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
| Share of income spent on rent | Independence Charter Township | Oakland County | Michigan | United 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 more | 20.0% (±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
| Independence Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 31.9% (±9.6 points) | 44.7% (±1.3 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 20.0% (±7.2 points) | 36.6% (±1.1 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 22.4% (±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
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Independence Charter Township | — | 31.9% (±9.6 points) | — |
| Village of Clarkston | 1.8 mi | 56.6% (±18.1 points) | Higher |
| Springfield Charter Township | 5.6 mi | 50.2% (±28.0 points) | Not measurably different |
| Waterford Charter Township | 5.9 mi | 50.3% (±5.3 points) | Higher |
| Brandon Charter Township | 6.6 mi | 53.3% (±26.0 points) | Not measurably different |
| Orion Charter Township | 6.6 mi | 39.5% (±8.0 points) | Not measurably different |
| Ortonville | 7.3 mi | 31.3% (±28.7 points) | Not measurably different |
| Lake Orion | 7.9 mi | 45.1% (±18.3 points) | Not measurably different |
| Oxford Charter Township | 8.4 mi | 62.4% (±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
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 36 | Novi | 38.7% (±4.4 points) |
| 37 | Ferndale | 36.8% (±9.6 points) |
| 38 | Berkley | 36.6% (±13.7 points) |
| 39 | Clawson | 36.1% (±10.6 points) |
| 40 (tie) | Royal Oak | 34.4% (±5.0 points) |
| 40 (tie) | Troy | 34.4% (±4.7 points) |
| 42 | Independence Charter Township | 31.9% (±9.6 points) |
| 43 | Bloomfield Charter Township | 29.8% (±9.8 points) |
| 44 | Farmington | 24.3% (±7.7 points) |
| 45 | Lathrup Village | 14.8% (±18.2 points) |
| 46 (tie) | Huntington Woods | 0.0% (±48.5 points) |
| 46 (tie) | Orchard Lake Village | 0.0% (±111.7 points) |
| 46 (tie) | Pleasant Ridge | 0.0% (±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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Independence charter township, Oakland County, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Independence charter township, Oakland County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Independence charter 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 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.
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
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- Population growth in Independence Charter Township
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- Fair Market Rent in Independence Charter Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan