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)
| Monroe Township (Carroll County) | Carroll County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.3% (±5.9 points) | 17.8% (±2.9 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 303 (±79) | 1,440 (±238) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 894 (±94) | 6,645 (±280) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 2.4 (±0.3) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.3% (±7.0 points) | 25.3% (±5.9 points) | −5.0 percentage points | Not 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)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Monroe Township (Carroll County) | — | 25.3% (±5.9 points) | — |
| Flora | 0.9 mi | 30.8% (±6.9 points) | Not measurably different |
| Jackson Township (Carroll County) | 4.3 mi | 12.7% (±6.8 points) | Lower |
| Democrat Township | 4.5 mi | 0.0% (±12.2 points) | Lower |
| Camden | 5.4 mi | 20.7% (±10.1 points) | Not measurably different |
| Carrollton Township | 5.9 mi | 11.6% (±12.1 points) | Lower |
| Deer Creek Township (Carroll County) | 6.2 mi | 27.4% (±8.9 points) | Not measurably different |
| Madison Township (Carroll County) | 6.2 mi | 41.0% (±30.0 points) | Not measurably different |
| Burlington Township | 6.7 mi | 10.8% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Madison Township (Carroll County) | 41.0% (±30.0 points) |
| 2 | Delphi | 33.9% (±10.0 points) |
| 3 | Flora | 30.8% (±6.9 points) |
| 4 | Deer Creek Township (Carroll County) | 27.4% (±8.9 points) |
| 5 | Monroe Township (Carroll County) | 25.3% (±5.9 points) |
| 6 | Yeoman | 22.7% (±19.7 points) |
| 7 | Burlington | 22.6% (±9.7 points) |
| 8 | Camden | 20.7% (±10.1 points) |
| 9 | Washington Township (Carroll County) | 18.8% (±13.2 points) |
| 10 | Tippecanoe Township (Carroll County) | 17.5% (±9.1 points) |
| 11 | Rock 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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe township, Carroll County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monroe township, Carroll County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monroe township, Carroll County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monroe township, Carroll County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monroe township, Carroll 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 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.
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 Monroe Township (Carroll County) at a glance
- Median rent in Monroe Township (Carroll County)
- Rent by bedrooms in Monroe Township (Carroll County)
- Income and affordability in Monroe Township (Carroll County)
- Home values in Monroe Township (Carroll County)
- Homeowner costs in Monroe Township (Carroll County)
- Property taxes in Monroe Township (Carroll County)
- Types of homes in Monroe Township (Carroll County)
- Bedrooms in Monroe Township (Carroll County)
- Age of homes in Monroe Township (Carroll County)
- Heating fuel in Monroe Township (Carroll County)
- Commute and cars in Monroe Township (Carroll County)
- Population growth in Monroe Township (Carroll County)
- How long people stay in Monroe Township (Carroll County)
- Indiana landlord and tenant rules
- Housing across Carroll County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana