How many renters in Independence Charter Township, MI pay more than 30% of their income on rent?

31.9% (±9.6 points) of renting households in Independence Charter Township, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

20.0% spend 35% or more.

The median renting household spends 22.4% of its income on rent.

Figures last updated on .

Paying 30% or more
31.9% (±9.6 points)
Paying 35% or more
20.0% (±7.2 points)
Median share of income
22.4% (±3.5 points)

Rent as a share of income in Independence Charter Township

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentIndependence Charter TownshipOakland CountyMichiganUnited States
Less than 15%23.8% (±13.3 points)15.2%13.5%12.6%
15% to 19.9%18.8% (±8.4 points)14.4%12.2%12.2%
20% to 24.9%15.4% (±7.9 points)13.5%12.4%12.6%
25% to 29.9%10.1% (±5.2 points)12.0%11.5%11.5%
30% to 34.9%11.9% (±6.3 points)8.1%9.0%9.2%
35% or more20.0% (±7.2 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.

Independence Charter Township against Oakland County, its state and the nation

Estimate (90% margin of error)
Independence Charter TownshipOakland CountyMichiganUnited States
Paying 30% or more31.9% (±9.6 points)44.7% (±1.3 points)50.4% (±0.4 points)51.1%
Paying 35% or more20.0% (±7.2 points)36.6% (±1.1 points)41.4% (±0.4 points)41.9%
Median share of income22.4% (±3.5 points)27.8% (±0.5 points)30.2% (±0.3 points)30.6%
Median renter household income$77,297 (±$13,642)$59,047 (±$1,564)$42,352 (±$376)$52,966
Median gross rent$1,453 (±$88)$1,376 (±$14)$1,129 (±$4)$1,413

In Independence Charter Township, the share of renters paying 30% or more of income is lower than in Oakland County (44.7%).

It is also lower than in Michigan (50.4%).

It is lower than the national figure (51.1%).

In Oakland County, Independence Charter Township ranks 42 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 1031 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 Independence Charter Township

Nearest places with a published estimate, compared with Independence Charter Township
PlaceDistanceRenters paying 30% or more of incomeCompared with this place
Independence Charter Township—31.9% (±9.6 points)—
Village of Clarkston1.8 mi56.6% (±18.1 points)Higher
Springfield Charter Township5.6 mi50.2% (±28.0 points)Not measurably different
Waterford Charter Township5.9 mi50.3% (±5.3 points)Higher
Brandon Charter Township6.6 mi53.3% (±26.0 points)Not measurably different
Orion Charter Township6.6 mi39.5% (±8.0 points)Not measurably different
Ortonville7.3 mi31.3% (±28.7 points)Not measurably different
Lake Orion7.9 mi45.1% (±18.3 points)Not measurably different
Oxford Charter Township8.4 mi62.4% (±12.8 points)Higher

Nearby places with a measurably higher figure: Village of Clarkston, MI (56.6%), Waterford Charter Township, MI (50.3%), Oxford Charter Township, MI (62.4%).

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

RankPlaceRenters paying 30% or more of income
36Novi38.7% (±4.4 points)
37Ferndale36.8% (±9.6 points)
38Berkley36.6% (±13.7 points)
39Clawson36.1% (±10.6 points)
40 (tie)Royal Oak34.4% (±5.0 points)
40 (tie)Troy34.4% (±4.7 points)
42Independence Charter Township31.9% (±9.6 points)
43Bloomfield Charter Township29.8% (±9.8 points)
44Farmington24.3% (±7.7 points)
45Lathrup Village14.8% (±18.2 points)
46 (tie)Huntington Woods0.0% (±48.5 points)
46 (tie)Orchard Lake Village0.0% (±111.7 points)
46 (tie)Pleasant Ridge0.0% (±74.8 points)

Showing 13 of 49 places in Oakland County, ranked from highest to lowest.

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 Independence Charter Township

Are renters in Independence Charter Township rent-burdened?

31.9% of renting households in Independence Charter 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 Independence Charter Township spend on rent?

The median renting household in Independence Charter Township, MI spends 22.4% (±3.5 points) of its household income on gross rent.

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 Independence charter township, Oakland County, Michigan (county subdivision:40400, 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.

Request a Census API 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 .

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