What percentage of people rent in Coolspring Township, IN?
36.1% (±4.6 points) of the occupied homes in Coolspring Township, IN are rented (2020–2024 American Community Survey).
That is 2,512 renting households against 4,448 that own their home.
In Coolspring Township, the share of households that rent went from 37.2% in 2015–2019 to 36.1% in 2020–2024 (−1.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 36.1% (±4.6 points)
- Renting households
- 2,512 (±401)
- Median renter income
- $35,732 (±$8,027)
Who rents and who owns in Coolspring Township
| Coolspring Township | LaPorte County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 36.1% (±4.6 points) | 25.3% (±1.6 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 2,512 (±401) | 11,019 (±713) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 4,448 (±368) | 32,614 (±855) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.2 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $35,732 (±$8,027) | $41,095 (±$3,085) | $42,811 (±$480) | $52,966 |
| Median owner household income | $77,205 (±$5,813) | $82,005 (±$2,187) | $87,459 (±$395) | $100,009 |
In Coolspring Township, the renter share is higher than in LaPorte County (25.3%).
It is also higher than in Indiana (29.4%).
It is not measurably different from the national figure (34.8%).
In LaPorte County, Coolspring Township ranks 4 of 33 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 177 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Coolspring Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 37.2% (±3.2 points) | 36.1% (±4.6 points) | −1.1 percentage points | Not a measurable change |
| Median gross rent | $711 (±$39) | $943 (±$39) | +32.6% | Up after inflation |
| Median household income | $49,170 (±$4,078) | $61,875 (±$7,262) | +25.8% | 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 Coolspring Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Coolspring Township | — | 36.1% (±4.6 points) | — |
| Trail Creek | 3.7 mi | 8.4% (±6.5 points) | Lower |
| Michigan City | 4.5 mi | 41.2% (±3.5 points) | Not measurably different |
| Pine Township (Porter County) | 4.5 mi | 8.5% (±4.4 points) | Lower |
| Town of Pines | 5.0 mi | 16.3% (±7.8 points) | Lower |
| Pottawattamie Park | 5.5 mi | 5.2% (±5.0 points) | Lower |
| New Durham Township | 5.9 mi | 12.7% (±4.8 points) | Lower |
| Center Township (LaPorte County) | 6.0 mi | 32.6% (±3.5 points) | Not measurably different |
| Michigan Township (LaPorte County) | 6.2 mi | 29.6% (±3.2 points) | Lower |
Nearby places with a measurably lower figure: Trail Creek, IN (8.4%), Pine Township (Porter County), IN (8.5%), Town of Pines, IN (16.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across LaPorte County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Michigan City | 41.2% (±3.5 points) |
| 2 | Kingsford Heights | 40.1% (±10.3 points) |
| 3 | La Porte | 39.6% (±3.7 points) |
| 4 | Coolspring Township | 36.1% (±4.6 points) |
| 5 | Center Township (LaPorte County) | 32.6% (±3.5 points) |
| 6 | Michigan Township (LaPorte County) | 29.6% (±3.2 points) |
| 7 | Union Township (LaPorte County) | 26.7% (±8.0 points) |
| 8 | Scipio Township (LaPorte County) | 22.8% (±6.3 points) |
| 9 | Hanna Township | 21.0% (±15.1 points) |
| 10 | Kingsbury | 20.0% (±14.0 points) |
Showing 10 of 33 places in LaPorte 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 Coolspring Township
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Questions about Coolspring Township
How many renters are there in Coolspring Township?
Coolspring Township has an estimated 2,512 (±401) renting households, 36.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Coolspring Township?
In Coolspring Township, the share of households that rent went from 37.2% in 2015–2019 to 36.1% in 2020–2024 (−1.1 percentage points), not a measurable change.
How big are renting households in Coolspring Township?
A renting household in Coolspring Township has 1.9 people on average, against 2.4 in an owned home.
How much do renters earn in Coolspring Township?
The median renting household in Coolspring Township, IN has an income of $35,732 (±$8,027) a year, against $77,205 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Coolspring township, LaPorte County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Coolspring township, LaPorte County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Coolspring township, LaPorte County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Coolspring township, LaPorte County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Coolspring township, LaPorte County, Indiana
- 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 Coolspring township, LaPorte County, Indiana (county subdivision:15040, in state:18 county:091).
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 Coolspring Township at a glance
- Median rent in Coolspring Township
- Rent by bedrooms in Coolspring Township
- Rent burden in Coolspring Township
- Income and affordability in Coolspring Township
- Home values in Coolspring Township
- Homeowner costs in Coolspring Township
- Property taxes in Coolspring Township
- Types of homes in Coolspring Township
- Bedrooms in Coolspring Township
- Age of homes in Coolspring Township
- Vacancy rate in Coolspring Township
- Heating fuel in Coolspring Township
- Commute and cars in Coolspring Township
- Population growth in Coolspring Township
- How long people stay in Coolspring Township
- Crowding and facilities in Coolspring Township
- Indiana landlord and tenant rules
- Housing across LaPorte County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana