What percentage of people rent in Old Lyme, CT?

11.2% (±3.0 points) of the occupied homes in Old Lyme, CT are rented (2020–2024 American Community Survey).

That is 357 renting households against 2,828 that own their home.

In Old Lyme, the share of households that rent went from 20.4% in 2015–2019 to 11.2% in 2020–2024 (−9.2 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
11.2% (±3.0 points)
Renting households
357 (±102)
Median renter income
$91,094 (±$55,957)

Who rents and who owns in Old Lyme

Tenure, estimate (90% margin of error)
Old LymeLower Connecticut River Valley Planning RegionConnecticutUnited States
Renter-occupied share11.2% (±3.0 points)24.2% (±1.2 points)33.5% (±0.3 points)34.8%
Renting households357 (±102)17,932 (±900)481,018 (±4,678)45,017,354
Owning households2,828 (±189)56,136 (±1,061)952,989 (±5,585)84,210,142
Average renter household size2.0 (±0.4)1.8 (±0.1)2.1 (±0.0)2.3
Average owner household size2.5 (±0.2)2.5 (±0.0)2.6 (±0.0)2.6
Median renter household income$91,094 (±$55,957)$58,403 (±$5,185)$52,072 (±$906)$52,966
Median owner household income$137,586 (±$13,680)$125,318 (±$3,903)$125,125 (±$969)$100,009

In Old Lyme, the renter share is lower than in Lower Connecticut River Valley Planning Region (24.2%).

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

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

In Lower Connecticut River Valley Planning Region, Old Lyme ranks 14 of 17 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 132 of 169.

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

How renting in Old Lyme has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent20.4% (±4.6 points)11.2% (±3.0 points)−9.2 percentage pointsMeasurable decrease
Median gross rent$1,334 (±$161)$2,238 (±$295)+67.8%Up after inflation
Median household income$96,567 (±$7,414)$131,899 (±$11,250)+36.6%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 Old Lyme

Nearest places with a published estimate, compared with Old Lyme
PlaceDistanceHouseholds that rentCompared with this place
Old Lyme—11.2% (±3.0 points)—
Old Saybrook Center3.2 mi25.6% (±10.3 points)Higher
Old Saybrook4.2 mi14.7% (±4.2 points)Not measurably different
East Lyme5.0 mi24.4% (±3.7 points)Higher
Essex Village5.5 mi7.7% (±5.7 points)Not measurably different
Niantic5.5 mi27.5% (±9.3 points)Higher
Saybrook Manor5.6 mi22.9% (±16.1 points)Not measurably different
Lyme6.1 mi9.2% (±4.7 points)Not measurably different
Essex6.2 mi21.9% (±7.3 points)Higher

Nearby places with a measurably higher figure: Old Saybrook Center, CT (25.6%), East Lyme, CT (24.4%), Niantic, CT (27.5%).

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

Households that rent across Lower Connecticut River Valley Planning Region, place by place

RankPlaceHouseholds that rent
8Clinton15.3% (±2.6 points)
9Old Saybrook14.7% (±4.2 points)
10East Hampton14.5% (±3.6 points)
11Middlefield13.5% (±11.3 points)
12Haddam13.3% (±4.1 points)
13 (tie)East Haddam11.2% (±5.4 points)
13 (tie)Old Lyme11.2% (±3.0 points)
15Lyme9.2% (±4.7 points)
16Durham6.8% (±3.5 points)
17Killingworth3.3% (±2.7 points)

Showing 10 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), compared with 2015–2019.

Margins of error are at the 90% confidence level.

What you can do on Seayora in Old Lyme

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Questions about Old Lyme

How many renters are there in Old Lyme?

Old Lyme has an estimated 357 (±102) renting households, 11.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Old Lyme?

In Old Lyme, the share of households that rent went from 20.4% in 2015–2019 to 11.2% in 2020–2024 (−9.2 percentage points), a measurable decrease.

How big are renting households in Old Lyme?

A renting household in Old Lyme has 2.0 people on average, against 2.5 in an owned home.

How much do renters earn in Old Lyme?

The median renting household in Old Lyme, CT has an income of $91,094 (±$55,957) a year, against $137,586 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 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 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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