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)
| Share of income spent on rent | Franklin Township (Marion County) | Marion County | Indiana | United 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 more | 36.1% (±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
| Franklin Township (Marion County) | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Paying 30% or more | 48.6% (±12.1 points) | 50.9% (±1.4 points) | 48.1% (±0.6 points) | 51.1% |
| Paying 35% or more | 36.1% (±7.5 points) | 41.7% (±1.1 points) | 38.9% (±0.5 points) | 41.9% |
| Median share of income | 29.5% (±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)
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Franklin Township (Marion County) | — | 48.6% (±12.1 points) | — |
| Beech Grove | 4.8 mi | 61.8% (±19.4 points) | Not measurably different |
| Southport | 5.8 mi | 36.6% (±19.8 points) | Not measurably different |
| Clark Township (Johnson County) | 6.3 mi | 0.0% (±67.2 points) | Not measurably different |
| Homecroft | 6.4 mi | 0.0% (±141.4 points) | Not measurably different |
| Moral Township | 6.7 mi | 23.5% (±39.3 points) | Not measurably different |
| Warren Township (Marion County) | 6.8 mi | 59.3% (±5.5 points) | Not measurably different |
| New Palestine | 7.2 mi | 34.8% (±24.1 points) | Not measurably different |
| Greenwood | 7.2 mi | 41.4% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 10 | Center Township (Marion County) | 51.3% (±2.7 points) |
| 11 | Indianapolis | 50.7% (±1.4 points) |
| 12 | Wayne Township (Marion County) | 50.2% (±3.6 points) |
| 13 | Lawrence Township | 49.3% (±5.3 points) |
| 14 | Washington Township (Marion County) | 49.1% (±3.5 points) |
| 15 | Rocky Ripple | 49.0% (±23.7 points) |
| 16 | Franklin Township (Marion County) | 48.6% (±12.1 points) |
| 17 | Speedway | 45.5% (±7.9 points) |
| 18 | Pike Township (Marion County) | 43.0% (±5.3 points) |
| 19 | Southport | 36.6% (±19.8 points) |
| 20 | Clermont | 22.2% (±49.5 points) |
| 21 (tie) | Homecroft | 0.0% (±141.4 points) |
| 21 (tie) | Meridian Hills | 0.0% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Marion County, Indiana
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Franklin township, Marion County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin township, Marion 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 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.
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
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- Income and affordability in Franklin Township (Marion County)
- Home values in Franklin Township (Marion County)
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- Property taxes in Franklin Township (Marion County)
- Types of homes in Franklin Township (Marion County)
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- Age of homes in Franklin Township (Marion County)
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- Population growth in Franklin Township (Marion County)
- How long people stay in Franklin Township (Marion County)
- Crowding and facilities in Franklin Township (Marion County)
- Fair Market Rent in Franklin Township (Marion County)
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by rent burden
- Housing data for every place in Indiana