What percentage of people rent in Sherman Township (Newaygo County), MI?

6.6% (±3.1 points) of the occupied homes in Sherman Township (Newaygo County), MI are rented (2020–2024 American Community Survey).

That is 54 renting households against 768 that own their home.

In Sherman Township (Newaygo County), the share of households that rent went from 9.8% in 2015–2019 to 6.6% in 2020–2024 (−3.2 percentage points), not a measurable change.

Figures last updated on .

Households that rent
6.6% (±3.1 points)
Renting households
54 (±25)
Median renter income
$58,750 (±$23,227)

Who rents and who owns in Sherman Township (Newaygo County)

Tenure, estimate (90% margin of error)
Sherman Township (Newaygo County)Newaygo CountyMichiganUnited States
Renter-occupied share6.6% (±3.1 points)13.5% (±1.3 points)26.8% (±0.2 points)34.8%
Renting households54 (±25)2,644 (±258)1,092,179 (±7,674)45,017,354
Owning households768 (±106)17,007 (±364)2,984,190 (±12,886)84,210,142
Average renter household size2.7 (±0.9)2.2 (±0.2)2.1 (±0.0)2.3
Average owner household size2.6 (±0.3)2.6 (±0.1)2.5 (±0.0)2.6
Median renter household income$58,750 (±$23,227)$39,289 (±$3,465)$42,352 (±$376)$52,966
Median owner household income$67,391 (±$15,071)$68,034 (±$2,564)$87,130 (±$344)$100,009

In Sherman Township (Newaygo County), the renter share is lower than in Newaygo County (13.5%).

It is also lower than in Michigan (26.8%).

It is lower than the national figure (34.8%).

In Newaygo County, Sherman Township (Newaygo County) ranks 20 of 28 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1143 of 1,520.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Sherman Township (Newaygo County) has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent9.8% (±3.3 points)6.6% (±3.1 points)−3.2 percentage pointsNot a measurable change
Median gross rent$746 (±$161)$1,104 (±$541)+48.0%No measurable change after inflation
Median household income$54,593 (±$4,589)$67,065 (±$13,766)+22.8%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 Sherman Township (Newaygo County)

Nearest places with a published estimate, compared with Sherman Township (Newaygo County)
PlaceDistanceHouseholds that rentCompared with this place
Sherman Township (Newaygo County)—6.6% (±3.1 points)—
White Cloud5.3 mi34.4% (±9.2 points)Higher
Fremont5.9 mi29.5% (±7.1 points)Higher
Garfield Township (Newaygo County)6.2 mi5.6% (±2.7 points)Not measurably different
Dayton Township (Newaygo County)6.3 mi10.7% (±4.5 points)Not measurably different
Everett Township6.6 mi10.4% (±3.8 points)Not measurably different
Lincoln Township (Newaygo County)6.8 mi12.4% (±7.9 points)Not measurably different
Newaygo7.6 mi41.7% (±9.2 points)Higher
Denver Township (Newaygo County)8.0 mi11.6% (±3.9 points)Higher

Nearby places with a measurably higher figure: White Cloud, MI (34.4%), Fremont, MI (29.5%), Newaygo, MI (41.7%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Households that rent across Newaygo County, place by place

RankPlaceHouseholds that rent
14Goodwell Township8.8% (±6.2 points)
15Sheridan Charter Township8.7% (±5.2 points)
16Big Prairie Township8.2% (±3.8 points)
17Brooks Township7.9% (±4.1 points)
18Ashland Township7.2% (±4.5 points)
19Lilley Township6.7% (±4.4 points)
20Sherman Township (Newaygo County)6.6% (±3.1 points)
21Barton Township6.5% (±4.2 points)
22Norwich Township (Newaygo County)6.2% (±4.2 points)
23Merrill Township6.0% (±6.4 points)
24Garfield Township (Newaygo County)5.6% (±2.7 points)
25Croton Township4.8% (±3.1 points)
26Bridgeton Township4.2% (±3.3 points)

Showing 13 of 28 places in Newaygo 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 Sherman Township (Newaygo County)

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Questions about Sherman Township (Newaygo County)

How many renters are there in Sherman Township (Newaygo County)?

Sherman Township (Newaygo County) has an estimated 54 (±25) renting households, 6.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Sherman Township (Newaygo County)?

In Sherman Township (Newaygo County), the share of households that rent went from 9.8% in 2015–2019 to 6.6% in 2020–2024 (−3.2 percentage points), not a measurable change.

How big are renting households in Sherman Township (Newaygo County)?

A renting household in Sherman Township (Newaygo County) has 2.7 people on average, against 2.6 in an owned home.

How much do renters earn in Sherman Township (Newaygo County)?

The median renting household in Sherman Township (Newaygo County), MI has an income of $58,750 (±$23,227) a year, against $67,391 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 Sherman township, Newaygo County, Michigan (county subdivision:73260, in state:26 county:123).

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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