What percentage of people rent in Monroe Charter Township, MI?
20.0% (±3.3 points) of the occupied homes in Monroe Charter Township, MI are rented (2020–2024 American Community Survey).
That is 1,231 renting households against 4,930 that own their home.
In Monroe Charter Township, the share of households that rent went from 23.5% in 2015–2019 to 20.0% in 2020–2024 (−3.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 20.0% (±3.3 points)
- Renting households
- 1,231 (±212)
- Median renter income
- $30,551 (±$3,645)
Who rents and who owns in Monroe Charter Township
| Monroe Charter Township | Monroe County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 20.0% (±3.3 points) | 18.3% (±1.1 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 1,231 (±212) | 11,527 (±703) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 4,930 (±276) | 51,502 (±807) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.1) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $30,551 (±$3,645) | $40,700 (±$3,649) | $42,352 (±$376) | $52,966 |
| Median owner household income | $80,426 (±$11,570) | $87,500 (±$3,357) | $87,130 (±$344) | $100,009 |
In Monroe Charter Township, the renter share is not measurably different from Monroe County (18.3%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Monroe County, Monroe Charter Township ranks 4 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 378 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Monroe Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.5% (±2.9 points) | 20.0% (±3.3 points) | −3.5 percentage points | Not a measurable change |
| Median gross rent | $792 (±$60) | $1,021 (±$102) | +28.9% | No measurable change after inflation |
| Median household income | $54,789 (±$3,189) | $66,909 (±$7,911) | +22.1% | 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 Monroe Charter Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Monroe Charter Township | — | 20.0% (±3.3 points) | — |
| Monroe | 2.6 mi | 30.7% (±3.7 points) | Higher |
| La Salle Township | 3.7 mi | 12.2% (±7.4 points) | Not measurably different |
| Detroit Beach | 5.6 mi | 4.7% (±5.4 points) | Lower |
| Frenchtown Township | 5.8 mi | 25.9% (±4.0 points) | Higher |
| Raisinville Township | 6.1 mi | 3.7% (±2.9 points) | Lower |
| Luna Pier | 6.3 mi | 16.8% (±5.5 points) | Not measurably different |
| Woodland Beach | 6.6 mi | 3.5% (±5.1 points) | Lower |
| Ida | 7.2 mi | 8.0% (±8.5 points) | Lower |
Nearby places with a measurably lower figure: Detroit Beach, MI (4.7%), Raisinville Township, MI (3.7%), Woodland Beach, MI (3.5%).
Nearby places with a measurably higher figure: Monroe, MI (30.7%), Frenchtown Township, MI (25.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monroe County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Monroe | 30.7% (±3.7 points) |
| 2 | Dundee Township | 29.9% (±6.9 points) |
| 3 | Frenchtown Township | 25.9% (±4.0 points) |
| 4 | Monroe Charter Township | 20.0% (±3.3 points) |
| 5 | Petersburg | 19.1% (±6.6 points) |
| 6 | Luna Pier | 16.8% (±5.5 points) |
| 7 | Whiteford Township | 15.6% (±6.4 points) |
| 8 | Berlin Charter Township | 13.5% (±3.0 points) |
| 9 | Bedford Township | 12.7% (±2.2 points) |
| 10 | La Salle Township | 12.2% (±7.4 points) |
Showing 10 of 18 places in Monroe County, ranked from highest to lowest.
The figures for Monroe Charter Township include the places inside it that have pages of their own: South Monroe, West Monroe.
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 Monroe 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 Monroe 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 Monroe Charter Township beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Monroe Charter Township, and send estimates and invoices from your phone.
Questions about Monroe Charter Township
How many renters are there in Monroe Charter Township?
Monroe Charter Township has an estimated 1,231 (±212) renting households, 20.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Monroe Charter Township?
In Monroe Charter Township, the share of households that rent went from 23.5% in 2015–2019 to 20.0% in 2020–2024 (−3.5 percentage points), not a measurable change.
How big are renting households in Monroe Charter Township?
A renting household in Monroe Charter Township has 2.0 people on average, against 2.4 in an owned home.
How much do renters earn in Monroe Charter Township?
The median renting household in Monroe Charter Township, MI has an income of $30,551 (±$3,645) a year, against $80,426 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Monroe charter township, Monroe County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Monroe charter township, Monroe County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Monroe charter township, Monroe County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Monroe charter township, Monroe County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Monroe charter township, Monroe 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 Monroe charter township, Monroe County, Michigan (county subdivision:55040, in state:26 county:115).
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 Monroe Charter Township at a glance
- Median rent in Monroe Charter Township
- Rent by bedrooms in Monroe Charter Township
- Rent burden in Monroe Charter Township
- Income and affordability in Monroe Charter Township
- Home values in Monroe Charter Township
- Homeowner costs in Monroe Charter Township
- Property taxes in Monroe Charter Township
- Types of homes in Monroe Charter Township
- Bedrooms in Monroe Charter Township
- Age of homes in Monroe Charter Township
- Heating fuel in Monroe Charter Township
- Commute and cars in Monroe Charter Township
- Population growth in Monroe Charter Township
- How long people stay in Monroe Charter Township
- Crowding and facilities in Monroe Charter Township
- Michigan landlord and tenant rules
- Housing across Monroe County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan