What percentage of people rent in Reed City, MI?
41.0% (±6.7 points) of the occupied homes in Reed City, MI are rented (2020–2024 American Community Survey).
That is 438 renting households against 631 that own their home.
In Reed City, the share of households that rent went from 43.1% in 2015–2019 to 41.0% in 2020–2024 (−2.1 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 41.0% (±6.7 points)
- Renting households
- 438 (±87)
- Median renter income
- $36,466 (±$12,964)
Who rents and who owns in Reed City
| Reed City | Osceola County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 41.0% (±6.7 points) | 16.3% (±1.6 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 438 (±87) | 1,525 (±167) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 631 (±83) | 7,831 (±182) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.1 (±0.4) | 2.2 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $36,466 (±$12,964) | $32,349 (±$4,791) | $42,352 (±$376) | $52,966 |
| Median owner household income | $60,293 (±$4,163) | $63,400 (±$3,367) | $87,130 (±$344) | $100,009 |
In Reed City, the renter share is higher than in Osceola County (16.3%).
It is also higher than in Michigan (26.8%).
It is not measurably different from the national figure (34.8%).
In Osceola County, Reed City ranks 2 of 18 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 76 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Reed City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.1% (±5.8 points) | 41.0% (±6.7 points) | −2.1 percentage points | Not a measurable change |
| Median gross rent | $563 (±$71) | $714 (±$197) | +26.8% | No measurable change after inflation |
| Median household income | $35,658 (±$3,557) | $52,304 (±$3,550) | +46.7% | Up 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 Reed City
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Reed City | — | 41.0% (±6.7 points) | — |
| Richmond Township (Osceola County) | 1.6 mi | 11.7% (±5.3 points) | Lower |
| Hersey | 3.6 mi | 23.6% (±11.8 points) | Lower |
| Lincoln Township (Osceola County) | 4.9 mi | 5.5% (±2.7 points) | Lower |
| Hersey Township | 5.3 mi | 14.1% (±7.4 points) | Lower |
| Chase Township | 6.6 mi | 14.0% (±7.5 points) | Lower |
| Green Charter Township | 6.9 mi | 11.9% (±6.5 points) | Lower |
| Pinora Township | 7.1 mi | 8.3% (±5.0 points) | Lower |
| Cedar Township | 7.8 mi | 4.4% (±4.0 points) | Lower |
Nearby places with a measurably lower figure: Richmond Township (Osceola County), MI (11.7%), Hersey, MI (23.6%), Lincoln Township (Osceola County), MI (5.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Osceola County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Evart | 47.3% (±7.8 points) |
| 2 | Reed City | 41.0% (±6.7 points) |
| 3 | Marion Township (Osceola County) | 20.4% (±7.4 points) |
| 4 | Burdell Township | 18.8% (±6.7 points) |
| 5 | Sherman Township (Osceola County) | 17.0% (±8.6 points) |
| 6 | Hersey Township | 14.1% (±7.4 points) |
| 7 | Richmond Township (Osceola County) | 11.7% (±5.3 points) |
| 8 | Highland Township | 9.9% (±4.9 points) |
Showing 8 of 18 places in Osceola 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 Reed City
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Questions about Reed City
How many renters are there in Reed City?
Reed City has an estimated 438 (±87) renting households, 41.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Reed City?
In Reed City, the share of households that rent went from 43.1% in 2015–2019 to 41.0% in 2020–2024 (−2.1 percentage points), not a measurable change.
How big are renting households in Reed City?
A renting household in Reed City has 2.1 people on average, against 2.4 in an owned home.
How much do renters earn in Reed City?
The median renting household in Reed City, MI has an income of $36,466 (±$12,964) a year, against $60,293 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Reed City city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Reed City city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Reed City city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Reed City city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Reed City city, 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 Reed City city, Michigan (place:67820, in state:26).
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 Reed City at a glance
- Median rent in Reed City
- Rent by bedrooms in Reed City
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- Income and affordability in Reed City
- Home values in Reed City
- Homeowner costs in Reed City
- Property taxes in Reed City
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- Bedrooms in Reed City
- Age of homes in Reed City
- Heating fuel in Reed City
- Commute and cars in Reed City
- Crime reported to police in Reed City
- Population growth in Reed City
- How long people stay in Reed City
- Michigan landlord and tenant rules
- Housing across Osceola County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan