What percentage of people rent in Laketon Township, MI?

Name: Renters and owners in Laketon Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

5.6% (±2.5 points) of the occupied homes in Laketon Township, MI are rented (2020–2024 American Community Survey).

That is 159 renting households against 2,688 that own their home.

In Laketon Township, the share of households that rent went from 8.6% in 2015–2019 to 5.6% in 2020–2024 (−3.0 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 5.6% (±2.5 points)
Renting households: 159 (±75)
Median renter income: $64,904 (±$38,668)

Who rents and who owns in Laketon Township

Tenure, estimate (90% margin of error)
	Laketon Township	Muskegon County	Michigan	United States
Renter-occupied share	5.6% (±2.5 points)	21.9% (±1.2 points)	26.8% (±0.2 points)	34.8%
Renting households	159 (±75)	14,861 (±835)	1,092,179 (±7,674)	45,017,354
Owning households	2,688 (±172)	52,871 (±933)	2,984,190 (±12,886)	84,210,142
Average renter household size	2.5 (±1.0)	2.3 (±0.1)	2.1 (±0.0)	2.3
Average owner household size	2.7 (±0.2)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$64,904 (±$38,668)	$34,726 (±$2,680)	$42,352 (±$376)	$52,966
Median owner household income	$99,746 (±$9,451)	$75,394 (±$2,237)	$87,130 (±$344)	$100,009

In Laketon Township, the renter share is lower than in Muskegon County (21.9%).

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

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

In Muskegon County, Laketon Township ranks 18 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1240 of 1,520.

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

How renting in Laketon Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	8.6% (±3.2 points)	5.6% (±2.5 points)	−3.0 percentage points	Not a measurable change
Median gross rent	$903 (±$142)	$1,134 (±$190)	+25.6%	No measurable change after inflation
Median household income	$67,222 (±$6,111)	$98,114 (±$9,696)	+46.0%	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 Laketon Township

Nearest places with a published estimate, compared with Laketon Township
Place	Distance	Households that rent	Compared with this place
Laketon Township	—	5.6% (±2.5 points)	—
North Muskegon	2.7 mi	20.9% (±10.2 points)	Higher
Muskegon	4.3 mi	46.9% (±3.4 points)	Higher
Fruitland Township	5.2 mi	3.3% (±2.0 points)	Not measurably different
Roosevelt Park	5.5 mi	34.4% (±7.1 points)	Higher
Muskegon Charter Township	6.0 mi	15.1% (±3.9 points)	Higher
Muskegon Heights	6.1 mi	55.1% (±6.4 points)	Higher
Dalton Township	6.9 mi	6.9% (±4.9 points)	Not measurably different
Lakewood Club	7.9 mi	10.1% (±11.8 points)	Not measurably different

Nearby places with a measurably higher figure: North Muskegon, MI (20.9%), Muskegon, MI (46.9%), Roosevelt Park, MI (34.4%).

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

Households that rent across Muskegon County, place by place

Rank	Place	Households that rent
12	Holton Township	9.7% (±5.2 points)
13	Cedar Creek Township (Muskegon County)	8.2% (±4.5 points)
14	Casnovia Township	7.9% (±3.9 points)
15	Dalton Township	6.9% (±4.9 points)
16	Whitehall Township	6.3% (±3.6 points)
17 (tie)	Egelston Township	5.6% (±3.0 points)
17 (tie)	Laketon Township	5.6% (±2.5 points)
17 (tie)	White River Township	5.6% (±4.4 points)
20	Sullivan Township	4.4% (±3.0 points)
21	Montague Township	3.8% (±3.6 points)
22	Fruitland Township	3.3% (±2.0 points)
23	Moorland Township	1.0% (±1.1 points)

Showing 12 of 23 places in Muskegon 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 Laketon Township

How many renters are there in Laketon Township?

Laketon Township has an estimated 159 (±75) renting households, 5.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Laketon Township?

In Laketon Township, the share of households that rent went from 8.6% in 2015–2019 to 5.6% in 2020–2024 (−3.0 percentage points), not a measurable change.

How big are renting households in Laketon Township?

A renting household in Laketon Township has 2.5 people on average, against 2.7 in an owned home.

How much do renters earn in Laketon Township?

The median renting household in Laketon Township, MI has an income of $64,904 (±$38,668) a year, against $99,746 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 Laketon township, Muskegon County, Michigan (county subdivision:45160, in state:26 county:121).

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.