What percentage of people rent in Franklin Township (Portage County), OH?
39.4% (±7.1 points) of the occupied homes in Franklin Township (Portage County), OH are rented (2020–2024 American Community Survey).
That is 1,027 renting households against 1,580 that own their home.
In Franklin Township (Portage County), the share of households that rent went from 30.8% in 2015–2019 to 39.4% in 2020–2024 (+8.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 39.4% (±7.1 points)
- Renting households
- 1,027 (±180)
- Median renter income
- $24,852 (±$11,228)
Who rents and who owns in Franklin Township (Portage County)
| Franklin Township (Portage County) | Portage County | Ohio | United States | |
|---|---|---|---|---|
| Renter-occupied share | 39.4% (±7.1 points) | 29.9% (±1.4 points) | 32.8% (±0.3 points) | 34.8% |
| Renting households | 1,027 (±180) | 19,481 (±936) | 1,595,287 (±11,760) | 45,017,354 |
| Owning households | 1,580 (±257) | 45,768 (±949) | 3,267,904 (±16,882) | 84,210,142 |
| Average renter household size | 2.6 (±0.4) | 2.0 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.5 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $24,852 (±$11,228) | $38,590 (±$2,747) | $42,829 (±$325) | $52,966 |
| Median owner household income | $90,664 (±$14,763) | $94,482 (±$3,539) | $90,122 (±$343) | $100,009 |
In Franklin Township (Portage County), the renter share is higher than in Portage County (29.9%).
It is not measurably different from Ohio (32.8%).
It is not measurably different from the national figure (34.8%).
In Portage County, Franklin Township (Portage County) ranks 4 of 29 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 277 of 2,382.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Franklin Township (Portage County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 30.8% (±5.7 points) | 39.4% (±7.1 points) | +8.6 percentage points | Not a measurable change |
| Median gross rent | $894 (±$104) | $971 (±$78) | +8.6% | No measurable change after inflation |
| Median household income | $75,602 (±$15,207) | $64,034 (±$15,346) | −15.3% | Down 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 Franklin Township (Portage County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Franklin Township (Portage County) | — | 39.4% (±7.1 points) | — |
| Sugar Bush Knolls | 1.8 mi | 0.0% (±29.2 points) | Lower |
| Kent | 2.4 mi | 59.2% (±4.3 points) | Higher |
| Streetsboro | 4.2 mi | 34.0% (±4.6 points) | Not measurably different |
| Stow | 4.9 mi | 28.0% (±2.9 points) | Lower |
| Ravenna Township | 5.1 mi | 16.4% (±4.4 points) | Lower |
| Ravenna | 5.4 mi | 52.6% (±5.9 points) | Higher |
| Munroe Falls | 5.5 mi | 20.8% (±9.3 points) | Lower |
| Brimfield | 5.8 mi | 3.3% (±3.0 points) | Lower |
Nearby places with a measurably lower figure: Sugar Bush Knolls, OH (0.0%), Stow, OH (28.0%), Ravenna Township, OH (16.4%).
Nearby places with a measurably higher figure: Kent, OH (59.2%), Ravenna, OH (52.6%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Portage County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Kent | 59.2% (±4.3 points) |
| 2 | Ravenna | 52.6% (±5.9 points) |
| 3 | Hiram | 45.7% (±15.8 points) |
| 4 | Franklin Township (Portage County) | 39.4% (±7.1 points) |
| 5 | Mantua | 39.3% (±12.0 points) |
| 6 | Streetsboro | 34.0% (±4.6 points) |
| 7 | Garrettsville | 33.1% (±11.5 points) |
| 8 | Windham | 32.0% (±10.8 points) |
| 9 | Brimfield Township | 30.0% (±5.9 points) |
| 10 | Suffield | 29.9% (±15.5 points) |
Showing 10 of 29 places in Portage 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.
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Questions about Franklin Township (Portage County)
How many renters are there in Franklin Township (Portage County)?
Franklin Township (Portage County) has an estimated 1,027 (±180) renting households, 39.4% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Franklin Township (Portage County)?
In Franklin Township (Portage County), the share of households that rent went from 30.8% in 2015–2019 to 39.4% in 2020–2024 (+8.6 percentage points), not a measurable change.
How big are renting households in Franklin Township (Portage County)?
A renting household in Franklin Township (Portage County) has 2.6 people on average, against 2.3 in an owned home.
How much do renters earn in Franklin Township (Portage County)?
The median renting household in Franklin Township (Portage County), OH has an income of $24,852 (±$11,228) a year, against $90,664 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Portage County, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Franklin township, Portage County, Ohio
- 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 Franklin township, Portage County, Ohio (county subdivision:28392, in state:39 county:133).
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 Franklin Township (Portage County) at a glance
- Median rent in Franklin Township (Portage County)
- Rent by bedrooms in Franklin Township (Portage County)
- Rent burden in Franklin Township (Portage County)
- Income and affordability in Franklin Township (Portage County)
- Home values in Franklin Township (Portage County)
- Homeowner costs in Franklin Township (Portage County)
- Property taxes in Franklin Township (Portage County)
- Types of homes in Franklin Township (Portage County)
- Bedrooms in Franklin Township (Portage County)
- Age of homes in Franklin Township (Portage County)
- Heating fuel in Franklin Township (Portage County)
- Commute and cars in Franklin Township (Portage County)
- Population growth in Franklin Township (Portage County)
- How long people stay in Franklin Township (Portage County)
- Crowding and facilities in Franklin Township (Portage County)
- Fair Market Rent in Franklin Township (Portage County)
- Ohio landlord and tenant rules
- Housing across Portage County
- Ohio places ranked by share of renters
- Housing data for every place in Ohio