What percentage of people rent in New Richland, MN?

Name: Renters and owners in New Richland, MN, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

13.9% (±5.5 points) of the occupied homes in New Richland, MN are rented (2020–2024 American Community Survey).

That is 64 renting households against 396 that own their home.

In New Richland, the share of households that rent went from 31.6% in 2015–2019 to 13.9% in 2020–2024 (−17.7 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 13.9% (±5.5 points)
Renting households: 64 (±26)
Median renter income: $29,063 (±$7,148)

Who rents and who owns in New Richland

Tenure, estimate (90% margin of error)
	New Richland	Waseca County	Minnesota	United States
Renter-occupied share	13.9% (±5.5 points)	19.3% (±2.6 points)	27.8% (±0.2 points)	34.8%
Renting households	64 (±26)	1,440 (±199)	641,268 (±4,528)	45,017,354
Owning households	396 (±56)	6,037 (±229)	1,666,687 (±7,556)	84,210,142
Average renter household size	1.6 (±0.3)	2.2 (±0.2)	2.0 (±0.0)	2.3
Average owner household size	2.6 (±0.3)	2.5 (±0.1)	2.6 (±0.0)	2.6
Median renter household income	$29,063 (±$7,148)	$38,409 (±$8,134)	$51,080 (±$531)	$52,966
Median owner household income	$74,853 (±$11,718)	$86,055 (±$6,076)	$108,214 (±$476)	$100,009

In New Richland, the renter share is not measurably different from Waseca County (19.3%).

It is also lower than in Minnesota (27.8%).

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

In Waseca County, New Richland ranks 5 of 16 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 932 of 2,628.

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

How renting in New Richland has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	31.6% (±8.2 points)	13.9% (±5.5 points)	−17.7 percentage points	Measurable decrease
Median gross rent	$494 (±$61)	$585 (±$150)	+18.4%	No measurable change after inflation
Median household income	$50,500 (±$16,754)	$67,000 (±$12,731)	+32.7%	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 Richland

Nearest places with a published estimate, compared with New Richland
Place	Distance	Households that rent	Compared with this place
New Richland	—	13.9% (±5.5 points)	—
New Richland Township	1.8 mi	3.6% (±3.2 points)	Lower
Byron Township (Waseca County)	4.2 mi	38.0% (±17.0 points)	Higher
Otisco Township	6.1 mi	7.0% (±5.6 points)	Not measurably different
Hartland	6.2 mi	18.8% (±8.1 points)	Not measurably different
Hartland Township	6.4 mi	10.8% (±7.2 points)	Not measurably different
Berlin Township	7.4 mi	2.2% (±2.4 points)	Lower
Wilton Township	7.5 mi	6.7% (±5.1 points)	Not measurably different
Freeborn Township	8.0 mi	26.7% (±11.4 points)	Higher

Nearby places with a measurably lower figure: New Richland Township, MN (3.6%), Berlin Township, MN (2.2%).

Nearby places with a measurably higher figure: Byron Township (Waseca County), MN (38.0%), Freeborn Township, MN (26.7%).

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

Households that rent across Waseca County, place by place

Rank	Place	Households that rent
1	Byron Township (Waseca County)	38.0% (±17.0 points)
2	Waseca	28.1% (±4.7 points)
3	St. Mary Township	16.2% (±9.0 points)
4	Janesville	15.2% (±6.6 points)
5	New Richland	13.9% (±5.5 points)
6	Janesville Township	13.8% (±11.4 points)
7	Waldorf	10.2% (±9.9 points)
8	Blooming Grove Township	9.5% (±8.0 points)
9	Woodville Township	8.7% (±4.0 points)
10	Freedom Township	8.6% (±6.1 points)
11	Otisco Township	7.0% (±5.6 points)

Showing 11 of 16 places in Waseca 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 Richland

How many renters are there in New Richland?

New Richland has an estimated 64 (±26) renting households, 13.9% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New Richland?

In New Richland, the share of households that rent went from 31.6% in 2015–2019 to 13.9% in 2020–2024 (−17.7 percentage points), a measurable decrease.

How big are renting households in New Richland?

A renting household in New Richland has 1.6 people on average, against 2.6 in an owned home.

How much do renters earn in New Richland?

The median renting household in New Richland, MN has an income of $29,063 (±$7,148) a year, against $74,853 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 Richland city, Minnesota (place:45862, in state:27).

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.