What percentage of people rent in Eaton Rapids, MI?
30.2% (±6.1 points) of the occupied homes in Eaton Rapids, MI are rented (2020–2024 American Community Survey).
That is 650 renting households against 1,499 that own their home.
In Eaton Rapids, the share of households that rent went from 39.8% in 2015–2019 to 30.2% in 2020–2024 (−9.6 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 30.2% (±6.1 points)
- Renting households
- 650 (±146)
- Median renter income
- $33,214 (±$11,041)
Who rents and who owns in Eaton Rapids
| Eaton Rapids | Eaton County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 30.2% (±6.1 points) | 25.8% (±1.3 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 650 (±146) | 11,734 (±616) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 1,499 (±157) | 33,694 (±620) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.7 (±0.2) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.2) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $33,214 (±$11,041) | $49,452 (±$3,449) | $42,352 (±$376) | $52,966 |
| Median owner household income | $79,702 (±$12,770) | $93,019 (±$3,082) | $87,130 (±$344) | $100,009 |
In Eaton Rapids, the renter share is not measurably different from Eaton County (25.8%).
It is not measurably different from Michigan (26.8%).
It is not measurably different from the national figure (34.8%).
In Eaton County, Eaton Rapids ranks 6 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 214 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Eaton Rapids has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 39.8% (±6.6 points) | 30.2% (±6.1 points) | −9.6 percentage points | Measurable decrease |
| Median gross rent | $741 (±$90) | $972 (±$52) | +31.2% | No measurable change after inflation |
| Median household income | $42,921 (±$3,932) | $63,875 (±$3,629) | +48.8% | Up 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 Eaton Rapids
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Eaton Rapids | — | 30.2% (±6.1 points) | — |
| Eaton Rapids Township | 3.4 mi | 12.0% (±5.8 points) | Lower |
| Hamlin Township (Eaton County) | 3.6 mi | 3.7% (±3.0 points) | Lower |
| Onondaga Township | 5.8 mi | 17.8% (±8.4 points) | Lower |
| Aurelius Township | 6.2 mi | 6.1% (±4.0 points) | Lower |
| Eaton Township | 6.5 mi | 4.1% (±2.2 points) | Lower |
| Brookfield Township (Eaton County) | 7.4 mi | 1.8% (±1.5 points) | Lower |
| Springport Township | 8.5 mi | 19.3% (±5.9 points) | Lower |
| Windsor Charter Township | 8.7 mi | 5.0% (±2.4 points) | Lower |
Nearby places with a measurably lower figure: Eaton Rapids Township, MI (12.0%), Hamlin Township (Eaton County), MI (3.7%), Onondaga Township, MI (17.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Eaton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Olivet | 49.8% (±10.0 points) |
| 2 | Potterville | 41.1% (±10.2 points) |
| 3 | Delta Charter Township | 34.7% (±2.5 points) |
| 4 | Charlotte | 33.0% (±5.0 points) |
| 5 | Grand Ledge | 32.5% (±6.1 points) |
| 6 | Eaton Rapids | 30.2% (±6.1 points) |
| 7 | Sunfield Township | 19.4% (±6.5 points) |
| 8 | Bellevue Township | 12.8% (±4.0 points) |
| 9 | Vermontville Township | 12.6% (±4.0 points) |
| 10 | Eaton Rapids Township | 12.0% (±5.8 points) |
| 11 | Benton Township (Eaton County) | 9.6% (±3.3 points) |
| 12 | Roxand Township | 9.4% (±4.3 points) |
Showing 12 of 21 places in Eaton County, ranked from highest to lowest.
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 Eaton Rapids
How many renters are there in Eaton Rapids?
Eaton Rapids has an estimated 650 (±146) renting households, 30.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Eaton Rapids?
In Eaton Rapids, the share of households that rent went from 39.8% in 2015–2019 to 30.2% in 2020–2024 (−9.6 percentage points), a measurable decrease.
How big are renting households in Eaton Rapids?
A renting household in Eaton Rapids has 1.7 people on average, against 2.7 in an owned home.
How much do renters earn in Eaton Rapids?
The median renting household in Eaton Rapids, MI has an income of $33,214 (±$11,041) a year, against $79,702 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Eaton Rapids city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Eaton Rapids city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Eaton Rapids city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Eaton Rapids city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Eaton Rapids city, 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 Eaton Rapids city, Michigan (place:24540, 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.
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
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- Population growth in Eaton Rapids
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- Housing across Eaton County
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