How many renters in Holly Township, MI pay more than 30% of their income on rent?
46.0% (±18.7 points) of renting households in Holly Township, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
43.1% spend 35% or more.
The median renting household spends 27.6% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 46.0% (±18.7 points)
- Paying 35% or more
- 43.1% (±18.4 points)
- Median share of income
- 27.6% (±12.2 points)
Rent as a share of income in Holly Township
| Share of income spent on rent | Holly Township | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 8.5% (±7.2 points) | 15.2% | 13.5% | 12.6% |
| 15% to 19.9% | 24.4% (±20.5 points) | 14.4% | 12.2% | 12.2% |
| 20% to 24.9% | 12.9% (±9.5 points) | 13.5% | 12.4% | 12.6% |
| 25% to 29.9% | 8.2% (±7.7 points) | 12.0% | 11.5% | 11.5% |
| 30% to 34.9% | 2.9% (±3.5 points) | 8.1% | 9.0% | 9.2% |
| 35% or more | 43.1% (±18.4 points) | 36.6% | 41.4% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Holly Township against Oakland County, its state and the nation
| Holly Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 46.0% (±18.7 points) | 44.7% (±1.3 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 43.1% (±18.4 points) | 36.6% (±1.1 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 27.6% (±12.2 points) | 27.8% (±0.5 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $58,750 (±$28,044) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median gross rent | $997 (±$206) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
In Holly Township, the share of renters paying 30% or more of income is not measurably different from Oakland County (44.7%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Oakland County, Holly Township ranks 25 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 697 of 1,485.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Holly Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Holly Township | — | 46.0% (±18.7 points) | — |
| Lake Fenton | 4.3 mi | 55.4% (±29.4 points) | Not measurably different |
| Fenton | 5.1 mi | 49.6% (±11.1 points) | Not measurably different |
| Grand Blanc Charter Township | 5.6 mi | 39.3% (±8.2 points) | Not measurably different |
| Groveland Township | 6.0 mi | 69.8% (±22.8 points) | Not measurably different |
| Fenton Charter Township | 6.3 mi | 52.6% (±22.1 points) | Not measurably different |
| Rose Township (Oakland County) | 6.4 mi | 63.6% (±52.1 points) | Not measurably different |
| Grand Blanc | 6.8 mi | 43.5% (±14.2 points) | Not measurably different |
| Goodrich | 7.8 mi | 38.0% (±24.1 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Oakland County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 19 | Springfield Charter Township | 50.2% (±28.0 points) |
| 20 (tie) | Oak Park | 49.6% (±8.3 points) |
| 20 (tie) | Lyon Charter Township | 49.6% (±16.1 points) |
| 22 | Sylvan Lake | 49.4% (±23.8 points) |
| 23 | Southfield Township | 48.0% (±33.8 points) |
| 24 | Rochester | 46.5% (±9.6 points) |
| 25 | Holly Township | 46.0% (±18.7 points) |
| 26 | Wixom | 43.4% (±8.0 points) |
| 27 | Farmington Hills | 43.0% (±4.7 points) |
| 28 | Madison Heights | 41.3% (±8.6 points) |
| 29 | Rochester Hills | 41.1% (±4.8 points) |
| 30 | Auburn Hills | 40.5% (±6.6 points) |
| 31 | South Lyon | 40.3% (±15.1 points) |
Showing 13 of 49 places in Oakland County, ranked from highest to lowest.
The figures for Holly Township include the places inside it that have pages of their own: Holly.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Holly Township
Are renters in Holly Township rent-burdened?
46.0% of renting households in Holly Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Holly Township spend on rent?
The median renting household in Holly Township, MI spends 27.6% (±12.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Holly township, Oakland County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Holly township, Oakland County, Michigan
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 Holly township, Oakland County, Michigan (county subdivision:38720, in state:26 county:125).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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 Holly Township at a glance
- Median rent in Holly Township
- Rent by bedrooms in Holly Township
- Renters and owners in Holly Township
- Income and affordability in Holly Township
- Home values in Holly Township
- Homeowner costs in Holly Township
- Property taxes in Holly Township
- Types of homes in Holly Township
- Bedrooms in Holly Township
- Age of homes in Holly Township
- Vacancy rate in Holly Township
- Heating fuel in Holly Township
- Commute and cars in Holly Township
- Population growth in Holly Township
- How long people stay in Holly Township
- Crowding and facilities in Holly Township
- Fair Market Rent in Holly Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan