What percentage of people rent in Home Township (Montcalm County), MI?
18.4% (±6.2 points) of the occupied homes in Home Township (Montcalm County), MI are rented (2020–2024 American Community Survey).
That is 190 renting households against 844 that own their home.
In Home Township (Montcalm County), the share of households that rent went from 38.9% in 2015–2019 to 18.4% in 2020–2024 (−20.5 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 18.4% (±6.2 points)
- Renting households
- 190 (±77)
- Median renter income
- $20,227 (±$10,460)
Who rents and who owns in Home Township (Montcalm County)
| Home Township (Montcalm County) | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 18.4% (±6.2 points) | 16.9% (±1.6 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 190 (±77) | 4,131 (±418) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 844 (±88) | 20,380 (±444) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.9 (±0.7) | 2.3 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.3) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $20,227 (±$10,460) | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $66,197 (±$4,290) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
In Home Township (Montcalm County), the renter share is not measurably different from Montcalm County (16.9%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Montcalm County, Home Township (Montcalm County) ranks 6 of 23 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 428 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Home Township (Montcalm County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 38.9% (±5.6 points) | 18.4% (±6.2 points) | −20.5 percentage points | Measurable decrease |
| Median gross rent | $712 (±$83) | $756 (±$83) | +6.2% | No measurable change after inflation |
| Median household income | $41,081 (±$3,954) | $56,037 (±$10,810) | +36.4% | 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 Home Township (Montcalm County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Home Township (Montcalm County) | — | 18.4% (±6.2 points) | — |
| Rolland Township | 4.3 mi | 4.3% (±3.0 points) | Lower |
| Belvidere Township | 5.7 mi | 11.6% (±4.4 points) | Not measurably different |
| McBride | 5.9 mi | 14.8% (±11.9 points) | Not measurably different |
| Day Township | 6.6 mi | 13.5% (±5.5 points) | Not measurably different |
| Richland Township (Montcalm County) | 7.0 mi | 7.2% (±3.6 points) | Lower |
| Millbrook Township | 7.7 mi | 14.0% (±6.3 points) | Not measurably different |
| Fremont Township (Isabella County) | 7.8 mi | 3.6% (±1.9 points) | Lower |
| Douglass Township | 8.8 mi | 9.9% (±5.3 points) | Lower |
Nearby places with a measurably lower figure: Rolland Township, MI (4.3%), Richland Township (Montcalm County), MI (7.2%), Fremont Township (Isabella County), MI (3.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Montcalm County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Carson City | 50.5% (±10.7 points) |
| 2 | Greenville | 39.3% (±5.9 points) |
| 3 | Stanton | 38.5% (±10.4 points) |
| 4 | Fairplain Township | 21.9% (±6.6 points) |
| 5 | Ferris Township | 18.8% (±6.2 points) |
| 6 | Home Township (Montcalm County) | 18.4% (±6.2 points) |
| 7 | Cato Township | 16.4% (±4.8 points) |
| 8 | Evergreen Township (Montcalm County) | 14.5% (±6.6 points) |
| 9 | Day Township | 13.5% (±5.5 points) |
| 10 | Reynolds Township | 11.7% (±4.8 points) |
| 11 | Belvidere Township | 11.6% (±4.4 points) |
| 12 | Pine Township | 11.2% (±5.7 points) |
Showing 12 of 23 places in Montcalm County, ranked from highest to lowest.
The figures for Home Township (Montcalm County) include the places inside it that have pages of their own: Edmore.
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 Home Township (Montcalm County)
How many renters are there in Home Township (Montcalm County)?
Home Township (Montcalm County) has an estimated 190 (±77) renting households, 18.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Home Township (Montcalm County)?
In Home Township (Montcalm County), the share of households that rent went from 38.9% in 2015–2019 to 18.4% in 2020–2024 (−20.5 percentage points), a measurable decrease.
How big are renting households in Home Township (Montcalm County)?
A renting household in Home Township (Montcalm County) has 1.9 people on average, against 2.7 in an owned home.
How much do renters earn in Home Township (Montcalm County)?
The median renting household in Home Township (Montcalm County), MI has an income of $20,227 (±$10,460) a year, against $66,197 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Home township, Montcalm County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Home township, Montcalm County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Home township, Montcalm County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Home township, Montcalm County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Home township, Montcalm 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 Home township, Montcalm County, Michigan (county subdivision:38840, in state:26 county:117).
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 Home Township (Montcalm County) at a glance
- Median rent in Home Township (Montcalm County)
- Rent burden in Home Township (Montcalm County)
- Income and affordability in Home Township (Montcalm County)
- Home values in Home Township (Montcalm County)
- Homeowner costs in Home Township (Montcalm County)
- Property taxes in Home Township (Montcalm County)
- Types of homes in Home Township (Montcalm County)
- Bedrooms in Home Township (Montcalm County)
- Age of homes in Home Township (Montcalm County)
- Heating fuel in Home Township (Montcalm County)
- Commute and cars in Home Township (Montcalm County)
- Population growth in Home Township (Montcalm County)
- How long people stay in Home Township (Montcalm County)
- Crowding and facilities in Home Township (Montcalm County)
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan