What percentage of people rent in Waldron, MI?
26.9% (±9.7 points) of the occupied homes in Waldron, MI are rented (2020–2024 American Community Survey).
That is 72 renting households against 196 that own their home.
In Waldron, the share of households that rent went from 34.8% in 2015–2019 to 26.9% in 2020–2024 (−7.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 26.9% (±9.7 points)
- Renting households
- 72 (±29)
Who rents and who owns in Waldron
| Waldron | Hillsdale County | Michigan | United States | |
|---|---|---|---|---|
| Renter-occupied share | 26.9% (±9.7 points) | 18.0% (±1.4 points) | 26.8% (±0.2 points) | 34.8% |
| Renting households | 72 (±29) | 3,213 (±270) | 1,092,179 (±7,674) | 45,017,354 |
| Owning households | 196 (±45) | 14,647 (±330) | 2,984,190 (±12,886) | 84,210,142 |
| Average renter household size | 1.8 (±0.4) | 2.2 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.3) | 2.5 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | — | $35,643 (±$4,168) | $42,352 (±$376) | $52,966 |
| Median owner household income | $54,000 (±$17,661) | $71,099 (±$2,978) | $87,130 (±$344) | $100,009 |
In Waldron, the renter share is not measurably different from Hillsdale County (18.0%).
It is not measurably different from Michigan (26.8%).
It is not measurably different from the national figure (34.8%).
In Hillsdale County, Waldron ranks 2 of 5 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 94 of 253.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Waldron has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.8% (±9.1 points) | 26.9% (±9.7 points) | −7.9 percentage points | Not a measurable change |
| Median gross rent | $690 (±$115) | $850 (±$186) | +23.2% | No measurable change after inflation |
| Median household income | $46,250 (±$14,219) | $52,750 (±$16,848) | +14.1% | 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 Waldron
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Waldron | — | 26.9% (±9.7 points) | — |
| Mill Creek Township (Williams County) | 4.4 mi | 33.5% (±22.0 points) | Not measurably different |
| Fayette | 5.9 mi | 48.8% (±13.1 points) | Higher |
| Gorham Township | 6.7 mi | 31.7% (±9.6 points) | Not measurably different |
| Medina Township | 6.9 mi | 19.7% (±8.5 points) | Not measurably different |
| Ransom Township | 6.9 mi | 14.1% (±8.9 points) | Not measurably different |
| Madison Township (Williams County) | 7.1 mi | 12.6% (±9.2 points) | Lower |
| Pioneer | 7.5 mi | 44.2% (±8.7 points) | Higher |
| Pittsford Township | 9.1 mi | 8.6% (±4.4 points) | Lower |
Nearby places with a measurably lower figure: Madison Township (Williams County), OH (12.6%), Pittsford Township, MI (8.6%).
Nearby places with a measurably higher figure: Fayette, OH (48.8%), Pioneer, OH (44.2%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hillsdale County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Camden | 33.2% (±10.7 points) |
| 2 | Waldron | 26.9% (±9.7 points) |
| 3 | Allen | 17.4% (±15.6 points) |
| 4 | North Adams | 14.6% (±7.8 points) |
| 5 | Montgomery | 7.0% (±7.4 points) |
Waldron lies inside Wright Township (Hillsdale County), whose figures include it, so it is ranked only against places like it.
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 Waldron
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Questions about Waldron
How many renters are there in Waldron?
Waldron has an estimated 72 (±29) renting households, 26.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Waldron?
In Waldron, the share of households that rent went from 34.8% in 2015–2019 to 26.9% in 2020–2024 (−7.9 percentage points), not a measurable change.
How big are renting households in Waldron?
A renting household in Waldron has 1.8 people on average, against 2.4 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waldron village, Michigan
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waldron village, Michigan
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Waldron village, Michigan
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waldron village, Michigan
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waldron village, 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 Waldron village, Michigan (place:82880, 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 Waldron at a glance
- Income and affordability in Waldron
- Home values in Waldron
- Homeowner costs in Waldron
- Property taxes in Waldron
- Types of homes in Waldron
- Bedrooms in Waldron
- Age of homes in Waldron
- Heating fuel in Waldron
- Commute and cars in Waldron
- How long people stay in Waldron
- Michigan landlord and tenant rules
- Housing across Hillsdale County
- Michigan places ranked by share of renters
- Housing data for every place in Michigan