What percentage of people rent in Vergennes Township, MI?
13.0% (±5.8 points) of the occupied homes in Vergennes Township, MI are rented (2020–2024 American Community Survey).
That is 230 renting households against 1,543 that own their home.
In Vergennes Township, the share of households that rent went from 2.8% in 2015–2019 to 13.0% in 2020–2024 (+10.2 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 13.0% (±5.8 points)
- Renting households
- 230 (±105)
- Median renter income
- $102,763 (±$13,582)
Who rents and who owns in Vergennes Township
| Vergennes Township | Kent County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.0% (±5.8 points) | 29.7% (±0.7 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 230 (±105) | 76,166 (±1,766) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 1,543 (±180) | 180,482 (±1,769) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 2.4 (±0.6) | 2.1 (±0.0) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.8 (±0.3) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $102,763 (±$13,582) | $50,123 (±$1,340) | $42,352 (±$376) | $52,966 |
| Median owner household income | $116,932 (±$25,689) | $101,126 (±$1,625) | $87,130 (±$344) | $100,009 |
In Vergennes Township, the renter share is lower than in Kent County (29.7%).
It is also lower than in Michigan (26.8%).
It is lower than the national figure (34.8%).
In Kent County, Vergennes Township ranks 14 of 30 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 663 of 1,520.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Vergennes Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 2.8% (±3.2 points) | 13.0% (±5.8 points) | +10.2 percentage points | Measurable increase |
| Median household income | $92,768 (±$15,355) | $113,482 (±$24,074) | +22.3% | 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 Vergennes Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Vergennes Township | — | 13.0% (±5.8 points) | — |
| Lowell | 3.5 mi | 30.0% (±8.3 points) | Higher |
| Ada Township | 5.5 mi | 7.2% (±2.9 points) | Not measurably different |
| Lowell Charter Township | 5.8 mi | 7.5% (±3.2 points) | Not measurably different |
| Forest Hills | 5.9 mi | 6.0% (±1.7 points) | Lower |
| Keene Township | 6.5 mi | 6.4% (±3.9 points) | Not measurably different |
| Grattan Township | 6.8 mi | 12.8% (±11.9 points) | Not measurably different |
| Cascade Charter Township | 8.1 mi | 9.3% (±1.9 points) | Not measurably different |
| Boston Township | 8.6 mi | 18.8% (±4.2 points) | Not measurably different |
Nearby places with a measurably lower figure: Forest Hills, MI (6.0%).
Nearby places with a measurably higher figure: Lowell, MI (30.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Kent County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 8 | Lowell | 30.0% (±8.3 points) |
| 9 | Gaines Charter Township | 27.9% (±2.8 points) |
| 10 | Rockford | 22.8% (±6.9 points) |
| 11 | Tyrone Township (Kent County) | 16.2% (±9.8 points) |
| 12 | Sparta Township | 15.3% (±3.7 points) |
| 13 | Grand Rapids Charter Township | 14.9% (±3.7 points) |
| 14 | Vergennes Township | 13.0% (±5.8 points) |
| 15 | Grattan Township | 12.8% (±11.9 points) |
| 16 | Plainfield Charter Township | 12.2% (±1.9 points) |
| 17 | Byron Township | 11.8% (±2.7 points) |
| 18 | Spencer Township | 10.5% (±6.6 points) |
| 19 | Caledonia Township (Kent County) | 9.9% (±3.8 points) |
| 20 | Cascade Charter Township | 9.3% (±1.9 points) |
Showing 13 of 30 places in Kent 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 Vergennes Township
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Questions about Vergennes Township
How many renters are there in Vergennes Township?
Vergennes Township has an estimated 230 (±105) renting households, 13.0% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Vergennes Township?
In Vergennes Township, the share of households that rent went from 2.8% in 2015–2019 to 13.0% in 2020–2024 (+10.2 percentage points), a measurable increase.
How big are renting households in Vergennes Township?
A renting household in Vergennes Township has 2.4 people on average, against 2.8 in an owned home.
How much do renters earn in Vergennes Township?
The median renting household in Vergennes Township, MI has an income of $102,763 (±$13,582) a year, against $116,932 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Vergennes township, Kent County, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Vergennes township, Kent County, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Vergennes township, Kent County, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Vergennes township, Kent County, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Vergennes township, Kent 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 Vergennes township, Kent County, Michigan (county subdivision:81920, in state:26 county:081).
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 Vergennes Township at a glance
- Median rent in Vergennes Township
- Income and affordability in Vergennes Township
- Home values in Vergennes Township
- Homeowner costs in Vergennes Township
- Property taxes in Vergennes Township
- Types of homes in Vergennes Township
- Bedrooms in Vergennes Township
- Age of homes in Vergennes Township
- Heating fuel in Vergennes Township
- Commute and cars in Vergennes Township
- Population growth in Vergennes Township
- How long people stay in Vergennes Township
- Crowding and facilities in Vergennes Township
- Michigan landlord and tenant rules
- Housing across Kent County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan