How many renters in Caro, MI pay more than 30% of their income on rent?
50.0% (±14.6 points) of renting households in Caro, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
40.0% spend 35% or more.
The median renting household spends 30.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 50.0% (±14.6 points)
- Paying 35% or more
- 40.0% (±11.8 points)
- Median share of income
- 30.0% (±5.1 points)
Rent as a share of income in Caro
| Share of income spent on rent | Caro | Tuscola County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 13.4% (±8.1 points) | 17.2% | 13.5% | 12.6% |
| 15% to 19.9% | 8.8% (±7.1 points) | 12.8% | 12.2% | 12.2% |
| 20% to 24.9% | 15.5% (±8.5 points) | 12.8% | 12.4% | 12.6% |
| 25% to 29.9% | 12.2% (±6.9 points) | 12.9% | 11.5% | 11.5% |
| 30% to 34.9% | 10.0% (±8.6 points) | 8.5% | 9.0% | 9.2% |
| 35% or more | 40.0% (±11.8 points) | 35.7% | 41.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Caro against Tuscola County, its state and the nation
| Caro | Tuscola County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 50.0% (±14.6 points) | 44.2% (±6.1 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 40.0% (±11.8 points) | 35.7% (±4.9 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 30.0% (±5.1 points) | 27.7% (±1.9 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $30,331 (±$9,242) | $36,920 (±$4,826) | $42,352 (±$376) | $52,966 |
| Median gross rent | $753 (±$102) | $819 (±$46) | $1,129 (±$4) | $1,413 |
In Caro, the share of renters paying 30% or more of income is not measurably different from Tuscola County (44.2%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Tuscola County, Caro ranks 11 of 25 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 572 of 1,485.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Caro
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Caro | — | 50.0% (±14.6 points) | — |
| Indianfields Township | 2.8 mi | 66.7% (±48.5 points) | Not measurably different |
| Almer Township | 3.9 mi | 53.6% (±42.1 points) | Not measurably different |
| Fairgrove Township | 6.1 mi | 43.4% (±43.9 points) | Not measurably different |
| Wells Township (Tuscola County) | 6.5 mi | 54.5% (±67.6 points) | Not measurably different |
| Ellington Township | 6.9 mi | 0.0% (±73.5 points) | Not measurably different |
| Juniata Township | 7.0 mi | 30.4% (±46.9 points) | Not measurably different |
| Fairgrove | 7.5 mi | 35.3% (±73.5 points) | Not measurably different |
| Akron | 7.8 mi | 55.0% (±70.2 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Tuscola County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 5 | Gilford Township | 63.7% (±47.3 points) |
| 6 | Millington Township | 57.7% (±18.9 points) |
| 7 | Wells Township (Tuscola County) | 54.5% (±67.6 points) |
| 8 | Almer Township | 53.6% (±42.1 points) |
| 9 | Koylton Township | 52.7% (±37.4 points) |
| 10 | Elmwood Township | 51.2% (±27.5 points) |
| 11 (tie) | Caro | 50.0% (±14.6 points) |
| 11 (tie) | Novesta Township | 50.0% (±81.6 points) |
| 13 | Vassar | 44.8% (±15.5 points) |
| 14 | Fairgrove Township | 43.4% (±43.9 points) |
| 15 | Denmark Township | 38.5% (±24.9 points) |
| 16 | Tuscola Township | 32.4% (±60.6 points) |
| 17 | Juniata Township | 30.4% (±46.9 points) |
Showing 13 of 25 places in Tuscola County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Caro
Are renters in Caro rent-burdened?
50.0% of renting households in Caro pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Caro spend on rent?
The median renting household in Caro, MI spends 30.0% (±5.1 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Caro city, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Caro city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Caro city, Michigan
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 Caro city, Michigan (place:13420, in state:26).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Income and affordability in Caro
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- Property taxes in Caro
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- Population growth in Caro
- How long people stay in Caro
- Michigan landlord and tenant rules
- Housing across Tuscola County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan