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

Tenure, estimate (90% margin of error)
Owosso Charter TownshipShiawassee CountyMichiganUnited States
Renter-occupied share13.3% (±5.2 points)19.9% (±1.4 points)26.8% (±0.2 points)34.8%
Renting households254 (±99)5,590 (±393)1,092,179 (±7,674)45,017,354
Owning households1,658 (±179)22,536 (±496)2,984,190 (±12,886)84,210,142
Average renter household size2.0 (±0.4)2.1 (±0.1)2.1 (±0.0)2.3
Average owner household size2.6 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent25.4% (±7.0 points)13.3% (±5.2 points)−12.1 percentage pointsMeasurable 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

Nearest places with a published estimate, compared with Owosso Charter Township
PlaceDistanceHouseholds that rentCompared with this place
Owosso Charter Township—13.3% (±5.2 points)—
Owosso3.2 mi31.7% (±3.7 points)Higher
Middlebury Township4.0 mi9.5% (±4.0 points)Not measurably different
Rush Township5.9 mi12.7% (±6.2 points)Not measurably different
Bennington Township6.3 mi4.6% (±4.7 points)Lower
Corunna6.3 mi45.7% (±7.3 points)Higher
Caledonia Charter Township6.9 mi21.2% (±6.2 points)Not measurably different
Ovid6.9 mi34.2% (±10.0 points)Higher
Fairfield Township (Shiawassee County)7.5 mi13.2% (±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

RankPlaceHouseholds that rent
2Perry38.7% (±9.5 points)
3Owosso31.7% (±3.7 points)
4Laingsburg31.3% (±12.4 points)
5Durand27.7% (±7.1 points)
6Caledonia Charter Township21.2% (±6.2 points)
7Hazelton Township17.6% (±5.1 points)
8Owosso Charter Township13.3% (±5.2 points)
9Fairfield Township (Shiawassee County)13.2% (±8.0 points)
10Rush Township12.7% (±6.2 points)
11Venice Township12.6% (±6.4 points)
12Woodhull Township12.1% (±6.9 points)
13Shiawassee Township11.5% (±4.7 points)
14Perry Township10.5% (±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.

What you can do on Seayora in Owosso Charter Township

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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

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.

Request a Census API 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 .

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