What percentage of people rent in Monroe Township (Carroll County), IN?

25.3% (±5.9 points) of the occupied homes in Monroe Township (Carroll County), IN are rented (2020–2024 American Community Survey).

That is 303 renting households against 894 that own their home.

In Monroe Township (Carroll County), the share of households that rent went from 30.3% in 2015–2019 to 25.3% in 2020–2024 (−5.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
25.3% (±5.9 points)
Renting households
303 (±79)
Median renter income
$45,458 (±$5,191)

Who rents and who owns in Monroe Township (Carroll County)

Tenure, estimate (90% margin of error)
Monroe Township (Carroll County)Carroll CountyIndianaUnited States
Renter-occupied share25.3% (±5.9 points)17.8% (±2.9 points)29.4% (±0.3 points)34.8%
Renting households303 (±79)1,440 (±238)799,766 (±7,038)45,017,354
Owning households894 (±94)6,645 (±280)1,916,243 (±9,865)84,210,142
Average renter household size2.0 (±0.4)2.4 (±0.3)2.2 (±0.0)2.3
Average owner household size2.6 (±0.2)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$45,458 (±$5,191)$46,015 (±$9,301)$42,811 (±$480)$52,966
Median owner household income$56,750 (±$13,421)$70,629 (±$3,733)$87,459 (±$395)$100,009

In Monroe Township (Carroll County), the renter share is higher than in Carroll County (17.8%).

It is not measurably different from Indiana (29.4%).

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

In Carroll County, Monroe Township (Carroll County) ranks 5 of 19 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 488 of 1,600.

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

How renting in Monroe Township (Carroll County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent30.3% (±7.0 points)25.3% (±5.9 points)−5.0 percentage pointsNot a measurable change
Median gross rent$624 (±$29)$791 (±$110)+26.8%No measurable change after inflation
Median household income$50,769 (±$8,019)$55,056 (±$7,354)+8.4%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 Monroe Township (Carroll County)

Nearest places with a published estimate, compared with Monroe Township (Carroll County)
PlaceDistanceHouseholds that rentCompared with this place
Monroe Township (Carroll County)—25.3% (±5.9 points)—
Flora0.9 mi30.8% (±6.9 points)Not measurably different
Jackson Township (Carroll County)4.3 mi12.7% (±6.8 points)Lower
Democrat Township4.5 mi0.0% (±12.2 points)Lower
Camden5.4 mi20.7% (±10.1 points)Not measurably different
Carrollton Township5.9 mi11.6% (±12.1 points)Lower
Deer Creek Township (Carroll County)6.2 mi27.4% (±8.9 points)Not measurably different
Madison Township (Carroll County)6.2 mi41.0% (±30.0 points)Not measurably different
Burlington Township6.7 mi10.8% (±4.9 points)Lower

Nearby places with a measurably lower figure: Jackson Township (Carroll County), IN (12.7%), Democrat Township, IN (0.0%), Carrollton Township, IN (11.6%).

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

Households that rent across Carroll County, place by place

RankPlaceHouseholds that rent
1Madison Township (Carroll County)41.0% (±30.0 points)
2Delphi33.9% (±10.0 points)
3Flora30.8% (±6.9 points)
4Deer Creek Township (Carroll County)27.4% (±8.9 points)
5Monroe Township (Carroll County)25.3% (±5.9 points)
6Yeoman22.7% (±19.7 points)
7Burlington22.6% (±9.7 points)
8Camden20.7% (±10.1 points)
9Washington Township (Carroll County)18.8% (±13.2 points)
10Tippecanoe Township (Carroll County)17.5% (±9.1 points)
11Rock Creek Township (Carroll County)14.1% (±15.0 points)

Showing 11 of 19 places in Carroll 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 Monroe Township (Carroll County)

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Questions about Monroe Township (Carroll County)

How many renters are there in Monroe Township (Carroll County)?

Monroe Township (Carroll County) has an estimated 303 (±79) renting households, 25.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Monroe Township (Carroll County)?

In Monroe Township (Carroll County), the share of households that rent went from 30.3% in 2015–2019 to 25.3% in 2020–2024 (−5.0 percentage points), not a measurable change.

How big are renting households in Monroe Township (Carroll County)?

A renting household in Monroe Township (Carroll County) has 2.0 people on average, against 2.6 in an owned home.

How much do renters earn in Monroe Township (Carroll County)?

The median renting household in Monroe Township (Carroll County), IN has an income of $45,458 (±$5,191) a year, against $56,750 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 Monroe township, Carroll County, Indiana (county subdivision:50256, in state:18 county:015).

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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