What percentage of people rent in Prospect Township, OH?

15.5% (±6.0 points) of the occupied homes in Prospect Township, OH are rented (2020–2024 American Community Survey).

That is 144 renting households against 784 that own their home.

In Prospect Township, the share of households that rent went from 18.8% in 2015–2019 to 15.5% in 2020–2024 (−3.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
15.5% (±6.0 points)
Renting households
144 (±56)
Median renter income
$41,944 (±$18,302)

Who rents and who owns in Prospect Township

Tenure, estimate (90% margin of error)
Prospect TownshipMarion CountyOhioUnited States
Renter-occupied share15.5% (±6.0 points)32.5% (±2.1 points)32.8% (±0.3 points)34.8%
Renting households144 (±56)8,032 (±531)1,595,287 (±11,760)45,017,354
Owning households784 (±165)16,651 (±574)3,267,904 (±16,882)84,210,142
Average renter household size1.9 (±0.4)2.2 (±0.1)2.1 (±0.0)2.3
Average owner household size2.4 (±0.3)2.5 (±0.1)2.5 (±0.0)2.6
Median renter household income$41,944 (±$18,302)$36,106 (±$7,319)$42,829 (±$325)$52,966
Median owner household income$85,424 (±$5,802)$77,828 (±$4,499)$90,122 (±$343)$100,009

In Prospect Township, the renter share is lower than in Marion County (32.5%).

It is also lower than in Ohio (32.8%).

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

In Marion County, Prospect Township ranks 10 of 23 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1502 of 2,382.

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

How renting in Prospect Township has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent18.8% (±5.9 points)15.5% (±6.0 points)−3.3 percentage pointsNot a measurable change
Median gross rent$938 (±$192)$1,051 (±$111)+12.0%No measurable change after inflation
Median household income$58,750 (±$14,700)$83,796 (±$17,935)+42.6%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 Prospect Township

Nearest places with a published estimate, compared with Prospect Township
PlaceDistanceHouseholds that rentCompared with this place
Prospect Township—15.5% (±6.0 points)—
Prospect1.2 mi26.7% (±8.4 points)Higher
Green Camp4.4 mi15.4% (±9.2 points)Not measurably different
Pleasant Township (Marion County)4.9 mi5.2% (±4.4 points)Lower
Waldo5.3 mi37.3% (±14.8 points)Higher
Thompson Township (Delaware County)5.5 mi10.9% (±11.1 points)Not measurably different
Waldo Township5.9 mi14.6% (±9.8 points)Not measurably different
Green Camp Township6.2 mi12.0% (±8.7 points)Not measurably different
Richwood6.5 mi29.7% (±9.0 points)Higher

Nearby places with a measurably lower figure: Pleasant Township (Marion County), OH (5.2%).

Nearby places with a measurably higher figure: Prospect, OH (26.7%), Waldo, OH (37.3%), Richwood, OH (29.7%).

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

Households that rent across Marion County, place by place

RankPlaceHouseholds that rent
4New Bloomington35.0% (±25.2 points)
5Tully Township (Marion County)28.3% (±25.1 points)
6Prospect26.7% (±8.4 points)
7Salt Rock Township26.5% (±17.8 points)
8La Rue24.2% (±11.6 points)
9Montgomery Township (Marion County)18.7% (±7.8 points)
10Prospect Township15.5% (±6.0 points)
11 (tie)Green Camp15.4% (±9.2 points)
11 (tie)Claridon Township (Marion County)15.4% (±8.9 points)
13Waldo Township14.6% (±9.8 points)
14Green Camp Township12.0% (±8.7 points)
15Morral8.1% (±8.5 points)
16Big Island Township6.4% (±9.3 points)

Showing 13 of 23 places in Marion 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 Prospect Township

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Questions about Prospect Township

How many renters are there in Prospect Township?

Prospect Township has an estimated 144 (±56) renting households, 15.5% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Prospect Township?

In Prospect Township, the share of households that rent went from 18.8% in 2015–2019 to 15.5% in 2020–2024 (−3.3 percentage points), not a measurable change.

How big are renting households in Prospect Township?

A renting household in Prospect Township has 1.9 people on average, against 2.4 in an owned home.

How much do renters earn in Prospect Township?

The median renting household in Prospect Township, OH has an income of $41,944 (±$18,302) a year, against $85,424 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 Prospect township, Marion County, Ohio (county subdivision:64794, in state:39 county:101).

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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