What percentage of people rent in Albion, MI?

40.0% (±4.6 points) of the occupied homes in Albion, MI are rented (2020–2024 American Community Survey).

That is 947 renting households against 1,418 that own their home.

In Albion, the share of households that rent went from 42.0% in 2015–2019 to 40.0% in 2020–2024 (−2.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
40.0% (±4.6 points)
Renting households
947 (±119)
Median renter income
$24,551 (±$3,573)

Who rents and who owns in Albion

Tenure, estimate (90% margin of error)
AlbionCalhoun CountyMichiganUnited States
Renter-occupied share40.0% (±4.6 points)27.3% (±1.3 points)26.8% (±0.2 points)34.8%
Renting households947 (±119)14,586 (±718)1,092,179 (±7,674)45,017,354
Owning households1,418 (±159)38,747 (±747)2,984,190 (±12,886)84,210,142
Average renter household size2.5 (±0.4)2.1 (±0.1)2.1 (±0.0)2.3
Average owner household size2.5 (±0.2)2.6 (±0.0)2.5 (±0.0)2.6
Median renter household income$24,551 (±$3,573)$37,537 (±$2,687)$42,352 (±$376)$52,966
Median owner household income$57,583 (±$10,904)$75,078 (±$2,485)$87,130 (±$344)$100,009

In Albion, the renter share is higher than in Calhoun County (27.3%).

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

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

In Calhoun County, Albion ranks 2 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 90 of 1,520.

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

How renting in Albion has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent42.0% (±5.2 points)40.0% (±4.6 points)−2.0 percentage pointsNot a measurable change
Median gross rent$680 (±$38)$775 (±$150)+14.0%No measurable change after inflation
Median household income$34,467 (±$3,808)$39,885 (±$3,411)+15.7%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 Albion

Nearest places with a published estimate, compared with Albion
PlaceDistanceHouseholds that rentCompared with this place
Albion—40.0% (±4.6 points)—
Sheridan Township (Calhoun County)3.6 mi13.5% (±5.7 points)Lower
Albion Township3.6 mi11.8% (±4.0 points)Lower
Parma Township5.7 mi21.4% (±9.9 points)Lower
Concord Township6.4 mi10.7% (±3.9 points)Lower
Marengo Township6.7 mi19.6% (±7.9 points)Lower
Homer7.5 mi43.2% (±7.6 points)Not measurably different
Concord7.6 mi18.3% (±7.5 points)Lower
Eckford Township7.8 mi7.6% (±3.8 points)Lower

Nearby places with a measurably lower figure: Sheridan Township (Calhoun County), MI (13.5%), Albion Township, MI (11.8%), Parma Township, MI (21.4%).

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

Households that rent across Calhoun County, place by place

RankPlaceHouseholds that rent
1Springfield47.9% (±7.1 points)
2Albion40.0% (±4.6 points)
3Battle Creek34.0% (±2.1 points)
4Marshall33.6% (±6.2 points)
5Homer Township (Calhoun County)31.9% (±6.6 points)
6Emmett Charter Township30.6% (±5.3 points)
7Pennfield Charter Township23.9% (±6.7 points)
8Marengo Township19.6% (±7.9 points)

Showing 8 of 23 places in Calhoun 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 Albion

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Questions about Albion

How many renters are there in Albion?

Albion has an estimated 947 (±119) renting households, 40.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Albion?

In Albion, the share of households that rent went from 42.0% in 2015–2019 to 40.0% in 2020–2024 (−2.0 percentage points), not a measurable change.

How big are renting households in Albion?

A renting household in Albion has 2.5 people on average, against 2.5 in an owned home.

How much do renters earn in Albion?

The median renting household in Albion, MI has an income of $24,551 (±$3,573) a year, against $57,583 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 Albion city, Michigan (place:00980, in state:26).

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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