What percentage of people rent in Springfield Charter Township, MI?
17.0% (±5.5 points) of the occupied homes in Springfield Charter Township, MI are rented (2020–2024 American Community Survey).
That is 950 renting households against 4,638 that own their home.
In Springfield Charter Township, the share of households that rent went from 10.1% in 2015–2019 to 17.0% in 2020–2024 (+6.9 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 17.0% (±5.5 points)
- Renting households
- 950 (±332)
- Median renter income
- $47,391 (±$23,775)
Who rents and who owns in Springfield Charter Township
| Springfield Charter Township | Oakland County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 17.0% (±5.5 points) | 27.3% (±0.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 950 (±332) | 144,960 (±2,325) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 4,638 (±288) | 385,500 (±2,513) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 1.9 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.1) | 2.6 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $47,391 (±$23,775) | $59,047 (±$1,564) | $42,352 (±$376) | $52,966 |
| Median owner household income | $121,265 (±$9,990) | $118,600 (±$1,461) | $87,130 (±$344) | $100,009 |
In Springfield Charter Township, 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, Springfield Charter Township ranks 28 of 50 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 471 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Springfield Charter Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 10.1% (±2.7 points) | 17.0% (±5.5 points) | +6.9 percentage points | Measurable increase |
| Median gross rent | $1,162 (±$135) | $1,206 (±$106) | +3.8% | Down after inflation |
| Median household income | $93,252 (±$4,727) | $110,101 (±$10,325) | +18.1% | 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 Springfield Charter Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Springfield Charter Township | — | 17.0% (±5.5 points) | — |
| Village of Clarkston | 4.2 mi | 40.2% (±7.6 points) | Higher |
| Independence Charter Township | 5.6 mi | 20.6% (±3.2 points) | Not measurably different |
| Groveland Township | 6.2 mi | 10.6% (±4.7 points) | Not measurably different |
| Rose Township (Oakland County) | 6.3 mi | 3.4% (±2.3 points) | Lower |
| White Lake Charter Township | 6.4 mi | 12.5% (±3.0 points) | Not measurably different |
| Holly | 7.1 mi | 29.1% (±10.0 points) | Higher |
| Ortonville | 7.7 mi | 25.2% (±6.3 points) | Not measurably different |
| Waterford Charter Township | 8.2 mi | 24.2% (±1.6 points) | Higher |
Nearby places with a measurably lower figure: Rose Township (Oakland County), MI (3.4%).
Nearby places with a measurably higher figure: Village of Clarkston, MI (40.2%), Holly, MI (29.1%), Waterford Charter Township, MI (24.2%).
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 |
|---|---|---|
| 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) |
| 28 | Springfield Charter Township | 17.0% (±5.5 points) |
| 29 | West Bloomfield Charter Township | 16.4% (±1.8 points) |
| 30 | Milford Charter Township | 15.3% (±3.0 points) |
| 31 | Bloomfield Hills | 14.2% (±6.1 points) |
| 32 | Oxford Charter Township | 13.4% (±2.8 points) |
| 33 | White Lake Charter Township | 12.5% (±3.0 points) |
| 34 (tie) | Berkley | 12.1% (±2.4 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 Springfield Charter Township
How many renters are there in Springfield Charter Township?
Springfield Charter Township has an estimated 950 (±332) renting households, 17.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Springfield Charter Township?
In Springfield Charter Township, the share of households that rent went from 10.1% in 2015–2019 to 17.0% in 2020–2024 (+6.9 percentage points), a measurable increase.
How big are renting households in Springfield Charter Township?
A renting household in Springfield Charter Township has 2.0 people on average, against 2.8 in an owned home.
How much do renters earn in Springfield Charter Township?
The median renting household in Springfield Charter Township, MI has an income of $47,391 (±$23,775) a year, against $121,265 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Springfield charter township, Oakland County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Springfield charter township, Oakland County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Springfield charter township, Oakland County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Springfield charter township, Oakland County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Springfield charter township, Oakland 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 Springfield charter township, Oakland County, Michigan (county subdivision:75760, in state:26 county:125).
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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- Income and affordability in Springfield Charter Township
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- Population growth in Springfield Charter Township
- How long people stay in Springfield Charter Township
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- Fair Market Rent in Springfield Charter Township
- Michigan landlord and tenant rules
- Housing across Oakland County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan