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
| Lyon Township | Roscommon County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 8.5% (±4.1 points) | 14.6% (±1.9 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 66 (±33) | 1,686 (±235) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 715 (±121) | 9,893 (±333) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.3 (±0.3) | 2.2 (±0.3) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 1.7 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 4.4% (±3.3 points) | 8.5% (±4.1 points) | +4.1 percentage points | Not 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lyon Township | — | 8.5% (±4.1 points) | — |
| Gerrish Township | 6.1 mi | 1.2% (±1.3 points) | Lower |
| Lake Township (Roscommon County) | 6.2 mi | 8.0% (±5.0 points) | Not measurably different |
| Beaver Creek Township | 7.5 mi | 5.8% (±3.7 points) | Not measurably different |
| Enterprise Township | 8.2 mi | 40.8% (±15.9 points) | Higher |
| Markey Township | 8.4 mi | 16.1% (±5.7 points) | Higher |
| Norwich Township (Missaukee County) | 9.2 mi | 12.8% (±6.3 points) | Not measurably different |
| Roscommon | 10 mi | 33.4% (±9.9 points) | Higher |
| Houghton Lake | 12 mi | 19.2% (±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
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Denton Township | 22.0% (±5.0 points) |
| 2 | Higgins Township | 20.4% (±6.3 points) |
| 3 | Roscommon Township | 16.4% (±4.9 points) |
| 4 | Markey Township | 16.1% (±5.7 points) |
| 5 | Backus Township | 15.9% (±11.8 points) |
| 6 | Richfield Township (Roscommon County) | 12.9% (±5.1 points) |
| 7 | Lyon Township | 8.5% (±4.1 points) |
| 8 | Lake Township (Roscommon County) | 8.0% (±5.0 points) |
| 9 | Au Sable Township | 4.0% (±5.8 points) |
| 10 | Nester Township | 2.3% (±6.3 points) |
| 11 | Gerrish Township | 1.2% (±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
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 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 Township beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Lyon Township, and send estimates and invoices from your phone.
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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lyon township, Roscommon County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lyon township, Roscommon County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lyon township, Roscommon County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lyon township, Roscommon County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lyon township, Roscommon County, Michigan
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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.
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 .
Related
- Housing in Lyon Township at a glance
- Income and affordability in Lyon Township
- Home values in Lyon Township
- Homeowner costs in Lyon Township
- Property taxes in Lyon Township
- Types of homes in Lyon Township
- Bedrooms in Lyon Township
- Age of homes in Lyon Township
- Heating fuel in Lyon Township
- Commute and cars in Lyon Township
- Population growth in Lyon Township
- How long people stay in Lyon Township
- Michigan landlord and tenant rules
- Housing across Roscommon County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan