What percentage of people rent in Alma, MI?

34.1% (±6.3 points) of the occupied homes in Alma, MI are rented (2020–2024 American Community Survey).

That is 1,208 renting households against 2,337 that own their home.

In Alma, the share of households that rent went from 43.1% in 2015–2019 to 34.1% in 2020–2024 (−9.0 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
34.1% (±6.3 points)
Renting households
1,208 (±229)
Median renter income
$35,250 (±$13,688)

Who rents and who owns in Alma

Tenure, estimate (90% margin of error)
AlmaGratiot CountyMichiganUnited States
Renter-occupied share34.1% (±6.3 points)21.1% (±1.8 points)26.8% (±0.2 points)34.8%
Renting households1,208 (±229)3,124 (±257)1,092,179 (±7,674)45,017,354
Owning households2,337 (±275)11,651 (±344)2,984,190 (±12,886)84,210,142
Average renter household size2.0 (±0.3)2.1 (±0.1)2.1 (±0.0)2.3
Average owner household size2.3 (±0.2)2.5 (±0.1)2.5 (±0.0)2.6
Median renter household income$35,250 (±$13,688)$36,250 (±$4,848)$42,352 (±$376)$52,966
Median owner household income$69,539 (±$13,723)$72,829 (±$3,831)$87,130 (±$344)$100,009

In Alma, the renter share is higher than in Gratiot County (21.1%).

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

It is not measurably different from the national figure (34.8%).

In Gratiot County, Alma ranks 1 of 19 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 149 of 1,520.

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

How renting in Alma has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent43.1% (±4.9 points)34.1% (±6.3 points)−9.0 percentage pointsMeasurable decrease
Median gross rent$655 (±$49)$836 (±$39)+27.6%No measurable change after inflation
Median household income$36,408 (±$4,493)$53,307 (±$8,914)+46.4%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 Alma

Nearest places with a published estimate, compared with Alma
PlaceDistanceHouseholds that rentCompared with this place
Alma—34.1% (±6.3 points)—
St. Louis2.9 mi32.7% (±7.8 points)Not measurably different
Pine River Township3.5 mi1.5% (±1.5 points)Lower
Arcada Township3.5 mi5.0% (±3.1 points)Lower
Bethany Township6.4 mi7.7% (±4.2 points)Lower
Emerson Township6.6 mi11.6% (±5.1 points)Lower
Seville Township6.7 mi5.3% (±3.3 points)Lower
Ithaca6.8 mi27.7% (±7.1 points)Not measurably different
Sumner Township7.3 mi13.3% (±5.7 points)Lower

Nearby places with a measurably lower figure: Pine River Township, MI (1.5%), Arcada Township, MI (5.0%), Bethany Township, MI (7.7%).

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

Households that rent across Gratiot County, place by place

RankPlaceHouseholds that rent
1Alma34.1% (±6.3 points)
2St. Louis32.7% (±7.8 points)
3Elba Township (Gratiot County)29.4% (±7.2 points)
4Ithaca27.7% (±7.1 points)
5Wheeler Township24.3% (±5.0 points)
6Fulton Township20.5% (±6.4 points)
7New Haven Township (Gratiot County)14.6% (±5.3 points)

Showing 7 of 19 places in Gratiot 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 Alma

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Questions about Alma

How many renters are there in Alma?

Alma has an estimated 1,208 (±229) renting households, 34.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Alma?

In Alma, the share of households that rent went from 43.1% in 2015–2019 to 34.1% in 2020–2024 (−9.0 percentage points), a measurable decrease.

How big are renting households in Alma?

A renting household in Alma has 2.0 people on average, against 2.3 in an owned home.

How much do renters earn in Alma?

The median renting household in Alma, MI has an income of $35,250 (±$13,688) a year, against $69,539 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 Alma city, Michigan (place:01540, 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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