What percentage of people rent in Grant Township (Iosco County), MI?
6.3% (±3.0 points) of the occupied homes in Grant Township (Iosco County), MI are rented (2020–2024 American Community Survey).
That is 41 renting households against 606 that own their home.
In Grant Township (Iosco County), the share of households that rent went from 9.1% in 2015–2019 to 6.3% in 2020–2024 (−2.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 6.3% (±3.0 points)
- Renting households
- 41 (±21)
- Median renter income
- $36,607 (±$32,445)
Who rents and who owns in Grant Township (Iosco County)
| Grant Township (Iosco County) | Iosco County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 6.3% (±3.0 points) | 17.9% (±2.1 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 41 (±21) | 2,100 (±260) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 606 (±87) | 9,613 (±348) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.2 (±0.8) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.3) | 2.2 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $36,607 (±$32,445) | $31,000 (±$4,916) | $42,352 (±$376) | $52,966 |
| Median owner household income | $56,477 (±$10,127) | $53,543 (±$2,950) | $87,130 (±$344) | $100,009 |
In Grant Township (Iosco County), the renter share is lower than in Iosco County (17.9%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Iosco County, Grant Township (Iosco County) ranks 12 of 14 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1166 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Grant Township (Iosco County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 9.1% (±3.5 points) | 6.3% (±3.0 points) | −2.8 percentage points | Not a measurable change |
| Median gross rent | $621 (±$88) | $773 (±$42) | +24.5% | No measurable change after inflation |
| Median household income | $38,045 (±$2,409) | $56,193 (±$11,248) | +47.7% | 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 Grant Township (Iosco County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Grant Township (Iosco County) | — | 6.3% (±3.0 points) | — |
| Reno Township | 5.2 mi | 3.4% (±2.1 points) | Not measurably different |
| Tawas Township | 6.0 mi | 8.1% (±2.9 points) | Not measurably different |
| Sherman Township (Iosco County) | 6.3 mi | 14.3% (±8.2 points) | Not measurably different |
| Whittemore | 6.3 mi | 35.9% (±10.7 points) | Higher |
| Burleigh Township | 8.5 mi | 9.6% (±6.9 points) | Not measurably different |
| Alabaster Township | 8.8 mi | 8.4% (±5.4 points) | Not measurably different |
| Plainfield Township | 9.1 mi | 12.1% (±4.5 points) | Higher |
| Tawas City | 9.6 mi | 23.1% (±4.8 points) | Higher |
Nearby places with a measurably higher figure: Whittemore, MI (35.9%), Plainfield Township, MI (12.1%), Tawas City, MI (23.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Iosco County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Baldwin Township (Iosco County) | 13.2% (±5.7 points) |
| 7 | Au Sable Charter Township | 12.2% (±5.7 points) |
| 8 | Plainfield Township | 12.1% (±4.5 points) |
| 9 | Burleigh Township | 9.6% (±6.9 points) |
| 10 | Alabaster Township | 8.4% (±5.4 points) |
| 11 | Tawas Township | 8.1% (±2.9 points) |
| 12 | Grant Township (Iosco County) | 6.3% (±3.0 points) |
| 13 | Reno Township | 3.4% (±2.1 points) |
| 14 | Wilber Township | 3.2% (±2.9 points) |
Showing 9 of 14 places in Iosco County, ranked from highest to lowest.
The figures for Grant Township (Iosco County) include the places inside it that have pages of their own: Sand Lake (community).
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 Grant Township (Iosco County)
How many renters are there in Grant Township (Iosco County)?
Grant Township (Iosco County) has an estimated 41 (±21) renting households, 6.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Grant Township (Iosco County)?
In Grant Township (Iosco County), the share of households that rent went from 9.1% in 2015–2019 to 6.3% in 2020–2024 (−2.8 percentage points), not a measurable change.
How big are renting households in Grant Township (Iosco County)?
A renting household in Grant Township (Iosco County) has 2.2 people on average, against 2.5 in an owned home.
How much do renters earn in Grant Township (Iosco County)?
The median renting household in Grant Township (Iosco County), MI has an income of $36,607 (±$32,445) a year, against $56,477 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Grant township, Iosco County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Grant township, Iosco County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Grant township, Iosco County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Grant township, Iosco County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Grant township, Iosco County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Grant township, Iosco County, Michigan (county subdivision:34280, in state:26 county:069).
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.
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
- Housing in Grant Township (Iosco County) at a glance
- Income and affordability in Grant Township (Iosco County)
- Home values in Grant Township (Iosco County)
- Homeowner costs in Grant Township (Iosco County)
- Property taxes in Grant Township (Iosco County)
- Types of homes in Grant Township (Iosco County)
- Bedrooms in Grant Township (Iosco County)
- Age of homes in Grant Township (Iosco County)
- Heating fuel in Grant Township (Iosco County)
- Commute and cars in Grant Township (Iosco County)
- Population growth in Grant Township (Iosco County)
- How long people stay in Grant Township (Iosco County)
- Michigan landlord and tenant rules
- Housing across Iosco County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan