What percentage of people rent in Central Lake, MI?

24.7% (±8.9 points) of the occupied homes in Central Lake, MI are rented (2020–2024 American Community Survey).

That is 97 renting households against 295 that own their home.

In Central Lake, the share of households that rent went from 22.4% in 2015–2019 to 24.7% in 2020–2024 (+2.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
24.7% (±8.9 points)
Renting households
97 (±45)
Median renter income
$65,179 (±$10,873)

Who rents and who owns in Central Lake

Tenure, estimate (90% margin of error)
Central LakeAntrim CountyMichiganUnited States
Renter-occupied share24.7% (±8.9 points)13.6% (±1.8 points)26.8% (±0.2 points)34.8%
Renting households97 (±45)1,513 (±212)1,092,179 (±7,674)45,017,354
Owning households295 (±63)9,587 (±278)2,984,190 (±12,886)84,210,142
Average renter household size3.2 (±1.2)2.1 (±0.2)2.1 (±0.0)2.3
Average owner household size2.5 (±0.3)2.2 (±0.1)2.5 (±0.0)2.6
Median renter household income$65,179 (±$10,873)$45,114 (±$5,307)$42,352 (±$376)$52,966
Median owner household income$63,173 (±$9,436)$76,977 (±$3,395)$87,130 (±$344)$100,009

In Central Lake, the renter share is higher than in Antrim County (13.6%).

It is not measurably different from Michigan (26.8%).

It is lower than the national figure (34.8%).

In Antrim County, Central Lake ranks 4 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 108 of 253.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Central Lake has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent22.4% (±7.3 points)24.7% (±8.9 points)+2.3 percentage pointsNot a measurable change
Median gross rent$581 (±$27)$1,008 (±$305)+73.5%No measurable change after inflation
Median household income$44,231 (±$6,569)$63,269 (±$6,938)+43.0%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 Central Lake

Nearest places with a published estimate, compared with Central Lake
PlaceDistanceHouseholds that rentCompared with this place
Central Lake—24.7% (±8.9 points)—
Torch Lake Township (Antrim County)4.5 mi6.4% (±4.5 points)Lower
Echo Township5.2 mi9.2% (±6.0 points)Lower
Forest Home Township5.8 mi5.8% (±3.3 points)Lower
Ellsworth6.8 mi17.8% (±10.5 points)Not measurably different
Banks Township7.2 mi12.1% (±4.6 points)Lower
Bellaire7.3 mi31.2% (±8.4 points)Not measurably different
Kearney Township7.8 mi20.6% (±5.7 points)Not measurably different
South Arm Township8.0 mi12.6% (±6.1 points)Lower

Nearby places with a measurably lower figure: Torch Lake Township (Antrim County), MI (6.4%), Echo Township, MI (9.2%), Forest Home Township, MI (5.8%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Antrim County, place by place

RankPlaceHouseholds that rent
1Bellaire31.2% (±8.4 points)
2Mancelona31.1% (±8.8 points)
3Elk Rapids24.8% (±9.1 points)
4Central Lake24.7% (±8.9 points)
5Ellsworth17.8% (±10.5 points)

Central Lake lies inside Central Lake Township, whose figures include it, so it is ranked only against places like it.

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 Central Lake

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Questions about Central Lake

How many renters are there in Central Lake?

Central Lake has an estimated 97 (±45) renting households, 24.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Central Lake?

In Central Lake, the share of households that rent went from 22.4% in 2015–2019 to 24.7% in 2020–2024 (+2.3 percentage points), not a measurable change.

How big are renting households in Central Lake?

A renting household in Central Lake has 3.2 people on average, against 2.5 in an owned home.

How much do renters earn in Central Lake?

The median renting household in Central Lake, MI has an income of $65,179 (±$10,873) a year, against $63,173 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 Central Lake village, Michigan (place:14400, in state:26).

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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