What percentage of people rent in Bessemer Township, MI?
12.7% (±6.0 points) of the occupied homes in Bessemer Township, MI are rented (2020–2024 American Community Survey).
That is 69 renting households against 473 that own their home.
In Bessemer Township, the share of households that rent went from 14.0% in 2015–2019 to 12.7% in 2020–2024 (−1.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 12.7% (±6.0 points)
- Renting households
- 69 (±36)
Who rents and who owns in Bessemer Township
| Bessemer Township | Gogebic County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.7% (±6.0 points) | 19.0% (±2.8 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 69 (±36) | 1,329 (±222) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 473 (±98) | 5,660 (±225) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 3.9 (±1.4) | 2.0 (±0.3) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | — | $24,688 (±$2,156) | $42,352 (±$376) | $52,966 |
| Median owner household income | $57,098 (±$5,785) | $59,561 (±$4,911) | $87,130 (±$344) | $100,009 |
In Bessemer Township, the renter share is not measurably different from Gogebic County (19.0%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Gogebic County, Bessemer Township ranks 4 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 683 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Bessemer Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 14.0% (±6.4 points) | 12.7% (±6.0 points) | −1.3 percentage points | Not a measurable change |
| Median gross rent | $623 (±$24) | $869 (±$213) | +39.5% | No measurable change after inflation |
| Median household income | $46,310 (±$9,662) | $56,016 (±$7,459) | +21.0% | 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 Bessemer Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Bessemer Township | — | 12.7% (±6.0 points) | — |
| Wakefield | 5.9 mi | 17.9% (±5.5 points) | Not measurably different |
| Erwin Township | 7.9 mi | 5.0% (±3.9 points) | Lower |
| Bessemer | 8.5 mi | 27.6% (±7.1 points) | Higher |
| Town of Oma | 11 mi | 1.2% (±3.5 points) | Lower |
| Wakefield Township | 11 mi | 6.2% (±5.6 points) | Not measurably different |
| Ironwood | 12 mi | 27.9% (±6.6 points) | Higher |
| Town of Winchester (Vilas County) | 12 mi | 4.9% (±4.4 points) | Lower |
| Hurley | 14 mi | 27.1% (±6.1 points) | Higher |
Nearby places with a measurably lower figure: Erwin Township, MI (5.0%), Town of Oma, WI (1.2%), Town of Winchester (Vilas County), WI (4.9%).
Nearby places with a measurably higher figure: Bessemer, MI (27.6%), Ironwood, MI (27.9%), Hurley, WI (27.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Gogebic County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Ironwood | 27.9% (±6.6 points) |
| 2 | Bessemer | 27.6% (±7.1 points) |
| 3 | Wakefield | 17.9% (±5.5 points) |
| 4 | Bessemer Township | 12.7% (±6.0 points) |
| 5 | Ironwood Charter Township | 11.1% (±4.4 points) |
| 6 | Wakefield Township | 6.2% (±5.6 points) |
| 7 | Watersmeet Township | 5.5% (±3.8 points) |
| 8 | Erwin Township | 5.0% (±3.9 points) |
| 9 | Marenisco Township | 2.5% (±4.0 points) |
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 Bessemer Township
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Questions about Bessemer Township
How many renters are there in Bessemer Township?
Bessemer Township has an estimated 69 (±36) renting households, 12.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Bessemer Township?
In Bessemer Township, the share of households that rent went from 14.0% in 2015–2019 to 12.7% in 2020–2024 (−1.3 percentage points), not a measurable change.
How big are renting households in Bessemer Township?
A renting household in Bessemer Township has 3.9 people on average, against 2.0 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Bessemer township, Gogebic County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Bessemer township, Gogebic County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Bessemer township, Gogebic County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Bessemer township, Gogebic County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Bessemer township, Gogebic County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Bessemer township, Gogebic County, Michigan (county subdivision:07980, in state:26 county:053).
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.
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 .
Related
- Housing in Bessemer Township at a glance
- Income and affordability in Bessemer Township
- Home values in Bessemer Township
- Homeowner costs in Bessemer Township
- Property taxes in Bessemer Township
- Types of homes in Bessemer Township
- Bedrooms in Bessemer Township
- Age of homes in Bessemer Township
- Heating fuel in Bessemer Township
- Commute and cars in Bessemer Township
- Population growth in Bessemer Township
- Michigan landlord and tenant rules
- Housing across Gogebic County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan