What percentage of people rent in Ishpeming, MI?
30.2% (±5.0 points) of the occupied homes in Ishpeming, MI are rented (2020–2024 American Community Survey).
That is 760 renting households against 1,754 that own their home.
In Ishpeming, the share of households that rent went from 27.9% in 2015–2019 to 30.2% in 2020–2024 (+2.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 30.2% (±5.0 points)
- Renting households
- 760 (±149)
- Median renter income
- $21,831 (±$4,966)
Who rents and who owns in Ishpeming
| Ishpeming | Marquette County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 30.2% (±5.0 points) | 30.4% (±1.5 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 760 (±149) | 8,576 (±467) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 1,754 (±156) | 19,679 (±427) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 1.8 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.4 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $21,831 (±$4,966) | $34,068 (±$2,258) | $42,352 (±$376) | $52,966 |
| Median owner household income | $67,083 (±$10,700) | $84,741 (±$2,462) | $87,130 (±$344) | $100,009 |
In Ishpeming, the renter share is not measurably different from Marquette County (30.4%).
It is not measurably different from Michigan (26.8%).
It is not measurably different from the national figure (34.8%).
In Marquette County, Ishpeming ranks 4 of 22 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 215 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Ishpeming has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.9% (±5.1 points) | 30.2% (±5.0 points) | +2.3 percentage points | Not a measurable change |
| Median gross rent | $512 (±$33) | $733 (±$76) | +43.2% | Up after inflation |
| Median household income | $46,299 (±$4,522) | $52,754 (±$4,545) | +13.9% | 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 Ishpeming
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Ishpeming | — | 30.2% (±5.0 points) | — |
| West Ishpeming | 2.4 mi | 5.8% (±4.0 points) | Lower |
| Negaunee | 4.4 mi | 23.5% (±5.3 points) | Not measurably different |
| Ely Township | 7.3 mi | 3.9% (±3.8 points) | Lower |
| Richmond Township (Marquette County) | 7.5 mi | 16.0% (±9.3 points) | Lower |
| Tilden Township | 7.9 mi | 8.5% (±5.4 points) | Lower |
| Negaunee Township | 8.3 mi | 6.4% (±2.9 points) | Lower |
| Ishpeming Township | 11 mi | 9.2% (±6.2 points) | Lower |
| Sands Township | 12 mi | 4.0% (±3.4 points) | Lower |
Nearby places with a measurably lower figure: West Ishpeming, MI (5.8%), Ely Township, MI (3.9%), Richmond Township (Marquette County), MI (16.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Marquette County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Marquette | 53.7% (±3.1 points) |
| 2 | West Branch Township (Marquette County) | 48.0% (±7.7 points) |
| 3 | Marquette Charter Township | 41.8% (±7.8 points) |
| 4 | Ishpeming | 30.2% (±5.0 points) |
| 5 | Negaunee | 23.5% (±5.3 points) |
| 6 | Forsyth Township | 21.4% (±5.4 points) |
| 7 | Richmond Township (Marquette County) | 16.0% (±9.3 points) |
| 8 | Chocolay Charter Township | 14.7% (±4.2 points) |
| 9 | Ewing Township | 13.6% (±14.2 points) |
| 10 | Republic Township | 12.1% (±4.0 points) |
Showing 10 of 22 places in Marquette 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.
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Questions about Ishpeming
How many renters are there in Ishpeming?
Ishpeming has an estimated 760 (±149) renting households, 30.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Ishpeming?
In Ishpeming, the share of households that rent went from 27.9% in 2015–2019 to 30.2% in 2020–2024 (+2.3 percentage points), not a measurable change.
How big are renting households in Ishpeming?
A renting household in Ishpeming has 1.9 people on average, against 2.6 in an owned home.
How much do renters earn in Ishpeming?
The median renting household in Ishpeming, MI has an income of $21,831 (±$4,966) a year, against $67,083 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ishpeming city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Ishpeming city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Ishpeming city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ishpeming city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Ishpeming 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 Ishpeming city, Michigan (place:41220, 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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- Income and affordability in Ishpeming
- Home values in Ishpeming
- Homeowner costs in Ishpeming
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- Types of homes in Ishpeming
- Bedrooms in Ishpeming
- Age of homes in Ishpeming
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- Commute and cars in Ishpeming
- Crime reported to police in Ishpeming
- Population growth in Ishpeming
- How long people stay in Ishpeming
- Crowding and facilities in Ishpeming
- Michigan landlord and tenant rules
- Housing across Marquette County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan