What is the median household income in New Haven, IL?
The median household income in New Haven, IL is $36,250 (±$8,736) a year (2020–2024 American Community Survey).
Paying the median gross rent of $490 a month would take about $19,600 a year at the common guideline of spending no more than 30% of income on rent.
In New Haven, the median household income went from $39,297 in 2015–2019 to $36,250 in 2020–2024 (−7.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $36,250 (±$8,736)
- Median renter income
- $20,833 (±$14,809)
- Income to afford median rent
- about $19,600
Income in New Haven against Gallatin County, its state and the nation
| New Haven | Gallatin County | Illinois | United States | |
|---|---|---|---|---|
| Median household income | $36,250 (±$8,736) | $59,219 (±$6,209) | $83,390 (±$362) | $80,734 |
| Median renter household income | $20,833 (±$14,809) | $22,389 (±$7,409) | $50,420 (±$471) | $52,966 |
| Median owner household income | $52,250 (±$37,962) | $69,291 (±$4,115) | $103,505 (±$377) | $100,009 |
| Median gross rent | $490 (±$28) | $541 (±$80) | $1,274 (±$5) | $1,413 |
In New Haven, median household income is lower than in Gallatin County ($59,219).
It is also lower than in Illinois ($83,390).
It is lower than the national figure ($80,734).
In Gallatin County, New Haven ranks 13 of 13 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2618 of 2,652.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in New Haven
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $490 a month ($5,880 a year) needs an income of about $19,600 a year.
The median renting household in New Haven earns $20,833 a year.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $39,297 (±$9,218) | $36,250 (±$8,736) | −7.8% | No measurable change after inflation |
| Median gross rent | $509 (±$192) | $490 (±$28) | −3.7% | No measurable change after inflation |
| Median home value | $51,700 (±$19,835) | $61,000 (±$17,815) | +18.0% | 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.
Median household income in places near New Haven
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| New Haven | — | $36,250 (±$8,736) | — |
| New Haven Township | 4.1 mi | $36,429 (±$12,315) | Not measurably different |
| Asbury Township | 4.2 mi | $174,012 (±$17,907) | Higher |
| Emma Township | 4.7 mi | $60,227 (±$35,836) | Not measurably different |
| Ridgway Township | 6.4 mi | $51,667 (±$26,330) | Not measurably different |
| Heralds Prairie Township | 7.1 mi | $98,295 (±$44,988) | Higher |
| Point Township | 8.5 mi | $48,000 (±$19,543) | Not measurably different |
| Omaha | 9.8 mi | $57,321 (±$41,472) | Not measurably different |
| Ridgway | 10 mi | $46,000 (±$6,785) | Not measurably different |
Nearby places with a measurably higher figure: Asbury Township, IL ($174,012), Heralds Prairie Township, IL ($98,295).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Gallatin County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 7 | Ridgway Township | $51,667 (±$26,330) |
| 8 | Gold Hill Township | $50,481 (±$8,474) |
| 9 | Shawneetown | $48,194 (±$8,280) |
| 10 | Ridgway | $46,000 (±$6,785) |
| 11 | Equality | $42,443 (±$5,802) |
| 12 | New Haven Township | $36,429 (±$12,315) |
| 13 | New Haven | $36,250 (±$8,736) |
Showing 7 of 13 places in Gallatin County, 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.
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Questions about New Haven
What is the median household income in New Haven?
The median household income in New Haven is $36,250 (±$8,736) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in New Haven?
About $19,600 a year, if rent is to stay at or below 30% of income at the median gross rent of $490 a month.
Have incomes in New Haven kept up with inflation?
In New Haven, the median household income went from $39,297 in 2015–2019 to $36,250 in 2020–2024 (−7.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in New Haven?
The median renting household in New Haven, IL earns $20,833 (±$14,809) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Haven village, Illinois
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Haven village, Illinois
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Haven village, Illinois
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Haven village, Illinois
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Haven village, Illinois
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Haven village, Illinois
- 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 New Haven village, Illinois (place:52506, in state:17).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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 New Haven at a glance
- Renters and owners in New Haven
- Home values in New Haven
- Homeowner costs in New Haven
- Property taxes in New Haven
- Types of homes in New Haven
- Bedrooms in New Haven
- Age of homes in New Haven
- Heating fuel in New Haven
- How long people stay in New Haven
- Illinois landlord and tenant rules
- Housing across Gallatin County
- Illinois places ranked by median household income
- Housing data for every place in Illinois