What percentage of people rent in Lake Township (Missaukee County), MI?

11.9% (±4.8 points) of the occupied homes in Lake Township (Missaukee County), MI are rented (2020–2024 American Community Survey).

That is 150 renting households against 1,107 that own their home.

In Lake Township (Missaukee County), the share of households that rent went from 20.7% in 2015–2019 to 11.9% in 2020–2024 (−8.8 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
11.9% (±4.8 points)
Renting households
150 (±65)
Median renter income
$35,625 (±$18,326)

Who rents and who owns in Lake Township (Missaukee County)

Tenure, estimate (90% margin of error)
Lake Township (Missaukee County)Missaukee CountyMichiganUnited States
Renter-occupied share11.9% (±4.8 points)15.1% (±1.6 points)26.8% (±0.2 points)34.8%
Renting households150 (±65)894 (±95)1,092,179 (±7,674)45,017,354
Owning households1,107 (±101)5,015 (±183)2,984,190 (±12,886)84,210,142
Average renter household size1.9 (±0.4)2.4 (±0.2)2.1 (±0.0)2.3
Average owner household size2.3 (±0.2)2.6 (±0.1)2.5 (±0.0)2.6
Median renter household income$35,625 (±$18,326)$35,909 (±$2,692)$42,352 (±$376)$52,966
Median owner household income$77,831 (±$5,509)$72,458 (±$3,185)$87,130 (±$344)$100,009

In Lake Township (Missaukee County), the renter share is not measurably different from Missaukee County (15.1%).

It is also lower than in Michigan (26.8%).

It is lower than the national figure (34.8%).

In Missaukee County, Lake Township (Missaukee County) ranks 12 of 17 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 753 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Lake Township (Missaukee County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.7% (±5.8 points)11.9% (±4.8 points)−8.8 percentage pointsMeasurable decrease
Median gross rent$817 (±$90)$800 (±$122)−2.1%Down after inflation
Median household income$51,528 (±$2,851)$72,917 (±$6,076)+41.5%Up 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 Lake Township (Missaukee County)

Nearest places with a published estimate, compared with Lake Township (Missaukee County)
PlaceDistanceHouseholds that rentCompared with this place
Lake Township (Missaukee County)—11.9% (±4.8 points)—
Lake City4.3 mi15.4% (±6.8 points)Not measurably different
Caldwell Township5.0 mi15.5% (±6.4 points)Not measurably different
Haring Charter Township5.6 mi15.5% (±6.4 points)Not measurably different
Richland Township (Missaukee County)6.3 mi10.1% (±4.7 points)Not measurably different
Reeder Township6.8 mi12.3% (±6.1 points)Not measurably different
Cedar Creek Township (Wexford County)8.0 mi8.4% (±4.0 points)Not measurably different
McBain8.1 mi37.9% (±10.8 points)Higher
Cadillac8.2 mi31.2% (±4.5 points)Higher

Nearby places with a measurably higher figure: McBain, MI (37.9%), Cadillac, MI (31.2%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Missaukee County, place by place

RankPlaceHouseholds that rent
6Lake City15.4% (±6.8 points)
7Pioneer Township13.4% (±7.4 points)
8West Branch Township (Missaukee County)13.2% (±7.6 points)
9Norwich Township (Missaukee County)12.8% (±6.3 points)
10 (tie)Clam Union Township12.3% (±7.4 points)
10 (tie)Reeder Township12.3% (±6.1 points)
12Lake Township (Missaukee County)11.9% (±4.8 points)
13Riverside Township10.8% (±5.9 points)
14Bloomfield Township (Missaukee County)10.7% (±6.3 points)
15Richland Township (Missaukee County)10.1% (±4.7 points)
16Aetna Township (Missaukee County)8.5% (±4.9 points)
17Holland Township5.5% (±4.9 points)

Showing 12 of 17 places in Missaukee 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.

What you can do on Seayora in Lake Township (Missaukee County)

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Questions about Lake Township (Missaukee County)

How many renters are there in Lake Township (Missaukee County)?

Lake Township (Missaukee County) has an estimated 150 (±65) renting households, 11.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lake Township (Missaukee County)?

In Lake Township (Missaukee County), the share of households that rent went from 20.7% in 2015–2019 to 11.9% in 2020–2024 (−8.8 percentage points), a measurable decrease.

How big are renting households in Lake Township (Missaukee County)?

A renting household in Lake Township (Missaukee County) has 1.9 people on average, against 2.3 in an owned home.

How much do renters earn in Lake Township (Missaukee County)?

The median renting household in Lake Township (Missaukee County), MI has an income of $35,625 (±$18,326) a year, against $77,831 for households that own their home.

Sources

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 township, Missaukee County, Michigan (county subdivision:44380, in state:26 county:113).

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.

Request a Census API 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 .

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