How many renters in New Franklin, OH pay more than 30% of their income on rent?
29.7% (±13.1 points) of renting households in New Franklin, OH spend 30% or more of their household income on gross rent (2020–2024 American Community Survey).
26.5% spend 35% or more.
The median renting household spends 23.2% of its income on rent.
Figures last updated on .
- Paying 30% or more
- 29.7% (±13.1 points)
- Paying 35% or more
- 26.5% (±11.9 points)
- Median share of income
- 23.2% (±4.5 points)
Rent as a share of income in New Franklin
| Share of income spent on rent | New Franklin | Summit County | Ohio | United States |
|---|---|---|---|---|
| Less than 15% | 28.4% (±13.7 points) | 14.4% | 15.5% | 12.6% |
| 15% to 19.9% | 11.9% (±14.1 points) | 14.5% | 13.5% | 12.2% |
| 20% to 24.9% | 15.2% (±8.9 points) | 11.8% | 12.9% | 12.6% |
| 25% to 29.9% | 14.8% (±11.0 points) | 11.0% | 12.1% | 11.5% |
| 30% to 34.9% | 3.2% (±5.4 points) | 9.3% | 8.6% | 9.2% |
| 35% or more | 26.5% (±11.9 points) | 39.0% | 37.3% | 41.9% |
Households whose income could not be measured against their rent (for example, those reporting no income) are left out of these shares, as the Census Bureau leaves them out.
New Franklin against Summit County, its state and the nation
| New Franklin | Summit County | Ohio | United States | |
|---|---|---|---|---|
| Paying 30% or more | 29.7% (±13.1 points) | 48.3% (±2.2 points) | 45.9% (±0.4 points) | 51.1% |
| Paying 35% or more | 26.5% (±11.9 points) | 39.0% (±1.9 points) | 37.3% (±0.4 points) | 41.9% |
| Median share of income | 23.2% (±4.5 points) | 29.2% (±0.8 points) | 28.3% (±0.2 points) | 30.6% |
| Median renter household income | $54,940 (±$43,066) | $41,345 (±$1,452) | $42,829 (±$325) | $52,966 |
| Median gross rent | $1,132 (±$99) | $1,026 (±$14) | $1,034 (±$5) | $1,413 |
In New Franklin, the share of renters paying 30% or more of income is lower than in Summit County (48.3%).
It is also lower than in Ohio (45.9%).
It is lower than the national figure (51.1%).
In Summit County, New Franklin ranks 25 of 35 places with a published estimate, from highest to lowest share of renters paying 30% or more of income.
Statewide, it ranks 1527 of 2,271.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
Renters paying 30% or more of income in places near New Franklin
| Place | Distance | Renters paying 30% or more of income | Compared with this place |
|---|---|---|---|
| New Franklin | — | 29.7% (±13.1 points) | — |
| Clinton | 3.0 mi | 0.0% (±63.1 points) | Not measurably different |
| Barberton | 3.8 mi | 41.0% (±7.9 points) | Not measurably different |
| Canal Fulton | 4.3 mi | 55.5% (±22.5 points) | Not measurably different |
| Coventry Township | 4.4 mi | 39.3% (±15.4 points) | Not measurably different |
| Portage Lakes | 4.5 mi | 38.3% (±18.2 points) | Not measurably different |
| Doylestown | 5.9 mi | 21.3% (±12.4 points) | Not measurably different |
| Green | 5.9 mi | 42.1% (±9.0 points) | Not measurably different |
| Norton | 6.1 mi | 36.2% (±15.6 points) | Not measurably different |
None of the nearby places differs measurably from this one on this figure.
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Renters paying 30% or more of income across Summit County, place by place
| Rank | Place | Renters paying 30% or more of income |
|---|---|---|
| 19 | Cuyahoga Falls | 39.4% (±4.7 points) |
| 20 | Coventry Township | 39.3% (±15.4 points) |
| 21 | Portage Lakes | 38.3% (±18.2 points) |
| 22 | Norton | 36.2% (±15.6 points) |
| 23 | Copley Township | 33.7% (±11.1 points) |
| 24 | Boston Heights | 33.3% (±100.7 points) |
| 25 | New Franklin | 29.7% (±13.1 points) |
| 26 | Sagamore Hills Township | 26.7% (±15.9 points) |
| 27 | Reminderville | 23.8% (±22.4 points) |
| 28 | Silver Lake | 23.3% (±48.4 points) |
| 29 (tie) | Montrose-Ghent | 22.2% (±56.4 points) |
| 29 (tie) | Bath Township (Summit County) | 22.2% (±56.4 points) |
| 31 | Peninsula | 17.9% (±62.9 points) |
Showing 13 of 35 places in Summit County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates).
Margins of error are at the 90% confidence level.
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Questions about New Franklin
Are renters in New Franklin rent-burdened?
29.7% of renting households in New Franklin pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
What share of income do renters in New Franklin spend on rent?
The median renting household in New Franklin, OH spends 23.2% (±4.5 points) of its household income on gross rent.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Franklin city, Ohio
- Median Gross Rent as a Percentage of Household Income (B25071), 2020–2024 ACS 5-year estimates — New Franklin city, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Franklin city, Ohio
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 Franklin city, Ohio (place:54562, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The API needs a free key.
DP04_0136E, DP04_0136M, DP04_0137PE, DP04_0137PM, DP04_0138PE, DP04_0138PM, DP04_0139PE, DP04_0139PM, DP04_0140PE, DP04_0140PM, DP04_0141PE, DP04_0141PM, DP04_0142PE, DP04_0142PM, B25071_001E, B25071_001M, B25119_003E, B25119_003M
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
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- Income and affordability in New Franklin
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- Fair Market Rent in New Franklin
- Ohio landlord and tenant rules
- Housing across Summit County
- Ohio places ranked by rent burden
- Housing data for every place in Ohio