How many renters in Lake Odessa, MI pay more than 30% of their income on rent?
55.2% (±26.8 points) of renting households in Lake Odessa, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
35.2% spend 35% or more.
The median renting household spends 31.3% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 55.2% (±26.8 points)
- Paying 35% or more
- 35.2% (±19.8 points)
- Median share of income
- 31.3% (±7.2 points)
Rent as a share of income in Lake Odessa
| Share of income spent on rent | Lake Odessa | Ionia County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 28.6% (±21.0 points) | 19.9% | 13.5% | 12.6% |
| 15% to 19.9% | 11.4% (±13.5 points) | 11.8% | 12.2% | 12.2% |
| 20% to 24.9% | 0.0% (±24.5 points) | 8.6% | 12.4% | 12.6% |
| 25% to 29.9% | 4.8% (±7.2 points) | 10.6% | 11.5% | 11.5% |
| 30% to 34.9% | 20.0% (±18.0 points) | 14.0% | 9.0% | 9.2% |
| 35% or more | 35.2% (±19.8 points) | 35.1% | 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.
Lake Odessa against Ionia County, its state and the nation
| Lake Odessa | Ionia County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 55.2% (±26.8 points) | 49.1% (±6.2 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 35.2% (±19.8 points) | 35.1% (±4.7 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 31.3% (±7.2 points) | 29.6% (±2.3 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $31,012 (±$9,629) | $34,502 (±$4,197) | $42,352 (±$376) | $52,966 |
| Median gross rent | $770 (±$253) | $884 (±$64) | $1,129 (±$4) | $1,413 |
In Lake Odessa, the share of renters paying 30% or more of income is not measurably different from Ionia County (49.1%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Ionia County, Lake Odessa ranks 1 of 7 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 66 of 251.
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 Lake Odessa
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lake Odessa | — | 55.2% (±26.8 points) | — |
| Woodland | 3.9 mi | 43.2% (±32.8 points) | Not measurably different |
| Woodland Township | 3.9 mi | 25.9% (±16.3 points) | Not measurably different |
| Sebewa Township | 6.0 mi | 46.9% (±62.3 points) | Not measurably different |
| Campbell Township | 6.4 mi | 40.7% (±24.9 points) | Not measurably different |
| Clarksville | 6.7 mi | 48.9% (±36.7 points) | Not measurably different |
| Carlton Township | 7.1 mi | 46.7% (±86.6 points) | Not measurably different |
| Sunfield Township | 7.2 mi | 27.3% (±28.2 points) | Not measurably different |
| Sunfield | 7.4 mi | 31.3% (±34.1 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
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 Ionia County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | Lake Odessa | 55.2% (±26.8 points) |
| 2 | Clarksville | 48.9% (±36.7 points) |
| 3 | Saranac | 48.0% (±16.3 points) |
| 4 | Muir | 41.3% (±20.5 points) |
| 5 | Pewamo | 38.5% (±37.6 points) |
| 6 | Lyons | 20.0% (±40.8 points) |
| 7 | Hubbardston | 0.0% (±141.4 points) |
Lake Odessa lies inside Odessa Township, whose figures include it, so it is ranked only against places like it.
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 Lake Odessa
Are renters in Lake Odessa rent-burdened?
55.2% of renting households in Lake Odessa 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 Lake Odessa spend on rent?
The median renting household in Lake Odessa, MI spends 31.3% (±7.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Odessa village, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lake Odessa village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Odessa village, 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 Lake Odessa village, Michigan (place:44880, in state:26).
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
- Housing in Lake Odessa at a glance
- Median rent in Lake Odessa
- Renters and owners in Lake Odessa
- Income and affordability in Lake Odessa
- Home values in Lake Odessa
- Homeowner costs in Lake Odessa
- Property taxes in Lake Odessa
- Types of homes in Lake Odessa
- Bedrooms in Lake Odessa
- Age of homes in Lake Odessa
- Heating fuel in Lake Odessa
- Commute and cars in Lake Odessa
- Population growth in Lake Odessa
- How long people stay in Lake Odessa
- Michigan landlord and tenant rules
- Housing across Ionia County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan