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

Name: Renters and owners in Lafayette Township (Madison County), IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

19.8% (±6.3 points) of the occupied homes in Lafayette Township (Madison County), IN are rented (2020–2024 American Community Survey).

That is 410 renting households against 1,658 that own their home.

In Lafayette Township (Madison County), the share of households that rent went from 29.4% in 2015–2019 to 19.8% in 2020–2024 (−9.6 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 19.8% (±6.3 points)
Renting households: 410 (±133)
Median renter income: $31,107 (±$18,232)

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

Tenure, estimate (90% margin of error)
	Lafayette Township (Madison County)	Madison County	Indiana	United States
Renter-occupied share	19.8% (±6.3 points)	29.8% (±1.4 points)	29.4% (±0.3 points)	34.8%
Renting households	410 (±133)	15,941 (±794)	799,766 (±7,038)	45,017,354
Owning households	1,658 (±163)	37,488 (±783)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.8 (±0.6)	2.1 (±0.1)	2.2 (±0.0)	2.3
Average owner household size	2.4 (±0.1)	2.5 (±0.0)	2.6 (±0.0)	2.6
Median renter household income	$31,107 (±$18,232)	$36,650 (±$4,568)	$42,811 (±$480)	$52,966
Median owner household income	$71,176 (±$11,818)	$75,613 (±$1,591)	$87,459 (±$395)	$100,009

In Lafayette Township (Madison County), the renter share is lower than in Madison County (29.8%).

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

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

In Madison County, Lafayette Township (Madison County) ranks 15 of 29 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 718 of 1,600.

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

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

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	29.4% (±5.2 points)	19.8% (±6.3 points)	−9.6 percentage points	Measurable decrease
Median gross rent	$742 (±$113)	$748 (±$93)	+0.8%	No measurable change after inflation
Median household income	$52,407 (±$6,212)	$63,857 (±$11,660)	+21.8%	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 (Madison County)

Nearest places with a published estimate, compared with Lafayette Township (Madison County)
Place	Distance	Households that rent	Compared with this place
Lafayette Township (Madison County)	—	19.8% (±6.3 points)	—
Frankton	3.8 mi	16.5% (±6.5 points)	Not measurably different
Country Club Heights	4.2 mi	0.0% (±38.1 points)	Not measurably different
Woodlawn Heights	4.4 mi	10.0% (±18.4 points)	Not measurably different
River Forest	4.6 mi	0.0% (±100.0 points)	Not measurably different
Edgewood	5.1 mi	7.2% (±5.1 points)	Lower
Jackson Township (Madison County)	5.3 mi	3.8% (±3.2 points)	Lower
Richland Township (Madison County)	5.6 mi	25.5% (±12.7 points)	Not measurably different
Pipe Creek Township (Madison County)	5.9 mi	27.0% (±4.0 points)	Not measurably different

Nearby places with a measurably lower figure: Edgewood, IN (7.2%), Jackson Township (Madison County), IN (3.8%).

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

Households that rent across Madison County, place by place

Rank	Place	Households that rent
9	Chesterfield	27.7% (±6.9 points)
10	Pipe Creek Township (Madison County)	27.0% (±4.0 points)
11	Pendleton	26.5% (±6.3 points)
12	Richland Township (Madison County)	25.5% (±12.7 points)
13	Ingalls	24.0% (±9.9 points)
14	Stony Creek Township	21.3% (±6.7 points)
15	Lafayette Township (Madison County)	19.8% (±6.3 points)
16	Markleville	17.9% (±8.6 points)
17	Van Buren Township (Madison County)	16.6% (±6.8 points)
18	Frankton	16.5% (±6.5 points)
19	Fall Creek Township (Madison County)	16.1% (±3.9 points)
20	Adams Township (Madison County)	13.6% (±6.2 points)
21	Green Township (Madison County)	13.3% (±5.0 points)

Showing 13 of 29 places in Madison 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 Lafayette Township (Madison County)

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

Lafayette Township (Madison County) has an estimated 410 (±133) renting households, 19.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lafayette Township (Madison County)?

In Lafayette Township (Madison County), the share of households that rent went from 29.4% in 2015–2019 to 19.8% in 2020–2024 (−9.6 percentage points), a measurable decrease.

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

A renting household in Lafayette Township (Madison County) has 2.8 people on average, against 2.4 in an owned home.

How much do renters earn in Lafayette Township (Madison County)?

The median renting household in Lafayette Township (Madison County), IN has an income of $31,107 (±$18,232) a year, against $71,176 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 Lafayette township, Madison County, Indiana (county subdivision:40752, in state:18 county:095).

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.