What percentage of people rent in Algonac, MI?

25.2% (±7.3 points) of the occupied homes in Algonac, MI are rented (2020–2024 American Community Survey).

That is 468 renting households against 1,391 that own their home.

In Algonac, the share of households that rent went from 29.2% in 2015–2019 to 25.2% in 2020–2024 (−4.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
25.2% (±7.3 points)
Renting households
468 (±143)
Median renter income
$32,969 (±$12,961)

Who rents and who owns in Algonac

Tenure, estimate (90% margin of error)
AlgonacSt. Clair CountyMichiganUnited States
Renter-occupied share25.2% (±7.3 points)19.2% (±1.2 points)26.8% (±0.2 points)34.8%
Renting households468 (±143)13,034 (±853)1,092,179 (±7,674)45,017,354
Owning households1,391 (±188)54,782 (±936)2,984,190 (±12,886)84,210,142
Average renter household size2.1 (±0.4)2.1 (±0.1)2.1 (±0.0)2.3
Average owner household size2.3 (±0.3)2.4 (±0.0)2.5 (±0.0)2.6
Median renter household income$32,969 (±$12,961)$36,662 (±$2,773)$42,352 (±$376)$52,966
Median owner household income$66,542 (±$10,684)$82,232 (±$2,227)$87,130 (±$344)$100,009

In Algonac, the renter share is not measurably different from St. Clair County (19.2%).

It is not measurably different from Michigan (26.8%).

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

In St. Clair County, Algonac ranks 5 of 29 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 282 of 1,520.

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

How renting in Algonac has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent29.2% (±6.1 points)25.2% (±7.3 points)−4.0 percentage pointsNot a measurable change
Median gross rent$680 (±$85)$910 (±$107)+33.8%No measurable change after inflation
Median household income$53,423 (±$4,744)$56,820 (±$8,196)+6.4%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 Algonac

Nearest places with a published estimate, compared with Algonac
PlaceDistanceHouseholds that rentCompared with this place
Algonac—25.2% (±7.3 points)—
Pearl Beach2.8 mi6.7% (±5.1 points)Lower
Clay Township4.5 mi6.3% (±3.2 points)Lower
Cottrellville Township5.2 mi2.8% (±3.0 points)Lower
Marine City6.6 mi19.3% (±5.6 points)Not measurably different
Ira Township8.2 mi19.6% (±5.8 points)Not measurably different
East China Township10 mi18.5% (±6.4 points)Not measurably different
China Township11 mi6.9% (±6.8 points)Lower
New Baltimore11 mi16.2% (±5.6 points)Not measurably different

Nearby places with a measurably lower figure: Pearl Beach, MI (6.7%), Clay Township, MI (6.3%), Cottrellville Township, MI (2.8%).

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

Households that rent across St. Clair County, place by place

RankPlaceHouseholds that rent
1Port Huron38.3% (±3.1 points)
2Port Huron Charter Township33.4% (±5.6 points)
3St. Clair31.9% (±9.1 points)
4Yale30.1% (±6.6 points)
5Algonac25.2% (±7.3 points)
6Ira Township19.6% (±5.8 points)
7Marine City19.3% (±5.6 points)
8 (tie)East China Township18.5% (±6.4 points)
8 (tie)Fort Gratiot Charter Township18.5% (±3.2 points)
10Marysville16.1% (±3.5 points)
11Mussey Township12.7% (±4.8 points)

Showing 11 of 29 places in St. Clair 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 Algonac

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Questions about Algonac

How many renters are there in Algonac?

Algonac has an estimated 468 (±143) renting households, 25.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Algonac?

In Algonac, the share of households that rent went from 29.2% in 2015–2019 to 25.2% in 2020–2024 (−4.0 percentage points), not a measurable change.

How big are renting households in Algonac?

A renting household in Algonac has 2.1 people on average, against 2.3 in an owned home.

How much do renters earn in Algonac?

The median renting household in Algonac, MI has an income of $32,969 (±$12,961) a year, against $66,542 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 Algonac city, Michigan (place:01180, 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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