What percentage of people rent in Boyne Valley Township, MI?
18.1% (±8.1 points) of the occupied homes in Boyne Valley Township, MI are rented (2020–2024 American Community Survey).
That is 113 renting households against 510 that own their home.
In Boyne Valley Township, the share of households that rent went from 12.6% in 2015–2019 to 18.1% in 2020–2024 (+5.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 18.1% (±8.1 points)
- Renting households
- 113 (±61)
- Median renter income
- $55,625 (±$26,701)
Who rents and who owns in Boyne Valley Township
| Boyne Valley Township | Charlevoix County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 18.1% (±8.1 points) | 16.5% (±1.8 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 113 (±61) | 2,025 (±240) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 510 (±69) | 10,242 (±303) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.8 (±0.5) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.2) | 2.1 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $55,625 (±$26,701) | $41,292 (±$4,900) | $42,352 (±$376) | $52,966 |
| Median owner household income | $87,321 (±$9,846) | $86,478 (±$2,977) | $87,130 (±$344) | $100,009 |
In Boyne Valley Township, the renter share is not measurably different from Charlevoix County (16.5%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Charlevoix County, Boyne Valley Township ranks 4 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 436 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Boyne Valley Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 12.6% (±4.8 points) | 18.1% (±8.1 points) | +5.5 percentage points | Not a measurable change |
| Median gross rent | $735 (±$233) | $932 (±$24) | +26.8% | No measurable change after inflation |
| Median household income | $55,268 (±$7,955) | $76,653 (±$10,367) | +38.7% | 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 Boyne Valley Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Boyne Valley Township | — | 18.1% (±8.1 points) | — |
| Hudson Township (Charlevoix County) | 4.0 mi | 6.1% (±4.0 points) | Lower |
| Warner Township | 5.8 mi | 6.4% (±7.4 points) | Lower |
| Elmira Township | 6.0 mi | 4.3% (±3.1 points) | Lower |
| Melrose Township | 6.8 mi | 8.9% (±4.7 points) | Not measurably different |
| Wilson Township (Charlevoix County) | 7.4 mi | 5.2% (±3.2 points) | Lower |
| Boyne City | 8.0 mi | 31.8% (±7.3 points) | Higher |
| Chandler Township (Charlevoix County) | 8.5 mi | 14.9% (±8.9 points) | Not measurably different |
| Jordan Township | 9.3 mi | 11.1% (±4.8 points) | Not measurably different |
Nearby places with a measurably lower figure: Hudson Township (Charlevoix County), MI (6.1%), Warner Township, MI (6.4%), Elmira Township, MI (4.3%).
Nearby places with a measurably higher figure: Boyne City, MI (31.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Charlevoix County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Charlevoix | 38.1% (±7.3 points) |
| 2 | Boyne City | 31.8% (±7.3 points) |
| 3 | East Jordan | 19.7% (±5.4 points) |
| 4 | Boyne Valley Township | 18.1% (±8.1 points) |
| 5 | Norwood Township | 15.4% (±13.4 points) |
| 6 | Chandler Township (Charlevoix County) | 14.9% (±8.9 points) |
| 7 | Charlevoix Township | 13.1% (±6.0 points) |
| 8 (tie) | Evangeline Township | 12.8% (±6.1 points) |
| 8 (tie) | St. James Township | 12.8% (±6.2 points) |
| 10 | South Arm Township | 12.6% (±6.1 points) |
Showing 10 of 18 places in Charlevoix County, ranked from highest to lowest.
The figures for Boyne Valley Township include the places inside it that have pages of their own: Boyne Falls.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Boyne Valley Township
How many renters are there in Boyne Valley Township?
Boyne Valley Township has an estimated 113 (±61) renting households, 18.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Boyne Valley Township?
In Boyne Valley Township, the share of households that rent went from 12.6% in 2015–2019 to 18.1% in 2020–2024 (+5.5 percentage points), not a measurable change.
How big are renting households in Boyne Valley Township?
A renting household in Boyne Valley Township has 1.8 people on average, against 2.2 in an owned home.
How much do renters earn in Boyne Valley Township?
The median renting household in Boyne Valley Township, MI has an income of $55,625 (±$26,701) a year, against $87,321 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Boyne Valley township, Charlevoix County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Boyne Valley township, Charlevoix 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 Boyne Valley township, Charlevoix County, Michigan (county subdivision:09860, in state:26 county:029).
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 Boyne Valley Township at a glance
- Median rent in Boyne Valley Township
- Income and affordability in Boyne Valley Township
- Home values in Boyne Valley Township
- Homeowner costs in Boyne Valley Township
- Property taxes in Boyne Valley Township
- Types of homes in Boyne Valley Township
- Bedrooms in Boyne Valley Township
- Age of homes in Boyne Valley Township
- Heating fuel in Boyne Valley Township
- Commute and cars in Boyne Valley Township
- Population growth in Boyne Valley Township
- How long people stay in Boyne Valley Township
- Fair Market Rent in Boyne Valley Township
- Michigan landlord and tenant rules
- Housing across Charlevoix County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan