How many renters in Lake Orion, MI pay more than 30% of their income on rent?
45.1% (±18.3 points) of renting households in Lake Orion, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
30.3% spend 35% or more.
The median renting household spends 29.1% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 45.1% (±18.3 points)
- Paying 35% or more
- 30.3% (±13.6 points)
- Median share of income
- 29.1% (±2.8 points)
Rent as a share of income in Lake Orion
| Share of income spent on rent | Lake Orion | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 11.2% (±10.0 points) | 15.2% | 13.5% | 12.6% |
| 15% to 19.9% | 4.5% (±5.6 points) | 14.4% | 12.2% | 12.2% |
| 20% to 24.9% | 10.9% (±7.5 points) | 13.5% | 12.4% | 12.6% |
| 25% to 29.9% | 28.2% (±14.2 points) | 12.0% | 11.5% | 11.5% |
| 30% to 34.9% | 14.8% (±12.2 points) | 8.1% | 9.0% | 9.2% |
| 35% or more | 30.3% (±13.6 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.
Lake Orion against Oakland County, its state and the nation
| Lake Orion | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 45.1% (±18.3 points) | 44.7% (±1.3 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 30.3% (±13.6 points) | 36.6% (±1.1 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 29.1% (±2.8 points) | 27.8% (±0.5 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $27,071 (±$8,749) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median gross rent | $798 (±$177) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
In Lake Orion, the share of renters paying 30% or more of income is not measurably different from Oakland County (44.7%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Oakland County, Lake Orion ranks 7 of 10 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 107 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 Orion
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lake Orion | — | 45.1% (±18.3 points) | — |
| Oxford | 2.7 mi | 78.5% (±14.9 points) | Higher |
| Oxford Charter Township | 4.9 mi | 62.4% (±12.8 points) | Not measurably different |
| Oakland Charter Township | 5.0 mi | 64.7% (±18.9 points) | Not measurably different |
| Addison Township | 6.0 mi | 78.4% (±49.8 points) | Not measurably different |
| Auburn Hills | 7.5 mi | 40.5% (±6.6 points) | Not measurably different |
| Leonard | 7.6 mi | 100.0% (±141.4 points) | Not measurably different |
| Independence Charter Township | 7.9 mi | 31.9% (±9.6 points) | Not measurably different |
| Brandon Charter Township | 8.8 mi | 53.3% (±26.0 points) | Not measurably different |
Nearby places with a measurably higher figure: Oxford, MI (78.5%).
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 |
|---|---|---|
| 1 (tie) | Bingham Farms | 100.0% (±111.7 points) |
| 1 (tie) | Franklin | 100.0% (±141.4 points) |
| 1 (tie) | Leonard | 100.0% (±141.4 points) |
| 4 | Oxford | 78.5% (±14.9 points) |
| 5 | Wolverine Lake | 62.8% (±24.0 points) |
| 6 | Milford | 47.5% (±15.2 points) |
| 7 | Lake Orion | 45.1% (±18.3 points) |
| 8 | Beverly Hills | 44.1% (±35.8 points) |
| 9 | Holly | 32.5% (±18.4 points) |
| 10 | Ortonville | 31.3% (±28.7 points) |
Lake Orion lies inside Orion Charter 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.
What you can do on Seayora in Lake Orion
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Lake Orion, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Lake Orion beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Lake Orion, and send estimates and invoices from your phone.
Questions about Lake Orion
Are renters in Lake Orion rent-burdened?
45.1% of renting households in Lake Orion 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 Orion spend on rent?
The median renting household in Lake Orion, MI spends 29.1% (±2.8 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lake Orion village, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lake Orion village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lake Orion 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 Orion village, Michigan (place:44940, 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 Orion at a glance
- Median rent in Lake Orion
- Renters and owners in Lake Orion
- Income and affordability in Lake Orion
- Home values in Lake Orion
- Homeowner costs in Lake Orion
- Property taxes in Lake Orion
- Types of homes in Lake Orion
- Bedrooms in Lake Orion
- Age of homes in Lake Orion
- Heating fuel in Lake Orion
- Commute and cars in Lake Orion
- Crime reported to police in Lake Orion
- Population growth in Lake Orion
- How long people stay in Lake Orion
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan