What percentage of people rent in Houghton, MI?
63.1% (±5.4 points) of the occupied homes in Houghton, MI are rented (2020–2024 American Community Survey).
That is 1,421 renting households against 830 that own their home.
In Houghton, the share of households that rent went from 65.5% in 2015–2019 to 63.1% in 2020–2024 (−2.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 63.1% (±5.4 points)
- Renting households
- 1,421 (±208)
- Median renter income
- $18,976 (±$5,524)
Who rents and who owns in Houghton
| Houghton | Houghton County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 63.1% (±5.4 points) | 28.2% (±1.8 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 1,421 (±208) | 4,034 (±316) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 830 (±139) | 10,271 (±267) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.9 (±0.2) | 1.8 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $18,976 (±$5,524) | $32,103 (±$3,944) | $42,352 (±$376) | $52,966 |
| Median owner household income | $126,786 (±$23,410) | $77,761 (±$3,131) | $87,130 (±$344) | $100,009 |
In Houghton, the renter share is higher than in Houghton County (28.2%).
It is also higher than in Michigan (26.8%).
It is higher than the national figure (34.8%).
In Houghton County, Houghton ranks 1 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 6 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Houghton has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 65.5% (±4.9 points) | 63.1% (±5.4 points) | −2.4 percentage points | Not a measurable change |
| Median gross rent | $665 (±$44) | $978 (±$231) | +47.1% | No measurable change after inflation |
| Median household income | $23,135 (±$2,897) | $43,456 (±$10,793) | +87.8% | Up 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 Houghton
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Houghton | — | 63.1% (±5.4 points) | — |
| Hancock | 2.2 mi | 44.4% (±5.9 points) | Lower |
| Dollar Bay | 3.0 mi | 10.6% (±6.2 points) | Lower |
| Quincy Township (Houghton County) | 3.3 mi | 22.4% (±13.9 points) | Lower |
| Franklin Township (Houghton County) | 3.6 mi | 19.2% (±5.1 points) | Lower |
| South Range | 4.6 mi | 27.7% (±11.4 points) | Lower |
| Hancock Township | 6.4 mi | 1.5% (±2.1 points) | Lower |
| Adams Township (Houghton County) | 6.7 mi | 16.3% (±7.8 points) | Lower |
| Osceola Township (Houghton County) | 6.9 mi | 8.6% (±4.0 points) | Lower |
Nearby places with a measurably lower figure: Hancock, MI (44.4%), Dollar Bay, MI (10.6%), Quincy Township (Houghton County), MI (22.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Houghton County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Houghton | 63.1% (±5.4 points) |
| 2 | Hancock | 44.4% (±5.9 points) |
| 3 | Schoolcraft Township (Houghton County) | 27.4% (±7.0 points) |
| 4 | Portage Charter Township | 26.2% (±9.5 points) |
| 5 | Quincy Township (Houghton County) | 22.4% (±13.9 points) |
| 6 | Calumet Charter Township | 22.1% (±4.1 points) |
| 7 | Franklin Township (Houghton County) | 19.2% (±5.1 points) |
Showing 7 of 16 places in Houghton 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 Houghton
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Questions about Houghton
How many renters are there in Houghton?
Houghton has an estimated 1,421 (±208) renting households, 63.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Houghton?
In Houghton, the share of households that rent went from 65.5% in 2015–2019 to 63.1% in 2020–2024 (−2.4 percentage points), not a measurable change.
How big are renting households in Houghton?
A renting household in Houghton has 1.9 people on average, against 2.6 in an owned home.
How much do renters earn in Houghton?
The median renting household in Houghton, MI has an income of $18,976 (±$5,524) a year, against $126,786 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Houghton city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Houghton city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Houghton city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Houghton city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Houghton city, 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 Houghton city, Michigan (place:39360, 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.
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
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- Population growth in Houghton
- How long people stay in Houghton
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- Michigan landlord and tenant rules
- Housing across Houghton County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan