What percentage of people rent in Rocky Ripple, IN?
18.0% (±7.4 points) of the occupied homes in Rocky Ripple, IN are rented (2020–2024 American Community Survey).
That is 55 renting households against 250 that own their home.
In Rocky Ripple, the share of households that rent went from 29.3% in 2015–2019 to 18.0% in 2020–2024 (−11.3 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 18.0% (±7.4 points)
- Renting households
- 55 (±23)
- Median renter income
- $65,313 (±$56,552)
Who rents and who owns in Rocky Ripple
| Rocky Ripple | Marion County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 18.0% (±7.4 points) | 43.5% (±0.7 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 55 (±23) | 173,991 (±3,120) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 250 (±55) | 226,441 (±2,971) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.1 (±0.5) | 2.2 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.1 (±0.3) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $65,313 (±$56,552) | $45,770 (±$1,355) | $42,811 (±$480) | $52,966 |
| Median owner household income | $75,000 (±$19,149) | $88,581 (±$1,414) | $87,459 (±$395) | $100,009 |
In Rocky Ripple, the renter share is lower than in Marion County (43.5%).
It is also lower than in Indiana (29.4%).
It is lower than the national figure (34.8%).
In Marion County, Rocky Ripple ranks 17 of 25 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 810 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Rocky Ripple has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 29.3% (±7.5 points) | 18.0% (±7.4 points) | −11.3 percentage points | Measurable decrease |
| Median gross rent | $1,071 (±$81) | $1,463 (±$215) | +36.6% | No measurable change after inflation |
| Median household income | $55,625 (±$13,354) | $72,813 (±$16,083) | +30.9% | 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 Rocky Ripple
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Rocky Ripple | — | 18.0% (±7.4 points) | — |
| Crows Nest | 0.6 mi | 23.5% (±21.0 points) | Not measurably different |
| North Crows Nest | 1.3 mi | 10.3% (±13.6 points) | Not measurably different |
| Spring Hill | 1.4 mi | 2.2% (±6.1 points) | Lower |
| Wynnedale | 1.8 mi | 1.0% (±2.5 points) | Lower |
| Washington Township (Marion County) | 2.5 mi | 43.2% (±1.6 points) | Higher |
| Meridian Hills | 2.8 mi | 2.8% (±2.5 points) | Lower |
| Williams Creek | 3.8 mi | 8.5% (±7.6 points) | Not measurably different |
| Indianapolis | 5.2 mi | 44.0% (±0.7 points) | Higher |
Nearby places with a measurably lower figure: Spring Hill, IN (2.2%), Wynnedale, IN (1.0%), Meridian Hills, IN (2.8%).
Nearby places with a measurably higher figure: Washington Township (Marion County), IN (43.2%), Indianapolis, IN (44.0%).
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 |
|---|---|---|
| 11 | Lawrence Township | 39.7% (±2.3 points) |
| 12 | Decatur Township | 38.4% (±4.3 points) |
| 13 | Lawrence | 33.9% (±3.5 points) |
| 14 | Cumberland | 28.7% (±7.6 points) |
| 15 | Franklin Township (Marion County) | 23.9% (±2.7 points) |
| 16 | Crows Nest | 23.5% (±21.0 points) |
| 17 | Rocky Ripple | 18.0% (±7.4 points) |
| 18 | Southport | 17.2% (±5.8 points) |
| 19 | Clermont | 14.2% (±7.3 points) |
| 20 | North Crows Nest | 10.3% (±13.6 points) |
| 21 | Williams Creek | 8.5% (±7.6 points) |
| 22 | Homecroft | 3.0% (±2.9 points) |
| 23 | Meridian Hills | 2.8% (±2.5 points) |
Showing 13 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.
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Questions about Rocky Ripple
How many renters are there in Rocky Ripple?
Rocky Ripple has an estimated 55 (±23) renting households, 18.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Rocky Ripple?
In Rocky Ripple, the share of households that rent went from 29.3% in 2015–2019 to 18.0% in 2020–2024 (−11.3 percentage points), a measurable decrease.
How big are renting households in Rocky Ripple?
A renting household in Rocky Ripple has 2.1 people on average, against 2.1 in an owned home.
How much do renters earn in Rocky Ripple?
The median renting household in Rocky Ripple, IN has an income of $65,313 (±$56,552) a year, against $75,000 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rocky Ripple town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rocky Ripple town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rocky Ripple town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rocky Ripple town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rocky Ripple 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 Rocky Ripple town, Indiana (place:65556, 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 Rocky Ripple at a glance
- Income and affordability in Rocky Ripple
- Home values in Rocky Ripple
- Homeowner costs in Rocky Ripple
- Property taxes in Rocky Ripple
- Types of homes in Rocky Ripple
- Bedrooms in Rocky Ripple
- Age of homes in Rocky Ripple
- Heating fuel in Rocky Ripple
- Commute and cars in Rocky Ripple
- Indiana landlord and tenant rules
- Housing across Marion County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana