What percentage of people rent in Ray Township (Franklin County), IN?

Name: Renters and owners in Ray Township (Franklin County), IN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

13.9% (±4.6 points) of the occupied homes in Ray Township (Franklin County), IN are rented (2020–2024 American Community Survey).

That is 210 renting households against 1,297 that own their home.

In Ray Township (Franklin County), the share of households that rent went from 12.5% in 2015–2019 to 13.9% in 2020–2024 (+1.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 13.9% (±4.6 points)
Renting households: 210 (±70)
Median renter income: $32,955 (±$26,726)

Who rents and who owns in Ray Township (Franklin County)

Tenure, estimate (90% margin of error)
	Ray Township (Franklin County)	Franklin County	Indiana	United States
Renter-occupied share	13.9% (±4.6 points)	18.5% (±3.2 points)	29.4% (±0.3 points)	34.8%
Renting households	210 (±70)	1,702 (±304)	799,766 (±7,038)	45,017,354
Owning households	1,297 (±128)	7,509 (±328)	1,916,243 (±9,865)	84,210,142
Average renter household size	2.2 (±0.5)	1.9 (±0.2)	2.2 (±0.0)	2.3
Average owner household size	2.9 (±0.3)	2.6 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$32,955 (±$26,726)	$47,747 (±$9,783)	$42,811 (±$480)	$52,966
Median owner household income	$101,442 (±$20,503)	$88,692 (±$6,890)	$87,459 (±$395)	$100,009

In Ray Township (Franklin County), the renter share is not measurably different from Franklin County (18.5%).

It is also lower than in Indiana (29.4%).

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

In Franklin County, Ray Township (Franklin County) ranks 11 of 18 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1011 of 1,600.

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

How renting in Ray Township (Franklin County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	12.5% (±4.2 points)	13.9% (±4.6 points)	+1.4 percentage points	Not a measurable change
Median gross rent	$780 (±$44)	$962 (±$107)	+23.3%	No measurable change after inflation
Median household income	$72,398 (±$5,168)	$90,481 (±$18,301)	+25.0%	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 Ray Township (Franklin County)

Nearest places with a published estimate, compared with Ray Township (Franklin County)
Place	Distance	Households that rent	Compared with this place
Ray Township (Franklin County)	—	13.9% (±4.6 points)	—
Oldenburg	1.2 mi	29.2% (±11.3 points)	Higher
Batesville	2.3 mi	32.9% (±5.6 points)	Higher
Butler Township (Franklin County)	5.0 mi	10.9% (±10.4 points)	Not measurably different
Salt Creek Township (Franklin County)	5.3 mi	18.2% (±12.8 points)	Not measurably different
Laughery Township	5.6 mi	30.6% (±6.6 points)	Higher
New Point	5.7 mi	30.5% (±14.1 points)	Higher
Adams Township (Ripley County)	6.3 mi	23.8% (±7.4 points)	Higher
Saltcreek Township	6.4 mi	8.6% (±6.0 points)	Not measurably different

Nearby places with a measurably higher figure: Oldenburg, IN (29.2%), Batesville, IN (32.9%), Laughery Township, IN (30.6%).

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

Households that rent across Franklin County, place by place

Rank	Place	Households that rent
5	Laurel	31.3% (±15.2 points)
6	Oldenburg	29.2% (±11.3 points)
7	Laurel Township	26.2% (±10.1 points)
8	Cedar Grove	20.7% (±13.9 points)
9	Posey Township (Franklin County)	18.7% (±13.4 points)
10	Salt Creek Township (Franklin County)	18.2% (±12.8 points)
11	Ray Township (Franklin County)	13.9% (±4.6 points)
12	Butler Township (Franklin County)	10.9% (±10.4 points)
13	Highland Township (Franklin County)	4.9% (±4.3 points)
14	Whitewater Township	3.5% (±4.0 points)
15 (tie)	Bath Township	0.0% (±34.2 points)
15 (tie)	Blooming Grove Township	0.0% (±12.4 points)
15 (tie)	Fairfield Township (Franklin County)	0.0% (±19.4 points)

Showing 13 of 18 places in Franklin 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 Ray Township (Franklin County)

How many renters are there in Ray Township (Franklin County)?

Ray Township (Franklin County) has an estimated 210 (±70) renting households, 13.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Ray Township (Franklin County)?

In Ray Township (Franklin County), the share of households that rent went from 12.5% in 2015–2019 to 13.9% in 2020–2024 (+1.4 percentage points), not a measurable change.

How big are renting households in Ray Township (Franklin County)?

A renting household in Ray Township (Franklin County) has 2.2 people on average, against 2.9 in an owned home.

How much do renters earn in Ray Township (Franklin County)?

The median renting household in Ray Township (Franklin County), IN has an income of $32,955 (±$26,726) a year, against $101,442 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 Ray township, Franklin County, Indiana (county subdivision:63126, in state:18 county:047).

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.