What percentage of people rent in Lakeport Township, MN?
8.9% (±3.8 points) of the occupied homes in Lakeport Township, MN are rented (2020–2024 American Community Survey).
That is 33 renting households against 336 that own their home.
In Lakeport Township, the share of households that rent went from 5.4% in 2015–2019 to 8.9% in 2020–2024 (+3.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 8.9% (±3.8 points)
- Renting households
- 33 (±14)
Who rents and who owns in Lakeport Township
| Lakeport Township | Hubbard County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 8.9% (±3.8 points) | 16.9% (±1.6 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 33 (±14) | 1,519 (±148) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 336 (±45) | 7,445 (±198) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 1.9 (±0.5) | 2.1 (±0.2) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | — | $37,873 (±$8,943) | $51,080 (±$531) | $52,966 |
| Median owner household income | $80,833 (±$12,903) | $80,345 (±$3,080) | $108,214 (±$476) | $100,009 |
In Lakeport Township, the renter share is lower than in Hubbard County (16.9%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Hubbard County, Lakeport Township ranks 13 of 32 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1399 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Lakeport Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 5.4% (±3.5 points) | 8.9% (±3.8 points) | +3.5 percentage points | Not a measurable change |
| Median gross rent | $625 (±$326) | $1,034 (±$550) | +65.4% | No measurable change after inflation |
| Median household income | $60,500 (±$5,536) | $78,068 (±$11,374) | +29.0% | 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 Lakeport Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Lakeport Township | — | 8.9% (±3.8 points) | — |
| Laporte | 3.0 mi | 6.5% (±9.1 points) | Not measurably different |
| Leech Lake Township | 5.2 mi | 3.6% (±2.8 points) | Lower |
| Steamboat River Township | 5.2 mi | 28.6% (±20.4 points) | Not measurably different |
| Hart Lake Township | 6.1 mi | 11.4% (±4.9 points) | Not measurably different |
| Wilkinson Township | 7.5 mi | 27.8% (±10.1 points) | Higher |
| Hendrickson Township | 7.8 mi | 3.9% (±3.2 points) | Lower |
| Guthrie Township | 8.8 mi | 12.9% (±11.2 points) | Not measurably different |
| Walker | 8.8 mi | 53.5% (±9.0 points) | Higher |
Nearby places with a measurably lower figure: Leech Lake Township, MN (3.6%), Hendrickson Township, MN (3.9%).
Nearby places with a measurably higher figure: Wilkinson Township, MN (27.8%), Walker, MN (53.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Hubbard County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 7 | Guthrie Township | 12.9% (±11.2 points) |
| 8 | Hart Lake Township | 11.4% (±4.9 points) |
| 9 | Akeley | 10.6% (±7.0 points) |
| 10 | Henrietta Township | 9.6% (±4.1 points) |
| 11 | White Oak Township | 9.5% (±6.3 points) |
| 12 (tie) | Badoura Township | 8.9% (±10.5 points) |
| 12 (tie) | Lakeport Township | 8.9% (±3.8 points) |
| 14 (tie) | Akeley Township | 8.4% (±5.4 points) |
| 14 (tie) | Rockwood Township (Hubbard County) | 8.4% (±6.8 points) |
| 16 | Straight River Township | 8.2% (±4.6 points) |
| 17 (tie) | Laporte | 6.5% (±9.1 points) |
| 17 (tie) | Arago Township | 6.5% (±3.3 points) |
| 17 (tie) | Clay Township | 6.5% (±8.8 points) |
Showing 13 of 32 places in Hubbard 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 Lakeport Township
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Questions about Lakeport Township
How many renters are there in Lakeport Township?
Lakeport Township has an estimated 33 (±14) renting households, 8.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Lakeport Township?
In Lakeport Township, the share of households that rent went from 5.4% in 2015–2019 to 8.9% in 2020–2024 (+3.5 percentage points), not a measurable change.
How big are renting households in Lakeport Township?
A renting household in Lakeport Township has 1.9 people on average, against 2.3 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Lakeport township, Hubbard County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Lakeport township, Hubbard County, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Lakeport township, Hubbard County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Lakeport township, Hubbard County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Lakeport township, Hubbard 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 Lakeport township, Hubbard County, Minnesota (county subdivision:34838, in state:27 county:057).
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 Lakeport Township at a glance
- Income and affordability in Lakeport Township
- Home values in Lakeport Township
- Homeowner costs in Lakeport Township
- Property taxes in Lakeport Township
- Types of homes in Lakeport Township
- Bedrooms in Lakeport Township
- Age of homes in Lakeport Township
- Heating fuel in Lakeport Township
- Commute and cars in Lakeport Township
- How long people stay in Lakeport Township
- Minnesota landlord and tenant rules
- Housing across Hubbard County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota