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

Tenure, estimate (90% margin of error)
Balkan TownshipSt. Louis CountyMinnesotaUnited States
Renter-occupied share4.3% (±2.1 points)28.8% (±1.0 points)27.8% (±0.2 points)34.8%
Renting households16 (±8)25,095 (±957)641,268 (±4,528)45,017,354
Owning households352 (±54)62,020 (±934)1,666,687 (±7,556)84,210,142
Average renter household size2.1 (±0.5)1.9 (±0.1)2.0 (±0.0)2.3
Average owner household size2.3 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent6.9% (±4.0 points)4.3% (±2.1 points)−2.6 percentage pointsNot 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

Nearest places with a published estimate, compared with Balkan Township
PlaceDistanceHouseholds that rentCompared with this place
Balkan Township—4.3% (±2.1 points)—
Chisholm3.8 mi27.8% (±8.5 points)Higher
Buhl4.8 mi19.9% (±10.8 points)Higher
Great Scott Township6.7 mi4.1% (±4.1 points)Not measurably different
Kinney6.9 mi14.0% (±9.9 points)Not measurably different
Cherry Township10 mi4.6% (±4.0 points)Not measurably different
Hibbing11 mi28.9% (±4.5 points)Higher
French Township11 mi4.0% (±2.7 points)Not measurably different
Mountain Iron11 mi30.1% (±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

RankPlaceHouseholds that rent
59Ness Township5.3% (±9.9 points)
60 (tie)Beatty Township4.6% (±2.9 points)
60 (tie)Cherry Township4.6% (±4.0 points)
60 (tie)Clinton Township (St. Louis County)4.6% (±3.6 points)
63Stoney Brook Township4.5% (±4.8 points)
64 (tie)Hoyt Lakes4.3% (±3.7 points)
64 (tie)Balkan Township4.3% (±2.1 points)
64 (tie)Cedar Valley Township4.3% (±6.9 points)
64 (tie)Lavell Township4.3% (±2.9 points)
68Great Scott Township4.1% (±4.1 points)
69 (tie)Fayal Township4.0% (±2.9 points)
69 (tie)French Township4.0% (±2.7 points)
71Wuori Township3.5% (±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

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.

Request a Census API 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 .

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