How many renters in Acme Township, MI pay more than 30% of their income on rent?
75.1% (±28.7 points) of renting households in Acme Township, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
75.1% spend 35% or more.
The median renting household spends 45.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 75.1% (±28.7 points)
- Paying 35% or more
- 75.1% (±23.7 points)
- Median share of income
- 45.0% (±3.7 points)
Rent as a share of income in Acme Township
| Share of income spent on rent | Acme Township | Grand Traverse County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 16.0% (±20.6 points) | 12.4% | 13.5% | 12.6% |
| 15% to 19.9% | 0.0% (±16.2 points) | 12.0% | 12.2% | 12.2% |
| 20% to 24.9% | 0.0% (±16.2 points) | 11.6% | 12.4% | 12.6% |
| 25% to 29.9% | 8.9% (±13.5 points) | 13.7% | 11.5% | 11.5% |
| 30% to 34.9% | 0.0% (±16.2 points) | 12.1% | 9.0% | 9.2% |
| 35% or more | 75.1% (±23.7 points) | 38.2% | 41.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Acme Township against Grand Traverse County, its state and the nation
| Acme Township | Grand Traverse County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 75.1% (±28.7 points) | 50.3% (±5.4 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 75.1% (±23.7 points) | 38.2% (±4.8 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 45.0% (±3.7 points) | 30.1% (±1.7 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $53,750 (±$52,574) | $50,435 (±$4,048) | $42,352 (±$376) | $52,966 |
| Median gross rent | $1,490 (±$263) | $1,288 (±$65) | $1,129 (±$4) | $1,413 |
In Acme Township, the share of renters paying 30% or more of income is not measurably different from Grand Traverse County (50.3%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Grand Traverse County, Acme Township ranks 2 of 14 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 130 of 1,485.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Acme Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Acme Township | — | 75.1% (±28.7 points) | — |
| Whitewater Township | 4.0 mi | 100.0% (±74.0 points) | Not measurably different |
| East Bay Township | 7.1 mi | 47.6% (±19.0 points) | Not measurably different |
| Traverse City | 7.4 mi | 49.7% (±10.5 points) | Not measurably different |
| Peninsula Township | 7.4 mi | 39.1% (±34.9 points) | Not measurably different |
| Elk Rapids Township | 7.8 mi | 20.8% (±12.5 points) | Lower |
| Elk Rapids | 7.9 mi | 31.5% (±18.9 points) | Lower |
| Rapid City | 9.0 mi | 43.8% (±53.6 points) | Not measurably different |
| Clearwater Township | 9.5 mi | 44.3% (±49.1 points) | Not measurably different |
Nearby places with a measurably lower figure: Elk Rapids Township, MI (20.8%), Elk Rapids, MI (31.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Grand Traverse County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Whitewater Township | 100.0% (±74.0 points) |
| 2 | Acme Township | 75.1% (±28.7 points) |
| 3 | Garfield Charter Township | 57.5% (±8.8 points) |
| 4 | Grant Township (Grand Traverse County) | 56.5% (±43.6 points) |
| 5 | Long Lake Township | 51.5% (±20.7 points) |
| 6 | Fife Lake Township | 50.0% (±29.3 points) |
| 7 | Traverse City | 49.7% (±10.5 points) |
| 8 | East Bay Township | 47.6% (±19.0 points) |
Showing 8 of 14 places in Grand Traverse County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Acme Township
Are renters in Acme Township rent-burdened?
75.1% of renting households in Acme Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Acme Township spend on rent?
The median renting household in Acme Township, MI spends 45.0% (±3.7 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Acme township, Grand Traverse County, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Acme township, Grand Traverse County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Acme township, Grand Traverse County, Michigan
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 Acme township, Grand Traverse County, Michigan (county subdivision:00200, in state:26 county:055).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Acme Township at a glance
- Median rent in Acme Township
- Renters and owners in Acme Township
- Income and affordability in Acme Township
- Home values in Acme Township
- Homeowner costs in Acme Township
- Property taxes in Acme Township
- Types of homes in Acme Township
- Bedrooms in Acme Township
- Age of homes in Acme Township
- Heating fuel in Acme Township
- Commute and cars in Acme Township
- Population growth in Acme Township
- How long people stay in Acme Township
- Michigan landlord and tenant rules
- Housing across Grand Traverse County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan