What percentage of people rent in Perham, MN?

47.4% (±9.1 points) of the occupied homes in Perham, MN are rented (2020–2024 American Community Survey).

That is 720 renting households against 799 that own their home.

In Perham, the share of households that rent went from 42.0% in 2015–2019 to 47.4% in 2020–2024 (+5.4 percentage points), not a measurable change.

Figures last updated on .

Households that rent
47.4% (±9.1 points)
Renting households
720 (±159)
Median renter income
$31,280 (±$11,096)

Who rents and who owns in Perham

Tenure, estimate (90% margin of error)
PerhamOtter Tail CountyMinnesotaUnited States
Renter-occupied share47.4% (±9.1 points)20.5% (±1.5 points)27.8% (±0.2 points)34.8%
Renting households720 (±159)5,161 (±401)641,268 (±4,528)45,017,354
Owning households799 (±164)19,996 (±439)1,666,687 (±7,556)84,210,142
Average renter household size1.9 (±0.3)1.8 (±0.1)2.0 (±0.0)2.3
Average owner household size2.6 (±0.4)2.5 (±0.1)2.6 (±0.0)2.6
Median renter household income$31,280 (±$11,096)$36,830 (±$2,912)$51,080 (±$531)$52,966
Median owner household income$69,617 (±$17,242)$85,697 (±$2,011)$108,214 (±$476)$100,009

In Perham, the renter share is higher than in Otter Tail County (20.5%).

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

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

In Otter Tail County, Perham ranks 2 of 82 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 39 of 2,628.

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

How renting in Perham has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent42.0% (±6.9 points)47.4% (±9.1 points)+5.4 percentage pointsNot a measurable change
Median gross rent$705 (±$95)$855 (±$136)+21.3%No measurable change after inflation
Median household income$46,128 (±$4,213)$49,716 (±$8,242)+7.8%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 Perham

Nearest places with a published estimate, compared with Perham
PlaceDistanceHouseholds that rentCompared with this place
Perham—47.4% (±9.1 points)—
Perham Township1.5 mi4.9% (±3.5 points)Lower
Pine Lake Township (Otter Tail County)5.0 mi6.3% (±4.2 points)Lower
Edna Township5.5 mi8.6% (±4.3 points)Lower
Gorman Township5.6 mi6.3% (±3.5 points)Lower
Richville6.9 mi50.0% (±33.6 points)Not measurably different
Rush Lake Township6.9 mi9.8% (±4.1 points)Lower
Corliss Township7.4 mi5.1% (±5.9 points)Lower
Dent7.4 mi16.7% (±12.1 points)Lower

Nearby places with a measurably lower figure: Perham Township, MN (4.9%), Pine Lake Township (Otter Tail County), MN (6.3%), Edna Township, MN (8.6%).

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

Households that rent across Otter Tail County, place by place

RankPlaceHouseholds that rent
1Richville50.0% (±33.6 points)
2Perham47.4% (±9.1 points)
3New York Mills41.4% (±6.3 points)
4Henning40.9% (±8.7 points)
5Battle Lake38.1% (±8.0 points)
6Pelican Rapids36.1% (±10.0 points)
7Fergus Falls35.9% (±4.2 points)
8Vergas29.5% (±7.7 points)

Showing 8 of 82 places in Otter Tail 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 Perham

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Questions about Perham

How many renters are there in Perham?

Perham has an estimated 720 (±159) renting households, 47.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Perham?

In Perham, the share of households that rent went from 42.0% in 2015–2019 to 47.4% in 2020–2024 (+5.4 percentage points), not a measurable change.

How big are renting households in Perham?

A renting household in Perham has 1.9 people on average, against 2.6 in an owned home.

How much do renters earn in Perham?

The median renting household in Perham, MN has an income of $31,280 (±$11,096) a year, against $69,617 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 Perham city, Minnesota (place:50470, 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.

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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