What percentage of people rent in Balkan Township, MN?
4.3% (±2.1 points) of the occupied homes in Balkan Township, MN are rented (2020–2024 American Community Survey).
That is 16 renting households against 352 that own their home.
In Balkan Township, the share of households that rent went from 6.9% in 2015–2019 to 4.3% in 2020–2024 (−2.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 4.3% (±2.1 points)
- Renting households
- 16 (±8)
- Median renter income
- $89,167 (±$32,432)
Who rents and who owns in Balkan Township
| Balkan Township | St. Louis County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 4.3% (±2.1 points) | 28.8% (±1.0 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 16 (±8) | 25,095 (±957) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 352 (±54) | 62,020 (±934) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.1 (±0.5) | 1.9 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.3 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $89,167 (±$32,432) | $37,114 (±$1,847) | $51,080 (±$531) | $52,966 |
| Median owner household income | $79,167 (±$13,375) | $86,242 (±$1,585) | $108,214 (±$476) | $100,009 |
In Balkan Township, the renter share is lower than in St. Louis County (28.8%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In St. Louis County, Balkan Township ranks 65 of 98 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 2055 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Balkan Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 6.9% (±4.0 points) | 4.3% (±2.1 points) | −2.6 percentage points | Not a measurable change |
| Median gross rent | $759 (±$128) | $725 (±$279) | −4.5% | No measurable change after inflation |
| Median household income | $76,364 (±$7,052) | $79,722 (±$13,016) | +4.4% | 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 Balkan Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Balkan Township | — | 4.3% (±2.1 points) | — |
| Chisholm | 3.8 mi | 27.8% (±8.5 points) | Higher |
| Buhl | 4.8 mi | 19.9% (±10.8 points) | Higher |
| Great Scott Township | 6.7 mi | 4.1% (±4.1 points) | Not measurably different |
| Kinney | 6.9 mi | 14.0% (±9.9 points) | Not measurably different |
| Cherry Township | 10 mi | 4.6% (±4.0 points) | Not measurably different |
| Hibbing | 11 mi | 28.9% (±4.5 points) | Higher |
| French Township | 11 mi | 4.0% (±2.7 points) | Not measurably different |
| Mountain Iron | 11 mi | 30.1% (±8.0 points) | Higher |
Nearby places with a measurably higher figure: Chisholm, MN (27.8%), Buhl, MN (19.9%), Hibbing, MN (28.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across St. Louis County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 59 | Ness Township | 5.3% (±9.9 points) |
| 60 (tie) | Beatty Township | 4.6% (±2.9 points) |
| 60 (tie) | Cherry Township | 4.6% (±4.0 points) |
| 60 (tie) | Clinton Township (St. Louis County) | 4.6% (±3.6 points) |
| 63 | Stoney Brook Township | 4.5% (±4.8 points) |
| 64 (tie) | Hoyt Lakes | 4.3% (±3.7 points) |
| 64 (tie) | Balkan Township | 4.3% (±2.1 points) |
| 64 (tie) | Cedar Valley Township | 4.3% (±6.9 points) |
| 64 (tie) | Lavell Township | 4.3% (±2.9 points) |
| 68 | Great Scott Township | 4.1% (±4.1 points) |
| 69 (tie) | Fayal Township | 4.0% (±2.9 points) |
| 69 (tie) | French Township | 4.0% (±2.7 points) |
| 71 | Wuori Township | 3.5% (±2.3 points) |
Showing 13 of 98 places in St. Louis 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 Balkan Township
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Questions about Balkan Township
How many renters are there in Balkan Township?
Balkan Township has an estimated 16 (±8) renting households, 4.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Balkan Township?
In Balkan Township, the share of households that rent went from 6.9% in 2015–2019 to 4.3% in 2020–2024 (−2.6 percentage points), not a measurable change.
How big are renting households in Balkan Township?
A renting household in Balkan Township has 2.1 people on average, against 2.3 in an owned home.
How much do renters earn in Balkan Township?
The median renting household in Balkan Township, MN has an income of $89,167 (±$32,432) a year, against $79,167 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Balkan township, St. Louis County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Balkan township, St. Louis County, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Balkan township, St. Louis County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Balkan township, St. Louis County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Balkan township, St. Louis County, Minnesota
- 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 Balkan township, St. Louis County, Minnesota (county subdivision:03322, in state:27 county:137).
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 Balkan Township at a glance
- Income and affordability in Balkan Township
- Home values in Balkan Township
- Homeowner costs in Balkan Township
- Property taxes in Balkan Township
- Types of homes in Balkan Township
- Bedrooms in Balkan Township
- Age of homes in Balkan Township
- Heating fuel in Balkan Township
- Commute and cars in Balkan Township
- How long people stay in Balkan Township
- Minnesota landlord and tenant rules
- Housing across St. Louis County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota