How many renters in Fairmount Township, IN pay more than 30% of their income on rent?
53.4% (±25.8 points) of renting households in Fairmount Township, IN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
51.4% spend 35% or more.
The median renting household spends 35.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 53.4% (±25.8 points)
- Paying 35% or more
- 51.4% (±25.6 points)
- Median share of income
- 35.2% (±12.9 points)
Rent as a share of income in Fairmount Township
| Share of income spent on rent | Fairmount Township | Grant County | Indiana | United States |
|---|---|---|---|---|
| Less than 15% | 4.4% (±5.7 points) | 17.1% | 14.1% | 12.6% |
| 15% to 19.9% | 15.5% (±16.5 points) | 14.4% | 13.6% | 12.2% |
| 20% to 24.9% | 8.0% (±9.5 points) | 14.1% | 12.9% | 12.6% |
| 25% to 29.9% | 18.7% (±15.2 points) | 12.0% | 11.4% | 11.5% |
| 30% to 34.9% | 2.0% (±3.5 points) | 5.8% | 9.2% | 9.2% |
| 35% or more | 51.4% (±25.6 points) | 36.6% | 38.9% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Fairmount Township against Grant County, its state and the nation
| Fairmount Township | Grant County | Indiana | United States | |
|---|---|---|---|---|
| Paying 30% or more | 53.4% (±25.8 points) | 42.4% (±5.4 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 51.4% (±25.6 points) | 36.6% (±5.1 points) | 38.9% (±0.5 points) | 41.9% |
| Median share of income | 35.2% (±12.9 points) | 26.8% (±2.0 points) | 29.1% (±0.3 points) | 30.6% |
| Median renter household income | $38,381 (±$7,831) | $38,026 (±$4,046) | $42,811 (±$480) | $52,966 |
| Median gross rent | $1,027 (±$233) | $853 (±$44) | $1,062 (±$5) | $1,413 |
In Fairmount Township, the share of renters paying 30% or more of income is not measurably different from Grant County (42.4%).
It is not measurably different from Indiana (48.1%).
It is not measurably different from the national figure (51.1%).
In Grant County, Fairmount Township ranks 6 of 22 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 366 of 1,492.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Fairmount Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Fairmount Township | — | 53.4% (±25.8 points) | — |
| Fairmount | 1.8 mi | 42.1% (±27.3 points) | Not measurably different |
| Fowlerton | 2.3 mi | 42.9% (±97.2 points) | Not measurably different |
| Jonesboro | 4.2 mi | 43.1% (±23.8 points) | Not measurably different |
| Mill Township | 4.4 mi | 37.8% (±13.2 points) | Not measurably different |
| Gas City | 4.9 mi | 33.1% (±17.0 points) | Not measurably different |
| Van Buren Township (Madison County) | 5.3 mi | 55.9% (±37.0 points) | Not measurably different |
| Jefferson Township (Grant County) | 6.0 mi | 22.2% (±14.4 points) | Lower |
| Summitville | 6.0 mi | 55.9% (±37.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Jefferson Township (Grant County), IN (22.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Grant County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Green Township (Grant County) | 100.0% (±141.4 points) |
| 2 | Sweetser | 65.6% (±54.4 points) |
| 3 | Monroe Township (Grant County) | 62.8% (±69.2 points) |
| 4 (tie) | Swayzee | 61.6% (±31.3 points) |
| 4 (tie) | Sims Township | 61.6% (±31.3 points) |
| 6 | Fairmount Township | 53.4% (±25.8 points) |
| 7 | Pleasant Township (Grant County) | 53.1% (±16.3 points) |
| 8 | Franklin Township (Grant County) | 49.2% (±15.8 points) |
| 9 | Washington Township (Grant County) | 45.7% (±41.7 points) |
| 10 | Jonesboro | 43.1% (±23.8 points) |
| 11 | Fowlerton | 42.9% (±97.2 points) |
| 12 | Fairmount | 42.1% (±27.3 points) |
Showing 12 of 22 places in Grant County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Fairmount Township
Are renters in Fairmount Township rent-burdened?
53.4% of renting households in Fairmount Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Fairmount Township spend on rent?
The median renting household in Fairmount Township, IN spends 35.2% (±12.9 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Fairmount township, Grant County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Fairmount township, Grant County, Indiana
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 Fairmount township, Grant County, Indiana (county subdivision:22441, in state:18 county:053).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Fairmount Township at a glance
- Median rent in Fairmount Township
- Rent by bedrooms in Fairmount Township
- Renters and owners in Fairmount Township
- Income and affordability in Fairmount Township
- Home values in Fairmount Township
- Homeowner costs in Fairmount Township
- Property taxes in Fairmount Township
- Types of homes in Fairmount Township
- Bedrooms in Fairmount Township
- Age of homes in Fairmount Township
- Heating fuel in Fairmount Township
- Commute and cars in Fairmount Township
- Population growth in Fairmount Township
- How long people stay in Fairmount Township
- Indiana landlord and tenant rules
- Housing across Grant County
- Indiana places ranked by rent burden
- Housing data for every place in Indiana