What percentage of people rent in Clay Township (Spencer County), IN?

7.1% (±2.5 points) of the occupied homes in Clay Township (Spencer County), IN are rented (2020–2024 American Community Survey).

That is 80 renting households against 1,040 that own their home.

In Clay Township (Spencer County), the share of households that rent went from 5.9% in 2015–2019 to 7.1% in 2020–2024 (+1.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
7.1% (±2.5 points)
Renting households
80 (±30)
Median renter income
$67,083 (±$33,012)

Who rents and who owns in Clay Township (Spencer County)

Tenure, estimate (90% margin of error)
Clay Township (Spencer County)Spencer CountyIndianaUnited States
Renter-occupied share7.1% (±2.5 points)18.7% (±2.6 points)29.4% (±0.3 points)34.8%
Renting households80 (±30)1,507 (±216)799,766 (±7,038)45,017,354
Owning households1,040 (±88)6,571 (±241)1,916,243 (±9,865)84,210,142
Average renter household size1.9 (±0.6)1.8 (±0.1)2.2 (±0.0)2.3
Average owner household size2.6 (±0.2)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$67,083 (±$33,012)$38,036 (±$9,030)$42,811 (±$480)$52,966
Median owner household income$92,679 (±$18,453)$86,372 (±$6,583)$87,459 (±$395)$100,009

In Clay Township (Spencer County), the renter share is lower than in Spencer County (18.7%).

It is also lower than in Indiana (29.4%).

It is lower than the national figure (34.8%).

In Spencer County, Clay Township (Spencer County) ranks 15 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1323 of 1,600.

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

How renting in Clay Township (Spencer County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent5.9% (±4.2 points)7.1% (±2.5 points)+1.2 percentage pointsNot a measurable change
Median gross rent$1,078 (±$70)$1,219 (±$167)+13.1%No measurable change after inflation
Median household income$76,103 (±$12,708)$89,167 (±$18,196)+17.2%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 Clay Township (Spencer County)

Nearest places with a published estimate, compared with Clay Township (Spencer County)
PlaceDistanceHouseholds that rentCompared with this place
Clay Township (Spencer County)—7.1% (±2.5 points)—
Santa Claus3.5 mi7.6% (±2.8 points)Not measurably different
Gentryville5.1 mi54.2% (±34.0 points)Higher
Jackson Township (Spencer County)5.1 mi31.7% (±19.1 points)Higher
Chrisney5.8 mi26.7% (±11.7 points)Higher
Hammond Township6.2 mi10.7% (±4.5 points)Not measurably different
Carter Township6.5 mi24.7% (±6.9 points)Higher
Huff Township6.6 mi5.9% (±4.4 points)Not measurably different
Harrison Township (Spencer County)7.6 mi15.4% (±10.1 points)Not measurably different

Nearby places with a measurably higher figure: Gentryville, IN (54.2%), Jackson Township (Spencer County), IN (31.7%), Chrisney, IN (26.7%).

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

Households that rent across Spencer County, place by place

RankPlaceHouseholds that rent
9Harrison Township (Spencer County)15.4% (±10.1 points)
10Grass Township15.3% (±7.2 points)
11Luce Township14.7% (±10.3 points)
12Richland11.7% (±6.3 points)
13Hammond Township10.7% (±4.5 points)
14Santa Claus7.6% (±2.8 points)
15Clay Township (Spencer County)7.1% (±2.5 points)
16Huff Township5.9% (±4.4 points)

Showing 8 of 16 places in Spencer 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 Clay Township (Spencer County)

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Questions about Clay Township (Spencer County)

How many renters are there in Clay Township (Spencer County)?

Clay Township (Spencer County) has an estimated 80 (±30) renting households, 7.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Clay Township (Spencer County)?

In Clay Township (Spencer County), the share of households that rent went from 5.9% in 2015–2019 to 7.1% in 2020–2024 (+1.2 percentage points), not a measurable change.

How big are renting households in Clay Township (Spencer County)?

A renting household in Clay Township (Spencer County) has 1.9 people on average, against 2.6 in an owned home.

How much do renters earn in Clay Township (Spencer County)?

The median renting household in Clay Township (Spencer County), IN has an income of $67,083 (±$33,012) a year, against $92,679 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 Clay township, Spencer County, Indiana (county subdivision:13240, in state:18 county:147).

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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