What percentage of people rent in New London, IA?

16.6% (±7.0 points) of the occupied homes in New London, IA are rented (2020–2024 American Community Survey).

That is 138 renting households against 693 that own their home.

In New London, the share of households that rent went from 35.4% in 2015–2019 to 16.6% in 2020–2024 (−18.8 percentage points), a measurable decrease.

Figures last updated on .

Households that rent
16.6% (±7.0 points)
Renting households
138 (±67)
Median renter income
$32,105 (±$11,103)

Who rents and who owns in New London

Tenure, estimate (90% margin of error)
New LondonHenry CountyIowaUnited States
Renter-occupied share16.6% (±7.0 points)25.9% (±2.9 points)28.3% (±0.3 points)34.8%
Renting households138 (±67)1,977 (±240)372,311 (±3,635)45,017,354
Owning households693 (±96)5,667 (±259)943,396 (±5,414)84,210,142
Average renter household size2.3 (±0.7)1.9 (±0.1)2.0 (±0.0)2.3
Average owner household size2.9 (±0.3)2.6 (±0.1)2.5 (±0.0)2.6
Median renter household income$32,105 (±$11,103)$36,083 (±$5,753)$43,297 (±$758)$52,966
Median owner household income$84,464 (±$6,598)$78,517 (±$3,551)$91,638 (±$512)$100,009

In New London, the renter share is lower than in Henry County (25.9%).

It is also lower than in Iowa (28.3%).

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

In Henry County, New London ranks 9 of 10 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 586 of 943.

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

How renting in New London has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent35.4% (±6.0 points)16.6% (±7.0 points)−18.8 percentage pointsMeasurable decrease
Median gross rent$680 (±$35)$849 (±$48)+24.9%No measurable change after inflation
Median household income$54,226 (±$5,920)$77,560 (±$22,031)+43.0%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 New London

Nearest places with a published estimate, compared with New London
PlaceDistanceHouseholds that rentCompared with this place
New London—16.6% (±7.0 points)—
Danville6.3 mi16.9% (±7.3 points)Not measurably different
Mount Pleasant8.1 mi36.3% (±5.2 points)Higher
Middletown9.8 mi17.5% (±8.7 points)Not measurably different
Westwood12 mi0.0% (±35.0 points)Not measurably different
St. Paul12 mi2.9% (±5.8 points)Lower
Salem12 mi17.3% (±9.7 points)Not measurably different
Mediapolis14 mi21.7% (±7.3 points)Not measurably different
West Burlington14 mi32.1% (±8.2 points)Higher

Nearby places with a measurably lower figure: St. Paul, IA (2.9%).

Nearby places with a measurably higher figure: Mount Pleasant, IA (36.3%), West Burlington, IA (32.1%).

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

Households that rent across Henry County, place by place

RankPlaceHouseholds that rent
3Coppock33.3% (±40.7 points)
4Winfield29.0% (±9.2 points)
5Rome23.5% (±20.0 points)
6Hillsboro22.8% (±16.6 points)
7Wayland20.2% (±7.7 points)
8Salem17.3% (±9.7 points)
9New London16.6% (±7.0 points)
10Westwood0.0% (±35.0 points)

Showing 8 of 10 places in Henry 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 London

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Questions about New London

How many renters are there in New London?

New London has an estimated 138 (±67) renting households, 16.6% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New London?

In New London, the share of households that rent went from 35.4% in 2015–2019 to 16.6% in 2020–2024 (−18.8 percentage points), a measurable decrease.

How big are renting households in New London?

A renting household in New London has 2.3 people on average, against 2.9 in an owned home.

How much do renters earn in New London?

The median renting household in New London, IA has an income of $32,105 (±$11,103) a year, against $84,464 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 London city, Iowa (place:56325, in state:19).

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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