What percentage of people rent in Paxton Township, MN?
7.8% (±3.8 points) of the occupied homes in Paxton Township, MN are rented (2020–2024 American Community Survey).
That is 22 renting households against 261 that own their home.
In Paxton Township, the share of households that rent went from 8.6% in 2015–2019 to 7.8% in 2020–2024 (−0.8 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 7.8% (±3.8 points)
- Renting households
- 22 (±12)
- Median renter income
- $37,500 (±$23,107)
Who rents and who owns in Paxton Township
| Paxton Township | Redwood County | Minnesota | United States | |
|---|---|---|---|---|
| Renter-occupied share | 7.8% (±3.8 points) | 21.6% (±2.6 points) | 27.8% (±0.2 points) | 34.8% |
| Renting households | 22 (±12) | 1,360 (±178) | 641,268 (±4,528) | 45,017,354 |
| Owning households | 261 (±34) | 4,933 (±167) | 1,666,687 (±7,556) | 84,210,142 |
| Average renter household size | 2.4 (±0.9) | 1.8 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.3) | 2.5 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $37,500 (±$23,107) | $31,129 (±$6,107) | $51,080 (±$531) | $52,966 |
| Median owner household income | $85,250 (±$15,507) | $75,539 (±$3,819) | $108,214 (±$476) | $100,009 |
In Paxton Township, the renter share is lower than in Redwood County (21.6%).
It is also lower than in Minnesota (27.8%).
It is lower than the national figure (34.8%).
In Redwood County, Paxton Township ranks 23 of 40 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1534 of 2,628.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Paxton Township has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 8.6% (±4.3 points) | 7.8% (±3.8 points) | −0.8 percentage points | Not a measurable change |
| Median household income | $57,500 (±$7,028) | $78,472 (±$13,084) | +36.5% | 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 Paxton Township
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Paxton Township | — | 7.8% (±3.8 points) | — |
| Redwood Falls | 3.6 mi | 31.7% (±6.0 points) | Higher |
| Morton | 4.4 mi | 25.4% (±8.2 points) | Higher |
| Beaver Falls Township | 5.7 mi | 4.9% (±4.0 points) | Not measurably different |
| Sherman Township | 5.8 mi | 4.8% (±5.0 points) | Not measurably different |
| Three Lakes Township | 6.2 mi | 8.3% (±9.0 points) | Not measurably different |
| Birch Cooley Township | 6.5 mi | 1.3% (±3.3 points) | Lower |
| Redwood Falls Township | 6.7 mi | 8.5% (±7.6 points) | Not measurably different |
| Franklin | 8.3 mi | 16.1% (±6.7 points) | Higher |
Nearby places with a measurably lower figure: Birch Cooley Township, MN (1.3%).
Nearby places with a measurably higher figure: Redwood Falls, MN (31.7%), Morton, MN (25.4%), Franklin, MN (16.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Redwood County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 17 | Sanborn | 10.7% (±6.8 points) |
| 18 (tie) | Delhi | 10.0% (±13.3 points) |
| 18 (tie) | New Avon Township | 10.0% (±6.5 points) |
| 20 | Delhi Township | 9.7% (±6.1 points) |
| 21 | Redwood Falls Township | 8.5% (±7.6 points) |
| 22 | Three Lakes Township | 8.3% (±9.0 points) |
| 23 | Paxton Township | 7.8% (±3.8 points) |
| 24 | Willow Lake Township | 7.6% (±7.8 points) |
| 25 | Springdale Township | 7.2% (±5.8 points) |
| 26 | Clements | 5.4% (±5.6 points) |
| 27 | Lamberton Township | 5.0% (±6.4 points) |
| 28 | Sherman Township | 4.8% (±5.0 points) |
| 29 | Vesta | 4.3% (±3.0 points) |
Showing 13 of 40 places in Redwood 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 Paxton Township
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Questions about Paxton Township
How many renters are there in Paxton Township?
Paxton Township has an estimated 22 (±12) renting households, 7.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Paxton Township?
In Paxton Township, the share of households that rent went from 8.6% in 2015–2019 to 7.8% in 2020–2024 (−0.8 percentage points), not a measurable change.
How big are renting households in Paxton Township?
A renting household in Paxton Township has 2.4 people on average, against 2.5 in an owned home.
How much do renters earn in Paxton Township?
The median renting household in Paxton Township, MN has an income of $37,500 (±$23,107) a year, against $85,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Paxton township, Redwood County, Minnesota
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Paxton township, Redwood County, Minnesota
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Paxton township, Redwood County, Minnesota
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Paxton township, Redwood County, Minnesota
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Paxton township, Redwood 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 Paxton township, Redwood County, Minnesota (county subdivision:49894, in state:27 county:127).
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 Paxton Township at a glance
- Income and affordability in Paxton Township
- Home values in Paxton Township
- Homeowner costs in Paxton Township
- Property taxes in Paxton Township
- Types of homes in Paxton Township
- Bedrooms in Paxton Township
- Age of homes in Paxton Township
- Heating fuel in Paxton Township
- Commute and cars in Paxton Township
- How long people stay in Paxton Township
- Minnesota landlord and tenant rules
- Housing across Redwood County
- Minnesota places ranked by share of renters
- Housing data for every place in Minnesota