What percentage of people rent in Markey Township, MI?
16.1% (±5.7 points) of the occupied homes in Markey Township, MI are rented (2020–2024 American Community Survey).
That is 184 renting households against 957 that own their home.
In Markey Township, the share of households that rent went from 16.9% in 2015–2019 to 16.1% in 2020–2024 (−0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 16.1% (±5.7 points)
- Renting households
- 184 (±73)
- Median renter income
- $28,611 (±$15,178)
Who rents and who owns in Markey Township
| Markey Township | Roscommon County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 16.1% (±5.7 points) | 14.6% (±1.9 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 184 (±73) | 1,686 (±235) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 957 (±109) | 9,893 (±333) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.2 (±0.6) | 2.2 (±0.3) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 1.9 (±0.1) | 2.0 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $28,611 (±$15,178) | $33,069 (±$5,359) | $42,352 (±$376) | $52,966 |
| Median owner household income | $57,094 (±$5,732) | $62,062 (±$3,102) | $87,130 (±$344) | $100,009 |
In Markey Township, the renter share is not measurably different from 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, Markey Township ranks 4 of 11 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 510 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Markey Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 16.9% (±4.6 points) | 16.1% (±5.7 points) | −0.8 percentage points | Not a measurable change |
| Median gross rent | $768 (±$71) | $839 (±$45) | +9.2% | Down after inflation |
| Median household income | $43,583 (±$6,983) | $51,587 (±$10,010) | +18.4% | 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 Markey Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Markey Township | — | 16.1% (±5.7 points) | — |
| Prudenville | 5.4 mi | 32.6% (±14.7 points) | Higher |
| Higgins Township | 6.0 mi | 20.4% (±6.3 points) | Not measurably different |
| Lake Township (Roscommon County) | 6.2 mi | 8.0% (±5.0 points) | Lower |
| Gerrish Township | 6.4 mi | 1.2% (±1.3 points) | Lower |
| Houghton Lake | 6.6 mi | 19.2% (±4.7 points) | Not measurably different |
| Denton Township | 6.6 mi | 22.0% (±5.0 points) | Not measurably different |
| Lyon Township | 8.4 mi | 8.5% (±4.1 points) | Lower |
| Roscommon | 8.6 mi | 33.4% (±9.9 points) | Higher |
Nearby places with a measurably lower figure: Lake Township (Roscommon County), MI (8.0%), Gerrish Township, MI (1.2%), Lyon Township, MI (8.5%).
Nearby places with a measurably higher figure: Prudenville, MI (32.6%), 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) |
Showing 10 of 11 places in Roscommon 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 Markey Township
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Questions about Markey Township
How many renters are there in Markey Township?
Markey Township has an estimated 184 (±73) renting households, 16.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Markey Township?
In Markey Township, the share of households that rent went from 16.9% in 2015–2019 to 16.1% in 2020–2024 (−0.8 percentage points), not a measurable change.
How big are renting households in Markey Township?
A renting household in Markey Township has 2.2 people on average, against 1.9 in an owned home.
How much do renters earn in Markey Township?
The median renting household in Markey Township, MI has an income of $28,611 (±$15,178) a year, against $57,094 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Markey township, Roscommon County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Markey township, Roscommon County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Markey township, Roscommon County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Markey township, Roscommon County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Markey 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 Markey township, Roscommon County, Michigan (county subdivision:51780, 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 Markey Township at a glance
- Median rent in Markey Township
- Rent burden in Markey Township
- Income and affordability in Markey Township
- Home values in Markey Township
- Homeowner costs in Markey Township
- Property taxes in Markey Township
- Types of homes in Markey Township
- Bedrooms in Markey Township
- Age of homes in Markey Township
- Heating fuel in Markey Township
- Commute and cars in Markey Township
- Population growth in Markey Township
- How long people stay in Markey Township
- Michigan landlord and tenant rules
- Housing across Roscommon County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan