How many renters in Waterford Charter Township, MI pay more than 30% of their income on rent?

Name: Rent burden in Waterford Charter Township, MI, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

50.3% (±5.3 points) of renting households in Waterford Charter Township, MI spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).

41.3% spend 35% or more.

The median renting household spends 30.2% of its income on rent.

Figures last updated on November 12, 2026.

Paying 30% or more: 50.3% (±5.3 points)
Paying 35% or more: 41.3% (±4.5 points)
Median share of income: 30.2% (±2.1 points)

Rent as a share of income in Waterford Charter Township

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rent	Waterford Charter Township	Oakland County	Michigan	United States
Less than 15%	14.5% (±4.3 points)	15.2%	13.5%	12.6%
15% to 19.9%	13.2% (±3.8 points)	14.4%	12.2%	12.2%
20% to 24.9%	10.2% (±2.7 points)	13.5%	12.4%	12.6%
25% to 29.9%	11.7% (±2.6 points)	12.0%	11.5%	11.5%
30% to 34.9%	9.0% (±2.8 points)	8.1%	9.0%	9.2%
35% or more	41.3% (±4.5 points)	36.6%	41.4%	41.9%

Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.

Waterford Charter Township against Oakland County, its state and the nation

Estimate (90% margin of error)
	Waterford Charter Township	Oakland County	Michigan	United States
Paying 30% or more	50.3% (±5.3 points)	44.7% (±1.3 points)	50.4% (±0.4 points)	51.1%
Paying 35% or more	41.3% (±4.5 points)	36.6% (±1.1 points)	41.4% (±0.4 points)	41.9%
Median share of income	30.2% (±2.1 points)	27.8% (±0.5 points)	30.2% (±0.3 points)	30.6%
Median renter household income	$45,435 (±$2,545)	$59,047 (±$1,564)	$42,352 (±$376)	$52,966
Median gross rent	$1,111 (±$30)	$1,376 (±$14)	$1,129 (±$4)	$1,413

In Waterford Charter Township, the share of renters paying 30% or more of income is higher than in Oakland County (44.7%).

It is not measurably different from Michigan (50.4%).

It is not measurably different from the national figure (51.1%).

In Oakland County, Waterford Charter Township ranks 18 of 49 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.

Statewide, it ranks 569 of 1,485.

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

Renters paying 30% or more of income in places near Waterford Charter Township

Nearest places with a published estimate, compared with Waterford Charter Township
Place	Distance	Renters paying 30% or more of income	Compared with this place
Waterford Charter Township	—	50.3% (±5.3 points)	—
Sylvan Lake	4.2 mi	49.4% (±23.8 points)	Not measurably different
Keego Harbor	4.3 mi	60.5% (±21.7 points)	Not measurably different
Orchard Lake Village	5.1 mi	0.0% (±111.7 points)	Not measurably different
Village of Clarkston	5.1 mi	56.6% (±18.1 points)	Not measurably different
Pontiac	5.2 mi	55.1% (±5.0 points)	Not measurably different
Independence Charter Township	5.9 mi	31.9% (±9.6 points)	Lower
White Lake Charter Township	6.0 mi	68.9% (±13.6 points)	Higher
West Bloomfield Charter Township	6.6 mi	56.3% (±8.5 points)	Not measurably different

Nearby places with a measurably lower figure: Independence Charter Township, MI (31.9%).

Nearby places with a measurably higher figure: White Lake Charter Township, MI (68.9%).

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

Renters paying 30% or more of income across Oakland County, place by place

Rank	Place	Renters paying 30% or more of income
12	West Bloomfield Charter Township	56.3% (±8.5 points)
13	Bloomfield Hills	56.1% (±33.6 points)
14	Pontiac	55.1% (±5.0 points)
15	Walled Lake	55.0% (±14.9 points)
16	Southfield	54.7% (±4.9 points)
17	Brandon Charter Township	53.3% (±26.0 points)
18	Waterford Charter Township	50.3% (±5.3 points)
19	Springfield Charter Township	50.2% (±28.0 points)
20 (tie)	Oak Park	49.6% (±8.3 points)
20 (tie)	Lyon Charter Township	49.6% (±16.1 points)
22	Sylvan Lake	49.4% (±23.8 points)
23	Southfield Township	48.0% (±33.8 points)
24	Rochester	46.5% (±9.6 points)

Showing 13 of 49 places in Oakland County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about Waterford Charter Township

Are renters in Waterford Charter Township rent-burdened?

50.3% of renting households in Waterford Charter Township pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).

What share of income do renters in Waterford Charter Township spend on rent?

The median renting household in Waterford Charter Township, MI spends 30.2% (±2.1 points) of its household income on gross rent.

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 Waterford charter township, Oakland County, Michigan (county subdivision:84240, in state:26 county:125).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M

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.