What is the rental vacancy rate in Pipe Creek Township (Madison County), IN?
The rental vacancy rate in Pipe Creek Township (Madison County), IN is 6.5% (±6.0 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 0.0% (±1.0 points).
570 (±184) homes, 10.3% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Pipe Creek Township (Madison County), the rental vacancy rate went from 4.7% in 2015–2019 to 6.5% in 2020–2024 (+1.8 percentage points), not a measurable change.
Figures last updated on .
- Rental vacancy rate
- 6.5% (±6.0 points)
- Homeowner vacancy rate
- 0.0% (±1.0 points)
- Vacant homes
- 570 (±184)
Vacancy in Pipe Creek Township (Madison County) against Madison County, its state and the nation
| Pipe Creek Township (Madison County) | Madison County | Indiana | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 6.5% (±6.0 points) | 5.7% (±1.6 points) | 5.6% (±0.3 points) | 5.5% |
| Homeowner vacancy rate | 0.0% (±1.0 points) | 0.8% (±0.4 points) | 0.8% (±0.1 points) | 0.9% |
| Vacant housing units | 570 (±184) | 5,872 (±583) | 260,559 (±6,417) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Pipe Creek Township (Madison County), the rental vacancy rate is not measurably different from Madison County (5.7%).
It is not measurably different from Indiana (5.6%).
It is not measurably different from the national figure (5.5%).
Rental vacancy rate in places near Pipe Creek Township (Madison County)
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Pipe Creek Township (Madison County) | — | 6.5% (±6.0 points) | — |
| Frankton | 2.1 mi | 0.0% (±28.4 points) | Not measurably different |
| Elwood | 2.9 mi | 7.3% (±6.6 points) | Not measurably different |
| Orestes | 4.4 mi | 0.0% (±49.7 points) | Not measurably different |
| Lafayette Township (Madison County) | 5.9 mi | 6.6% (±10.7 points) | Not measurably different |
| Madison Township (Tipton County) | 6.4 mi | 0.0% (±58.2 points) | Not measurably different |
| Duck Creek Township | 6.5 mi | 0.0% (±82.3 points) | Not measurably different |
| Alexandria | 6.8 mi | 0.0% (±4.2 points) | Not measurably different |
| Jackson Township (Madison County) | 7.1 mi | 0.0% (±61.3 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Madison County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 4 (tie) | Elwood | 7.3% (±6.6 points) |
| 4 (tie) | Ingalls | 7.3% (±9.9 points) |
| 6 | Anderson Township (Madison County) | 6.8% (±2.0 points) |
| 7 (tie) | Anderson | 6.7% (±2.0 points) |
| 7 (tie) | Fall Creek Township (Madison County) | 6.7% (±7.7 points) |
| 9 | Lafayette Township (Madison County) | 6.6% (±10.7 points) |
| 10 | Pipe Creek Township (Madison County) | 6.5% (±6.0 points) |
| 11 | Green Township (Madison County) | 4.2% (±5.5 points) |
| 12 (tie) | Alexandria | 0.0% (±4.2 points) |
| 12 (tie) | Chesterfield | 0.0% (±11.7 points) |
| 12 (tie) | Edgewood | 0.0% (±41.5 points) |
| 12 (tie) | Frankton | 0.0% (±28.4 points) |
| 12 (tie) | Lapel | 0.0% (±11.3 points) |
Showing 13 of 26 places in Madison 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.
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Questions about Pipe Creek Township (Madison County)
Is it hard to find a rental in Pipe Creek Township (Madison County)?
The rental vacancy rate in Pipe Creek Township (Madison County), IN is 6.5% (±6.0 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Pipe Creek Township (Madison County) tighter than it was?
In Pipe Creek Township (Madison County), the rental vacancy rate went from 4.7% in 2015–2019 to 6.5% in 2020–2024 (+1.8 percentage points), not a measurable change.
How many homes are vacant in Pipe Creek Township (Madison County)?
An estimated 570 (±184) housing units, 10.3% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Pipe Creek township, Madison County, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Pipe Creek township, Madison County, Indiana
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) for Pipe Creek township, Madison County, Indiana (county subdivision:60156, in state:18 county:095).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
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 Pipe Creek Township (Madison County) at a glance
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- Home values in Pipe Creek Township (Madison County)
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- Crowding and facilities in Pipe Creek Township (Madison County)
- Indiana landlord and tenant rules
- Housing across Madison County
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- Housing data for every place in Indiana