How many renters in Lyon Charter Township, MI pay more than 30% of their income on rent?
49.6% (±16.1 points) of renting households in Lyon Charter Township, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
35.2% spend 35% or more.
The median renting household spends 29.9% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 49.6% (±16.1 points)
- Paying 35% or more
- 35.2% (±11.5 points)
- Median share of income
- 29.9% (±3.4 points)
Rent as a share of income in Lyon Charter Township
| Share of income spent on rent | Lyon Charter Township | Oakland County | Michigan | United States |
|---|---|---|---|---|
| Less than 15% | 7.8% (±5.8 points) | 15.2% | 13.5% | 12.6% |
| 15% to 19.9% | 11.4% (±7.9 points) | 14.4% | 12.2% | 12.2% |
| 20% to 24.9% | 11.9% (±6.0 points) | 13.5% | 12.4% | 12.6% |
| 25% to 29.9% | 19.3% (±11.5 points) | 12.0% | 11.5% | 11.5% |
| 30% to 34.9% | 14.4% (±11.3 points) | 8.1% | 9.0% | 9.2% |
| 35% or more | 35.2% (±11.5 points) | 36.6% | 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.
Lyon Charter Township against Oakland County, its state and the nation
| Lyon Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Paying 30% or more | 49.6% (±16.1 points) | 44.7% (±1.3 points) | 50.4% (±0.4 points) | 51.1% |
| Paying 35% or more | 35.2% (±11.5 points) | 36.6% (±1.1 points) | 41.4% (±0.4 points) | 41.9% |
| Median share of income | 29.9% (±3.4 points) | 27.8% (±0.5 points) | 30.2% (±0.3 points) | 30.6% |
| Median renter household income | $70,865 (±$19,845) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median gross rent | $1,726 (±$341) | $1,376 (±$14) | $1,129 (±$4) | $1,413 |
In Lyon Charter Township, the share of renters paying 30% or more of income is not measurably different from Oakland County (44.7%).
It is not measurably different from Michigan (50.4%).
It is not measurably different from the national figure (51.1%).
In Oakland County, Lyon Charter Township ranks 21 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 605 of 1,485.
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 Lyon Charter Township
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Lyon Charter Township | — | 49.6% (±16.1 points) | — |
| South Lyon | 3.0 mi | 40.3% (±15.1 points) | Not measurably different |
| Wixom | 4.6 mi | 43.4% (±8.0 points) | Not measurably different |
| Milford Charter Township | 5.8 mi | 56.9% (±17.1 points) | Not measurably different |
| Novi | 5.9 mi | 38.7% (±4.4 points) | Not measurably different |
| Novi Township | 6.4 mi | 0.0% (±141.4 points) | Not measurably different |
| Salem Township (Washtenaw County) | 6.5 mi | 23.5% (±35.0 points) | Not measurably different |
| Green Oak Township | 6.5 mi | 51.9% (±30.2 points) | Not measurably different |
| Northville | 6.7 mi | 33.0% (±12.0 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 Oakland County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 15 | Walled Lake | 55.0% (±14.9 points) |
| 16 | Southfield | 54.7% (±4.9 points) |
| 17 | Brandon Charter Township | 53.3% (±26.0 points) |
| 18 | Waterford Charter Township | 50.3% (±5.3 points) |
| 19 | Springfield Charter Township | 50.2% (±28.0 points) |
| 20 (tie) | Oak Park | 49.6% (±8.3 points) |
| 20 (tie) | Lyon Charter Township | 49.6% (±16.1 points) |
| 22 | Sylvan Lake | 49.4% (±23.8 points) |
| 23 | Southfield Township | 48.0% (±33.8 points) |
| 24 | Rochester | 46.5% (±9.6 points) |
| 25 | Holly Township | 46.0% (±18.7 points) |
| 26 | Wixom | 43.4% (±8.0 points) |
| 27 | Farmington Hills | 43.0% (±4.7 points) |
Showing 13 of 49 places in Oakland County, ranked from highest to lowest.
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 Lyon Charter Township
Are renters in Lyon Charter Township rent-burdened?
49.6% of renting households in Lyon Charter Township 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 Lyon Charter Township spend on rent?
The median renting household in Lyon Charter Township, MI spends 29.9% (±3.4 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lyon charter township, Oakland County, Michigan
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Lyon charter township, Oakland County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lyon charter township, Oakland County, 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 Lyon charter township, Oakland County, Michigan (county subdivision:49820, in state:26 county:125).
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
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- Renters and owners in Lyon Charter Township
- Income and affordability in Lyon Charter Township
- Home values in Lyon Charter Township
- Homeowner costs in Lyon Charter Township
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- Age of homes in Lyon Charter Township
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- Population growth in Lyon Charter Township
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- Fair Market Rent in Lyon Charter Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by rent burden
- Housing data for every place in Michigan