What percentage of people rent in Lebanon, CT?

12.0% (±5.5 points) of the occupied homes in Lebanon, CT are rented (2020–2024 American Community Survey).

That is 339 renting households against 2,495 that own their home.

In Lebanon, the share of households that rent went from 13.0% in 2015–2019 to 12.0% in 2020–2024 (−1.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
12.0% (±5.5 points)
Renting households
339 (±163)
Median renter income
$78,804 (±$21,423)

Who rents and who owns in Lebanon

Tenure, estimate (90% margin of error)
LebanonSoutheastern Connecticut Planning RegionConnecticutUnited States
Renter-occupied share12.0% (±5.5 points)34.9% (±1.1 points)33.5% (±0.3 points)34.8%
Renting households339 (±163)40,427 (±1,309)481,018 (±4,678)45,017,354
Owning households2,495 (±202)75,341 (±1,292)952,989 (±5,585)84,210,142
Average renter household size2.3 (±0.9)2.1 (±0.0)2.1 (±0.0)2.3
Average owner household size2.5 (±0.2)2.4 (±0.0)2.6 (±0.0)2.6
Median renter household income$78,804 (±$21,423)$49,626 (±$2,346)$52,072 (±$906)$52,966
Median owner household income$125,947 (±$13,869)$111,365 (±$2,302)$125,125 (±$969)$100,009

In Lebanon, the renter share is lower than in Southeastern Connecticut Planning Region (34.9%).

It is also lower than in Connecticut (33.5%).

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

In Southeastern Connecticut Planning Region, Lebanon ranks 16 of 19 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 122 of 169.

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

How renting in Lebanon has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent13.0% (±4.9 points)12.0% (±5.5 points)−1.0 percentage pointsNot a measurable change
Median gross rent$1,119 (±$344)$1,630 (±$534)+45.7%No measurable change after inflation
Median household income$91,684 (±$7,608)$109,135 (±$19,475)+19.0%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 Lebanon

Nearest places with a published estimate, compared with Lebanon
PlaceDistanceHouseholds that rentCompared with this place
Lebanon—12.0% (±5.5 points)—
South Windham4.6 mi20.0% (±11.8 points)Not measurably different
Franklin5.1 mi15.9% (±4.8 points)Not measurably different
Columbia5.4 mi16.7% (±15.2 points)Not measurably different
Willimantic6.0 mi65.1% (±3.8 points)Higher
Colchester (community)6.1 mi46.5% (±7.6 points)Higher
Windham6.7 mi52.6% (±3.3 points)Higher
Bozrah6.9 mi12.6% (±4.6 points)Not measurably different
Colchester7.5 mi23.5% (±4.1 points)Higher

Nearby places with a measurably higher figure: Willimantic, CT (65.1%), Colchester (community), CT (46.5%), Windham, CT (52.6%).

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

Households that rent across Southeastern Connecticut Planning Region, place by place

RankPlaceHouseholds that rent
10Waterford20.3% (±4.2 points)
11Montville18.2% (±3.3 points)
12Ledyard17.3% (±4.4 points)
13Franklin15.9% (±4.8 points)
14Salem13.4% (±8.8 points)
15Bozrah12.6% (±4.6 points)
16Lebanon12.0% (±5.5 points)
17Preston8.3% (±3.9 points)
18North Stonington7.1% (±3.6 points)
19Lisbon2.1% (±2.6 points)

Showing 10 of 19 places in Southeastern Connecticut Planning Region, 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 Lebanon

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Questions about Lebanon

How many renters are there in Lebanon?

Lebanon has an estimated 339 (±163) renting households, 12.0% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Lebanon?

In Lebanon, the share of households that rent went from 13.0% in 2015–2019 to 12.0% in 2020–2024 (−1.0 percentage points), not a measurable change.

How big are renting households in Lebanon?

A renting household in Lebanon has 2.3 people on average, against 2.5 in an owned home.

How much do renters earn in Lebanon?

The median renting household in Lebanon, CT has an income of $78,804 (±$21,423) a year, against $125,947 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 Lebanon town, Southeastern Connecticut Planning Region, Connecticut (county subdivision:42390, in state:09 county:180).

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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