What percentage of people rent in Cato Township, MI?
16.4% (±4.8 points) of the occupied homes in Cato Township, MI are rented (2020–2024 American Community Survey).
That is 174 renting households against 884 that own their home.
In Cato Township, the share of households that rent went from 24.2% in 2015–2019 to 16.4% in 2020–2024 (−7.8 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 16.4% (±4.8 points)
- Renting households
- 174 (±53)
- Median renter income
- $28,333 (±$4,966)
Who rents and who owns in Cato Township
| Cato Township | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.4% (±4.8 points) | 16.9% (±1.6 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 174 (±53) | 4,131 (±418) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 884 (±102) | 20,380 (±444) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.6 (±1.0) | 2.3 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.3) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $28,333 (±$4,966) | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $75,455 (±$12,638) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
In Cato Township, the renter share is not measurably different from Montcalm County (16.9%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Montcalm County, Cato Township ranks 7 of 23 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 494 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Cato Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 24.2% (±4.4 points) | 16.4% (±4.8 points) | −7.8 percentage points | Measurable decrease |
| Median gross rent | $630 (±$77) | $711 (±$315) | +12.9% | No measurable change after inflation |
| Median household income | $44,185 (±$9,489) | $67,500 (±$12,761) | +52.8% | 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 Cato Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Cato Township | — | 16.4% (±4.8 points) | — |
| Pine Township | 5.0 mi | 11.2% (±5.7 points) | Not measurably different |
| Winfield Township | 5.1 mi | 4.5% (±3.2 points) | Lower |
| Hinton Township | 5.8 mi | 8.7% (±4.3 points) | Lower |
| Belvidere Township | 6.5 mi | 11.6% (±4.4 points) | Not measurably different |
| Maple Valley Township (Montcalm County) | 7.9 mi | 6.2% (±2.5 points) | Lower |
| Douglass Township | 8.1 mi | 9.9% (±5.3 points) | Not measurably different |
| Deerfield Township (Mecosta County) | 8.5 mi | 17.1% (±9.1 points) | Not measurably different |
| Millbrook Township | 8.9 mi | 14.0% (±6.3 points) | Not measurably different |
Nearby places with a measurably lower figure: Winfield Township, MI (4.5%), Hinton Township, MI (8.7%), Maple Valley Township (Montcalm County), MI (6.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Montcalm County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Carson City | 50.5% (±10.7 points) |
| 2 | Greenville | 39.3% (±5.9 points) |
| 3 | Stanton | 38.5% (±10.4 points) |
| 4 | Fairplain Township | 21.9% (±6.6 points) |
| 5 | Ferris Township | 18.8% (±6.2 points) |
| 6 | Home Township (Montcalm County) | 18.4% (±6.2 points) |
| 7 | Cato Township | 16.4% (±4.8 points) |
| 8 | Evergreen Township (Montcalm County) | 14.5% (±6.6 points) |
| 9 | Day Township | 13.5% (±5.5 points) |
| 10 | Reynolds Township | 11.7% (±4.8 points) |
| 11 | Belvidere Township | 11.6% (±4.4 points) |
| 12 | Pine Township | 11.2% (±5.7 points) |
| 13 | Sidney Township | 10.0% (±4.1 points) |
Showing 13 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Cato Township include the places inside it that have pages of their own: Lakeview.
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 Cato Township
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Questions about Cato Township
How many renters are there in Cato Township?
Cato Township has an estimated 174 (±53) renting households, 16.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Cato Township?
In Cato Township, the share of households that rent went from 24.2% in 2015–2019 to 16.4% in 2020–2024 (−7.8 percentage points), a measurable decrease.
How big are renting households in Cato Township?
A renting household in Cato Township has 2.6 people on average, against 2.8 in an owned home.
How much do renters earn in Cato Township?
The median renting household in Cato Township, MI has an income of $28,333 (±$4,966) a year, against $75,455 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cato township, Montcalm County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Cato township, Montcalm 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 Cato township, Montcalm County, Michigan (county subdivision:14000, in state:26 county:117).
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 Cato Township at a glance
- Median rent in Cato Township
- Income and affordability in Cato Township
- Home values in Cato Township
- Homeowner costs in Cato Township
- Property taxes in Cato Township
- Types of homes in Cato Township
- Bedrooms in Cato Township
- Age of homes in Cato Township
- Heating fuel in Cato Township
- Commute and cars in Cato Township
- Population growth in Cato Township
- How long people stay in Cato Township
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan