What percentage of people rent in Jerome Township, MI?
14.5% (±5.3 points) of the occupied homes in Jerome Township, MI are rented (2020–2024 American Community Survey).
That is 262 renting households against 1,551 that own their home.
In Jerome Township, the share of households that rent went from 12.5% in 2015–2019 to 14.5% in 2020–2024 (+2.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 14.5% (±5.3 points)
- Renting households
- 262 (±96)
- Median renter income
- $38,690 (±$10,906)
Who rents and who owns in Jerome Township
| Jerome Township | Midland County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 14.5% (±5.3 points) | 21.9% (±1.5 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 262 (±96) | 7,671 (±553) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 1,551 (±154) | 27,322 (±607) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.8 (±0.7) | 2.0 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.2) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $38,690 (±$10,906) | $38,527 (±$4,747) | $42,352 (±$376) | $52,966 |
| Median owner household income | $84,485 (±$15,860) | $90,616 (±$3,225) | $87,130 (±$344) | $100,009 |
In Jerome Township, the renter share is lower than in Midland County (21.9%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Midland County, Jerome Township ranks 4 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 578 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Jerome Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 12.5% (±4.7 points) | 14.5% (±5.3 points) | +2.0 percentage points | Not a measurable change |
| Median gross rent | $678 (±$133) | $1,010 (±$199) | +49.0% | No measurable change after inflation |
| Median household income | $65,363 (±$10,732) | $80,313 (±$10,676) | +22.9% | 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 Jerome Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Jerome Township | — | 14.5% (±5.3 points) | — |
| Lincoln Township (Midland County) | 5.0 mi | 8.7% (±4.8 points) | Not measurably different |
| Geneva Township (Midland County) | 5.7 mi | 5.8% (±3.1 points) | Lower |
| Lee Township (Midland County) | 5.9 mi | 15.8% (±8.0 points) | Not measurably different |
| Edenville Township | 5.9 mi | 5.8% (±3.1 points) | Lower |
| Homer Township (Midland County) | 6.6 mi | 6.8% (±6.2 points) | Not measurably different |
| Hope Township (Midland County) | 8.3 mi | 6.6% (±4.6 points) | Lower |
| Greendale Township | 8.5 mi | 7.4% (±3.7 points) | Lower |
| Warren Township | 8.8 mi | 9.0% (±5.7 points) | Not measurably different |
Nearby places with a measurably lower figure: Geneva Township (Midland County), MI (5.8%), Edenville Township, MI (5.8%), Hope Township (Midland County), MI (6.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Midland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Coleman | 40.1% (±8.8 points) |
| 2 | Midland | 32.9% (±2.4 points) |
| 3 | Lee Township (Midland County) | 15.8% (±8.0 points) |
| 4 | Jerome Township | 14.5% (±5.3 points) |
| 5 | Ingersoll Township | 10.6% (±4.0 points) |
| 6 | Mount Haley Township | 9.9% (±4.1 points) |
| 7 | Warren Township | 9.0% (±5.7 points) |
| 8 | Lincoln Township (Midland County) | 8.7% (±4.8 points) |
| 9 | Greendale Township | 7.4% (±3.7 points) |
| 10 | Homer Township (Midland County) | 6.8% (±6.2 points) |
Showing 10 of 18 places in Midland County, ranked from highest to lowest.
The figures for Jerome Township include the places inside it that have pages of their own: Sanford.
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 Jerome Township
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Questions about Jerome Township
How many renters are there in Jerome Township?
Jerome Township has an estimated 262 (±96) renting households, 14.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Jerome Township?
In Jerome Township, the share of households that rent went from 12.5% in 2015–2019 to 14.5% in 2020–2024 (+2.0 percentage points), not a measurable change.
How big are renting households in Jerome Township?
A renting household in Jerome Township has 2.8 people on average, against 2.5 in an owned home.
How much do renters earn in Jerome Township?
The median renting household in Jerome Township, MI has an income of $38,690 (±$10,906) a year, against $84,485 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Jerome township, Midland County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Jerome township, Midland County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Jerome township, Midland County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Jerome township, Midland County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Jerome township, Midland County, 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 Jerome township, Midland County, Michigan (county subdivision:41760, in state:26 county:111).
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
- Housing in Jerome Township at a glance
- Median rent in Jerome Township
- Rent by bedrooms in Jerome Township
- Rent burden in Jerome Township
- Income and affordability in Jerome Township
- Home values in Jerome Township
- Homeowner costs in Jerome Township
- Property taxes in Jerome Township
- Types of homes in Jerome Township
- Bedrooms in Jerome Township
- Age of homes in Jerome Township
- Heating fuel in Jerome Township
- Commute and cars in Jerome Township
- Population growth in Jerome Township
- How long people stay in Jerome Township
- Michigan landlord and tenant rules
- Housing across Midland County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan