What percentage of people rent in Gibson Township, MI?

6.7% (±3.3 points) of the occupied homes in Gibson Township, MI are rented (2020–2024 American Community Survey).

That is 29 renting households against 406 that own their home.

In Gibson Township, the share of households that rent went from 14.7% in 2015–2019 to 6.7% in 2020–2024 (−8.0 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
6.7% (±3.3 points)
Renting households
29 (±14)
Median renter income
$46,563 (±$14,677)

Who rents and who owns in Gibson Township

Tenure, estimate (90% margin of error)
Gibson TownshipBay CountyMichiganUnited States
Renter-occupied share6.7% (±3.3 points)23.0% (±1.4 points)26.8% (±0.2 points)34.8%
Renting households29 (±14)10,358 (±666)1,092,179 (±7,674)45,017,354
Owning households406 (±66)34,745 (±755)2,984,190 (±12,886)84,210,142
Average renter household size2.5 (±0.7)1.9 (±0.1)2.1 (±0.0)2.3
Average owner household size2.2 (±0.2)2.4 (±0.0)2.5 (±0.0)2.6
Median renter household income$46,563 (±$14,677)$35,715 (±$3,064)$42,352 (±$376)$52,966
Median owner household income$63,929 (±$24,759)$72,178 (±$3,521)$87,130 (±$344)$100,009

In Gibson Township, the renter share is lower than in Bay County (23.0%).

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

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

In Bay County, Gibson Township ranks 15 of 18 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1128 of 1,520.

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

How renting in Gibson Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent14.7% (±5.9 points)6.7% (±3.3 points)−8.0 percentage pointsMeasurable decrease
Median gross rent$771 (±$280)$769 (±$319)−0.3%No measurable change after inflation
Median household income$53,313 (±$6,736)$61,691 (±$15,702)+15.7%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 Gibson Township

Nearest places with a published estimate, compared with Gibson Township
PlaceDistanceHouseholds that rentCompared with this place
Gibson Township—6.7% (±3.3 points)—
Lincoln Township (Arenac County)5.1 mi13.2% (±5.2 points)Higher
Adams Township (Arenac County)6.1 mi11.7% (±7.7 points)Not measurably different
Mount Forest Township6.1 mi6.6% (±5.9 points)Not measurably different
Grim Township6.6 mi2.2% (±3.9 points)Not measurably different
Sterling7.3 mi12.3% (±6.6 points)Not measurably different
Standish7.6 mi44.5% (±7.7 points)Higher
Bentley Township8.7 mi2.3% (±2.6 points)Lower
Deep River Township8.7 mi5.4% (±2.0 points)Not measurably different

Nearby places with a measurably lower figure: Bentley Township, MI (2.3%).

Nearby places with a measurably higher figure: Lincoln Township (Arenac County), MI (13.2%), Standish, MI (44.5%).

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

Households that rent across Bay County, place by place

RankPlaceHouseholds that rent
9Portsmouth Charter Township12.0% (±6.6 points)
10Beaver Township (Bay County)10.7% (±6.5 points)
11Fraser Township9.9% (±6.5 points)
12Monitor Charter Township9.4% (±3.3 points)
13Pinconning Township9.0% (±5.1 points)
14Merritt Township7.3% (±5.3 points)
15Gibson Township6.7% (±3.3 points)
16Mount Forest Township6.6% (±5.9 points)
17Essexville5.5% (±3.5 points)
18Garfield Township (Bay County)0.8% (±0.9 points)

Showing 10 of 18 places in Bay 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.

What you can do on Seayora in Gibson Township

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Questions about Gibson Township

How many renters are there in Gibson Township?

Gibson Township has an estimated 29 (±14) renting households, 6.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Gibson Township?

In Gibson Township, the share of households that rent went from 14.7% in 2015–2019 to 6.7% in 2020–2024 (−8.0 percentage points), a measurable decrease.

How big are renting households in Gibson Township?

A renting household in Gibson Township has 2.5 people on average, against 2.2 in an owned home.

How much do renters earn in Gibson Township?

The median renting household in Gibson Township, MI has an income of $46,563 (±$14,677) a year, against $63,929 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 Gibson township, Bay County, Michigan (county subdivision:32040, in state:26 county:017).

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 .

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