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)

Tenure, estimate (90% margin of error)
Madison Township (Morgan County)Morgan CountyIndianaUnited States
Renter-occupied share11.5% (±4.0 points)17.9% (±1.7 points)29.4% (±0.3 points)34.8%
Renting households460 (±161)5,054 (±510)799,766 (±7,038)45,017,354
Owning households3,547 (±254)23,225 (±502)1,916,243 (±9,865)84,210,142
Average renter household size2.1 (±0.6)2.2 (±0.2)2.2 (±0.0)2.3
Average owner household size2.6 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent10.4% (±5.1 points)11.5% (±4.0 points)+1.1 percentage pointsNot 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)

Nearest places with a published estimate, compared with Madison Township (Morgan County)
PlaceDistanceHouseholds that rentCompared with this place
Madison Township (Morgan County)—11.5% (±4.0 points)—
Harrison Township (Morgan County)3.8 mi9.0% (±8.9 points)Not measurably different
Mooresville3.9 mi32.1% (±6.0 points)Higher
Brown Township (Morgan County)4.2 mi24.3% (±4.3 points)Higher
Brooklyn4.8 mi21.9% (±8.5 points)Higher
White River Township (Johnson County)5.6 mi18.6% (±2.7 points)Higher
Bethany5.6 mi19.0% (±26.8 points)Not measurably different
Bargersville5.9 mi26.7% (±9.1 points)Higher
Decatur Township6.5 mi38.4% (±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

RankPlaceHouseholds that rent
7Clay Township (Morgan County)20.2% (±7.7 points)
8Bethany19.0% (±26.8 points)
9Baker Township18.0% (±16.8 points)
10Paragon15.5% (±12.5 points)
11Ray Township (Morgan County)14.7% (±8.0 points)
12Jefferson Township (Morgan County)13.7% (±7.8 points)
13Madison Township (Morgan County)11.5% (±4.0 points)
14Monrovia11.1% (±5.8 points)
15Jackson Township (Morgan County)10.6% (±4.3 points)
16Gregg Township10.4% (±5.8 points)
17Monroe Township (Morgan County)9.5% (±4.3 points)
18Harrison Township (Morgan County)9.0% (±8.9 points)
19Adams 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)

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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

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.

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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