What percentage of people rent in Farwell, MI?

Name: Renters and owners in Farwell, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

30.7% (±10.2 points) of the occupied homes in Farwell, MI are rented (2020–2024 American Community Survey).

That is 119 renting households against 268 that own their home.

In Farwell, the share of households that rent went from 33.0% in 2015–2019 to 30.7% in 2020–2024 (−2.3 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 30.7% (±10.2 points)
Renting households: 119 (±46)
Median renter income: $23,750 (±$10,657)

Who rents and who owns in Farwell

Tenure, estimate (90% margin of error)
	Farwell	Clare County	Michigan	United States
Renter-occupied share	30.7% (±10.2 points)	13.1% (±1.6 points)	26.8% (±0.2 points)	34.8%
Renting households	119 (±46)	1,643 (±230)	1,092,179 (±7,674)	45,017,354
Owning households	268 (±66)	10,878 (±347)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.7 (±0.4)	2.4 (±0.3)	2.1 (±0.0)	2.3
Average owner household size	2.9 (±0.4)	2.5 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$23,750 (±$10,657)	$29,066 (±$2,411)	$42,352 (±$376)	$52,966
Median owner household income	$52,955 (±$18,242)	$53,416 (±$2,763)	$87,130 (±$344)	$100,009

In Farwell, the renter share is higher than in Clare County (13.1%).

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

It is not measurably different from the national figure (34.8%).

Statewide, it ranks 67 of 253.

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

How renting in Farwell has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	33.0% (±8.0 points)	30.7% (±10.2 points)	−2.3 percentage points	Not a measurable change
Median gross rent	$620 (±$82)	$513 (±$181)	−17.3%	Down after inflation
Median household income	$37,639 (±$4,273)	$42,188 (±$13,965)	+12.1%	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 Farwell

Nearest places with a published estimate, compared with Farwell
Place	Distance	Households that rent	Compared with this place
Farwell	—	30.7% (±10.2 points)	—
Grant Township (Clare County)	4.1 mi	10.7% (±5.3 points)	Lower
Gilmore Township (Isabella County)	5.1 mi	3.0% (±2.1 points)	Lower
Clare	5.3 mi	40.7% (±8.3 points)	Not measurably different
Vernon Township (Isabella County)	6.3 mi	9.0% (±4.6 points)	Lower
Lincoln Township (Clare County)	7.5 mi	2.3% (±2.6 points)	Lower
Hatton Township	7.8 mi	9.9% (±7.7 points)	Lower
Coldwater Township (Isabella County)	8.7 mi	13.3% (±7.2 points)	Lower
Garfield Township (Clare County)	9.3 mi	9.8% (±5.6 points)	Lower

Nearby places with a measurably lower figure: Grant Township (Clare County), MI (10.7%), Gilmore Township (Isabella County), MI (3.0%), Vernon Township (Isabella County), MI (9.0%).

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

Farwell lies inside Surrey 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.

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Questions about Farwell

How many renters are there in Farwell?

Farwell has an estimated 119 (±46) renting households, 30.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Farwell?

In Farwell, the share of households that rent went from 33.0% in 2015–2019 to 30.7% in 2020–2024 (−2.3 percentage points), not a measurable change.

How big are renting households in Farwell?

A renting household in Farwell has 1.7 people on average, against 2.9 in an owned home.

How much do renters earn in Farwell?

The median renting household in Farwell, MI has an income of $23,750 (±$10,657) a year, against $52,955 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 Farwell village, Michigan (place:27500, 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.