What percentage of people rent in Putnam (community), CT?
49.3% (±5.9 points) of the occupied homes in Putnam (community), CT are rented (2020–2024 American Community Survey).
That is 1,621 renting households against 1,668 that own their home.
In Putnam (community), the share of households that rent went from 55.6% in 2015–2019 to 49.3% in 2020–2024 (−6.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 49.3% (±5.9 points)
- Renting households
- 1,621 (±262)
- Median renter income
- $44,744 (±$16,111)
Who rents and who owns in Putnam (community)
| Putnam (community) | Northeastern Connecticut Planning Region | Connecticut | United States | |
|---|---|---|---|---|
| Renter-occupied share | 49.3% (±5.9 points) | 22.7% (±1.4 points) | 33.5% (±0.3 points) | 34.8% |
| Renting households | 1,621 (±262) | 8,959 (±561) | 481,018 (±4,678) | 45,017,354 |
| Owning households | 1,668 (±186) | 30,453 (±595) | 952,989 (±5,585) | 84,210,142 |
| Average renter household size | 2.0 (±0.2) | 2.0 (±0.1) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.2) | 2.5 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $44,744 (±$16,111) | $51,311 (±$6,154) | $52,072 (±$906) | $52,966 |
| Median owner household income | $81,250 (±$12,256) | $104,896 (±$3,737) | $125,125 (±$969) | $100,009 |
In Putnam (community), the renter share is higher than in Northeastern Connecticut Planning Region (22.7%).
It is also higher than in Connecticut (33.5%).
It is higher than the national figure (34.8%).
In Northeastern Connecticut Planning Region, Putnam (community) ranks 3 of 8 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 16 of 132.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Putnam (community) has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 55.6% (±5.8 points) | 49.3% (±5.9 points) | −6.3 percentage points | Not a measurable change |
| Median gross rent | $873 (±$128) | $1,147 (±$43) | +31.4% | No measurable change after inflation |
| Median household income | $56,492 (±$8,859) | $65,511 (±$6,975) | +16.0% | 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 Putnam (community)
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Putnam (community) | — | 49.3% (±5.9 points) | — |
| South Woodstock | 2.5 mi | 49.5% (±19.0 points) | Not measurably different |
| Pomfret | 4.6 mi | 19.5% (±7.4 points) | Lower |
| North Grosvenor Dale | 4.8 mi | 27.4% (±20.9 points) | Lower |
| Thompson | 5.6 mi | 15.7% (±4.9 points) | Lower |
| Quinebaug | 6.6 mi | 3.0% (±5.6 points) | Lower |
| Woodstock | 6.7 mi | 16.9% (±5.0 points) | Lower |
| Killingly | 6.8 mi | 28.4% (±4.3 points) | Lower |
| East Brooklyn | 8.6 mi | 26.3% (±11.9 points) | Lower |
Nearby places with a measurably lower figure: Pomfret, CT (19.5%), North Grosvenor Dale, CT (27.4%), Thompson, CT (15.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Northeastern Connecticut Planning Region, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Plainfield Village | 50.2% (±14.8 points) |
| 2 | South Woodstock | 49.5% (±19.0 points) |
| 3 | Putnam (community) | 49.3% (±5.9 points) |
| 4 | Wauregan | 39.4% (±17.8 points) |
| 5 | Moosup | 27.5% (±9.4 points) |
| 6 | North Grosvenor Dale | 27.4% (±20.9 points) |
| 7 | East Brooklyn | 26.3% (±11.9 points) |
| 8 | Quinebaug | 3.0% (±5.6 points) |
Putnam (community) is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside Putnam, whose figures include it.
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 Putnam (community)
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Questions about Putnam (community)
How many renters are there in Putnam (community)?
Putnam (community) has an estimated 1,621 (±262) renting households, 49.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Putnam (community)?
In Putnam (community), the share of households that rent went from 55.6% in 2015–2019 to 49.3% in 2020–2024 (−6.3 percentage points), not a measurable change.
How big are renting households in Putnam (community)?
A renting household in Putnam (community) has 2.0 people on average, against 2.3 in an owned home.
How much do renters earn in Putnam (community)?
The median renting household in Putnam (community), CT has an income of $44,744 (±$16,111) a year, against $81,250 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Putnam CDP, Connecticut
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Putnam CDP, Connecticut
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Putnam CDP, Connecticut
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Putnam CDP, Connecticut
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Putnam CDP, Connecticut
- 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 Putnam CDP, Connecticut (place:62640, in state:09).
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 Putnam (community) at a glance
- Median rent in Putnam (community)
- Rent by bedrooms in Putnam (community)
- Rent burden in Putnam (community)
- Income and affordability in Putnam (community)
- Home values in Putnam (community)
- Homeowner costs in Putnam (community)
- Property taxes in Putnam (community)
- Types of homes in Putnam (community)
- Bedrooms in Putnam (community)
- Age of homes in Putnam (community)
- Vacancy rate in Putnam (community)
- Heating fuel in Putnam (community)
- Commute and cars in Putnam (community)
- Population growth in Putnam (community)
- How long people stay in Putnam (community)
- Crowding and facilities in Putnam (community)
- Connecticut landlord and tenant rules
- Housing across Northeastern Connecticut Planning Region
- Connecticut places ranked by share of renters
- Housing data for every place in Connecticut