What percentage of people rent in Franklin Township (Houghton County), MI?

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

19.2% (±5.1 points) of the occupied homes in Franklin Township (Houghton County), MI are rented (2020–2024 American Community Survey).

That is 116 renting households against 489 that own their home.

In Franklin Township (Houghton County), the share of households that rent went from 14.8% in 2015–2019 to 19.2% in 2020–2024 (+4.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 19.2% (±5.1 points)
Renting households: 116 (±35)
Median renter income: $48,000 (±$24,307)

Who rents and who owns in Franklin Township (Houghton County)

Tenure, estimate (90% margin of error)
	Franklin Township (Houghton County)	Houghton County	Michigan	United States
Renter-occupied share	19.2% (±5.1 points)	28.2% (±1.8 points)	26.8% (±0.2 points)	34.8%
Renting households	116 (±35)	4,034 (±316)	1,092,179 (±7,674)	45,017,354
Owning households	489 (±71)	10,271 (±267)	2,984,190 (±12,886)	84,210,142
Average renter household size	2.2 (±0.4)	1.8 (±0.1)	2.1 (±0.0)	2.3
Average owner household size	3.1 (±0.5)	2.5 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$48,000 (±$24,307)	$32,103 (±$3,944)	$42,352 (±$376)	$52,966
Median owner household income	$85,774 (±$9,499)	$77,761 (±$3,131)	$87,130 (±$344)	$100,009

In Franklin Township (Houghton County), the renter share is lower than in Houghton County (28.2%).

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

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

In Houghton County, Franklin Township (Houghton County) ranks 7 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 402 of 1,520.

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

How renting in Franklin Township (Houghton County) 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	14.8% (±6.8 points)	19.2% (±5.1 points)	+4.4 percentage points	Not a measurable change
Median gross rent	$692 (±$93)	$817 (±$120)	+18.1%	No measurable change after inflation
Median household income	$55,938 (±$9,652)	$78,155 (±$9,202)	+39.7%	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 Franklin Township (Houghton County)

Nearest places with a published estimate, compared with Franklin Township (Houghton County)
Place	Distance	Households that rent	Compared with this place
Franklin Township (Houghton County)	—	19.2% (±5.1 points)	—
Dollar Bay	2.3 mi	10.6% (±6.2 points)	Lower
Quincy Township (Houghton County)	3.1 mi	22.4% (±13.9 points)	Not measurably different
Osceola Township (Houghton County)	3.3 mi	8.6% (±4.0 points)	Lower
Hancock	3.5 mi	44.4% (±5.9 points)	Higher
Houghton	3.6 mi	63.1% (±5.4 points)	Higher
Hancock Township	4.4 mi	1.5% (±2.1 points)	Lower
Lake Linden	6.4 mi	40.5% (±9.1 points)	Higher
Laurium	6.9 mi	24.2% (±7.6 points)	Not measurably different

Nearby places with a measurably lower figure: Dollar Bay, MI (10.6%), Osceola Township (Houghton County), MI (8.6%), Hancock Township, MI (1.5%).

Nearby places with a measurably higher figure: Hancock, MI (44.4%), Houghton, MI (63.1%), Lake Linden, MI (40.5%).

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

Households that rent across Houghton County, place by place

Rank	Place	Households that rent
1	Houghton	63.1% (±5.4 points)
2	Hancock	44.4% (±5.9 points)
3	Schoolcraft Township (Houghton County)	27.4% (±7.0 points)
4	Portage Charter Township	26.2% (±9.5 points)
5	Quincy Township (Houghton County)	22.4% (±13.9 points)
6	Calumet Charter Township	22.1% (±4.1 points)
7	Franklin Township (Houghton County)	19.2% (±5.1 points)
8	Adams Township (Houghton County)	16.3% (±7.8 points)
9	Chassell Township	15.8% (±8.3 points)
10	Osceola Township (Houghton County)	8.6% (±4.0 points)
11	Duncan Township	7.1% (±10.3 points)
12 (tie)	Stanton Township	5.7% (±3.5 points)
12 (tie)	Torch Lake Township (Houghton County)	5.7% (±3.2 points)

Showing 13 of 16 places in Houghton 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 Franklin Township (Houghton County)

How many renters are there in Franklin Township (Houghton County)?

Franklin Township (Houghton County) has an estimated 116 (±35) renting households, 19.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Franklin Township (Houghton County)?

In Franklin Township (Houghton County), the share of households that rent went from 14.8% in 2015–2019 to 19.2% in 2020–2024 (+4.4 percentage points), not a measurable change.

How big are renting households in Franklin Township (Houghton County)?

A renting household in Franklin Township (Houghton County) has 2.2 people on average, against 3.1 in an owned home.

How much do renters earn in Franklin Township (Houghton County)?

The median renting household in Franklin Township (Houghton County), MI has an income of $48,000 (±$24,307) a year, against $85,774 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 Franklin township, Houghton County, Michigan (county subdivision:30300, in state:26 county:061).

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.