What percentage of people rent in Bourbon, IN?

32.4% (±8.7 points) of the occupied homes in Bourbon, IN are rented (2020–2024 American Community Survey).

That is 228 renting households against 475 that own their home.

In Bourbon, the share of households that rent went from 31.7% in 2015–2019 to 32.4% in 2020–2024 (+0.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
32.4% (±8.7 points)
Renting households
228 (±72)
Median renter income
$42,885 (±$10,775)

Who rents and who owns in Bourbon

Tenure, estimate (90% margin of error)
BourbonMarshall CountyIndianaUnited States
Renter-occupied share32.4% (±8.7 points)23.6% (±2.4 points)29.4% (±0.3 points)34.8%
Renting households228 (±72)4,197 (±441)799,766 (±7,038)45,017,354
Owning households475 (±96)13,561 (±434)1,916,243 (±9,865)84,210,142
Average renter household size2.4 (±0.5)2.2 (±0.2)2.2 (±0.0)2.3
Average owner household size2.6 (±0.3)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income$42,885 (±$10,775)$45,820 (±$4,742)$42,811 (±$480)$52,966
Median owner household income$90,354 (±$12,094)$82,494 (±$4,726)$87,459 (±$395)$100,009

In Bourbon, the renter share is not measurably different from Marshall County (23.6%).

It is not measurably different from Indiana (29.4%).

It is not measurably different from the national figure (34.8%).

In Marshall County, Bourbon ranks 4 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 263 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Bourbon has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.7% (±6.2 points)32.4% (±8.7 points)+0.7 percentage pointsNot a measurable change
Median gross rent$611 (±$303)$891 (±$176)+45.8%No measurable change after inflation
Median household income$54,333 (±$7,287)$73,510 (±$15,148)+35.3%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.

Households that rent in places near Bourbon

Nearest places with a published estimate, compared with Bourbon
PlaceDistanceHouseholds that rentCompared with this place
Bourbon—32.4% (±8.7 points)—
Bourbon Township2.0 mi22.4% (±6.5 points)Not measurably different
Etna Green4.2 mi16.8% (±13.8 points)Not measurably different
Etna Township4.3 mi9.9% (±8.8 points)Lower
Tippecanoe Township (Marshall County)5.6 mi8.1% (±7.3 points)Lower
Walnut Township (Marshall County)7.0 mi21.0% (±5.9 points)Lower
Center Township (Marshall County)8.1 mi31.3% (±4.3 points)Not measurably different
Scott Township (Kosciusko County)8.2 mi3.4% (±5.4 points)Lower
Argos8.3 mi23.9% (±7.5 points)Not measurably different

Nearby places with a measurably lower figure: Etna Township, IN (9.9%), Tippecanoe Township (Marshall County), IN (8.1%), Walnut Township (Marshall County), IN (21.0%).

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

Households that rent across Marshall County, place by place

RankPlaceHouseholds that rent
1Plymouth42.2% (±5.6 points)
2Bremen34.1% (±9.1 points)
3Culver33.5% (±8.4 points)
4Bourbon32.4% (±8.7 points)
5Center Township (Marshall County)31.3% (±4.3 points)
6German Township (Marshall County)25.3% (±6.4 points)
7Argos23.9% (±7.5 points)
8Union Township (Marshall County)23.3% (±5.3 points)
9Bourbon Township22.4% (±6.5 points)
10Walnut Township (Marshall County)21.0% (±5.9 points)

Showing 10 of 16 places in Marshall 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 Bourbon

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Questions about Bourbon

How many renters are there in Bourbon?

Bourbon has an estimated 228 (±72) renting households, 32.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Bourbon?

In Bourbon, the share of households that rent went from 31.7% in 2015–2019 to 32.4% in 2020–2024 (+0.7 percentage points), not a measurable change.

How big are renting households in Bourbon?

A renting household in Bourbon has 2.4 people on average, against 2.6 in an owned home.

How much do renters earn in Bourbon?

The median renting household in Bourbon, IN has an income of $42,885 (±$10,775) a year, against $90,354 for households that own their home.

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 Bourbon town, Indiana (place:06760, in state:18).

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.

Request a Census API 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 .

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