What percentage of people rent in Farmland, IN?
44.0% (±10.0 points) of the occupied homes in Farmland, IN are rented (2020–2024 American Community Survey).
That is 250 renting households against 318 that own their home.
In Farmland, the share of households that rent went from 24.9% in 2015–2019 to 44.0% in 2020–2024 (+19.1 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 44.0% (±10.0 points)
- Renting households
- 250 (±86)
- Median renter income
- $34,063 (±$13,295)
Who rents and who owns in Farmland
| Farmland | Randolph County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 44.0% (±10.0 points) | 22.7% (±2.6 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 250 (±86) | 2,355 (±278) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 318 (±69) | 8,009 (±315) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.3 (±0.3) | 2.1 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.2) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $34,063 (±$13,295) | $30,332 (±$3,867) | $42,811 (±$480) | $52,966 |
| Median owner household income | $50,500 (±$15,728) | $72,140 (±$2,920) | $87,459 (±$395) | $100,009 |
In Farmland, the renter share is higher than in Randolph County (22.7%).
It is also higher than in Indiana (29.4%).
It is not measurably different from the national figure (34.8%).
In Randolph County, Farmland ranks 1 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 65 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Farmland has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 24.9% (±6.0 points) | 44.0% (±10.0 points) | +19.1 percentage points | Measurable increase |
| Median gross rent | $665 (±$34) | $832 (±$132) | +25.1% | No measurable change after inflation |
| Median household income | $48,235 (±$5,286) | $41,206 (±$1,962) | −14.6% | Down 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 Farmland
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Farmland | — | 44.0% (±10.0 points) | — |
| Monroe Township (Randolph County) | 2.3 mi | 27.5% (±6.1 points) | Lower |
| Stoney Creek Township (Randolph County) | 3.4 mi | 13.8% (±11.7 points) | Lower |
| Parker City | 4.0 mi | 26.7% (±7.7 points) | Lower |
| Green Township (Randolph County) | 5.9 mi | 19.0% (±16.2 points) | Lower |
| White River Township (Randolph County) | 6.7 mi | 24.9% (±5.3 points) | Lower |
| Franklin Township (Randolph County) | 7.2 mi | 24.4% (±10.2 points) | Lower |
| Liberty Township (Delaware County) | 7.7 mi | 17.8% (±6.0 points) | Lower |
| Selma | 7.7 mi | 26.5% (±12.2 points) | Lower |
Nearby places with a measurably lower figure: Monroe Township (Randolph County), IN (27.5%), Stoney Creek Township (Randolph County), IN (13.8%), Parker City, IN (26.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Randolph County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Farmland | 44.0% (±10.0 points) |
| 2 | Union City | 33.2% (±9.5 points) |
| 3 | Saratoga | 32.9% (±16.0 points) |
| 4 | Modoc | 31.3% (±19.9 points) |
| 5 | Winchester | 29.6% (±6.8 points) |
| 6 | Wayne Township (Randolph County) | 29.3% (±8.0 points) |
| 7 | Lynn | 27.6% (±13.4 points) |
Showing 7 of 20 places in Randolph 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 Farmland
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Questions about Farmland
How many renters are there in Farmland?
Farmland has an estimated 250 (±86) renting households, 44.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Farmland?
In Farmland, the share of households that rent went from 24.9% in 2015–2019 to 44.0% in 2020–2024 (+19.1 percentage points), a measurable increase.
How big are renting households in Farmland?
A renting household in Farmland has 2.3 people on average, against 2.2 in an owned home.
How much do renters earn in Farmland?
The median renting household in Farmland, IN has an income of $34,063 (±$13,295) a year, against $50,500 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Farmland town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Farmland town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Farmland town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Farmland town, 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 Farmland town, Indiana (place:22792, 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.
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 Farmland at a glance
- Median rent in Farmland
- Rent by bedrooms in Farmland
- Rent burden in Farmland
- Income and affordability in Farmland
- Home values in Farmland
- Homeowner costs in Farmland
- Property taxes in Farmland
- Types of homes in Farmland
- Bedrooms in Farmland
- Age of homes in Farmland
- Heating fuel in Farmland
- Commute and cars in Farmland
- Population growth in Farmland
- How long people stay in Farmland
- Indiana landlord and tenant rules
- Housing across Randolph County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana