What percentage of people rent in Homer, MI?

43.2% (±7.6 points) of the occupied homes in Homer, MI are rented (2020–2024 American Community Survey).

That is 267 renting households against 351 that own their home.

In Homer, the share of households that rent went from 34.2% in 2015–2019 to 43.2% in 2020–2024 (+9.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
43.2% (±7.6 points)
Renting households
267 (±74)
Median renter income
$38,375 (±$12,103)

Who rents and who owns in Homer

Tenure, estimate (90% margin of error)
HomerCalhoun CountyMichiganUnited States
Renter-occupied share43.2% (±7.6 points)27.3% (±1.3 points)26.8% (±0.2 points)34.8%
Renting households267 (±74)14,586 (±718)1,092,179 (±7,674)45,017,354
Owning households351 (±68)38,747 (±747)2,984,190 (±12,886)84,210,142
Average renter household size2.3 (±0.4)2.1 (±0.1)2.1 (±0.0)2.3
Average owner household size2.9 (±0.3)2.6 (±0.0)2.5 (±0.0)2.6
Median renter household income$38,375 (±$12,103)$37,537 (±$2,687)$42,352 (±$376)$52,966
Median owner household income$65,208 (±$20,355)$75,078 (±$2,485)$87,130 (±$344)$100,009

In Homer, the renter share is higher than in Calhoun County (27.3%).

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

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

In Calhoun County, Homer ranks 1 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 11 of 253.

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

How renting in Homer has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent34.2% (±6.7 points)43.2% (±7.6 points)+9.0 percentage pointsNot a measurable change
Median gross rent$635 (±$68)$825 (±$183)+29.9%No measurable change after inflation
Median household income$39,063 (±$4,274)$54,737 (±$9,285)+40.1%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 Homer

Nearest places with a published estimate, compared with Homer
PlaceDistanceHouseholds that rentCompared with this place
Homer—43.2% (±7.6 points)—
Albion Township4.1 mi11.8% (±4.0 points)Lower
Clarendon Township4.3 mi14.9% (±5.9 points)Lower
Eckford Township5.3 mi7.6% (±3.8 points)Lower
Albion7.5 mi40.0% (±4.6 points)Not measurably different
Litchfield7.9 mi26.6% (±6.4 points)Lower
Pulaski Township8.0 mi4.1% (±2.4 points)Lower
Concord8.7 mi18.3% (±7.5 points)Lower
Litchfield Township8.8 mi10.2% (±5.9 points)Lower

Nearby places with a measurably lower figure: Albion Township, MI (11.8%), Clarendon Township, MI (14.9%), Eckford Township, MI (7.6%).

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

Households that rent across Calhoun County, place by place

RankPlaceHouseholds that rent
1Homer43.2% (±7.6 points)
2Burlington33.0% (±13.5 points)
3Athens22.4% (±8.0 points)
4Tekonsha20.3% (±8.6 points)

Homer lies inside Homer Township (Calhoun County), whose figures include it, so it is ranked only against places like it.

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 Homer

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Questions about Homer

How many renters are there in Homer?

Homer has an estimated 267 (±74) renting households, 43.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Homer?

In Homer, the share of households that rent went from 34.2% in 2015–2019 to 43.2% in 2020–2024 (+9.0 percentage points), not a measurable change.

How big are renting households in Homer?

A renting household in Homer has 2.3 people on average, against 2.9 in an owned home.

How much do renters earn in Homer?

The median renting household in Homer, MI has an income of $38,375 (±$12,103) a year, against $65,208 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 Homer village, Michigan (place:38920, in state:26).

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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