What percentage of people rent in Rochester Hills, MI?
23.3% (±1.7 points) of the occupied homes in Rochester Hills, MI are rented (2020–2024 American Community Survey).
That is 6,880 renting households against 22,606 that own their home.
In Rochester Hills, the share of households that rent went from 23.0% in 2015–2019 to 23.3% in 2020–2024 (+0.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 23.3% (±1.7 points)
- Renting households
- 6,880 (±538)
- Median renter income
- $74,291 (±$5,725)
Who rents and who owns in Rochester Hills
| Rochester Hills | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 23.3% (±1.7 points) | 27.3% (±0.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 6,880 (±538) | 144,960 (±2,325) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 22,606 (±577) | 385,500 (±2,513) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.9 (±0.1) | 1.9 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.7 (±0.1) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $74,291 (±$5,725) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median owner household income | $132,454 (±$4,351) | $118,600 (±$1,461) | $87,130 (±$344) | $100,009 |
In Rochester Hills, the renter share is lower than in Oakland County (27.3%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Oakland County, Rochester Hills ranks 21 of 50 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 314 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Rochester Hills has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.0% (±1.2 points) | 23.3% (±1.7 points) | +0.3 percentage points | Not a measurable change |
| Median gross rent | $1,287 (±$50) | $1,644 (±$61) | +27.7% | No measurable change after inflation |
| Median household income | $93,953 (±$3,726) | $120,694 (±$3,234) | +28.5% | 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 Rochester Hills
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Rochester Hills | — | 23.3% (±1.7 points) | — |
| Rochester | 2.6 mi | 32.9% (±3.7 points) | Higher |
| Auburn Hills | 4.4 mi | 48.7% (±3.0 points) | Higher |
| Troy | 5.5 mi | 26.7% (±1.5 points) | Higher |
| Oakland Charter Township | 6.2 mi | 5.8% (±1.7 points) | Lower |
| Shelby Charter Township | 6.3 mi | 25.7% (±2.1 points) | Not measurably different |
| Pontiac | 6.6 mi | 53.4% (±3.1 points) | Higher |
| Bloomfield Hills | 7.2 mi | 14.2% (±6.1 points) | Lower |
| Utica | 7.3 mi | 40.9% (±6.8 points) | Higher |
Nearby places with a measurably lower figure: Oakland Charter Township, MI (5.8%), Bloomfield Hills, MI (14.2%).
Nearby places with a measurably higher figure: Rochester, MI (32.9%), Auburn Hills, MI (48.7%), Troy, MI (26.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Oakland County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 15 | Ferndale | 33.4% (±3.5 points) |
| 16 | Rochester | 32.9% (±3.7 points) |
| 17 | Royal Oak | 32.0% (±1.9 points) |
| 18 | Troy | 26.7% (±1.5 points) |
| 19 | Clawson | 24.6% (±3.4 points) |
| 20 | Waterford Charter Township | 24.2% (±1.6 points) |
| 21 | Rochester Hills | 23.3% (±1.7 points) |
| 22 | Birmingham | 22.9% (±3.3 points) |
| 23 | Independence Charter Township | 20.6% (±3.2 points) |
| 24 | Holly Township | 20.3% (±5.9 points) |
| 25 | South Lyon | 18.8% (±3.6 points) |
| 26 | Sylvan Lake | 18.5% (±6.9 points) |
| 27 | Orion Charter Township | 17.5% (±2.1 points) |
Showing 13 of 50 places in Oakland 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 Rochester Hills
How many renters are there in Rochester Hills?
Rochester Hills has an estimated 6,880 (±538) renting households, 23.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Rochester Hills?
In Rochester Hills, the share of households that rent went from 23.0% in 2015–2019 to 23.3% in 2020–2024 (+0.3 percentage points), not a measurable change.
How big are renting households in Rochester Hills?
A renting household in Rochester Hills has 1.9 people on average, against 2.7 in an owned home.
How much do renters earn in Rochester Hills?
The median renting household in Rochester Hills, MI has an income of $74,291 (±$5,725) a year, against $132,454 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Rochester Hills city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Rochester Hills city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Rochester Hills city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Rochester Hills city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Rochester Hills 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 Rochester Hills city, Michigan (place:69035, 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
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- Fair Market Rent in Rochester Hills
- Michigan landlord and tenant rules
- Housing across Oakland County
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- Housing data for every place in Michigan