What percentage of people rent in Michigantown, IN?
36.6% (±13.5 points) of the occupied homes in Michigantown, IN are rented (2020–2024 American Community Survey).
That is 82 renting households against 142 that own their home.
In Michigantown, the share of households that rent went from 46.5% in 2015–2019 to 36.6% in 2020–2024 (−9.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 36.6% (±13.5 points)
- Renting households
- 82 (±36)
- Median renter income
- $63,750 (±$32,165)
Who rents and who owns in Michigantown
| Michigantown | Clinton County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 36.6% (±13.5 points) | 25.8% (±2.3 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 82 (±36) | 3,225 (±305) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 142 (±52) | 9,271 (±287) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.4 (±0.5) | 2.5 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.5) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $63,750 (±$32,165) | $44,781 (±$5,459) | $42,811 (±$480) | $52,966 |
| Median owner household income | $75,682 (±$15,902) | $77,938 (±$7,883) | $87,459 (±$395) | $100,009 |
In Michigantown, the renter share is not measurably different from Clinton County (25.8%).
It is not measurably different from Indiana (29.4%).
It is not measurably different from the national figure (34.8%).
In Clinton County, Michigantown ranks 2 of 20 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 167 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Michigantown has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 46.5% (±11.1 points) | 36.6% (±13.5 points) | −9.9 percentage points | Not a measurable change |
| Median gross rent | $796 (±$88) | $844 (±$55) | +6.0% | Down after inflation |
| Median household income | $62,784 (±$16,195) | $74,375 (±$19,416) | +18.5% | 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 Michigantown
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Michigantown | — | 36.6% (±13.5 points) | — |
| Michigan Township (Clinton County) | 1.3 mi | 23.8% (±10.5 points) | Not measurably different |
| Warren Township (Clinton County) | 4.8 mi | 2.6% (±5.4 points) | Lower |
| Johnson Township (Clinton County) | 5.1 mi | 2.8% (±4.3 points) | Lower |
| Forest Township | 5.9 mi | 15.9% (±15.4 points) | Lower |
| Center Township (Clinton County) | 6.5 mi | 36.6% (±4.0 points) | Not measurably different |
| Union Township (Clinton County) | 6.9 mi | 0.0% (±8.7 points) | Lower |
| Kirklin Township | 7.5 mi | 23.2% (±11.3 points) | Not measurably different |
| Frankfort | 7.6 mi | 39.8% (±4.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Warren Township (Clinton County), IN (2.6%), Johnson Township (Clinton County), IN (2.8%), Forest Township, IN (15.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Clinton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Frankfort | 39.8% (±4.2 points) |
| 2 (tie) | Michigantown | 36.6% (±13.5 points) |
| 2 (tie) | Center Township (Clinton County) | 36.6% (±4.0 points) |
| 4 | Kirklin | 25.1% (±12.1 points) |
| 5 | Rossville | 24.3% (±8.9 points) |
| 6 | Michigan Township (Clinton County) | 23.8% (±10.5 points) |
| 7 | Kirklin Township | 23.2% (±11.3 points) |
| 8 | Colfax | 19.8% (±8.7 points) |
Showing 8 of 20 places in Clinton 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 Michigantown
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Questions about Michigantown
How many renters are there in Michigantown?
Michigantown has an estimated 82 (±36) renting households, 36.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Michigantown?
In Michigantown, the share of households that rent went from 46.5% in 2015–2019 to 36.6% in 2020–2024 (−9.9 percentage points), not a measurable change.
How big are renting households in Michigantown?
A renting household in Michigantown has 2.4 people on average, against 2.2 in an owned home.
How much do renters earn in Michigantown?
The median renting household in Michigantown, IN has an income of $63,750 (±$32,165) a year, against $75,682 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Michigantown town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Michigantown town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Michigantown town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Michigantown town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Michigantown town, 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 Michigantown town, Indiana (place:48816, in state:18).
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 Michigantown at a glance
- Income and affordability in Michigantown
- Home values in Michigantown
- Homeowner costs in Michigantown
- Property taxes in Michigantown
- Types of homes in Michigantown
- Bedrooms in Michigantown
- Age of homes in Michigantown
- Heating fuel in Michigantown
- Commute and cars in Michigantown
- Indiana landlord and tenant rules
- Housing across Clinton County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana