How many renters in Old Lyme, CT pay more than 30% of their income on rent?
51.6% (±20.5 points) of renting households in Old Lyme, CT spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
37.1% spend 35% or more.
The median renting household spends 30.6% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 51.6% (±20.5 points)
- Paying 35% or more
- 37.1% (±16.8 points)
- Median share of income
- 30.6% (±9.0 points)
Rent as a share of income in Old Lyme
| Share of income spent on rent | Old Lyme | Lower Connecticut River Valley Planning Region | Connecticut | United States |
|---|---|---|---|---|
| Less than 15% | 16.6% (±14.8 points) | 12.8% | 11.5% | 12.6% |
| 15% to 19.9% | 12.2% (±11.0 points) | 11.2% | 11.4% | 12.2% |
| 20% to 24.9% | 13.1% (±14.3 points) | 12.7% | 12.3% | 12.6% |
| 25% to 29.9% | 6.5% (±6.0 points) | 13.7% | 12.3% | 11.5% |
| 30% to 34.9% | 14.5% (±11.8 points) | 8.9% | 9.1% | 9.2% |
| 35% or more | 37.1% (±16.8 points) | 40.7% | 43.5% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
Old Lyme against Lower Connecticut River Valley Planning Region, its state and the nation
| Old Lyme | Lower Connecticut River Valley Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Paying 30% or more | 51.6% (±20.5 points) | 49.6% (±3.8 points) | 52.6% (±0.9 points) | 51.1% |
| Paying 35% or more | 37.1% (±16.8 points) | 40.7% (±3.3 points) | 43.5% (±0.8 points) | 41.9% |
| Median share of income | 30.6% (±9.0 points) | 29.8% (±1.5 points) | 31.4% (±0.4 points) | 30.6% |
| Median renter household income | $91,094 (±$55,957) | $58,403 (±$5,185) | $52,072 (±$906) | $52,966 |
| Median gross rent | $2,238 (±$295) | $1,454 (±$44) | $1,488 (±$10) | $1,413 |
In Old Lyme, the share of renters paying 30% or more of income is not measurably different from Lower Connecticut River Valley Planning Region (49.6%).
It is not measurably different from Connecticut (52.6%).
It is not measurably different from the national figure (51.1%).
In Lower Connecticut River Valley Planning Region, Old Lyme ranks 8 of 17 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 74 of 169.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near Old Lyme
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| Old Lyme | — | 51.6% (±20.5 points) | — |
| Old Saybrook Center | 3.2 mi | 57.0% (±30.3 points) | Not measurably different |
| Old Saybrook | 4.2 mi | 61.7% (±21.1 points) | Not measurably different |
| East Lyme | 5.0 mi | 64.0% (±12.4 points) | Not measurably different |
| Essex Village | 5.5 mi | 24.0% (±45.5 points) | Not measurably different |
| Niantic | 5.5 mi | 58.1% (±28.3 points) | Not measurably different |
| Saybrook Manor | 5.6 mi | 69.9% (±50.9 points) | Not measurably different |
| Lyme | 6.1 mi | 32.8% (±35.0 points) | Not measurably different |
| Essex | 6.2 mi | 38.5% (±16.8 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Lower Connecticut River Valley Planning Region, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 2 | Haddam | 63.1% (±23.7 points) |
| 3 | Old Saybrook | 61.7% (±21.1 points) |
| 4 | Cromwell | 61.1% (±15.9 points) |
| 5 | Deep River | 58.2% (±18.2 points) |
| 6 | Chester | 57.4% (±19.5 points) |
| 7 | Westbrook | 53.8% (±21.0 points) |
| 8 | Old Lyme | 51.6% (±20.5 points) |
| 9 | East Hampton | 48.7% (±15.5 points) |
| 10 | Portland | 48.1% (±20.8 points) |
| 11 | Middletown | 47.7% (±5.3 points) |
| 12 | Killingworth | 45.2% (±81.9 points) |
| 13 | Durham | 44.9% (±33.7 points) |
| 14 | Clinton | 43.5% (±13.2 points) |
Showing 13 of 17 places in Lower Connecticut River Valley Planning Region, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about Old Lyme
Are renters in Old Lyme rent-burdened?
51.6% of renting households in Old Lyme pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in Old Lyme spend on rent?
The median renting household in Old Lyme, CT spends 30.6% (±9.0 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Old Lyme town, Lower Connecticut River Valley Planning Region, Connecticut
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — Old Lyme town, Lower Connecticut River Valley Planning Region, Connecticut
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Old Lyme town, Lower Connecticut River Valley Planning Region, Connecticut
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 Old Lyme town, Lower Connecticut River Valley Planning Region, Connecticut (county subdivision:57040, in state:09 county:130).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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