What percentage of people rent in Owosso Charter Township, MI?
13.3% (±5.2 points) of the occupied homes in Owosso Charter Township, MI are rented (2020–2024 American Community Survey).
That is 254 renting households against 1,658 that own their home.
In Owosso Charter Township, the share of households that rent went from 25.4% in 2015–2019 to 13.3% in 2020–2024 (−12.1 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 13.3% (±5.2 points)
- Renting households
- 254 (±99)
- Median renter income
- $61,222 (±$36,013)
Who rents and who owns in Owosso Charter Township
| Owosso Charter Township | Shiawassee County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.3% (±5.2 points) | 19.9% (±1.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 254 (±99) | 5,590 (±393) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 1,658 (±179) | 22,536 (±496) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 2.1 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $61,222 (±$36,013) | $37,488 (±$2,828) | $42,352 (±$376) | $52,966 |
| Median owner household income | $55,568 (±$17,973) | $76,790 (±$3,325) | $87,130 (±$344) | $100,009 |
In Owosso Charter Township, the renter share is lower than in Shiawassee County (19.9%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Shiawassee County, Owosso Charter Township ranks 8 of 21 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 651 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Owosso Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 25.4% (±7.0 points) | 13.3% (±5.2 points) | −12.1 percentage points | Measurable decrease |
| Median gross rent | $574 (±$72) | $973 (±$80) | +69.5% | Up after inflation |
| Median household income | $50,907 (±$9,485) | $56,818 (±$13,395) | +11.6% | 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 Owosso Charter Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Owosso Charter Township | — | 13.3% (±5.2 points) | — |
| Owosso | 3.2 mi | 31.7% (±3.7 points) | Higher |
| Middlebury Township | 4.0 mi | 9.5% (±4.0 points) | Not measurably different |
| Rush Township | 5.9 mi | 12.7% (±6.2 points) | Not measurably different |
| Bennington Township | 6.3 mi | 4.6% (±4.7 points) | Lower |
| Corunna | 6.3 mi | 45.7% (±7.3 points) | Higher |
| Caledonia Charter Township | 6.9 mi | 21.2% (±6.2 points) | Not measurably different |
| Ovid | 6.9 mi | 34.2% (±10.0 points) | Higher |
| Fairfield Township (Shiawassee County) | 7.5 mi | 13.2% (±8.0 points) | Not measurably different |
Nearby places with a measurably lower figure: Bennington Township, MI (4.6%).
Nearby places with a measurably higher figure: Owosso, MI (31.7%), Corunna, MI (45.7%), Ovid, MI (34.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Shiawassee County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 2 | Perry | 38.7% (±9.5 points) |
| 3 | Owosso | 31.7% (±3.7 points) |
| 4 | Laingsburg | 31.3% (±12.4 points) |
| 5 | Durand | 27.7% (±7.1 points) |
| 6 | Caledonia Charter Township | 21.2% (±6.2 points) |
| 7 | Hazelton Township | 17.6% (±5.1 points) |
| 8 | Owosso Charter Township | 13.3% (±5.2 points) |
| 9 | Fairfield Township (Shiawassee County) | 13.2% (±8.0 points) |
| 10 | Rush Township | 12.7% (±6.2 points) |
| 11 | Venice Township | 12.6% (±6.4 points) |
| 12 | Woodhull Township | 12.1% (±6.9 points) |
| 13 | Shiawassee Township | 11.5% (±4.7 points) |
| 14 | Perry Township | 10.5% (±4.4 points) |
Showing 13 of 21 places in Shiawassee 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.
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Questions about Owosso Charter Township
How many renters are there in Owosso Charter Township?
Owosso Charter Township has an estimated 254 (±99) renting households, 13.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Owosso Charter Township?
In Owosso Charter Township, the share of households that rent went from 25.4% in 2015–2019 to 13.3% in 2020–2024 (−12.1 percentage points), a measurable decrease.
How big are renting households in Owosso Charter Township?
A renting household in Owosso Charter Township has 2.0 people on average, against 2.6 in an owned home.
How much do renters earn in Owosso Charter Township?
The median renting household in Owosso Charter Township, MI has an income of $61,222 (±$36,013) a year, against $55,568 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Owosso charter township, Shiawassee County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Owosso charter township, Shiawassee 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 Owosso charter township, Shiawassee County, Michigan (county subdivision:61960, in state:26 county:155).
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 Owosso Charter Township at a glance
- Median rent in Owosso Charter Township
- Income and affordability in Owosso Charter Township
- Home values in Owosso Charter Township
- Homeowner costs in Owosso Charter Township
- Property taxes in Owosso Charter Township
- Types of homes in Owosso Charter Township
- Bedrooms in Owosso Charter Township
- Age of homes in Owosso Charter Township
- Heating fuel in Owosso Charter Township
- Commute and cars in Owosso Charter Township
- Population growth in Owosso Charter Township
- How long people stay in Owosso Charter Township
- Michigan landlord and tenant rules
- Housing across Shiawassee County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan