How many renters in Laurium, MI pay more than 30% of their income on rent?
50.6% (±23.2 points) of renting households in Laurium, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
47.6% spend 35% or more.
The median renting household spends 31.0% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 50.6% (±23.2 points)
- Paying 35% or more
- 47.6% (±22.7 points)
- Median share of income
- 31.0% (±13.2 points)
Rent as a share of income in Laurium
| Share of income spent on rent | Laurium | Houghton County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 17.5% (±19.9 points) | 14.6% | 13.5% | 12.6% |
| 15% to 19.9% | 14.5% (±11.5 points) | 5.4% | 12.2% | 12.2% |
| 20% to 24.9% | 5.4% (±7.9 points) | 9.9% | 12.4% | 12.6% |
| 25% to 29.9% | 12.0% (±17.5 points) | 13.4% | 11.5% | 11.5% |
| 30% to 34.9% | 3.0% (±4.8 points) | 9.9% | 9.0% | 9.2% |
| 35% or more | 47.6% (±22.7 points) | 46.7% | 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.
Laurium against Houghton County, its state and the nation
| Laurium | Houghton County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 50.6% (±23.2 points) | 56.6% (±8.4 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 47.6% (±22.7 points) | 46.7% (±7.0 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 31.0% (±13.2 points) | 33.3% (±3.5 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $33,011 (±$13,736) | $32,103 (±$3,944) | $42,352 (±$376) | $52,966 |
| Median gross rent | $808 (±$478) | $840 (±$73) | $1,129 (±$4) | $1,413 |
In Laurium, the share of renters paying 30% or more of income is not measurably different from Houghton County (56.6%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Houghton County, Laurium ranks 2 of 5 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 80 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 Laurium
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Laurium | — | 50.6% (±23.2 points) | — |
| Calumet | 1.1 mi | 49.4% (±12.2 points) | Not measurably different |
| Lake Linden | 3.1 mi | 35.6% (±16.4 points) | Not measurably different |
| Osceola Township (Houghton County) | 3.6 mi | 51.0% (±51.2 points) | Not measurably different |
| Copper City | 4.1 mi | 42.9% (±65.0 points) | Not measurably different |
| Ahmeek | 4.8 mi | 100.0% (±141.4 points) | Not measurably different |
| Franklin Township (Houghton County) | 6.9 mi | 47.2% (±20.7 points) | Not measurably different |
| Schoolcraft Township (Houghton County) | 7.4 mi | 31.0% (±14.4 points) | Not measurably different |
| Dollar Bay | 8.1 mi | 57.5% (±55.8 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 Houghton County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 1 | South Range | 58.6% (±30.2 points) |
| 2 | Laurium | 50.6% (±23.2 points) |
| 3 | Calumet | 49.4% (±12.2 points) |
| 4 | Copper City | 42.9% (±65.0 points) |
| 5 | Lake Linden | 35.6% (±16.4 points) |
Laurium lies inside Calumet 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.
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Questions about Laurium
Are renters in Laurium rent-burdened?
50.6% of renting households in Laurium 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 Laurium spend on rent?
The median renting household in Laurium, MI spends 31.0% (±13.2 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Laurium village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Laurium 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 Laurium village, Michigan (place:46360, 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 Laurium at a glance
- Renters and owners in Laurium
- Income and affordability in Laurium
- Home values in Laurium
- Homeowner costs in Laurium
- Property taxes in Laurium
- Types of homes in Laurium
- Bedrooms in Laurium
- Age of homes in Laurium
- Heating fuel in Laurium
- Commute and cars in Laurium
- Crime reported to police in Laurium
- Population growth in Laurium
- How long people stay in Laurium
- Michigan landlord and tenant rules
- Housing across Houghton County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan