How many renters in Franklin Township (Marion County), IN pay more than 30% of their income on rent?

48.6% (±12.1 points) of renting households in Franklin Township (Marion County), IN spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

36.1% spend 35% or more.

The median renting household spends 29.5% of its income on rent.

Figures last updated on .

Paying 30% or more
48.6% (±12.1 points)
Paying 35% or more
36.1% (±7.5 points)
Median share of income
29.5% (±2.8 points)

Rent as a share of income in Franklin Township (Marion County)

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentFranklin Township (Marion County)Marion CountyIndianaUnited States
Less than 15%16.8% (±5.7 points)11.9%14.1%12.6%
15% to 19.9%7.8% (±4.0 points)12.3%13.6%12.2%
20% to 24.9%13.6% (±4.6 points)13.3%12.9%12.6%
25% to 29.9%13.3% (±4.2 points)11.6%11.4%11.5%
30% to 34.9%12.5% (±9.5 points)9.2%9.2%9.2%
35% or more36.1% (±7.5 points)41.7%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.

Franklin Township (Marion County) against Marion County, its state and the nation

Estimate (90% margin of error)
Franklin Township (Marion County)Marion CountyIndianaUnited States
Paying 30% or more48.6% (±12.1 points)50.9% (±1.4 points)48.1% (±0.6 points)51.1%
Paying 35% or more36.1% (±7.5 points)41.7% (±1.1 points)38.9% (±0.5 points)41.9%
Median share of income29.5% (±2.8 points)30.5% (±0.7 points)29.1% (±0.3 points)30.6%
Median renter household income$55,661 (±$6,858)$45,770 (±$1,355)$42,811 (±$480)$52,966
Median gross rent$1,288 (±$118)$1,153 (±$10)$1,062 (±$5)$1,413

In Franklin Township (Marion County), the share of renters paying 30% or more of income is not measurably different from Marion County (50.9%).

It is not measurably different from Indiana (48.1%).

It is not measurably different from the national figure (51.1%).

In Marion County, Franklin Township (Marion County) ranks 16 of 23 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 486 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 Franklin Township (Marion County)

Nearest places with a published estimate, compared with Franklin Township (Marion County)
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Franklin Township (Marion County)—48.6% (±12.1 points)—
Beech Grove4.8 mi61.8% (±19.4 points)Not measurably different
Southport5.8 mi36.6% (±19.8 points)Not measurably different
Clark Township (Johnson County)6.3 mi0.0% (±67.2 points)Not measurably different
Homecroft6.4 mi0.0% (±141.4 points)Not measurably different
Moral Township6.7 mi23.5% (±39.3 points)Not measurably different
Warren Township (Marion County)6.8 mi59.3% (±5.5 points)Not measurably different
New Palestine7.2 mi34.8% (±24.1 points)Not measurably different
Greenwood7.2 mi41.4% (±5.8 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.

Renters paying 30% or more of income across Marion County, place by place

RankPlaceRenters paying 30% or more of income
10Center Township (Marion County)51.3% (±2.7 points)
11Indianapolis50.7% (±1.4 points)
12Wayne Township (Marion County)50.2% (±3.6 points)
13Lawrence Township49.3% (±5.3 points)
14Washington Township (Marion County)49.1% (±3.5 points)
15Rocky Ripple49.0% (±23.7 points)
16Franklin Township (Marion County)48.6% (±12.1 points)
17Speedway45.5% (±7.9 points)
18Pike Township (Marion County)43.0% (±5.3 points)
19Southport36.6% (±19.8 points)
20Clermont22.2% (±49.5 points)
21 (tie)Homecroft0.0% (±141.4 points)
21 (tie)Meridian Hills0.0% (±106.2 points)

Showing 13 of 23 places in Marion 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.

What you can do on Seayora in Franklin Township (Marion County)

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Franklin Township (Marion County), save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Franklin Township (Marion County) beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Franklin Township (Marion County), and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Franklin Township (Marion County)

Are renters in Franklin Township (Marion County) rent-burdened?

48.6% of renting households in Franklin Township (Marion County) 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 Franklin Township (Marion County) spend on rent?

The median renting household in Franklin Township (Marion County), IN spends 29.5% (±2.8 points) of its household income on gross rent.

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 Franklin township, Marion County, Indiana (county subdivision:25504, in state:18 county:097).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API 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