What percentage of people rent in Redkey, IN?
25.5% (±8.3 points) of the occupied homes in Redkey, IN are rented (2020–2024 American Community Survey).
That is 115 renting households against 336 that own their home.
In Redkey, the share of households that rent went from 30.5% in 2015–2019 to 25.5% in 2020–2024 (−5.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 25.5% (±8.3 points)
- Renting households
- 115 (±41)
- Median renter income
- $32,875 (±$13,362)
Who rents and who owns in Redkey
| Redkey | Jay County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 25.5% (±8.3 points) | 20.1% (±2.7 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 115 (±41) | 1,568 (±231) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 336 (±68) | 6,239 (±246) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.5 (±0.5) | 2.3 (±0.2) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 3.1 (±0.8) | 2.6 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $32,875 (±$13,362) | $29,167 (±$5,104) | $42,811 (±$480) | $52,966 |
| Median owner household income | $44,583 (±$17,001) | $65,009 (±$6,903) | $87,459 (±$395) | $100,009 |
In Redkey, the renter share is not measurably different from Jay County (20.1%).
It is not measurably different from Indiana (29.4%).
It is lower than the national figure (34.8%).
In Jay County, Redkey ranks 6 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 478 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Redkey has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.5% (±8.7 points) | 25.5% (±8.3 points) | −5.0 percentage points | Not a measurable change |
| Median gross rent | $583 (±$99) | $905 (±$184) | +55.2% | No measurable change after inflation |
| Median household income | $34,046 (±$5,683) | $42,986 (±$15,978) | +26.3% | 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 Redkey
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Redkey | — | 25.5% (±8.3 points) | — |
| Richland Township (Jay County) | 1.6 mi | 25.2% (±4.7 points) | Not measurably different |
| Dunkirk | 3.4 mi | 28.0% (±7.4 points) | Not measurably different |
| Jefferson Township (Jay County) | 4.2 mi | 16.1% (±13.3 points) | Not measurably different |
| Albany | 5.1 mi | 18.4% (±6.2 points) | Not measurably different |
| Green Township (Randolph County) | 5.3 mi | 19.0% (±16.2 points) | Not measurably different |
| Niles Township | 6.0 mi | 3.4% (±4.3 points) | Lower |
| Knox Township | 6.1 mi | 8.1% (±12.5 points) | Lower |
| Greene Township (Jay County) | 7.5 mi | 2.7% (±4.2 points) | Lower |
Nearby places with a measurably lower figure: Niles Township, IN (3.4%), Knox Township, IN (8.1%), Greene Township (Jay County), IN (2.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Jay County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Portland | 32.1% (±5.7 points) |
| 2 | Pennville | 31.1% (±13.4 points) |
| 3 | Salamonia | 30.6% (±20.7 points) |
| 4 | Dunkirk | 28.0% (±7.4 points) |
| 5 | Wayne Township (Jay County) | 26.8% (±4.8 points) |
| 6 | Redkey | 25.5% (±8.3 points) |
| 7 | Richland Township (Jay County) | 25.2% (±4.7 points) |
| 8 | Noble Township (Jay County) | 24.7% (±26.2 points) |
| 9 | Bryant | 19.1% (±15.5 points) |
| 10 | Penn Township (Jay County) | 18.7% (±9.1 points) |
| 11 | Jefferson Township (Jay County) | 16.1% (±13.3 points) |
| 12 | Jackson Township (Jay County) | 12.4% (±11.8 points) |
Showing 12 of 18 places in Jay 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 Redkey
How many renters are there in Redkey?
Redkey has an estimated 115 (±41) renting households, 25.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Redkey?
In Redkey, the share of households that rent went from 30.5% in 2015–2019 to 25.5% in 2020–2024 (−5.0 percentage points), not a measurable change.
How big are renting households in Redkey?
A renting household in Redkey has 2.5 people on average, against 3.1 in an owned home.
How much do renters earn in Redkey?
The median renting household in Redkey, IN has an income of $32,875 (±$13,362) a year, against $44,583 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Redkey town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Redkey town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Redkey town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Redkey town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Redkey town, 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 Redkey town, Indiana (place:63450, in state:18).
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 Redkey at a glance
- Income and affordability in Redkey
- Home values in Redkey
- Homeowner costs in Redkey
- Property taxes in Redkey
- Types of homes in Redkey
- Bedrooms in Redkey
- Age of homes in Redkey
- Heating fuel in Redkey
- Commute and cars in Redkey
- Population growth in Redkey
- How long people stay in Redkey
- Indiana landlord and tenant rules
- Housing across Jay County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana