What percentage of people rent in Lakeview, MI?
34.2% (±11.0 points) of the occupied homes in Lakeview, MI are rented (2020–2024 American Community Survey).
That is 139 renting households against 268 that own their home.
In Lakeview, the share of households that rent went from 40.2% in 2015–2019 to 34.2% in 2020–2024 (−6.0 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 34.2% (±11.0 points)
- Renting households
- 139 (±47)
- Median renter income
- $25,987 (±$3,222)
Who rents and who owns in Lakeview
| Lakeview | Montcalm County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 34.2% (±11.0 points) | 16.9% (±1.6 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 139 (±47) | 4,131 (±418) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 268 (±84) | 20,380 (±444) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.2 (±1.0) | 2.3 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.5) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $25,987 (±$3,222) | $35,966 (±$4,514) | $42,352 (±$376) | $52,966 |
| Median owner household income | $52,188 (±$18,597) | $73,665 (±$2,023) | $87,130 (±$344) | $100,009 |
In Lakeview, the renter share is higher than in Montcalm County (16.9%).
It is not measurably different from Michigan (26.8%).
It is not measurably different from the national figure (34.8%).
In Montcalm County, Lakeview ranks 1 of 6 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 36 of 253.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lakeview has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 40.2% (±8.2 points) | 34.2% (±11.0 points) | −6.0 percentage points | Not a measurable change |
| Median gross rent | $471 (±$181) | $496 (±$229) | +5.3% | No measurable change after inflation |
| Median household income | $31,776 (±$4,103) | $33,631 (±$9,722) | +5.8% | 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 Lakeview
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lakeview | — | 34.2% (±11.0 points) | — |
| Hinton Township | 4.0 mi | 8.7% (±4.3 points) | Lower |
| Winfield Township | 5.6 mi | 4.5% (±3.2 points) | Lower |
| Belvidere Township | 6.3 mi | 11.6% (±4.4 points) | Lower |
| Pine Township | 6.8 mi | 11.2% (±5.7 points) | Lower |
| Millbrook Township | 7.5 mi | 14.0% (±6.3 points) | Lower |
| Deerfield Township (Mecosta County) | 7.5 mi | 17.1% (±9.1 points) | Lower |
| Douglass Township | 9.1 mi | 9.9% (±5.3 points) | Lower |
| Maple Valley Township (Montcalm County) | 9.3 mi | 6.2% (±2.5 points) | Lower |
Nearby places with a measurably lower figure: Hinton Township, MI (8.7%), Winfield Township, MI (4.5%), Belvidere Township, MI (11.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Montcalm County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Lakeview | 34.2% (±11.0 points) |
| 2 | Edmore | 25.1% (±9.2 points) |
| 3 | Howard City | 22.5% (±7.0 points) |
| 4 | Pierson | 22.2% (±20.0 points) |
| 5 | McBride | 14.8% (±11.9 points) |
| 6 | Sheridan | 14.5% (±7.6 points) |
Lakeview lies inside Cato Township, whose figures include it, so it is ranked only against places like it.
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 Lakeview
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Questions about Lakeview
How many renters are there in Lakeview?
Lakeview has an estimated 139 (±47) renting households, 34.2% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lakeview?
In Lakeview, the share of households that rent went from 40.2% in 2015–2019 to 34.2% in 2020–2024 (−6.0 percentage points), not a measurable change.
How big are renting households in Lakeview?
A renting household in Lakeview has 2.2 people on average, against 2.5 in an owned home.
How much do renters earn in Lakeview?
The median renting household in Lakeview, MI has an income of $25,987 (±$3,222) a year, against $52,188 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakeview village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakeview village, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lakeview village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakeview village, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakeview village, 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 Lakeview village, Michigan (place:45240, in state:26).
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 Lakeview at a glance
- Median rent in Lakeview
- Income and affordability in Lakeview
- Home values in Lakeview
- Homeowner costs in Lakeview
- Property taxes in Lakeview
- Types of homes in Lakeview
- Bedrooms in Lakeview
- Age of homes in Lakeview
- Heating fuel in Lakeview
- Commute and cars in Lakeview
- Crime reported to police in Lakeview
- Population growth in Lakeview
- Michigan landlord and tenant rules
- Housing across Montcalm County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan