What percentage of people rent in Laurium, MI?

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

24.2% (±7.6 points) of the occupied homes in Laurium, MI are rented (2020–2024 American Community Survey).

That is 183 renting households against 573 that own their home.

In Laurium, the share of households that rent went from 16.8% in 2015–2019 to 24.2% in 2020–2024 (+7.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 24.2% (±7.6 points)
Renting households: 183 (±73)
Median renter income: $33,011 (±$13,736)

Who rents and who owns in Laurium

Tenure, estimate (90% margin of error)
	Laurium	Houghton County	Michigan	United States
Renter-occupied share	24.2% (±7.6 points)	28.2% (±1.8 points)	26.8% (±0.2 points)	34.8%
Renting households	183 (±73)	4,034 (±316)	1,092,179 (±7,674)	45,017,354
Owning households	573 (±80)	10,271 (±267)	2,984,190 (±12,886)	84,210,142
Average renter household size	1.6 (±0.4)	1.8 (±0.1)	2.1 (±0.0)	2.3
Average owner household size	2.1 (±0.2)	2.5 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$33,011 (±$13,736)	$32,103 (±$3,944)	$42,352 (±$376)	$52,966
Median owner household income	$70,250 (±$14,123)	$77,761 (±$3,131)	$87,130 (±$344)	$100,009

In Laurium, the renter share is not measurably different from Houghton County (28.2%).

It is not measurably different from Michigan (26.8%).

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

In Houghton County, Laurium ranks 4 of 5 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 110 of 253.

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

How renting in Laurium 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	16.8% (±5.9 points)	24.2% (±7.6 points)	+7.4 percentage points	Not a measurable change
Median gross rent	$525 (±$33)	$808 (±$478)	+53.9%	No measurable change after inflation
Median household income	$40,125 (±$10,519)	$54,167 (±$16,424)	+35.0%	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 Laurium

Nearest places with a published estimate, compared with Laurium
Place	Distance	Households that rent	Compared with this place
Laurium	—	24.2% (±7.6 points)	—
Calumet	1.1 mi	73.0% (±7.8 points)	Higher
Lake Linden	3.1 mi	40.5% (±9.1 points)	Higher
Osceola Township (Houghton County)	3.6 mi	8.6% (±4.0 points)	Lower
Copper City	4.1 mi	9.9% (±9.5 points)	Lower
Ahmeek	4.8 mi	12.1% (±15.8 points)	Not measurably different
Franklin Township (Houghton County)	6.9 mi	19.2% (±5.1 points)	Not measurably different
Schoolcraft Township (Houghton County)	7.4 mi	27.4% (±7.0 points)	Not measurably different
Hancock Township	7.7 mi	1.5% (±2.1 points)	Lower

Nearby places with a measurably lower figure: Osceola Township (Houghton County), MI (8.6%), Copper City, MI (9.9%), Hancock Township, MI (1.5%).

Nearby places with a measurably higher figure: Calumet, MI (73.0%), Lake Linden, MI (40.5%).

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

Households that rent across Houghton County, place by place

Rank	Place	Households that rent
1	Calumet	73.0% (±7.8 points)
2	Lake Linden	40.5% (±9.1 points)
3	South Range	27.7% (±11.4 points)
4	Laurium	24.2% (±7.6 points)
5	Copper City	9.9% (±9.5 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Laurium

How many renters are there in Laurium?

Laurium has an estimated 183 (±73) renting households, 24.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Laurium?

In Laurium, the share of households that rent went from 16.8% in 2015–2019 to 24.2% in 2020–2024 (+7.4 percentage points), not a measurable change.

How big are renting households in Laurium?

A renting household in Laurium has 1.6 people on average, against 2.1 in an owned home.

How much do renters earn in Laurium?

The median renting household in Laurium, MI has an income of $33,011 (±$13,736) a year, against $70,250 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 Laurium village, Michigan (place:46360, 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.

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.