What percentage of people rent in Madison Township (Morgan County), IN?
11.5% (±4.0 points) of the occupied homes in Madison Township (Morgan County), IN are rented (2020–2024 American Community Survey).
That is 460 renting households against 3,547 that own their home.
In Madison Township (Morgan County), the share of households that rent went from 10.4% in 2015–2019 to 11.5% in 2020–2024 (+1.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 11.5% (±4.0 points)
- Renting households
- 460 (±161)
- Median renter income
- $45,600 (±$10,548)
Who rents and who owns in Madison Township (Morgan County)
| Madison Township (Morgan County) | Morgan County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 11.5% (±4.0 points) | 17.9% (±1.7 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 460 (±161) | 5,054 (±510) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 3,547 (±254) | 23,225 (±502) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.1 (±0.6) | 2.2 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $45,600 (±$10,548) | $42,086 (±$4,472) | $42,811 (±$480) | $52,966 |
| Median owner household income | $101,032 (±$10,923) | $93,246 (±$3,866) | $87,459 (±$395) | $100,009 |
In Madison Township (Morgan County), the renter share is lower than in Morgan County (17.9%).
It is also lower than in Indiana (29.4%).
It is lower than the national figure (34.8%).
In Morgan County, Madison Township (Morgan County) ranks 13 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1125 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Madison Township (Morgan County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.4% (±5.1 points) | 11.5% (±4.0 points) | +1.1 percentage points | Not a measurable change |
| Median household income | $83,631 (±$13,232) | $96,058 (±$9,885) | +14.9% | 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 Madison Township (Morgan County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Madison Township (Morgan County) | — | 11.5% (±4.0 points) | — |
| Harrison Township (Morgan County) | 3.8 mi | 9.0% (±8.9 points) | Not measurably different |
| Mooresville | 3.9 mi | 32.1% (±6.0 points) | Higher |
| Brown Township (Morgan County) | 4.2 mi | 24.3% (±4.3 points) | Higher |
| Brooklyn | 4.8 mi | 21.9% (±8.5 points) | Higher |
| White River Township (Johnson County) | 5.6 mi | 18.6% (±2.7 points) | Higher |
| Bethany | 5.6 mi | 19.0% (±26.8 points) | Not measurably different |
| Bargersville | 5.9 mi | 26.7% (±9.1 points) | Higher |
| Decatur Township | 6.5 mi | 38.4% (±4.3 points) | Higher |
Nearby places with a measurably higher figure: Mooresville, IN (32.1%), Brown Township (Morgan County), IN (24.3%), Brooklyn, IN (21.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Morgan County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 7 | Clay Township (Morgan County) | 20.2% (±7.7 points) |
| 8 | Bethany | 19.0% (±26.8 points) |
| 9 | Baker Township | 18.0% (±16.8 points) |
| 10 | Paragon | 15.5% (±12.5 points) |
| 11 | Ray Township (Morgan County) | 14.7% (±8.0 points) |
| 12 | Jefferson Township (Morgan County) | 13.7% (±7.8 points) |
| 13 | Madison Township (Morgan County) | 11.5% (±4.0 points) |
| 14 | Monrovia | 11.1% (±5.8 points) |
| 15 | Jackson Township (Morgan County) | 10.6% (±4.3 points) |
| 16 | Gregg Township | 10.4% (±5.8 points) |
| 17 | Monroe Township (Morgan County) | 9.5% (±4.3 points) |
| 18 | Harrison Township (Morgan County) | 9.0% (±8.9 points) |
| 19 | Adams Township (Morgan County) | 7.4% (±5.2 points) |
Showing 13 of 21 places in Morgan 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 Madison Township (Morgan County)
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Madison Township (Morgan County), save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Madison Township (Morgan County) beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Madison Township (Morgan County), and send estimates and invoices from your phone.
Questions about Madison Township (Morgan County)
How many renters are there in Madison Township (Morgan County)?
Madison Township (Morgan County) has an estimated 460 (±161) renting households, 11.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Madison Township (Morgan County)?
In Madison Township (Morgan County), the share of households that rent went from 10.4% in 2015–2019 to 11.5% in 2020–2024 (+1.1 percentage points), not a measurable change.
How big are renting households in Madison Township (Morgan County)?
A renting household in Madison Township (Morgan County) has 2.1 people on average, against 2.6 in an owned home.
How much do renters earn in Madison Township (Morgan County)?
The median renting household in Madison Township (Morgan County), IN has an income of $45,600 (±$10,548) a year, against $101,032 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Madison township, Morgan County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Madison township, Morgan County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Madison township, Morgan County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Madison township, Morgan County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Madison township, Morgan 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 Madison township, Morgan County, Indiana (county subdivision:46044, in state:18 county:109).
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 Madison Township (Morgan County) at a glance
- Rent by bedrooms in Madison Township (Morgan County)
- Income and affordability in Madison Township (Morgan County)
- Home values in Madison Township (Morgan County)
- Homeowner costs in Madison Township (Morgan County)
- Property taxes in Madison Township (Morgan County)
- Types of homes in Madison Township (Morgan County)
- Bedrooms in Madison Township (Morgan County)
- Age of homes in Madison Township (Morgan County)
- Heating fuel in Madison Township (Morgan County)
- Commute and cars in Madison Township (Morgan County)
- Population growth in Madison Township (Morgan County)
- How long people stay in Madison Township (Morgan County)
- Crowding and facilities in Madison Township (Morgan County)
- Fair Market Rent in Madison Township (Morgan County)
- Indiana landlord and tenant rules
- Housing across Morgan County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana