What percentage of people rent in Acme Township, MI?

Name: Renters and owners in Acme Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

12.4% (±5.5 points) of the occupied homes in Acme Township, MI are rented (2020–2024 American Community Survey).

That is 219 renting households against 1,548 that own their home.

In Acme Township, the share of households that rent went from 22.1% in 2015–2019 to 12.4% in 2020–2024 (−9.7 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 12.4% (±5.5 points)
Renting households: 219 (±102)
Median renter income: $53,750 (±$52,574)

Who rents and who owns in Acme Township

Tenure, estimate (90% margin of error)
	Acme Township	Grand Traverse County	Michigan	United States
Renter-occupied share	12.4% (±5.5 points)	22.8% (±1.6 points)	26.8% (±0.2 points)	34.8%
Renting households	219 (±102)	9,197 (±691)	1,092,179 (±7,674)	45,017,354
Owning households	1,548 (±146)	31,090 (±768)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.8 (±0.4)	2.0 (±0.1)	2.1 (±0.0)	2.3
Average owner household size	2.6 (±0.2)	2.4 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$53,750 (±$52,574)	$50,435 (±$4,048)	$42,352 (±$376)	$52,966
Median owner household income	$114,091 (±$9,746)	$92,691 (±$3,357)	$87,130 (±$344)	$100,009

In Acme Township, the renter share is lower than in Grand Traverse County (22.8%).

It is also lower than in Michigan (26.8%).

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

In Grand Traverse County, Acme Township ranks 5 of 14 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 710 of 1,520.

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

How renting in Acme Township 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	22.1% (±5.9 points)	12.4% (±5.5 points)	−9.7 percentage points	Measurable decrease
Median gross rent	$1,093 (±$133)	$1,490 (±$263)	+36.3%	No measurable change after inflation
Median household income	$80,634 (±$11,617)	$110,281 (±$12,481)	+36.8%	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 Acme Township

Nearest places with a published estimate, compared with Acme Township
Place	Distance	Households that rent	Compared with this place
Acme Township	—	12.4% (±5.5 points)	—
Whitewater Township	4.0 mi	3.9% (±3.0 points)	Lower
East Bay Township	7.1 mi	10.4% (±3.2 points)	Not measurably different
Traverse City	7.4 mi	36.3% (±5.0 points)	Higher
Peninsula Township	7.4 mi	9.8% (±6.3 points)	Not measurably different
Elk Rapids Township	7.8 mi	24.3% (±8.1 points)	Higher
Elk Rapids	7.9 mi	24.8% (±9.1 points)	Higher
Rapid City	9.0 mi	15.2% (±10.6 points)	Not measurably different
Clearwater Township	9.5 mi	10.4% (±6.2 points)	Not measurably different

Nearby places with a measurably lower figure: Whitewater Township, MI (3.9%).

Nearby places with a measurably higher figure: Traverse City, MI (36.3%), Elk Rapids Township, MI (24.3%), Elk Rapids, MI (24.8%).

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

Households that rent across Grand Traverse County, place by place

Rank	Place	Households that rent
1	Garfield Charter Township	43.8% (±4.3 points)
2	Traverse City	36.3% (±5.0 points)
3	Paradise Township	19.8% (±6.5 points)
4	Mayfield Township (Grand Traverse County)	16.0% (±7.1 points)
5	Acme Township	12.4% (±5.5 points)
6	Blair Township	11.7% (±5.1 points)
7	Green Lake Township	11.5% (±6.9 points)
8	Long Lake Township	11.1% (±3.6 points)
9	East Bay Township	10.4% (±3.2 points)
10	Peninsula Township	9.8% (±6.3 points)
11	Fife Lake Township	9.1% (±4.1 points)

Showing 11 of 14 places in Grand Traverse 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 Acme Township

How many renters are there in Acme Township?

Acme Township has an estimated 219 (±102) renting households, 12.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Acme Township?

In Acme Township, the share of households that rent went from 22.1% in 2015–2019 to 12.4% in 2020–2024 (−9.7 percentage points), a measurable decrease.

How big are renting households in Acme Township?

A renting household in Acme Township has 1.8 people on average, against 2.6 in an owned home.

How much do renters earn in Acme Township?

The median renting household in Acme Township, MI has an income of $53,750 (±$52,574) a year, against $114,091 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 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 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.