What percentage of people rent in Pike Township (Marion County), IN?
44.1% (±2.3 points) of the occupied homes in Pike Township (Marion County), IN are rented (2020–2024 American Community Survey).
That is 15,141 renting households against 19,217 that own their home.
In Pike Township (Marion County), the share of households that rent went from 47.7% in 2015–2019 to 44.1% in 2020–2024 (−3.6 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 44.1% (±2.3 points)
- Renting households
- 15,141 (±842)
- Median renter income
- $56,521 (±$4,550)
Who rents and who owns in Pike Township (Marion County)
| Pike Township (Marion County) | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 44.1% (±2.3 points) | 43.5% (±0.7 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 15,141 (±842) | 173,991 (±3,120) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 19,217 (±991) | 226,441 (±2,971) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.1 (±0.1) | 2.2 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $56,521 (±$4,550) | $45,770 (±$1,355) | $42,811 (±$480) | $52,966 |
| Median owner household income | $87,770 (±$5,304) | $88,581 (±$1,414) | $87,459 (±$395) | $100,009 |
In Pike Township (Marion County), the renter share is not measurably different from Marion County (43.5%).
It is also higher than in Indiana (29.4%).
It is higher than the national figure (34.8%).
In Marion County, Pike Township (Marion County) ranks 5 of 25 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 64 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Pike Township (Marion County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 47.7% (±1.5 points) | 44.1% (±2.3 points) | −3.6 percentage points | Measurable decrease |
| Median gross rent | $906 (±$24) | $1,131 (±$37) | +24.8% | No measurable change after inflation |
| Median household income | $53,390 (±$1,630) | $69,398 (±$2,652) | +30.0% | Up 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 Pike Township (Marion County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Pike Township (Marion County) | — | 44.1% (±2.3 points) | — |
| Wynnedale | 4.6 mi | 1.0% (±2.5 points) | Lower |
| Spring Hill | 4.8 mi | 2.2% (±6.1 points) | Lower |
| Clermont | 5.0 mi | 14.2% (±7.3 points) | Lower |
| Rocky Ripple | 5.3 mi | 18.0% (±7.4 points) | Lower |
| Crows Nest | 5.3 mi | 23.5% (±21.0 points) | Not measurably different |
| North Crows Nest | 5.5 mi | 10.3% (±13.6 points) | Lower |
| Brown Township (Hendricks County) | 5.7 mi | 7.7% (±2.6 points) | Lower |
| Speedway | 5.8 mi | 54.8% (±4.8 points) | Higher |
Nearby places with a measurably lower figure: Wynnedale, IN (1.0%), Spring Hill, IN (2.2%), Clermont, IN (14.2%).
Nearby places with a measurably higher figure: Speedway, IN (54.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Marion County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Warren Park | 62.0% (±8.2 points) |
| 2 | Speedway | 54.8% (±4.8 points) |
| 3 | Center Township (Marion County) | 54.2% (±1.5 points) |
| 4 | Wayne Township (Marion County) | 48.9% (±1.8 points) |
| 5 | Pike Township (Marion County) | 44.1% (±2.3 points) |
| 6 | Indianapolis | 44.0% (±0.7 points) |
| 7 | Beech Grove | 43.8% (±6.1 points) |
| 8 | Washington Township (Marion County) | 43.2% (±1.6 points) |
| 9 | Warren Township (Marion County) | 40.0% (±2.3 points) |
| 10 | Perry Township (Marion County) | 39.8% (±2.1 points) |
| 11 | Lawrence Township | 39.7% (±2.3 points) |
Showing 11 of 25 places in Marion 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 Pike Township (Marion County)
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Questions about Pike Township (Marion County)
How many renters are there in Pike Township (Marion County)?
Pike Township (Marion County) has an estimated 15,141 (±842) renting households, 44.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Pike Township (Marion County)?
In Pike Township (Marion County), the share of households that rent went from 47.7% in 2015–2019 to 44.1% in 2020–2024 (−3.6 percentage points), a measurable decrease.
How big are renting households in Pike Township (Marion County)?
A renting household in Pike Township (Marion County) has 2.1 people on average, against 2.6 in an owned home.
How much do renters earn in Pike Township (Marion County)?
The median renting household in Pike Township (Marion County), IN has an income of $56,521 (±$4,550) a year, against $87,770 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Pike township, Marion County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Pike township, Marion County, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Pike township, Marion 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 Pike township, Marion County, Indiana (county subdivision:59742, in state:18 county:097).
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 Pike Township (Marion County) at a glance
- Median rent in Pike Township (Marion County)
- Rent by bedrooms in Pike Township (Marion County)
- Rent burden in Pike Township (Marion County)
- Income and affordability in Pike Township (Marion County)
- Home values in Pike Township (Marion County)
- Homeowner costs in Pike Township (Marion County)
- Property taxes in Pike Township (Marion County)
- Types of homes in Pike Township (Marion County)
- Bedrooms in Pike Township (Marion County)
- Age of homes in Pike Township (Marion County)
- Vacancy rate in Pike Township (Marion County)
- Heating fuel in Pike Township (Marion County)
- Commute and cars in Pike Township (Marion County)
- Population growth in Pike Township (Marion County)
- How long people stay in Pike Township (Marion County)
- Crowding and facilities in Pike Township (Marion County)
- Fair Market Rent in Pike Township (Marion County)
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana