What percentage of people rent in Lafayette Township (Floyd County), IN?

6.0% (±2.3 points) of the occupied homes in Lafayette Township (Floyd County), IN are rented (2020–2024 American Community Survey).

That is 184 renting households against 2,898 that own their home.

In Lafayette Township (Floyd County), the share of households that rent went from 4.9% in 2015–2019 to 6.0% in 2020–2024 (+1.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
6.0% (±2.3 points)
Renting households
184 (±74)

Who rents and who owns in Lafayette Township (Floyd County)

Tenure, estimate (90% margin of error)
Lafayette Township (Floyd County)Floyd CountyIndianaUnited States
Renter-occupied share6.0% (±2.3 points)26.8% (±1.6 points)29.4% (±0.3 points)34.8%
Renting households184 (±74)8,558 (±519)799,766 (±7,038)45,017,354
Owning households2,898 (±168)23,358 (±580)1,916,243 (±9,865)84,210,142
Average renter household size2.1 (±0.5)2.0 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±0.2)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income—$40,724 (±$3,666)$42,811 (±$480)$52,966
Median owner household income$119,537 (±$15,824)$95,265 (±$4,015)$87,459 (±$395)$100,009

In Lafayette Township (Floyd County), the renter share is lower than in Floyd County (26.8%).

It is also lower than in Indiana (29.4%).

It is lower than the national figure (34.8%).

In Floyd County, Lafayette Township (Floyd County) ranks 6 of 9 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1361 of 1,600.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lafayette Township (Floyd County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent4.9% (±2.9 points)6.0% (±2.3 points)+1.1 percentage pointsNot a measurable change
Median gross rent$765 (±$286)$1,154 (±$231)+50.8%No measurable change after inflation
Median household income$100,370 (±$9,036)$118,380 (±$13,037)+17.9%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 Lafayette Township (Floyd County)

Nearest places with a published estimate, compared with Lafayette Township (Floyd County)
PlaceDistanceHouseholds that rentCompared with this place
Lafayette Township (Floyd County)—6.0% (±2.3 points)—
Galena3.1 mi1.1% (±1.7 points)Lower
New Albany Township4.0 mi36.0% (±2.0 points)Higher
New Albany4.5 mi44.6% (±2.5 points)Higher
Greenville Township5.4 mi2.4% (±1.3 points)Lower
Greenville5.6 mi6.3% (±4.6 points)Not measurably different
Georgetown Township5.7 mi12.0% (±3.7 points)Higher
Carr Township (Clark County)5.7 mi5.8% (±5.1 points)Not measurably different
Georgetown6.2 mi16.8% (±10.5 points)Higher

Nearby places with a measurably lower figure: Galena, IN (1.1%), Greenville Township, IN (2.4%).

Nearby places with a measurably higher figure: New Albany Township, IN (36.0%), New Albany, IN (44.6%), Georgetown Township, IN (12.0%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Floyd County, place by place

RankPlaceHouseholds that rent
1New Albany44.6% (±2.5 points)
2New Albany Township36.0% (±2.0 points)
3Georgetown16.8% (±10.5 points)
4Georgetown Township12.0% (±3.7 points)
5Greenville6.3% (±4.6 points)
6Lafayette Township (Floyd County)6.0% (±2.3 points)
7Franklin Township (Floyd County)5.4% (±4.4 points)
8Greenville Township2.4% (±1.3 points)
9Galena1.1% (±1.7 points)

The figures for Lafayette Township (Floyd County) include the places inside it that have pages of their own: Floyds Knobs.

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 Lafayette Township (Floyd County)

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Questions about Lafayette Township (Floyd County)

How many renters are there in Lafayette Township (Floyd County)?

Lafayette Township (Floyd County) has an estimated 184 (±74) renting households, 6.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lafayette Township (Floyd County)?

In Lafayette Township (Floyd County), the share of households that rent went from 4.9% in 2015–2019 to 6.0% in 2020–2024 (+1.1 percentage points), not a measurable change.

How big are renting households in Lafayette Township (Floyd County)?

A renting household in Lafayette Township (Floyd County) has 2.1 people on average, against 2.7 in an owned 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 Lafayette township, Floyd County, Indiana (county subdivision:40734, in state:18 county:043).

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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