What percentage of people rent in Fife Lake Township, MI?

9.1% (±4.1 points) of the occupied homes in Fife Lake Township, MI are rented (2020–2024 American Community Survey).

That is 57 renting households against 571 that own their home.

In Fife Lake Township, the share of households that rent went from 12.8% in 2015–2019 to 9.1% in 2020–2024 (−3.7 percentage points), not a measurable change.

Figures last updated on .

Households that rent
9.1% (±4.1 points)
Renting households
57 (±23)
Median renter income
$34,583 (±$22,188)

Who rents and who owns in Fife Lake Township

Tenure, estimate (90% margin of error)
Fife Lake TownshipGrand Traverse CountyMichiganUnited States
Renter-occupied share9.1% (±4.1 points)22.8% (±1.6 points)26.8% (±0.2 points)34.8%
Renting households57 (±23)9,197 (±691)1,092,179 (±7,674)45,017,354
Owning households571 (±122)31,090 (±768)2,984,190 (±12,886)84,210,142
Average renter household size1.8 (±0.4)2.0 (±0.1)2.1 (±0.0)2.3
Average owner household size2.1 (±0.3)2.4 (±0.1)2.5 (±0.0)2.6
Median renter household income$34,583 (±$22,188)$50,435 (±$4,048)$42,352 (±$376)$52,966
Median owner household income$88,125 (±$18,904)$92,691 (±$3,357)$87,130 (±$344)$100,009

In Fife Lake Township, the renter share is lower than in Grand Traverse County (22.8%).

It is also lower than in Michigan (26.8%).

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

In Grand Traverse County, Fife Lake Township ranks 11 of 14 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 945 of 1,520.

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

How renting in Fife Lake Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent12.8% (±5.0 points)9.1% (±4.1 points)−3.7 percentage pointsNot a measurable change
Median gross rent$796 (±$138)$1,500 (±$268)+88.4%Up after inflation
Median household income$54,091 (±$8,451)$83,194 (±$19,464)+53.8%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 Fife Lake Township

Nearest places with a published estimate, compared with Fife Lake Township
PlaceDistanceHouseholds that rentCompared with this place
Fife Lake Township—9.1% (±4.1 points)—
Springfield Township5.3 mi11.0% (±5.6 points)Not measurably different
Paradise Township5.4 mi19.8% (±6.5 points)Higher
Liberty Township (Wexford County)6.0 mi3.9% (±2.3 points)Lower
Union Township (Grand Traverse County)6.2 mi2.0% (±1.8 points)Lower
Kingsley6.8 mi32.8% (±9.7 points)Higher
Greenwood Township (Wexford County)8.4 mi1.1% (±1.5 points)Lower
Bloomfield Township (Missaukee County)8.4 mi10.7% (±6.3 points)Not measurably different
Boardman Township9.0 mi6.2% (±4.0 points)Not measurably different

Nearby places with a measurably lower figure: Liberty Township (Wexford County), MI (3.9%), Union Township (Grand Traverse County), MI (2.0%), Greenwood Township (Wexford County), MI (1.1%).

Nearby places with a measurably higher figure: Paradise Township, MI (19.8%), Kingsley, MI (32.8%).

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

Households that rent across Grand Traverse County, place by place

RankPlaceHouseholds that rent
5Acme Township12.4% (±5.5 points)
6Blair Township11.7% (±5.1 points)
7Green Lake Township11.5% (±6.9 points)
8Long Lake Township11.1% (±3.6 points)
9East Bay Township10.4% (±3.2 points)
10Peninsula Township9.8% (±6.3 points)
11Fife Lake Township9.1% (±4.1 points)
12Grant Township (Grand Traverse County)6.4% (±3.8 points)
13Whitewater Township3.9% (±3.0 points)
14Union Township (Grand Traverse County)2.0% (±1.8 points)

Showing 10 of 14 places in Grand Traverse County, ranked from highest to lowest.

The figures for Fife Lake Township include the places inside it that have pages of their own: Fife Lake.

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 Fife Lake Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Fife Lake Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Fife Lake Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Fife Lake Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Fife Lake Township

How many renters are there in Fife Lake Township?

Fife Lake Township has an estimated 57 (±23) renting households, 9.1% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Fife Lake Township?

In Fife Lake Township, the share of households that rent went from 12.8% in 2015–2019 to 9.1% in 2020–2024 (−3.7 percentage points), not a measurable change.

How big are renting households in Fife Lake Township?

A renting household in Fife Lake Township has 1.8 people on average, against 2.1 in an owned home.

How much do renters earn in Fife Lake Township?

The median renting household in Fife Lake Township, MI has an income of $34,583 (±$22,188) a year, against $88,125 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 Fife Lake township, Grand Traverse County, Michigan (county subdivision:28020, in state:26 county:055).

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 .

Related