What percentage of people rent in New Chicago, IN?
31.8% (±8.9 points) of the occupied homes in New Chicago, IN are rented (2020–2024 American Community Survey).
That is 276 renting households against 591 that own their home.
In New Chicago, the share of households that rent went from 36.4% in 2015–2019 to 31.8% in 2020–2024 (−4.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 31.8% (±8.9 points)
- Renting households
- 276 (±108)
- Median renter income
- $40,833 (±$12,107)
Who rents and who owns in New Chicago
| New Chicago | Lake County | Indiana | United States | |
|---|---|---|---|---|
| Renter-occupied share | 31.8% (±8.9 points) | 28.3% (±0.8 points) | 29.4% (±0.3 points) | 34.8% |
| Renting households | 276 (±108) | 55,274 (±1,617) | 799,766 (±7,038) | 45,017,354 |
| Owning households | 591 (±111) | 139,856 (±1,530) | 1,916,243 (±9,865) | 84,210,142 |
| Average renter household size | 2.5 (±0.6) | 2.4 (±0.0) | 2.2 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.3) | 2.6 (±0.0) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $40,833 (±$12,107) | $41,002 (±$1,339) | $42,811 (±$480) | $52,966 |
| Median owner household income | $64,886 (±$11,078) | $88,178 (±$2,255) | $87,459 (±$395) | $100,009 |
In New Chicago, the renter share is not measurably different from Lake County (28.3%).
It is not measurably different from Indiana (29.4%).
It is not measurably different from the national figure (34.8%).
In Lake County, New Chicago ranks 7 of 31 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 285 of 1,600.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in New Chicago has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 36.4% (±7.4 points) | 31.8% (±8.9 points) | −4.6 percentage points | Not a measurable change |
| Median gross rent | $920 (±$85) | $1,141 (±$143) | +24.0% | No measurable change after inflation |
| Median household income | $40,046 (±$7,566) | $57,313 (±$14,500) | +43.1% | 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 New Chicago
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| New Chicago | — | 31.8% (±8.9 points) | — |
| Hobart Township | 1.0 mi | 28.1% (±3.8 points) | Not measurably different |
| Lake Station | 1.6 mi | 28.0% (±6.9 points) | Not measurably different |
| Hobart | 3.1 mi | 30.5% (±4.2 points) | Not measurably different |
| Gary | 4.5 mi | 50.9% (±2.1 points) | Higher |
| Calumet Township | 4.7 mi | 45.3% (±1.9 points) | Higher |
| Portage Township (Porter County) | 5.1 mi | 26.3% (±2.4 points) | Not measurably different |
| Portage | 5.3 mi | 27.1% (±3.1 points) | Not measurably different |
| Ross | 5.6 mi | 30.8% (±5.5 points) | Not measurably different |
Nearby places with a measurably higher figure: Gary, IN (50.9%), Calumet Township, IN (45.3%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Lake County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | East Chicago | 57.1% (±3.9 points) |
| 2 | Gary | 50.9% (±2.1 points) |
| 3 | Whiting | 47.0% (±8.0 points) |
| 4 | Calumet Township | 45.3% (±1.9 points) |
| 5 | Hammond | 37.6% (±2.2 points) |
| 6 | North Township (Lake County) | 34.4% (±1.6 points) |
| 7 | New Chicago | 31.8% (±8.9 points) |
| 8 | Hobart | 30.5% (±4.2 points) |
| 9 | Ross Township (Lake County) | 29.6% (±2.9 points) |
| 10 | Merrillville | 29.5% (±3.4 points) |
| 11 | Griffith | 28.3% (±4.4 points) |
| 12 | Hobart Township | 28.1% (±3.8 points) |
| 13 | Lake Station | 28.0% (±6.9 points) |
Showing 13 of 31 places in Lake 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 Chicago
How many renters are there in New Chicago?
New Chicago has an estimated 276 (±108) renting households, 31.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in New Chicago?
In New Chicago, the share of households that rent went from 36.4% in 2015–2019 to 31.8% in 2020–2024 (−4.6 percentage points), not a measurable change.
How big are renting households in New Chicago?
A renting household in New Chicago has 2.5 people on average, against 2.6 in an owned home.
How much do renters earn in New Chicago?
The median renting household in New Chicago, IN has an income of $40,833 (±$12,107) a year, against $64,886 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Chicago town, Indiana
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Chicago town, Indiana
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Chicago town, Indiana
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Chicago town, Indiana
- 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 Chicago town, Indiana (place:52776, in state:18).
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 New Chicago at a glance
- Median rent in New Chicago
- Rent by bedrooms in New Chicago
- Income and affordability in New Chicago
- Home values in New Chicago
- Homeowner costs in New Chicago
- Property taxes in New Chicago
- Types of homes in New Chicago
- Bedrooms in New Chicago
- Age of homes in New Chicago
- Heating fuel in New Chicago
- Commute and cars in New Chicago
- Population growth in New Chicago
- How long people stay in New Chicago
- Indiana landlord and tenant rules
- Housing across Lake County
- Indiana places ranked by share of renters
- Housing data for every place in Indiana