What percentage of people rent in Monitor Charter Township, MI?
9.4% (±3.3 points) of the occupied homes in Monitor Charter Township, MI are rented (2020–2024 American Community Survey).
That is 421 renting households against 4,052 that own their home.
In Monitor Charter Township, the share of households that rent went from 9.8% in 2015–2019 to 9.4% in 2020–2024 (−0.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 9.4% (±3.3 points)
- Renting households
- 421 (±150)
- Median renter income
- $44,712 (±$7,867)
Who rents and who owns in Monitor Charter Township
| Monitor Charter Township | Bay County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 9.4% (±3.3 points) | 23.0% (±1.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 421 (±150) | 10,358 (±666) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 4,052 (±254) | 34,745 (±755) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.6 (±0.6) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.1) | 2.4 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $44,712 (±$7,867) | $35,715 (±$3,064) | $42,352 (±$376) | $52,966 |
| Median owner household income | $82,830 (±$9,153) | $72,178 (±$3,521) | $87,130 (±$344) | $100,009 |
In Monitor Charter Township, the renter share is lower than in Bay County (23.0%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Bay County, Monitor Charter Township ranks 12 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 921 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Monitor Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 9.8% (±2.8 points) | 9.4% (±3.3 points) | −0.4 percentage points | Not a measurable change |
| Median gross rent | $813 (±$101) | $901 (±$144) | +10.8% | No measurable change after inflation |
| Median household income | $60,382 (±$5,438) | $76,563 (±$13,606) | +26.8% | 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 Monitor Charter Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Monitor Charter Township | — | 9.4% (±3.3 points) | — |
| Auburn | 4.3 mi | 23.6% (±6.7 points) | Higher |
| Frankenlust Township | 4.9 mi | 20.1% (±6.2 points) | Higher |
| Bay City | 5.2 mi | 29.9% (±3.0 points) | Higher |
| Bangor Charter Township | 5.6 mi | 27.3% (±3.9 points) | Higher |
| Williams Charter Township | 6.2 mi | 18.0% (±7.6 points) | Higher |
| Kawkawlin Township | 6.3 mi | 15.8% (±8.4 points) | Not measurably different |
| Kochville Township | 7.1 mi | 40.8% (±6.8 points) | Higher |
| Essexville | 7.4 mi | 5.5% (±3.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Auburn, MI (23.6%), Frankenlust Township, MI (20.1%), Bay City, MI (29.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Bay County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 6 | Frankenlust Township | 20.1% (±6.2 points) |
| 7 | Williams Charter Township | 18.0% (±7.6 points) |
| 8 | Kawkawlin Township | 15.8% (±8.4 points) |
| 9 | Portsmouth Charter Township | 12.0% (±6.6 points) |
| 10 | Beaver Township (Bay County) | 10.7% (±6.5 points) |
| 11 | Fraser Township | 9.9% (±6.5 points) |
| 12 | Monitor Charter Township | 9.4% (±3.3 points) |
| 13 | Pinconning Township | 9.0% (±5.1 points) |
| 14 | Merritt Township | 7.3% (±5.3 points) |
| 15 | Gibson Township | 6.7% (±3.3 points) |
| 16 | Mount Forest Township | 6.6% (±5.9 points) |
| 17 | Essexville | 5.5% (±3.5 points) |
| 18 | Garfield Township (Bay County) | 0.8% (±0.9 points) |
Showing 13 of 18 places in Bay 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 Monitor Charter Township
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Questions about Monitor Charter Township
How many renters are there in Monitor Charter Township?
Monitor Charter Township has an estimated 421 (±150) renting households, 9.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Monitor Charter Township?
In Monitor Charter Township, the share of households that rent went from 9.8% in 2015–2019 to 9.4% in 2020–2024 (−0.4 percentage points), not a measurable change.
How big are renting households in Monitor Charter Township?
A renting household in Monitor Charter Township has 2.6 people on average, against 2.3 in an owned home.
How much do renters earn in Monitor Charter Township?
The median renting household in Monitor Charter Township, MI has an income of $44,712 (±$7,867) a year, against $82,830 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monitor charter township, Bay County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monitor charter township, Bay County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monitor charter township, Bay County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monitor charter township, Bay County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monitor charter township, Bay 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 Monitor charter township, Bay County, Michigan (county subdivision:54980, in state:26 county:017).
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 Monitor Charter Township at a glance
- Median rent in Monitor Charter Township
- Rent by bedrooms in Monitor Charter Township
- Income and affordability in Monitor Charter Township
- Home values in Monitor Charter Township
- Homeowner costs in Monitor Charter Township
- Property taxes in Monitor Charter Township
- Types of homes in Monitor Charter Township
- Bedrooms in Monitor Charter Township
- Age of homes in Monitor Charter Township
- Heating fuel in Monitor Charter Township
- Commute and cars in Monitor Charter Township
- Population growth in Monitor Charter Township
- How long people stay in Monitor Charter Township
- Crowding and facilities in Monitor Charter Township
- Michigan landlord and tenant rules
- Housing across Bay County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan