What percentage of people rent in Franklin Township (Ripley County), IN?
21.4% (±8.2 points) of the occupied homes in Franklin Township (Ripley County), IN are rented (2020–2024 American Community Survey).
That is 309 renting households against 1,132 that own their home.
In Franklin Township (Ripley County), the share of households that rent went from 31.8% in 2015–2019 to 21.4% in 2020–2024 (−10.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 21.4% (±8.2 points)
- Renting households
- 309 (±124)
- Median renter income
- $46,235 (±$5,171)
Who rents and who owns in Franklin Township (Ripley County)
| Franklin Township (Ripley County) | Ripley County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 21.4% (±8.2 points) | 23.2% (±2.6 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 309 (±124) | 2,670 (±330) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 1,132 (±142) | 8,861 (±282) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 1.6 (±0.2) | 1.9 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.3) | 2.7 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $46,235 (±$5,171) | $38,289 (±$5,223) | $42,811 (±$480) | $52,966 |
| Median owner household income | $75,743 (±$7,668) | $83,686 (±$7,130) | $87,459 (±$395) | $100,009 |
In Franklin Township (Ripley County), the renter share is not measurably different from Ripley County (23.2%).
It is not measurably different from Indiana (29.4%).
It is lower than the national figure (34.8%).
In Ripley County, Franklin Township (Ripley County) ranks 12 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 642 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Franklin Township (Ripley County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 31.8% (±8.0 points) | 21.4% (±8.2 points) | −10.4 percentage points | Not a measurable change |
| Median gross rent | $692 (±$130) | $744 (±$247) | +7.5% | No measurable change after inflation |
| Median household income | $45,179 (±$9,240) | $67,083 (±$14,125) | +48.5% | 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 Franklin Township (Ripley County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Franklin Township (Ripley County) | — | 21.4% (±8.2 points) | — |
| Milan | 3.3 mi | 17.7% (±6.8 points) | Not measurably different |
| Moores Hill | 4.9 mi | 10.0% (±7.9 points) | Lower |
| Sunman | 5.3 mi | 31.4% (±10.4 points) | Not measurably different |
| Delaware Township (Ripley County) | 5.7 mi | 9.1% (±8.0 points) | Lower |
| Washington Township (Ripley County) | 6.1 mi | 10.1% (±8.6 points) | Not measurably different |
| Adams Township (Ripley County) | 7.0 mi | 23.8% (±7.4 points) | Not measurably different |
| Manchester Township | 7.1 mi | 5.2% (±4.1 points) | Lower |
| Sparta Township (Dearborn County) | 7.7 mi | 4.6% (±3.4 points) | Lower |
Nearby places with a measurably lower figure: Moores Hill, IN (10.0%), Delaware Township (Ripley County), IN (9.1%), Manchester Township, IN (5.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Ripley County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Batesville | 32.9% (±5.6 points) |
| 7 | Sunman | 31.4% (±10.4 points) |
| 8 | Laughery Township | 30.6% (±6.6 points) |
| 9 | Johnson Township (Ripley County) | 29.1% (±6.4 points) |
| 10 | Adams Township (Ripley County) | 23.8% (±7.4 points) |
| 11 | Otter Creek Township (Ripley County) | 22.3% (±9.8 points) |
| 12 | Franklin Township (Ripley County) | 21.4% (±8.2 points) |
| 13 | Jackson Township (Ripley County) | 19.0% (±8.7 points) |
| 14 | Milan | 17.7% (±6.8 points) |
| 15 | Shelby Township (Ripley County) | 10.3% (±13.4 points) |
| 16 | Washington Township (Ripley County) | 10.1% (±8.6 points) |
| 17 | Delaware Township (Ripley County) | 9.1% (±8.0 points) |
| 18 | Brown Township (Ripley County) | 5.0% (±6.1 points) |
Showing 13 of 18 places in Ripley 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 Franklin Township (Ripley County)
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Questions about Franklin Township (Ripley County)
How many renters are there in Franklin Township (Ripley County)?
Franklin Township (Ripley County) has an estimated 309 (±124) renting households, 21.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Franklin Township (Ripley County)?
In Franklin Township (Ripley County), the share of households that rent went from 31.8% in 2015–2019 to 21.4% in 2020–2024 (−10.4 percentage points), not a measurable change.
How big are renting households in Franklin Township (Ripley County)?
A renting household in Franklin Township (Ripley County) has 1.6 people on average, against 2.7 in an owned home.
How much do renters earn in Franklin Township (Ripley County)?
The median renting household in Franklin Township (Ripley County), IN has an income of $46,235 (±$5,171) a year, against $75,743 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Ripley County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin township, Ripley County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Ripley County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Ripley County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Franklin township, Ripley County, 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 Franklin township, Ripley County, Indiana (county subdivision:25612, in state:18 county:137).
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 Franklin Township (Ripley County) at a glance
- Median rent in Franklin Township (Ripley County)
- Income and affordability in Franklin Township (Ripley County)
- Home values in Franklin Township (Ripley County)
- Homeowner costs in Franklin Township (Ripley County)
- Property taxes in Franklin Township (Ripley County)
- Types of homes in Franklin Township (Ripley County)
- Bedrooms in Franklin Township (Ripley County)
- Age of homes in Franklin Township (Ripley County)
- Heating fuel in Franklin Township (Ripley County)
- Commute and cars in Franklin Township (Ripley County)
- Population growth in Franklin Township (Ripley County)
- How long people stay in Franklin Township (Ripley County)
- Indiana landlord and tenant rules
- Housing across Ripley County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana