What percentage of people rent in Millwood Township, MN?

7.7% (±2.3 points) of the occupied homes in Millwood Township, MN are rented (2020–2024 American Community Survey).

That is 26 renting households against 313 that own their home.

In Millwood Township, the share of households that rent went from 12.1% in 2015–2019 to 7.7% in 2020–2024 (−4.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
7.7% (±2.3 points)
Renting households
26 (±8)
Median renter income
$101,250 (±$33,899)

Who rents and who owns in Millwood Township

Tenure, estimate (90% margin of error)
Millwood TownshipStearns CountyMinnesotaUnited States
Renter-occupied share7.7% (±2.3 points)32.1% (±1.1 points)27.8% (±0.2 points)34.8%
Renting households26 (±8)19,740 (±764)641,268 (±4,528)45,017,354
Owning households313 (±49)41,663 (±663)1,666,687 (±7,556)84,210,142
Average renter household size2.6 (±0.9)2.2 (±0.1)2.0 (±0.0)2.3
Average owner household size3.1 (±0.4)2.7 (±0.1)2.6 (±0.0)2.6
Median renter household income$101,250 (±$33,899)$42,826 (±$2,417)$51,080 (±$531)$52,966
Median owner household income$103,542 (±$23,542)$96,893 (±$2,055)$108,214 (±$476)$100,009

In Millwood Township, the renter share is lower than in Stearns County (32.1%).

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

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

In Stearns County, Millwood Township ranks 41 of 63 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1551 of 2,628.

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

How renting in Millwood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent12.1% (±4.1 points)7.7% (±2.3 points)−4.4 percentage pointsNot a measurable change
Median gross rent$950 (±$591)$750 (±$343)−21.1%No measurable change after inflation
Median household income$85,972 (±$12,806)$103,393 (±$21,199)+20.3%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 Millwood Township

Nearest places with a published estimate, compared with Millwood Township
PlaceDistanceHouseholds that rentCompared with this place
Millwood Township—7.7% (±2.3 points)—
St. Rosa1.2 mi19.4% (±18.8 points)Not measurably different
Freeport3.7 mi9.9% (±6.5 points)Not measurably different
St. Anthony (Stearns County)4.6 mi14.3% (±18.7 points)Not measurably different
Krain Township5.5 mi6.4% (±3.3 points)Not measurably different
Melrose6.1 mi26.3% (±6.5 points)Higher
New Munich6.2 mi10.0% (±9.7 points)Not measurably different
Oak Township6.6 mi13.7% (±5.6 points)Not measurably different
Melrose Township6.9 mi6.7% (±5.5 points)Not measurably different

Nearby places with a measurably higher figure: Melrose, MN (26.3%).

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

Households that rent across Stearns County, place by place

RankPlaceHouseholds that rent
34 (tie)Munson Township9.3% (±10.2 points)
36St. Augusta8.9% (±6.1 points)
37Sauk Centre Township8.8% (±6.5 points)
38Greenwald8.1% (±6.5 points)
39 (tie)Avon Township8.0% (±6.2 points)
39 (tie)Crow River Township8.0% (±6.7 points)
41Millwood Township7.7% (±2.3 points)
42Collegeville Township7.6% (±3.3 points)
43North Fork Township7.0% (±5.9 points)
44 (tie)Brockway Township6.9% (±4.1 points)
44 (tie)Farming Township6.9% (±3.6 points)
46Le Sauk Township6.8% (±5.1 points)
47Melrose Township6.7% (±5.5 points)

Showing 13 of 63 places in Stearns 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 Millwood Township

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Questions about Millwood Township

How many renters are there in Millwood Township?

Millwood Township has an estimated 26 (±8) renting households, 7.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Millwood Township?

In Millwood Township, the share of households that rent went from 12.1% in 2015–2019 to 7.7% in 2020–2024 (−4.4 percentage points), not a measurable change.

How big are renting households in Millwood Township?

A renting household in Millwood Township has 2.6 people on average, against 3.1 in an owned home.

How much do renters earn in Millwood Township?

The median renting household in Millwood Township, MN has an income of $101,250 (±$33,899) a year, against $103,542 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 Millwood township, Stearns County, Minnesota (county subdivision:42308, in state:27 county:145).

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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