What percentage of people rent in Florence Township, MN?

6.5% (±3.2 points) of the occupied homes in Florence Township, MN are rented (2020–2024 American Community Survey).

That is 38 renting households against 551 that own their home.

In Florence Township, the share of households that rent went from 9.6% in 2015–2019 to 6.5% in 2020–2024 (−3.1 percentage points), not a measurable change.

Figures last updated on .

Households that rent
6.5% (±3.2 points)
Renting households
38 (±20)
Median renter income
$84,167 (±$10,125)

Who rents and who owns in Florence Township

Tenure, estimate (90% margin of error)
Florence TownshipGoodhue CountyMinnesotaUnited States
Renter-occupied share6.5% (±3.2 points)21.2% (±2.1 points)27.8% (±0.2 points)34.8%
Renting households38 (±20)4,179 (±430)641,268 (±4,528)45,017,354
Owning households551 (±58)15,548 (±421)1,666,687 (±7,556)84,210,142
Average renter household size1.9 (±0.4)1.8 (±0.1)2.0 (±0.0)2.3
Average owner household size2.7 (±0.3)2.5 (±0.1)2.6 (±0.0)2.6
Median renter household income$84,167 (±$10,125)$34,881 (±$4,470)$51,080 (±$531)$52,966
Median owner household income$112,266 (±$6,471)$97,047 (±$4,077)$108,214 (±$476)$100,009

In Florence Township, the renter share is lower than in Goodhue County (21.2%).

It is also lower than in Minnesota (27.8%).

It is lower than the national figure (34.8%).

In Goodhue County, Florence Township ranks 26 of 30 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1712 of 2,628.

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

How renting in Florence Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent9.6% (±4.3 points)6.5% (±3.2 points)−3.1 percentage pointsNot a measurable change
Median gross rent$1,083 (±$295)$1,275 (±$568)+17.7%No measurable change after inflation
Median household income$80,833 (±$8,503)$109,432 (±$9,172)+35.4%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 Florence Township

Nearest places with a published estimate, compared with Florence Township
PlaceDistanceHouseholds that rentCompared with this place
Florence Township—6.5% (±3.2 points)—
Wacouta Township4.0 mi9.2% (±9.5 points)Not measurably different
Stockholm5.0 mi0.0% (±35.7 points)Not measurably different
Town of Isabelle5.2 mi15.2% (±10.3 points)Not measurably different
Maiden Rock5.5 mi0.0% (±39.0 points)Not measurably different
Town of Stockholm5.6 mi13.1% (±9.0 points)Not measurably different
Mount Pleasant Township5.8 mi11.6% (±6.7 points)Not measurably different
Lake City5.9 mi20.8% (±4.9 points)Higher
Hay Creek Township6.3 mi1.6% (±1.7 points)Lower

Nearby places with a measurably lower figure: Hay Creek Township, MN (1.6%).

Nearby places with a measurably higher figure: Lake City, MN (20.8%).

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

Households that rent across Goodhue County, place by place

RankPlaceHouseholds that rent
20Goodhue Township9.4% (±4.1 points)
21Wacouta Township9.2% (±9.5 points)
22Minneola Township7.9% (±7.6 points)
23 (tie)Belle Creek Township7.2% (±6.1 points)
23 (tie)Cannon Falls Township7.2% (±3.8 points)
25Featherstone Township7.1% (±3.7 points)
26Florence Township6.5% (±3.2 points)
27Holden Township5.8% (±5.4 points)
28Stanton Township4.9% (±3.7 points)
29Kenyon Township4.3% (±3.2 points)
30Hay Creek Township1.6% (±1.7 points)

Showing 11 of 30 places in Goodhue 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 Florence Township

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Questions about Florence Township

How many renters are there in Florence Township?

Florence Township has an estimated 38 (±20) renting households, 6.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Florence Township?

In Florence Township, the share of households that rent went from 9.6% in 2015–2019 to 6.5% in 2020–2024 (−3.1 percentage points), not a measurable change.

How big are renting households in Florence Township?

A renting household in Florence Township has 1.9 people on average, against 2.7 in an owned home.

How much do renters earn in Florence Township?

The median renting household in Florence Township, MN has an income of $84,167 (±$10,125) a year, against $112,266 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 Florence township, Goodhue County, Minnesota (county subdivision:21392, in state:27 county:049).

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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