What percentage of people rent in New London, MO?

33.9% (±9.9 points) of the occupied homes in New London, MO are rented (2020–2024 American Community Survey).

That is 147 renting households against 287 that own their home.

In New London, the share of households that rent went from 22.6% in 2015–2019 to 33.9% in 2020–2024 (+11.3 percentage points), not a measurable change.

Figures last updated on .

Households that rent
33.9% (±9.9 points)
Renting households
147 (±60)
Median renter income
$32,250 (±$20,692)

Who rents and who owns in New London

Tenure, estimate (90% margin of error)
New LondonRalls CountyMissouriUnited States
Renter-occupied share33.9% (±9.9 points)14.5% (±3.0 points)31.9% (±0.2 points)34.8%
Renting households147 (±60)575 (±123)799,814 (±5,177)45,017,354
Owning households287 (±69)3,395 (±181)1,708,413 (±9,125)84,210,142
Average renter household size2.4 (±0.7)2.6 (±0.4)2.1 (±0.0)2.3
Average owner household size2.7 (±0.5)2.6 (±0.1)2.5 (±0.0)2.6
Median renter household income$32,250 (±$20,692)$40,987 (±$17,129)$43,288 (±$509)$52,966
Median owner household income$70,982 (±$7,546)$69,676 (±$8,244)$87,780 (±$425)$100,009

In New London, the renter share is higher than in Ralls County (14.5%).

It is not measurably different from Missouri (31.9%).

It is not measurably different from the national figure (34.8%).

In Ralls County, New London ranks 1 of 4 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 376 of 1,244.

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 rent22.6% (±9.1 points)33.9% (±9.9 points)+11.3 percentage pointsNot a measurable change
Median gross rent$767 (±$171)$755 (±$121)−1.6%No measurable change after inflation
Median household income$55,938 (±$9,771)$63,021 (±$15,090)+12.7%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 London

Nearest places with a published estimate, compared with New London
PlaceDistanceHouseholds that rentCompared with this place
New London—33.9% (±9.9 points)—
Frankford7.6 mi31.6% (±16.9 points)Not measurably different
Center8.7 mi17.1% (±8.6 points)Lower
Hannibal8.7 mi37.8% (±4.2 points)Not measurably different
Rensselaer9.6 mi0.0% (±30.4 points)Lower
Cincinnati Township (Pike County)12 mi0.0% (±100.0 points)Not measurably different
Kinderhook Township14 mi15.5% (±5.4 points)Lower
Hull14 mi9.1% (±5.9 points)Lower
Kinderhook15 mi28.0% (±14.4 points)Not measurably different

Nearby places with a measurably lower figure: Center, MO (17.1%), Rensselaer, MO (0.0%), Kinderhook Township, IL (15.5%).

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

Households that rent across Ralls County, place by place

RankPlaceHouseholds that rent
1New London33.9% (±9.9 points)
2Perry30.5% (±11.4 points)
3Center17.1% (±8.6 points)
4Rensselaer0.0% (±30.4 points)

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

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 London, save the ones you like and apply online.

Browse rentals · Create a renter account

Own or manage a rental?

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

Create a landlord account · See what landlords get

Do repairs, renovations or maintenance?

Get found by owners and renters near New London, and send estimates and invoices from your phone.

Join as a pro · Find a pro

Questions about New London

How many renters are there in New London?

New London has an estimated 147 (±60) renting households, 33.9% 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 22.6% in 2015–2019 to 33.9% in 2020–2024 (+11.3 percentage points), not a measurable change.

How big are renting households in New London?

A renting household in New London has 2.4 people on average, against 2.7 in an owned home.

How much do renters earn in New London?

The median renting household in New London, MO has an income of $32,250 (±$20,692) a year, against $70,982 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, Missouri (place:52058, in state:29).

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 .

Related