What percentage of people rent in Putnam Township, MI?
12.5% (±3.1 points) of the occupied homes in Putnam Township, MI are rented (2020–2024 American Community Survey).
That is 384 renting households against 2,682 that own their home.
In Putnam Township, the share of households that rent went from 12.7% in 2015–2019 to 12.5% in 2020–2024 (−0.2 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 12.5% (±3.1 points)
- Renting households
- 384 (±100)
- Median renter income
- $38,542 (±$18,779)
Who rents and who owns in Putnam Township
| Putnam Township | Livingston County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 12.5% (±3.1 points) | 13.1% (±0.8 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 384 (±100) | 10,041 (±601) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 2,682 (±190) | 66,404 (±672) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.0 (±0.3) | 2.0 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $38,542 (±$18,779) | $52,650 (±$5,187) | $42,352 (±$376) | $52,966 |
| Median owner household income | $104,018 (±$10,236) | $112,138 (±$2,147) | $87,130 (±$344) | $100,009 |
In Putnam Township, the renter share is not measurably different from Livingston County (13.1%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Livingston County, Putnam Township ranks 7 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 706 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Putnam Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 12.7% (±2.5 points) | 12.5% (±3.1 points) | −0.2 percentage points | Not a measurable change |
| Median gross rent | $990 (±$177) | $1,186 (±$154) | +19.8% | No measurable change after inflation |
| Median household income | $81,222 (±$4,570) | $96,442 (±$8,835) | +18.7% | 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 Putnam Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Putnam Township | — | 12.5% (±3.1 points) | — |
| Unadilla Township | 5.4 mi | 14.3% (±7.7 points) | Not measurably different |
| Dexter Township | 5.9 mi | 3.9% (±3.7 points) | Lower |
| Marion Township (Livingston County) | 6.1 mi | 6.1% (±2.2 points) | Lower |
| Hamburg Township | 6.2 mi | 7.1% (±2.1 points) | Lower |
| Lyndon Township | 7.7 mi | 1.7% (±1.1 points) | Lower |
| Genoa Township | 8.1 mi | 16.9% (±2.5 points) | Higher |
| Iosco Township | 8.3 mi | 2.5% (±2.7 points) | Lower |
| Webster Township | 9.0 mi | 4.8% (±3.7 points) | Lower |
Nearby places with a measurably lower figure: Dexter Township, MI (3.9%), Marion Township (Livingston County), MI (6.1%), Hamburg Township, MI (7.1%).
Nearby places with a measurably higher figure: Genoa Township, MI (16.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Livingston County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Howell | 46.1% (±5.3 points) |
| 2 | Brighton | 33.4% (±4.3 points) |
| 3 | Genoa Township | 16.9% (±2.5 points) |
| 4 | Handy Township | 14.8% (±3.2 points) |
| 5 | Unadilla Township | 14.3% (±7.7 points) |
| 6 | Cohoctah Township | 13.6% (±17.3 points) |
| 7 | Putnam Township | 12.5% (±3.1 points) |
| 8 | Tyrone Township (Livingston County) | 11.4% (±3.2 points) |
| 9 | Oceola Township | 10.1% (±2.6 points) |
| 10 | Howell Township | 10.0% (±4.4 points) |
| 11 | Hartland Township | 8.8% (±2.3 points) |
| 12 | Green Oak Township | 8.5% (±3.2 points) |
| 13 | Hamburg Township | 7.1% (±2.1 points) |
Showing 13 of 18 places in Livingston County, ranked from highest to lowest.
The figures for Putnam Township include the places inside it that have pages of their own: Pinckney.
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 Putnam Township
How many renters are there in Putnam Township?
Putnam Township has an estimated 384 (±100) renting households, 12.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Putnam Township?
In Putnam Township, the share of households that rent went from 12.7% in 2015–2019 to 12.5% in 2020–2024 (−0.2 percentage points), not a measurable change.
How big are renting households in Putnam Township?
A renting household in Putnam Township has 2.0 people on average, against 2.6 in an owned home.
How much do renters earn in Putnam Township?
The median renting household in Putnam Township, MI has an income of $38,542 (±$18,779) a year, against $104,018 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Putnam township, Livingston County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Putnam township, Livingston County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Putnam township, Livingston County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Putnam township, Livingston County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Putnam township, Livingston 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 Putnam township, Livingston County, Michigan (county subdivision:66540, in state:26 county:093).
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 Putnam Township at a glance
- Median rent in Putnam Township
- Rent by bedrooms in Putnam Township
- Rent burden in Putnam Township
- Income and affordability in Putnam Township
- Home values in Putnam Township
- Homeowner costs in Putnam Township
- Property taxes in Putnam Township
- Types of homes in Putnam Township
- Bedrooms in Putnam Township
- Age of homes in Putnam Township
- Heating fuel in Putnam Township
- Commute and cars in Putnam Township
- Population growth in Putnam Township
- How long people stay in Putnam Township
- Crowding and facilities in Putnam Township
- Michigan landlord and tenant rules
- Housing across Livingston County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan