (±$3,153)

Showing 13 of 21 places in Edgar 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 Young America Township

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Questions about Young America Township

What is the median household income in Young America Township?

The median household income in Young America Township is $62,361 (±$5,486) a year (2020–2024 American Community Survey).

How much do you need to make to afford rent in Young America Township?

About $34,200 a year, if rent is to stay at or below 30% of income at the median gross rent of $854 a month.

Have incomes in Young America Township kept up with inflation?

In Young America Township, the median household income went from $46,667 in 2015–2019 to $62,361 in 2020–2024 (+33.6%).

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 Young America Township?

The median renting household in Young America Township, IL earns $63,295 (±$16,510) a year.

Sources

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 Young America township, Edgar County, Illinois (county subdivision:84064, in state:17 county:045).

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.

Request a Census API 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 .

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