What percentage of people rent in Franklin Township (Fayette County), PA?
15.5% (±6.9 points) of the occupied homes in Franklin Township (Fayette County), PA are rented (2020–2024 American Community Survey).
That is 163 renting households against 887 that own their home.
In Franklin Township (Fayette County), the share of households that rent went from 14.2% in 2015–2019 to 15.5% in 2020–2024 (+1.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 15.5% (±6.9 points)
- Renting households
- 163 (±76)
Who rents and who owns in Franklin Township (Fayette County)
| Franklin Township (Fayette County) | Fayette County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 15.5% (±6.9 points) | 27.6% (±1.2 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 163 (±76) | 15,235 (±696) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 887 (±126) | 39,947 (±866) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.5 (±1.1) | 1.9 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.2 (±0.2) | 2.3 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | — | $32,516 (±$2,355) | $47,506 (±$425) | $52,966 |
| Median owner household income | $61,932 (±$19,262) | $69,724 (±$2,909) | $95,990 (±$362) | $100,009 |
In Franklin Township (Fayette County), the renter share is lower than in Fayette County (27.6%).
It is also lower than in Pennsylvania (30.7%).
It is lower than the national figure (34.8%).
In Fayette County, Franklin Township (Fayette County) ranks 37 of 42 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 1524 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Franklin Township (Fayette County) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 14.2% (±6.1 points) | 15.5% (±6.9 points) | +1.3 percentage points | Not a measurable change |
| Median gross rent | $920 (±$136) | $731 (±$314) | −20.5% | Down after inflation |
| Median household income | $62,188 (±$10,889) | $57,250 (±$17,182) | −7.9% | 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 Franklin Township (Fayette County)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Franklin Township (Fayette County) | — | 15.5% (±6.9 points) | — |
| Vanderbilt | 4.3 mi | 6.6% (±5.3 points) | Lower |
| Dawson | 5.0 mi | 30.5% (±14.9 points) | Not measurably different |
| Menallen Township (Fayette County) | 5.1 mi | 17.5% (±9.3 points) | Not measurably different |
| Perryopolis | 5.4 mi | 22.6% (±7.4 points) | Not measurably different |
| Jefferson Township (Fayette County) | 5.5 mi | 7.2% (±4.3 points) | Lower |
| Lower Tyrone Township | 6.0 mi | 19.8% (±8.4 points) | Not measurably different |
| Redstone Township | 6.4 mi | 27.8% (±8.6 points) | Higher |
| Oliver | 6.6 mi | 45.5% (±11.1 points) | Higher |
Nearby places with a measurably lower figure: Vanderbilt, PA (6.6%), Jefferson Township (Fayette County), PA (7.2%).
Nearby places with a measurably higher figure: Redstone Township, PA (27.8%), Oliver, PA (45.5%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Fayette County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 30 (tie) | Springhill Township (Fayette County) | 19.4% (±7.2 points) |
| 32 | Nicholson Township (Fayette County) | 18.8% (±9.7 points) |
| 33 | Menallen Township (Fayette County) | 17.5% (±9.3 points) |
| 34 | Springfield Township (Fayette County) | 16.6% (±8.3 points) |
| 35 | Upper Tyrone Township | 16.0% (±5.5 points) |
| 36 (tie) | Bullskin Township | 15.5% (±5.4 points) |
| 36 (tie) | Franklin Township (Fayette County) | 15.5% (±6.9 points) |
| 38 | Connellsville Township | 14.4% (±8.2 points) |
| 39 | Luzerne Township | 13.8% (±7.6 points) |
| 40 | Ohiopyle | 12.5% (±22.3 points) |
| 41 | Jefferson Township (Fayette County) | 7.2% (±4.3 points) |
| 42 | Vanderbilt | 6.6% (±5.3 points) |
Showing 12 of 42 places in Fayette 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 (Fayette County)
How many renters are there in Franklin Township (Fayette County)?
Franklin Township (Fayette County) has an estimated 163 (±76) renting households, 15.5% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Franklin Township (Fayette County)?
In Franklin Township (Fayette County), the share of households that rent went from 14.2% in 2015–2019 to 15.5% in 2020–2024 (+1.3 percentage points), not a measurable change.
How big are renting households in Franklin Township (Fayette County)?
A renting household in Franklin Township (Fayette County) has 2.5 people on average, against 2.2 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Franklin township, Fayette County, Pennsylvania
- 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, Fayette County, Pennsylvania (county subdivision:27400, in state:42 county:051).
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 (Fayette County) at a glance
- Income and affordability in Franklin Township (Fayette County)
- Homeowner costs in Franklin Township (Fayette County)
- Property taxes in Franklin Township (Fayette County)
- Types of homes in Franklin Township (Fayette County)
- Bedrooms in Franklin Township (Fayette County)
- Age of homes in Franklin Township (Fayette County)
- Heating fuel in Franklin Township (Fayette County)
- Commute and cars in Franklin Township (Fayette County)
- Population growth in Franklin Township (Fayette County)
- How long people stay in Franklin Township (Fayette County)
- Fair Market Rent in Franklin Township (Fayette County)
- Pennsylvania landlord and tenant rules
- Housing across Fayette County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania