What percentage of people rent in Addison Township, MI?

4.0% (±1.9 points) of the occupied homes in Addison Township, MI are rented (2020–2024 American Community Survey).

That is 84 renting households against 2,028 that own their home.

In Addison Township, the share of households that rent went from 8.6% in 2015–2019 to 4.0% in 2020–2024 (−4.6 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
4.0% (±1.9 points)
Renting households
84 (±39)

Who rents and who owns in Addison Township

Tenure, estimate (90% margin of error)
Addison TownshipOakland CountyMichiganUnited States
Renter-occupied share4.0% (±1.9 points)27.3% (±0.4 points)26.8% (±0.2 points)34.8%
Renting households84 (±39)144,960 (±2,325)1,092,179 (±7,674)45,017,354
Owning households2,028 (±151)385,500 (±2,513)2,984,190 (±12,886)84,210,142
Average renter household size3.4 (±0.9)1.9 (±0.0)2.1 (±0.0)2.3
Average owner household size2.9 (±0.2)2.6 (±0.0)2.5 (±0.0)2.6
Median renter household income—$59,047 (±$1,564)$42,352 (±$376)$52,966
Median owner household income$111,182 (±$17,996)$118,600 (±$1,461)$87,130 (±$344)$100,009

In Addison Township, the renter share is lower than in Oakland County (27.3%).

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

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

In Oakland County, Addison Township ranks 45 of 50 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1366 of 1,520.

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

How renting in Addison Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent8.6% (±3.5 points)4.0% (±1.9 points)−4.6 percentage pointsMeasurable decrease
Median gross rent$917 (±$243)$1,102 (±$49)+20.2%No measurable change after inflation
Median household income$91,121 (±$9,427)$110,574 (±$15,015)+21.3%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 Addison Township

Nearest places with a published estimate, compared with Addison Township
PlaceDistanceHouseholds that rentCompared with this place
Addison Township—4.0% (±1.9 points)—
Oxford4.9 mi27.8% (±9.3 points)Higher
Lake Orion6.0 mi27.4% (±8.4 points)Higher
Bruce Township (Macomb County)6.3 mi7.1% (±3.0 points)Not measurably different
Dryden Township6.3 mi8.1% (±3.8 points)Not measurably different
Oakland Charter Township6.5 mi5.8% (±1.7 points)Not measurably different
Oxford Charter Township6.6 mi13.4% (±2.8 points)Higher
Dryden7.1 mi27.8% (±9.5 points)Higher
Almont7.9 mi10.6% (±4.2 points)Higher

Nearby places with a measurably higher figure: Oxford, MI (27.8%), Lake Orion, MI (27.4%), Oxford Charter Township, MI (13.4%).

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

Households that rent across Oakland County, place by place

RankPlaceHouseholds that rent
39Highland Charter Township10.1% (±3.2 points)
40Lathrup Village7.9% (±5.2 points)
41Brandon Charter Township6.1% (±2.5 points)
42Oakland Charter Township5.8% (±1.7 points)
43 (tie)Pleasant Ridge4.4% (±2.7 points)
43 (tie)Southfield Township4.4% (±1.5 points)
45Addison Township4.0% (±1.9 points)
46Huntington Woods3.9% (±2.9 points)
47Rose Township (Oakland County)3.4% (±2.3 points)
48Orchard Lake Village3.0% (±2.3 points)
49Novi Township1.2% (±2.9 points)
50Lake Angelus0.0% (±21.7 points)

Showing 12 of 50 places in Oakland County, ranked from highest to lowest.

The figures for Addison Township include the places inside it that have pages of their own: Leonard.

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 Addison Township

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Questions about Addison Township

How many renters are there in Addison Township?

Addison Township has an estimated 84 (±39) renting households, 4.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Addison Township?

In Addison Township, the share of households that rent went from 8.6% in 2015–2019 to 4.0% in 2020–2024 (−4.6 percentage points), a measurable decrease.

How big are renting households in Addison Township?

A renting household in Addison Township has 3.4 people on average, against 2.9 in an owned 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 Addison township, Oakland County, Michigan (county subdivision:00400, in state:26 county:125).

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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