What percentage of people rent in Walcott Township, MN?

8.4% (±4.0 points) of the occupied homes in Walcott Township, MN are rented (2020–2024 American Community Survey).

That is 35 renting households against 384 that own their home.

In Walcott Township, the share of households that rent went from 12.3% in 2015–2019 to 8.4% in 2020–2024 (−3.9 percentage points), not a measurable change.

Figures last updated on .

Households that rent
8.4% (±4.0 points)
Renting households
35 (±19)
Median renter income
$51,042 (±$11,145)

Who rents and who owns in Walcott Township

Tenure, estimate (90% margin of error)
Walcott TownshipRice CountyMinnesotaUnited States
Renter-occupied share8.4% (±4.0 points)23.7% (±2.0 points)27.8% (±0.2 points)34.8%
Renting households35 (±19)5,575 (±465)641,268 (±4,528)45,017,354
Owning households384 (±56)17,918 (±521)1,666,687 (±7,556)84,210,142
Average renter household size2.9 (±0.9)2.3 (±0.2)2.0 (±0.0)2.3
Average owner household size2.6 (±0.3)2.6 (±0.1)2.6 (±0.0)2.6
Median renter household income$51,042 (±$11,145)$42,068 (±$6,105)$51,080 (±$531)$52,966
Median owner household income$113,750 (±$24,343)$97,004 (±$3,756)$108,214 (±$476)$100,009

In Walcott Township, the renter share is lower than in Rice County (23.7%).

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

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

In Rice County, Walcott Township ranks 10 of 20 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1457 of 2,628.

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

How renting in Walcott Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent12.3% (±4.4 points)8.4% (±4.0 points)−3.9 percentage pointsNot a measurable change
Median gross rent$1,000 (±$258)$1,031 (±$378)+3.1%No measurable change after inflation
Median household income$86,250 (±$4,516)$96,964 (±$33,620)+12.4%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 Walcott Township

Nearest places with a published estimate, compared with Walcott Township
PlaceDistanceHouseholds that rentCompared with this place
Walcott Township—8.4% (±4.0 points)—
Medford Township4.1 mi6.6% (±5.3 points)Not measurably different
Medford4.9 mi19.7% (±5.5 points)Higher
Faribault5.5 mi33.9% (±3.7 points)Higher
Richland Township5.6 mi10.6% (±7.1 points)Not measurably different
Warsaw Township (Rice County)6.5 mi3.0% (±1.8 points)Lower
Clinton Falls Township7.0 mi3.3% (±3.5 points)Not measurably different
Cannon City Township7.0 mi6.1% (±3.5 points)Not measurably different
Deerfield Township (Steele County)8.4 mi10.0% (±7.6 points)Not measurably different

Nearby places with a measurably lower figure: Warsaw Township (Rice County), MN (3.0%).

Nearby places with a measurably higher figure: Medford, MN (19.7%), Faribault, MN (33.9%).

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

Households that rent across Rice County, place by place

RankPlaceHouseholds that rent
4Morristown Township14.7% (±8.0 points)
5Shieldsville Township11.2% (±6.4 points)
6Richland Township10.6% (±7.1 points)
7Wells Township10.5% (±7.1 points)
8Erin Township10.3% (±8.5 points)
9Forest Township (Rice County)8.7% (±5.5 points)
10Walcott Township8.4% (±4.0 points)
11Lonsdale7.9% (±4.6 points)
12Wheatland Township7.7% (±7.6 points)
13Nerstrand6.8% (±5.0 points)
14Cannon City Township6.1% (±3.5 points)
15Wheeling Township5.2% (±3.5 points)
16Northfield Township5.1% (±4.0 points)

Showing 13 of 20 places in Rice 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 Walcott Township

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Questions about Walcott Township

How many renters are there in Walcott Township?

Walcott Township has an estimated 35 (±19) renting households, 8.4% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Walcott Township?

In Walcott Township, the share of households that rent went from 12.3% in 2015–2019 to 8.4% in 2020–2024 (−3.9 percentage points), not a measurable change.

How big are renting households in Walcott Township?

A renting household in Walcott Township has 2.9 people on average, against 2.6 in an owned home.

How much do renters earn in Walcott Township?

The median renting household in Walcott Township, MN has an income of $51,042 (±$11,145) a year, against $113,750 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 Walcott township, Rice County, Minnesota (county subdivision:67666, in state:27 county:131).

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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