What percentage of people rent in Richwood Township, MN?

20.2% (±9.9 points) of the occupied homes in Richwood Township, MN are rented (2020–2024 American Community Survey).

That is 76 renting households against 300 that own their home.

In Richwood Township, the share of households that rent went from 5.4% in 2015–2019 to 20.2% in 2020–2024 (+14.8 percentage points), a measurable increase.

Figures last updated on .

Households that rent
20.2% (±9.9 points)
Renting households
76 (±42)
Median renter income
$56,286 (±$2,673)

Who rents and who owns in Richwood Township

Tenure, estimate (90% margin of error)
Richwood TownshipBecker CountyMinnesotaUnited States
Renter-occupied share20.2% (±9.9 points)22.8% (±1.7 points)27.8% (±0.2 points)34.8%
Renting households76 (±42)3,287 (±255)641,268 (±4,528)45,017,354
Owning households300 (±57)11,123 (±289)1,666,687 (±7,556)84,210,142
Average renter household size1.5 (±0.5)1.9 (±0.1)2.0 (±0.0)2.3
Average owner household size2.6 (±0.4)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$56,286 (±$2,673)$36,775 (±$2,249)$51,080 (±$531)$52,966
Median owner household income$88,750 (±$20,165)$86,097 (±$2,611)$108,214 (±$476)$100,009

In Richwood Township, the renter share is not measurably different from Becker County (22.8%).

It is not measurably different from Minnesota (27.8%).

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

In Becker County, Richwood Township ranks 10 of 44 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 568 of 2,628.

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

How renting in Richwood Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent5.4% (±3.0 points)20.2% (±9.9 points)+14.8 percentage pointsMeasurable increase
Median gross rent$613 (±$210)$1,671 (±$647)+172.6%Up after inflation
Median household income$64,375 (±$10,541)$69,750 (±$10,735)+8.3%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 Richwood Township

Nearest places with a published estimate, compared with Richwood Township
PlaceDistanceHouseholds that rentCompared with this place
Richwood Township—20.2% (±9.9 points)—
Detroit Township4.4 mi15.3% (±6.7 points)Not measurably different
Callaway4.7 mi23.9% (±12.2 points)Not measurably different
Hamden Township5.2 mi0.0% (±23.2 points)Not measurably different
Holmesville Township6.3 mi0.0% (±10.2 points)Lower
Audubon6.5 mi31.4% (±12.6 points)Not measurably different
Erie Township7.3 mi6.3% (±3.7 points)Lower
Audubon Township7.3 mi9.6% (±10.4 points)Not measurably different
Callaway Township7.9 mi10.0% (±6.7 points)Not measurably different

Nearby places with a measurably lower figure: Holmesville Township, MN (0.0%), Erie Township, MN (6.3%).

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

Households that rent across Becker County, place by place

RankPlaceHouseholds that rent
4Ogema42.2% (±11.4 points)
5Pine Point Township39.4% (±10.5 points)
6Frazee34.7% (±8.2 points)
7Audubon31.4% (±12.6 points)
8Callaway23.9% (±12.2 points)
9Eagle View Township23.0% (±10.6 points)
10Richwood Township20.2% (±9.9 points)
11Lake Park17.3% (±6.2 points)
12Maple Grove Township (Becker County)16.0% (±5.9 points)
13Spring Creek Township (Becker County)15.4% (±11.9 points)
14Detroit Township15.3% (±6.7 points)
15Toad Lake Township14.4% (±8.8 points)
16Riceville Township14.3% (±12.9 points)

Showing 13 of 44 places in Becker 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 Richwood Township

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Questions about Richwood Township

How many renters are there in Richwood Township?

Richwood Township has an estimated 76 (±42) renting households, 20.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Richwood Township?

In Richwood Township, the share of households that rent went from 5.4% in 2015–2019 to 20.2% in 2020–2024 (+14.8 percentage points), a measurable increase.

How big are renting households in Richwood Township?

A renting household in Richwood Township has 1.5 people on average, against 2.6 in an owned home.

How much do renters earn in Richwood Township?

The median renting household in Richwood Township, MN has an income of $56,286 (±$2,673) a year, against $88,750 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 Richwood township, Becker County, Minnesota (county subdivision:54376, in state:27 county:005).

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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