What percentage of people rent in Graceville, MN?
42.7% (±8.0 points) of the occupied homes in Graceville, MN are rented (2020–2024 American Community Survey).
That is 112 renting households against 150 that own their home.
In Graceville, the share of households that rent went from 27.5% in 2015–2019 to 42.7% in 2020–2024 (+15.2 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 42.7% (±8.0 points)
- Renting households
- 112 (±30)
- Median renter income
- $33,625 (±$2,157)
Who rents and who owns in Graceville
| Graceville | Big Stone County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 42.7% (±8.0 points) | 20.3% (±3.6 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 112 (±30) | 433 (±83) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 150 (±32) | 1,703 (±84) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.0 (±0.6) | 2.0 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.0 (±0.2) | 2.4 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $33,625 (±$2,157) | $32,824 (±$3,886) | $51,080 (±$531) | $52,966 |
| Median owner household income | $103,750 (±$24,788) | $81,847 (±$6,147) | $108,214 (±$476) | $100,009 |
In Graceville, the renter share is higher than in Big Stone County (20.3%).
It is also higher than in Minnesota (27.8%).
It is not measurably different from the national figure (34.8%).
In Big Stone County, Graceville ranks 1 of 22 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 69 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Graceville has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 27.5% (±6.2 points) | 42.7% (±8.0 points) | +15.2 percentage points | Measurable increase |
| Median gross rent | $605 (±$48) | $739 (±$116) | +22.1% | No measurable change after inflation |
| Median household income | $48,750 (±$5,583) | $66,111 (±$13,457) | +35.6% | 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 Graceville
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Graceville | — | 42.7% (±8.0 points) | — |
| Graceville Township | 2.4 mi | 15.8% (±22.6 points) | Lower |
| Tara Township (Traverse County) | 3.0 mi | 17.5% (±13.0 points) | Lower |
| Barry | 6.0 mi | 0.0% (±100.0 points) | Not measurably different |
| Moonshine Township | 6.5 mi | 8.3% (±8.7 points) | Lower |
| Toqua Township | 6.7 mi | 11.1% (±22.4 points) | Lower |
| Johnson | 6.9 mi | 0.0% (±65.9 points) | Not measurably different |
| Clinton | 7.0 mi | 19.0% (±12.1 points) | Lower |
| Leonardsville Township | 7.0 mi | 5.9% (±6.3 points) | Lower |
Nearby places with a measurably lower figure: Graceville Township, MN (15.8%), Tara Township (Traverse County), MN (17.5%), Moonshine Township, MN (8.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Big Stone County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Graceville | 42.7% (±8.0 points) |
| 2 | Otrey Township | 41.7% (±30.3 points) |
| 3 | Browns Valley Township | 26.1% (±18.7 points) |
| 4 | Beardsley | 25.6% (±7.8 points) |
| 5 | Ortonville | 21.7% (±5.7 points) |
| 6 | Clinton | 19.0% (±12.1 points) |
| 7 | Graceville Township | 15.8% (±22.6 points) |
Showing 7 of 22 places in Big Stone 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.
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Questions about Graceville
How many renters are there in Graceville?
Graceville has an estimated 112 (±30) renting households, 42.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Graceville?
In Graceville, the share of households that rent went from 27.5% in 2015–2019 to 42.7% in 2020–2024 (+15.2 percentage points), a measurable increase.
How big are renting households in Graceville?
A renting household in Graceville has 2.0 people on average, against 2.0 in an owned home.
How much do renters earn in Graceville?
The median renting household in Graceville, MN has an income of $33,625 (±$2,157) a year, against $103,750 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Graceville city, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Graceville city, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Graceville city, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Graceville city, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Graceville city, 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 Graceville city, Minnesota (place:24758, in state:27).
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 Graceville at a glance
- Median rent in Graceville
- Rent burden in Graceville
- Income and affordability in Graceville
- Home values in Graceville
- Homeowner costs in Graceville
- Property taxes in Graceville
- Types of homes in Graceville
- Bedrooms in Graceville
- Age of homes in Graceville
- Heating fuel in Graceville
- Commute and cars in Graceville
- How long people stay in Graceville
- Minnesota landlord and tenant rules
- Housing across Big Stone County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota