What percentage of people rent in Stephenson, MI?
26.6% (±7.6 points) of the occupied homes in Stephenson, MI are rented (2020–2024 American Community Survey).
That is 100 renting households against 276 that own their home.
In Stephenson, the share of households that rent went from 39.5% in 2015–2019 to 26.6% in 2020–2024 (−12.9 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 26.6% (±7.6 points)
- Renting households
- 100 (±38)
- Median renter income
- $21,923 (±$7,748)
Who rents and who owns in Stephenson
| Stephenson | Menominee County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 26.6% (±7.6 points) | 19.3% (±2.1 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 100 (±38) | 2,002 (±228) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 276 (±44) | 8,359 (±259) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.0 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.4) | 2.3 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $21,923 (±$7,748) | $28,750 (±$7,867) | $42,352 (±$376) | $52,966 |
| Median owner household income | $55,385 (±$9,739) | $64,370 (±$3,758) | $87,130 (±$344) | $100,009 |
In Stephenson, the renter share is not measurably different from Menominee County (19.3%).
It is not measurably different from Michigan (26.8%).
It is lower than the national figure (34.8%).
In Menominee County, Stephenson ranks 2 of 16 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 266 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Stephenson has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 39.5% (±7.3 points) | 26.6% (±7.6 points) | −12.9 percentage points | Measurable decrease |
| Median gross rent | $555 (±$75) | $688 (±$76) | +24.0% | No measurable change after inflation |
| Median household income | $38,839 (±$8,020) | $44,600 (±$7,112) | +14.8% | 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 Stephenson
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Stephenson | — | 26.6% (±7.6 points) | — |
| Daggett | 3.3 mi | 11.7% (±11.3 points) | Lower |
| Stephenson Township | 3.5 mi | 7.0% (±3.4 points) | Lower |
| Daggett Township | 5.2 mi | 14.2% (±8.0 points) | Lower |
| Mellen Township | 5.6 mi | 6.5% (±3.4 points) | Lower |
| Lake Township (Menominee County) | 7.2 mi | 4.9% (±4.0 points) | Lower |
| Ingallston Township | 9.6 mi | 13.9% (±9.5 points) | Lower |
| Holmes Township | 9.8 mi | 2.1% (±3.5 points) | Lower |
| Town of Wagner | 10 mi | 8.6% (±5.0 points) | Lower |
Nearby places with a measurably lower figure: Daggett, MI (11.7%), Stephenson Township, MI (7.0%), Daggett Township, MI (14.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Menominee County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Menominee | 31.0% (±4.7 points) |
| 2 | Stephenson | 26.6% (±7.6 points) |
| 3 | Harris Township | 21.7% (±5.4 points) |
| 4 | Meyer Township | 19.1% (±7.7 points) |
| 5 | Daggett Township | 14.2% (±8.0 points) |
| 6 | Ingallston Township | 13.9% (±9.5 points) |
| 7 | Cedarville Township | 12.3% (±8.3 points) |
| 8 | Spalding Township | 12.2% (±4.3 points) |
Showing 8 of 16 places in Menominee 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 Stephenson
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Questions about Stephenson
How many renters are there in Stephenson?
Stephenson has an estimated 100 (±38) renting households, 26.6% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Stephenson?
In Stephenson, the share of households that rent went from 39.5% in 2015–2019 to 26.6% in 2020–2024 (−12.9 percentage points), a measurable decrease.
How big are renting households in Stephenson?
A renting household in Stephenson has 1.9 people on average, against 2.4 in an owned home.
How much do renters earn in Stephenson?
The median renting household in Stephenson, MI has an income of $21,923 (±$7,748) a year, against $55,385 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Stephenson city, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Stephenson city, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Stephenson city, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Stephenson city, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Stephenson 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 Stephenson city, Michigan (place:76380, 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 Stephenson at a glance
- Median rent in Stephenson
- Income and affordability in Stephenson
- Home values in Stephenson
- Homeowner costs in Stephenson
- Property taxes in Stephenson
- Types of homes in Stephenson
- Bedrooms in Stephenson
- Age of homes in Stephenson
- Heating fuel in Stephenson
- Commute and cars in Stephenson
- How long people stay in Stephenson
- Michigan landlord and tenant rules
- Housing across Menominee County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan