What percentage of people rent in Lyon Township, MI?

8.5% (±4.1 points) of the occupied homes in Lyon Township, MI are rented (2020–2024 American Community Survey).

That is 66 renting households against 715 that own their home.

In Lyon Township, the share of households that rent went from 4.4% in 2015–2019 to 8.5% in 2020–2024 (+4.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
8.5% (±4.1 points)
Renting households
66 (±33)
Median renter income
$49,167 (±$10,251)

Who rents and who owns in Lyon Township

Tenure, estimate (90% margin of error)
Lyon TownshipRoscommon CountyMichiganUnited States
Renter-occupied share8.5% (±4.1 points)14.6% (±1.9 points)26.8% (±0.2 points)34.8%
Renting households66 (±33)1,686 (±235)1,092,179 (±7,674)45,017,354
Owning households715 (±121)9,893 (±333)2,984,190 (±12,886)84,210,142
Average renter household size1.3 (±0.3)2.2 (±0.3)2.1 (±0.0)2.3
Average owner household size1.7 (±0.2)2.0 (±0.1)2.5 (±0.0)2.6
Median renter household income$49,167 (±$10,251)$33,069 (±$5,359)$42,352 (±$376)$52,966
Median owner household income$75,246 (±$15,574)$62,062 (±$3,102)$87,130 (±$344)$100,009

In Lyon Township, the renter share is lower than in Roscommon County (14.6%).

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

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

In Roscommon County, Lyon Township ranks 7 of 11 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 997 of 1,520.

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

How renting in Lyon Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent4.4% (±3.3 points)8.5% (±4.1 points)+4.1 percentage pointsNot a measurable change
Median gross rent$1,048 (±$738)$867 (±$382)−17.3%No measurable change after inflation
Median household income$52,974 (±$3,989)$68,472 (±$14,942)+29.3%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 Township

Nearest places with a published estimate, compared with Lyon Township
PlaceDistanceHouseholds that rentCompared with this place
Lyon Township—8.5% (±4.1 points)—
Gerrish Township6.1 mi1.2% (±1.3 points)Lower
Lake Township (Roscommon County)6.2 mi8.0% (±5.0 points)Not measurably different
Beaver Creek Township7.5 mi5.8% (±3.7 points)Not measurably different
Enterprise Township8.2 mi40.8% (±15.9 points)Higher
Markey Township8.4 mi16.1% (±5.7 points)Higher
Norwich Township (Missaukee County)9.2 mi12.8% (±6.3 points)Not measurably different
Roscommon10 mi33.4% (±9.9 points)Higher
Houghton Lake12 mi19.2% (±4.7 points)Higher

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

Nearby places with a measurably higher figure: Enterprise Township, MI (40.8%), Markey Township, MI (16.1%), Roscommon, MI (33.4%).

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

Households that rent across Roscommon County, place by place

RankPlaceHouseholds that rent
1Denton Township22.0% (±5.0 points)
2Higgins Township20.4% (±6.3 points)
3Roscommon Township16.4% (±4.9 points)
4Markey Township16.1% (±5.7 points)
5Backus Township15.9% (±11.8 points)
6Richfield Township (Roscommon County)12.9% (±5.1 points)
7Lyon Township8.5% (±4.1 points)
8Lake Township (Roscommon County)8.0% (±5.0 points)
9Au Sable Township4.0% (±5.8 points)
10Nester Township2.3% (±6.3 points)
11Gerrish Township1.2% (±1.3 points)

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 Township

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Questions about Lyon Township

How many renters are there in Lyon Township?

Lyon Township has an estimated 66 (±33) renting households, 8.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lyon Township?

In Lyon Township, the share of households that rent went from 4.4% in 2015–2019 to 8.5% in 2020–2024 (+4.1 percentage points), not a measurable change.

How big are renting households in Lyon Township?

A renting household in Lyon Township has 1.3 people on average, against 1.7 in an owned home.

How much do renters earn in Lyon Township?

The median renting household in Lyon Township, MI has an income of $49,167 (±$10,251) a year, against $75,246 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 township, Roscommon County, Michigan (county subdivision:49840, in state:26 county:143).

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.

Figures last updated on .

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