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)

Tenure, estimate (90% margin of error)
Franklin Township (Ripley County)Ripley CountyIndianaUnited States
Renter-occupied share21.4% (±8.2 points)23.2% (±2.6 points)29.4% (±0.3 points)34.8%
Renting households309 (±124)2,670 (±330)799,766 (±7,038)45,017,354
Owning households1,132 (±142)8,861 (±282)1,916,243 (±9,865)84,210,142
Average renter household size1.6 (±0.2)1.9 (±0.2)2.2 (±0.0)2.3
Average owner household size2.7 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent31.8% (±8.0 points)21.4% (±8.2 points)−10.4 percentage pointsNot 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)

Nearest places with a published estimate, compared with Franklin Township (Ripley County)
PlaceDistanceHouseholds that rentCompared with this place
Franklin Township (Ripley County)—21.4% (±8.2 points)—
Milan3.3 mi17.7% (±6.8 points)Not measurably different
Moores Hill4.9 mi10.0% (±7.9 points)Lower
Sunman5.3 mi31.4% (±10.4 points)Not measurably different
Delaware Township (Ripley County)5.7 mi9.1% (±8.0 points)Lower
Washington Township (Ripley County)6.1 mi10.1% (±8.6 points)Not measurably different
Adams Township (Ripley County)7.0 mi23.8% (±7.4 points)Not measurably different
Manchester Township7.1 mi5.2% (±4.1 points)Lower
Sparta Township (Dearborn County)7.7 mi4.6% (±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

RankPlaceHouseholds that rent
6Batesville32.9% (±5.6 points)
7Sunman31.4% (±10.4 points)
8Laughery Township30.6% (±6.6 points)
9Johnson Township (Ripley County)29.1% (±6.4 points)
10Adams Township (Ripley County)23.8% (±7.4 points)
11Otter Creek Township (Ripley County)22.3% (±9.8 points)
12Franklin Township (Ripley County)21.4% (±8.2 points)
13Jackson Township (Ripley County)19.0% (±8.7 points)
14Milan17.7% (±6.8 points)
15Shelby Township (Ripley County)10.3% (±13.4 points)
16Washington Township (Ripley County)10.1% (±8.6 points)
17Delaware Township (Ripley County)9.1% (±8.0 points)
18Brown 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

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.

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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