What percentage of people rent in Vernon Township (Hancock County), IN?

18.3% (±4.9 points) of the occupied homes in Vernon Township (Hancock County), IN are rented (2020–2024 American Community Survey).

That is 1,217 renting households against 5,444 that own their home.

In Vernon Township (Hancock County), the share of households that rent went from 15.6% in 2015–2019 to 18.3% in 2020–2024 (+2.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
18.3% (±4.9 points)
Renting households
1,217 (±337)
Median renter income
$72,973 (±$9,954)

Who rents and who owns in Vernon Township (Hancock County)

Tenure, estimate (90% margin of error)
Vernon Township (Hancock County)Hancock CountyIndianaUnited States
Renter-occupied share18.3% (±4.9 points)20.5% (±1.9 points)29.4% (±0.3 points)34.8%
Renting households1,217 (±337)6,855 (±622)799,766 (±7,038)45,017,354
Owning households5,444 (±415)26,619 (±661)1,916,243 (±9,865)84,210,142
Average renter household size2.1 (±0.3)2.0 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±0.2)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$72,973 (±$9,954)$59,430 (±$10,442)$42,811 (±$480)$52,966
Median owner household income$114,183 (±$9,960)$108,966 (±$3,934)$87,459 (±$395)$100,009

In Vernon Township (Hancock County), the renter share is not measurably different from Hancock County (20.5%).

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

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

In Hancock County, Vernon Township (Hancock County) ranks 5 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 797 of 1,600.

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

How renting in Vernon Township (Hancock County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent15.6% (±4.7 points)18.3% (±4.9 points)+2.7 percentage pointsNot a measurable change
Median gross rent$996 (±$119)$1,242 (±$294)+24.7%No measurable change after inflation
Median household income$84,474 (±$10,366)$108,370 (±$3,026)+28.3%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 Vernon Township (Hancock County)

Nearest places with a published estimate, compared with Vernon Township (Hancock County)
PlaceDistanceHouseholds that rentCompared with this place
Vernon Township (Hancock County)—18.3% (±4.9 points)—
Fortville1.8 mi28.9% (±9.4 points)Not measurably different
McCordsville2.5 mi15.3% (±6.4 points)Not measurably different
Fall Creek Township (Hamilton County)4.9 mi16.3% (±2.8 points)Not measurably different
Ingalls5.0 mi24.0% (±9.9 points)Not measurably different
Buck Creek Township5.8 mi15.5% (±4.4 points)Not measurably different
Green Township (Madison County)6.1 mi13.3% (±5.0 points)Not measurably different
Fishers6.4 mi23.8% (±2.3 points)Higher
Green Township (Hancock County)6.7 mi2.5% (±2.8 points)Lower

Nearby places with a measurably lower figure: Green Township (Hancock County), IN (2.5%).

Nearby places with a measurably higher figure: Fishers, IN (23.8%).

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

Households that rent across Hancock County, place by place

RankPlaceHouseholds that rent
1Greenfield35.1% (±4.1 points)
2Center Township (Hancock County)31.3% (±3.5 points)
3Fortville28.9% (±9.4 points)
4New Palestine19.7% (±6.6 points)
5Vernon Township (Hancock County)18.3% (±4.9 points)
6Shirley16.5% (±6.3 points)
7Buck Creek Township15.5% (±4.4 points)
8McCordsville15.3% (±6.4 points)
9Sugar Creek Township (Hancock County)15.0% (±2.9 points)
10Wilkinson11.0% (±11.4 points)
11Brown Township (Hancock County)5.4% (±3.6 points)

Showing 11 of 16 places in Hancock 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 Vernon Township (Hancock County)

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Questions about Vernon Township (Hancock County)

How many renters are there in Vernon Township (Hancock County)?

Vernon Township (Hancock County) has an estimated 1,217 (±337) renting households, 18.3% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Vernon Township (Hancock County)?

In Vernon Township (Hancock County), the share of households that rent went from 15.6% in 2015–2019 to 18.3% in 2020–2024 (+2.7 percentage points), not a measurable change.

How big are renting households in Vernon Township (Hancock County)?

A renting household in Vernon Township (Hancock County) has 2.1 people on average, against 2.7 in an owned home.

How much do renters earn in Vernon Township (Hancock County)?

The median renting household in Vernon Township (Hancock County), IN has an income of $72,973 (±$9,954) a year, against $114,183 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 Vernon township, Hancock County, Indiana (county subdivision:78866, in state:18 county:059).

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.

Figures last updated on .

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