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

Tenure, estimate (90% margin of error)
Cato TownshipMontcalm CountyMichiganUnited States
Renter-occupied share16.4% (±4.8 points)16.9% (±1.6 points)26.8% (±0.2 points)34.8%
Renting households174 (±53)4,131 (±418)1,092,179 (±7,674)45,017,354
Owning households884 (±102)20,380 (±444)2,984,190 (±12,886)84,210,142
Average renter household size2.6 (±1.0)2.3 (±0.2)2.1 (±0.0)2.3
Average owner household size2.8 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent24.2% (±4.4 points)16.4% (±4.8 points)−7.8 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Cato Township
PlaceDistanceHouseholds that rentCompared with this place
Cato Township—16.4% (±4.8 points)—
Pine Township5.0 mi11.2% (±5.7 points)Not measurably different
Winfield Township5.1 mi4.5% (±3.2 points)Lower
Hinton Township5.8 mi8.7% (±4.3 points)Lower
Belvidere Township6.5 mi11.6% (±4.4 points)Not measurably different
Maple Valley Township (Montcalm County)7.9 mi6.2% (±2.5 points)Lower
Douglass Township8.1 mi9.9% (±5.3 points)Not measurably different
Deerfield Township (Mecosta County)8.5 mi17.1% (±9.1 points)Not measurably different
Millbrook Township8.9 mi14.0% (±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

RankPlaceHouseholds that rent
1Carson City50.5% (±10.7 points)
2Greenville39.3% (±5.9 points)
3Stanton38.5% (±10.4 points)
4Fairplain Township21.9% (±6.6 points)
5Ferris Township18.8% (±6.2 points)
6Home Township (Montcalm County)18.4% (±6.2 points)
7Cato Township16.4% (±4.8 points)
8Evergreen Township (Montcalm County)14.5% (±6.6 points)
9Day Township13.5% (±5.5 points)
10Reynolds Township11.7% (±4.8 points)
11Belvidere Township11.6% (±4.4 points)
12Pine Township11.2% (±5.7 points)
13Sidney Township10.0% (±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

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.

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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