What percentage of people rent in Frankfort, MI?

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

35.9% (±7.9 points) of the occupied homes in Frankfort, MI are rented (2020–2024 American Community Survey).

That is 204 renting households against 365 that own their home.

In Frankfort, the share of households that rent went from 30.3% in 2015–2019 to 35.9% in 2020–2024 (+5.6 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 35.9% (±7.9 points)
Renting households: 204 (±50)
Median renter income: $27,500 (±$6,773)

Who rents and who owns in Frankfort

Tenure, estimate (90% margin of error)
	Frankfort	Benzie County	Michigan	United States
Renter-occupied share	35.9% (±7.9 points)	12.2% (±2.0 points)	26.8% (±0.2 points)	34.8%
Renting households	204 (±50)	944 (±160)	1,092,179 (±7,674)	45,017,354
Owning households	365 (±62)	6,764 (±236)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.9 (±0.4)	2.2 (±0.2)	2.1 (±0.0)	2.3
Average owner household size	2.0 (±0.2)	2.4 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$27,500 (±$6,773)	$42,188 (±$18,029)	$42,352 (±$376)	$52,966
Median owner household income	$74,297 (±$14,075)	$80,189 (±$3,906)	$87,130 (±$344)	$100,009

In Frankfort, the renter share is higher than in Benzie County (12.2%).

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

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

In Benzie County, Frankfort ranks 1 of 13 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 126 of 1,520.

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

How renting in Frankfort 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	30.3% (±5.4 points)	35.9% (±7.9 points)	+5.6 percentage points	Not a measurable change
Median gross rent	$629 (±$19)	$876 (±$142)	+39.3%	No measurable change after inflation
Median household income	$41,500 (±$6,156)	$54,327 (±$5,907)	+30.9%	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 Frankfort

Nearest places with a published estimate, compared with Frankfort
Place	Distance	Households that rent	Compared with this place
Frankfort	—	35.9% (±7.9 points)	—
Elberta	1.1 mi	4.3% (±6.1 points)	Lower
Crystal Lake Township	2.2 mi	10.4% (±6.5 points)	Lower
Gilmore Township (Benzie County)	3.4 mi	4.5% (±3.2 points)	Lower
Benzonia Township	5.9 mi	9.6% (±2.6 points)	Lower
Blaine Township	6.4 mi	9.6% (±5.8 points)	Lower
Beulah	6.5 mi	35.3% (±12.1 points)	Not measurably different
Benzonia	6.7 mi	13.8% (±5.3 points)	Lower
Lake Township (Benzie County)	6.7 mi	2.8% (±2.3 points)	Lower

Nearby places with a measurably lower figure: Elberta, MI (4.3%), Crystal Lake Township, MI (10.4%), Gilmore Township (Benzie County), MI (4.5%).

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

Households that rent across Benzie County, place by place

Rank	Place	Households that rent
1	Frankfort	35.9% (±7.9 points)
2	Colfax Township (Benzie County)	26.2% (±12.9 points)
3	Weldon Township	14.7% (±7.3 points)
4	Inland Township	11.6% (±5.3 points)
5	Almira Township	10.8% (±6.0 points)
6	Crystal Lake Township	10.4% (±6.5 points)
7 (tie)	Benzonia Township	9.6% (±2.6 points)

Showing 7 of 13 places in Benzie 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 Frankfort

How many renters are there in Frankfort?

Frankfort has an estimated 204 (±50) renting households, 35.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Frankfort?

In Frankfort, the share of households that rent went from 30.3% in 2015–2019 to 35.9% in 2020–2024 (+5.6 percentage points), not a measurable change.

How big are renting households in Frankfort?

A renting household in Frankfort has 1.9 people on average, against 2.0 in an owned home.

How much do renters earn in Frankfort?

The median renting household in Frankfort, MI has an income of $27,500 (±$6,773) a year, against $74,297 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 Frankfort city, Michigan (place:30260, 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.