What percentage of people rent in New Palestine, IN?

19.7% (±6.6 points) of the occupied homes in New Palestine, IN are rented (2020–2024 American Community Survey).

That is 250 renting households against 1,022 that own their home.

In New Palestine, the share of households that rent went from 18.7% in 2015–2019 to 19.7% in 2020–2024 (+1.0 percentage points), not a measurable change.

Figures last updated on .

Households that rent
19.7% (±6.6 points)
Renting households
250 (±96)
Median renter income
$71,136 (±$28,044)

Who rents and who owns in New Palestine

Tenure, estimate (90% margin of error)
New PalestineHancock CountyIndianaUnited States
Renter-occupied share19.7% (±6.6 points)20.5% (±1.9 points)29.4% (±0.3 points)34.8%
Renting households250 (±96)6,855 (±622)799,766 (±7,038)45,017,354
Owning households1,022 (±105)26,619 (±661)1,916,243 (±9,865)84,210,142
Average renter household size1.8 (±0.4)2.0 (±0.1)2.2 (±0.0)2.3
Average owner household size2.7 (±0.3)2.6 (±0.0)2.6 (±0.0)2.6
Median renter household income$71,136 (±$28,044)$59,430 (±$10,442)$42,811 (±$480)$52,966
Median owner household income$102,062 (±$35,875)$108,966 (±$3,934)$87,459 (±$395)$100,009

In New Palestine, the renter share is not measurably different from Hancock County (20.5%).

It is also lower than in Indiana (29.4%).

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

In Hancock County, New Palestine ranks 4 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 721 of 1,600.

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

How renting in New Palestine has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent18.7% (±5.5 points)19.7% (±6.6 points)+1.0 percentage pointsNot a measurable change
Median gross rent$1,007 (±$132)$1,129 (±$220)+12.1%No measurable change after inflation
Median household income$90,278 (±$23,752)$96,923 (±$10,711)+7.4%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 Palestine

Nearest places with a published estimate, compared with New Palestine
PlaceDistanceHouseholds that rentCompared with this place
New Palestine—19.7% (±6.6 points)—
Sugar Creek Township (Hancock County)0.7 mi15.0% (±2.9 points)Not measurably different
Spring Lake3.9 mi0.8% (±2.8 points)Lower
Moral Township4.7 mi10.1% (±7.3 points)Not measurably different
Cumberland4.8 mi28.7% (±7.6 points)Not measurably different
Brandywine Township (Hancock County)6.3 mi4.4% (±7.2 points)Lower
Buck Creek Township6.5 mi15.5% (±4.4 points)Not measurably different
Van Buren Township (Shelby County)7.2 mi24.4% (±11.8 points)Not measurably different
Franklin Township (Marion County)7.2 mi23.9% (±2.7 points)Not measurably different

Nearby places with a measurably lower figure: Spring Lake, IN (0.8%), Brandywine Township (Hancock County), IN (4.4%).

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

Households that rent across Hancock County, place by place

RankPlaceHouseholds that rent
1Greenfield35.1% (±4.1 points)
2Center Township (Hancock County)31.3% (±3.5 points)
3Fortville28.9% (±9.4 points)
4New Palestine19.7% (±6.6 points)
5Vernon Township (Hancock County)18.3% (±4.9 points)
6Shirley16.5% (±6.3 points)
7Buck Creek Township15.5% (±4.4 points)
8McCordsville15.3% (±6.4 points)
9Sugar Creek Township (Hancock County)15.0% (±2.9 points)
10Wilkinson11.0% (±11.4 points)

Showing 10 of 16 places in Hancock 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.

What you can do on Seayora in New Palestine

One account for renting, owning, managing and fixing homes, with these figures beside you.

Looking for a place to rent?

Browse homes for rent near New Palestine, save the ones you like and apply online.

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Own or manage a rental?

List it, sign the lease and collect rent online, with the figures for New Palestine beside you.

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Do repairs, renovations or maintenance?

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Questions about New Palestine

How many renters are there in New Palestine?

New Palestine has an estimated 250 (±96) renting households, 19.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New Palestine?

In New Palestine, the share of households that rent went from 18.7% in 2015–2019 to 19.7% in 2020–2024 (+1.0 percentage points), not a measurable change.

How big are renting households in New Palestine?

A renting household in New Palestine has 1.8 people on average, against 2.7 in an owned home.

How much do renters earn in New Palestine?

The median renting household in New Palestine, IN has an income of $71,136 (±$28,044) a year, against $102,062 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 New Palestine town, Indiana (place:53352, 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.

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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