What percentage of people rent in Fairmount Township, IN?

19.4% (±7.6 points) of the occupied homes in Fairmount Township, IN are rented (2020–2024 American Community Survey).

That is 301 renting households against 1,251 that own their home.

In Fairmount Township, the share of households that rent went from 23.1% in 2015–2019 to 19.4% in 2020–2024 (−3.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
19.4% (±7.6 points)
Renting households
301 (±121)
Median renter income
$38,381 (±$7,831)

Who rents and who owns in Fairmount Township

Tenure, estimate (90% margin of error)
Fairmount TownshipGrant CountyIndianaUnited States
Renter-occupied share19.4% (±7.6 points)27.3% (±1.9 points)29.4% (±0.3 points)34.8%
Renting households301 (±121)7,303 (±518)799,766 (±7,038)45,017,354
Owning households1,251 (±161)19,470 (±600)1,916,243 (±9,865)84,210,142
Average renter household size2.6 (±0.7)2.1 (±0.1)2.2 (±0.0)2.3
Average owner household size2.6 (±0.3)2.3 (±0.1)2.6 (±0.0)2.6
Median renter household income$38,381 (±$7,831)$38,026 (±$4,046)$42,811 (±$480)$52,966
Median owner household income$69,422 (±$15,935)$61,117 (±$3,051)$87,459 (±$395)$100,009

In Fairmount Township, the renter share is lower than in Grant County (27.3%).

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

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

In Grant County, Fairmount Township ranks 13 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 738 of 1,600.

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

How renting in Fairmount Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent23.1% (±5.8 points)19.4% (±7.6 points)−3.7 percentage pointsNot a measurable change
Median gross rent$561 (±$132)$1,027 (±$233)+83.1%Up after inflation
Median household income$46,628 (±$5,369)$66,078 (±$13,680)+41.7%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 Fairmount Township

Nearest places with a published estimate, compared with Fairmount Township
PlaceDistanceHouseholds that rentCompared with this place
Fairmount Township—19.4% (±7.6 points)—
Fairmount1.8 mi21.7% (±9.5 points)Not measurably different
Fowlerton2.3 mi28.2% (±15.8 points)Not measurably different
Jonesboro4.2 mi21.1% (±7.8 points)Not measurably different
Mill Township4.4 mi24.0% (±5.2 points)Not measurably different
Gas City4.9 mi28.4% (±8.1 points)Not measurably different
Van Buren Township (Madison County)5.3 mi16.6% (±6.8 points)Not measurably different
Jefferson Township (Grant County)6.0 mi19.2% (±5.1 points)Not measurably different
Summitville6.0 mi28.6% (±9.5 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

Households that rent across Grant County, place by place

RankPlaceHouseholds that rent
7Mill Township24.0% (±5.2 points)
8Matthews23.5% (±13.0 points)
9Upland22.0% (±7.8 points)
10Fairmount21.7% (±9.5 points)
11Jonesboro21.1% (±7.8 points)
12 (tie)Sweetser19.4% (±10.5 points)
12 (tie)Fairmount Township19.4% (±7.6 points)
14Jefferson Township (Grant County)19.2% (±5.1 points)
15Van Buren Township (Grant County)19.1% (±9.9 points)
16Van Buren18.6% (±8.4 points)
17Washington Township (Grant County)14.5% (±7.8 points)
18Swayzee12.0% (±6.2 points)
19Richland Township (Grant County)9.5% (±7.9 points)

Showing 13 of 23 places in Grant 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 Fairmount Township

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Questions about Fairmount Township

How many renters are there in Fairmount Township?

Fairmount Township has an estimated 301 (±121) renting households, 19.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Fairmount Township?

In Fairmount Township, the share of households that rent went from 23.1% in 2015–2019 to 19.4% in 2020–2024 (−3.7 percentage points), not a measurable change.

How big are renting households in Fairmount Township?

A renting household in Fairmount Township has 2.6 people on average, against 2.6 in an owned home.

How much do renters earn in Fairmount Township?

The median renting household in Fairmount Township, IN has an income of $38,381 (±$7,831) a year, against $69,422 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 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 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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