What percentage of people rent in Lyon Charter Township, MI?

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

11.4% (±2.3 points) of the occupied homes in Lyon Charter Township, MI are rented (2020–2024 American Community Survey).

That is 976 renting households against 7,590 that own their home.

In Lyon Charter Township, the share of households that rent went from 14.8% in 2015–2019 to 11.4% in 2020–2024 (−3.4 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 11.4% (±2.3 points)
Renting households: 976 (±194)
Median renter income: $70,865 (±$19,845)

Who rents and who owns in Lyon Charter Township

Tenure, estimate (90% margin of error)
	Lyon Charter Township	Oakland County	Michigan	United States
Renter-occupied share	11.4% (±2.3 points)	27.3% (±0.4 points)	26.8% (±0.2 points)	34.8%
Renting households	976 (±194)	144,960 (±2,325)	1,092,179 (±7,674)	45,017,354
Owning households	7,590 (±376)	385,500 (±2,513)	2,984,190 (±12,886)	84,210,142
Average renter household size	2.1 (±0.3)	1.9 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	3.0 (±0.1)	2.6 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$70,865 (±$19,845)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median owner household income	$158,250 (±$10,415)	$118,600 (±$1,461)	$87,130 (±$344)	$100,009

In Lyon Charter Township, the renter share is lower than in Oakland County (27.3%).

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

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

In Oakland County, Lyon Charter Township ranks 37 of 50 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 781 of 1,520.

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

How renting in Lyon Charter 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	14.8% (±2.0 points)	11.4% (±2.3 points)	−3.4 percentage points	Measurable decrease
Median gross rent	$1,207 (±$144)	$1,726 (±$341)	+43.0%	No measurable change after inflation
Median household income	$117,308 (±$8,057)	$146,354 (±$9,435)	+24.8%	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 Lyon Charter Township

Nearest places with a published estimate, compared with Lyon Charter Township
Place	Distance	Households that rent	Compared with this place
Lyon Charter Township	—	11.4% (±2.3 points)	—
South Lyon	3.0 mi	18.8% (±3.6 points)	Higher
Wixom	4.6 mi	57.5% (±2.5 points)	Higher
Milford Charter Township	5.8 mi	15.3% (±3.0 points)	Higher
Novi	5.9 mi	33.7% (±2.3 points)	Higher
Novi Township	6.4 mi	1.2% (±2.9 points)	Lower
Salem Township (Washtenaw County)	6.5 mi	7.7% (±5.9 points)	Not measurably different
Green Oak Township	6.5 mi	8.5% (±3.2 points)	Not measurably different
Northville	6.7 mi	19.7% (±4.6 points)	Higher

Nearby places with a measurably lower figure: Novi Township, MI (1.2%).

Nearby places with a measurably higher figure: South Lyon, MI (18.8%), Wixom, MI (57.5%), Milford Charter Township, MI (15.3%).

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

Households that rent across Oakland County, place by place

Rank	Place	Households that rent
31	Bloomfield Hills	14.2% (±6.1 points)
32	Oxford Charter Township	13.4% (±2.8 points)
33	White Lake Charter Township	12.5% (±3.0 points)
34 (tie)	Berkley	12.1% (±2.4 points)
34 (tie)	Bloomfield Charter Township	12.1% (±2.0 points)
36	Commerce Charter Township	11.8% (±2.0 points)
37	Lyon Charter Township	11.4% (±2.3 points)
38	Groveland Township	10.6% (±4.7 points)
39	Highland Charter Township	10.1% (±3.2 points)
40	Lathrup Village	7.9% (±5.2 points)
41	Brandon Charter Township	6.1% (±2.5 points)
42	Oakland Charter Township	5.8% (±1.7 points)
43 (tie)	Pleasant Ridge	4.4% (±2.7 points)

Showing 13 of 50 places in Oakland 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.

What you can do on Seayora in Lyon Charter Township

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near Lyon Charter Township, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for Lyon Charter Township beside you.

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near Lyon Charter Township, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about Lyon Charter Township

How many renters are there in Lyon Charter Township?

Lyon Charter Township has an estimated 976 (±194) renting households, 11.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lyon Charter Township?

In Lyon Charter Township, the share of households that rent went from 14.8% in 2015–2019 to 11.4% in 2020–2024 (−3.4 percentage points), a measurable decrease.

How big are renting households in Lyon Charter Township?

A renting household in Lyon Charter Township has 2.1 people on average, against 3.0 in an owned home.

How much do renters earn in Lyon Charter Township?

The median renting household in Lyon Charter Township, MI has an income of $70,865 (±$19,845) a year, against $158,250 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 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 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.