What percentage of people rent in Hanover Township (Shelby County), IN?
22.3% (±7.2 points) of the occupied homes in Hanover Township (Shelby County), IN are rented (2020–2024 American Community Survey).
That is 174 renting households against 605 that own their home.
In Hanover Township (Shelby County), the share of households that rent went from 27.3% in 2015–2019 to 22.3% in 2020–2024 (−5.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 22.3% (±7.2 points)
- Renting households
- 174 (±61)
- Median renter income
- $36,818 (±$15,608)
Who rents and who owns in Hanover Township (Shelby County)
| Hanover Township (Shelby County) | Shelby County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 22.3% (±7.2 points) | 27.5% (±2.3 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 174 (±61) | 5,082 (±437) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 605 (±87) | 13,368 (±448) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.3 (±0.1) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $36,818 (±$15,608) | $44,824 (±$5,769) | $42,811 (±$480) | $52,966 |
| Median owner household income | $96,993 (±$11,342) | $87,818 (±$4,547) | $87,459 (±$395) | $100,009 |
In Hanover Township (Shelby County), the renter share is not measurably different from Shelby County (27.5%).
It is not measurably different from Indiana (29.4%).
It is lower than the national figure (34.8%).
In Shelby County, Hanover Township (Shelby County) ranks 6 of 17 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 612 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Hanover Township (Shelby County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.3% (±7.4 points) | 22.3% (±7.2 points) | −5.0 percentage points | Not a measurable change |
| Median gross rent | $774 (±$58) | $967 (±$256) | +24.9% | No measurable change after inflation |
| Median household income | $58,359 (±$9,752) | $80,739 (±$21,224) | +38.3% | 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 Hanover Township (Shelby County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Hanover Township (Shelby County) | — | 22.3% (±7.2 points) | — |
| Morristown | 3.7 mi | 30.1% (±9.1 points) | Not measurably different |
| Posey Township (Rush County) | 4.9 mi | 10.2% (±8.8 points) | Lower |
| Marion Township (Shelby County) | 5.2 mi | 30.3% (±11.1 points) | Not measurably different |
| Blue River Township (Hancock County) | 5.5 mi | 0.0% (±5.1 points) | Lower |
| Union Township (Shelby County) | 5.5 mi | 11.9% (±13.8 points) | Not measurably different |
| Van Buren Township (Shelby County) | 6.1 mi | 24.4% (±11.8 points) | Not measurably different |
| Brandywine Township (Hancock County) | 6.9 mi | 4.4% (±7.2 points) | Lower |
| Ripley Township (Rush County) | 7.8 mi | 19.0% (±7.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Posey Township (Rush County), IN (10.2%), Blue River Township (Hancock County), IN (0.0%), Brandywine Township (Hancock County), IN (4.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Shelby County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Shelbyville | 44.8% (±4.2 points) |
| 2 | Addison Township | 41.5% (±3.9 points) |
| 3 | Marion Township (Shelby County) | 30.3% (±11.1 points) |
| 4 | Morristown | 30.1% (±9.1 points) |
| 5 | Van Buren Township (Shelby County) | 24.4% (±11.8 points) |
| 6 | Hanover Township (Shelby County) | 22.3% (±7.2 points) |
| 7 | Noble Township (Shelby County) | 19.3% (±10.0 points) |
| 8 | Hendricks Township | 14.2% (±11.9 points) |
| 9 | Union Township (Shelby County) | 11.9% (±13.8 points) |
| 10 | Brandywine Township (Shelby County) | 11.3% (±6.9 points) |
| 11 | Fairland | 10.6% (±8.7 points) |
| 12 (tie) | Jackson Township (Shelby County) | 10.1% (±5.1 points) |
Showing 12 of 17 places in Shelby 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.
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Questions about Hanover Township (Shelby County)
How many renters are there in Hanover Township (Shelby County)?
Hanover Township (Shelby County) has an estimated 174 (±61) renting households, 22.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Hanover Township (Shelby County)?
In Hanover Township (Shelby County), the share of households that rent went from 27.3% in 2015–2019 to 22.3% in 2020–2024 (−5.0 percentage points), not a measurable change.
How big are renting households in Hanover Township (Shelby County)?
A renting household in Hanover Township (Shelby County) has 1.8 people on average, against 2.5 in an owned home.
How much do renters earn in Hanover Township (Shelby County)?
The median renting household in Hanover Township (Shelby County), IN has an income of $36,818 (±$15,608) a year, against $96,993 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Hanover township, Shelby County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Hanover township, Shelby County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Hanover township, Shelby County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Hanover township, Shelby County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Hanover township, Shelby 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 Hanover township, Shelby County, Indiana (county subdivision:31270, in state:18 county:145).
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 Hanover Township (Shelby County) at a glance
- Median rent in Hanover Township (Shelby County)
- Rent burden in Hanover Township (Shelby County)
- Income and affordability in Hanover Township (Shelby County)
- Home values in Hanover Township (Shelby County)
- Homeowner costs in Hanover Township (Shelby County)
- Property taxes in Hanover Township (Shelby County)
- Types of homes in Hanover Township (Shelby County)
- Bedrooms in Hanover Township (Shelby County)
- Age of homes in Hanover Township (Shelby County)
- Heating fuel in Hanover Township (Shelby County)
- Commute and cars in Hanover Township (Shelby County)
- Population growth in Hanover Township (Shelby County)
- How long people stay in Hanover Township (Shelby County)
- Fair Market Rent in Hanover Township (Shelby County)
- Indiana landlord and tenant rules
- Housing across Shelby County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana