What percentage of people rent in Spring City, TN?
28.8% (±8.6 points) of the occupied homes in Spring City, TN are rented (2020–2024 American Community Survey).
That is 274 renting households against 677 that own their home.
In Spring City, the share of households that rent went from 39.3% in 2015–2019 to 28.8% in 2020–2024 (−10.5 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 28.8% (±8.6 points)
- Renting households
- 274 (±98)
- Median renter income
- $18,917 (±$17,228)
Who rents and who owns in Spring City
| Spring City | Rhea County | Tennessee | United States | |
|---|---|---|---|---|
| Renter-occupied share | 28.8% (±8.6 points) | 28.5% (±2.7 points) | 33.1% (±0.3 points) | 34.8% |
| Renting households | 274 (±98) | 3,843 (±383) | 933,708 (±7,883) | 45,017,354 |
| Owning households | 677 (±179) | 9,632 (±435) | 1,890,569 (±10,295) | 84,210,142 |
| Average renter household size | 2.2 (±0.6) | 2.3 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.5) | 2.6 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $18,917 (±$17,228) | $34,015 (±$11,316) | $46,745 (±$535) | $52,966 |
| Median owner household income | $46,107 (±$20,932) | $63,179 (±$4,539) | $85,153 (±$545) | $100,009 |
In Spring City, the renter share is not measurably different from Rhea County (28.5%).
It is not measurably different from Tennessee (33.1%).
It is not measurably different from the national figure (34.8%).
In Rhea County, Spring City ranks 3 of 3 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 207 of 405.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Spring City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 39.3% (±8.7 points) | 28.8% (±8.6 points) | −10.5 percentage points | Not a measurable change |
| Median gross rent | $524 (±$276) | $781 (±$155) | +49.0% | No measurable change after inflation |
| Median household income | $30,729 (±$9,716) | $38,975 (±$6,827) | +26.8% | 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 Spring City
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Spring City | — | 28.8% (±8.6 points) | — |
| Decatur | 12 mi | 42.3% (±10.0 points) | Higher |
| Crab Orchard | 15 mi | 10.0% (±6.0 points) | Lower |
| Dayton | 15 mi | 54.4% (±8.3 points) | Higher |
| Rockwood | 17 mi | 46.8% (±8.2 points) | Higher |
| Lake Tansi | 17 mi | 5.3% (±3.0 points) | Lower |
| Pikeville | 19 mi | 48.8% (±10.4 points) | Higher |
| Graysville | 20 mi | 43.2% (±12.1 points) | Not measurably different |
| Crossville | 21 mi | 48.8% (±5.0 points) | Higher |
Nearby places with a measurably lower figure: Crab Orchard, TN (10.0%), Lake Tansi, TN (5.3%).
Nearby places with a measurably higher figure: Decatur, TN (42.3%), Dayton, TN (54.4%), Rockwood, TN (46.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Rhea County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Dayton | 54.4% (±8.3 points) |
| 2 | Graysville | 43.2% (±12.1 points) |
| 3 | Spring City | 28.8% (±8.6 points) |
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 Spring City
How many renters are there in Spring City?
Spring City has an estimated 274 (±98) renting households, 28.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Spring City?
In Spring City, the share of households that rent went from 39.3% in 2015–2019 to 28.8% in 2020–2024 (−10.5 percentage points), not a measurable change.
How big are renting households in Spring City?
A renting household in Spring City has 2.2 people on average, against 2.5 in an owned home.
How much do renters earn in Spring City?
The median renting household in Spring City, TN has an income of $18,917 (±$17,228) a year, against $46,107 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spring City town, Tennessee
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spring City town, Tennessee
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Spring City town, Tennessee
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spring City town, Tennessee
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spring City town, Tennessee
- 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 Spring City town, Tennessee (place:70400, in state:47).
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 Spring City at a glance
- Median rent in Spring City
- Rent by bedrooms in Spring City
- Income and affordability in Spring City
- Home values in Spring City
- Homeowner costs in Spring City
- Property taxes in Spring City
- Types of homes in Spring City
- Bedrooms in Spring City
- Age of homes in Spring City
- Heating fuel in Spring City
- Commute and cars in Spring City
- Crime reported to police in Spring City
- Population growth in Spring City
- How long people stay in Spring City
- Tennessee landlord and tenant rules
- Housing across Rhea County
- Tennessee places ranked by share of renters
- Housing data for every place in Tennessee