What percentage of people rent in New Franklin, OH?

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

11.7% (±2.7 points) of the occupied homes in New Franklin, OH are rented (2020–2024 American Community Survey).

That is 665 renting households against 5,000 that own their home.

In New Franklin, the share of households that rent went from 10.3% in 2015–2019 to 11.7% in 2020–2024 (+1.4 percentage points), not a measurable change.

Figures last updated on November 12, 2026.

Households that rent: 11.7% (±2.7 points)
Renting households: 665 (±156)
Median renter income: $54,940 (±$43,066)

Who rents and who owns in New Franklin

Tenure, estimate (90% margin of error)
	New Franklin	Summit County	Ohio	United States
Renter-occupied share	11.7% (±2.7 points)	32.5% (±0.7 points)	32.8% (±0.3 points)	34.8%
Renting households	665 (±156)	75,130 (±1,691)	1,595,287 (±11,760)	45,017,354
Owning households	5,000 (±256)	156,137 (±1,656)	3,267,904 (±16,882)	84,210,142
Average renter household size	2.1 (±0.3)	2.1 (±0.0)	2.1 (±0.0)	2.3
Average owner household size	2.5 (±0.1)	2.4 (±0.0)	2.5 (±0.0)	2.6
Median renter household income	$54,940 (±$43,066)	$41,345 (±$1,452)	$42,829 (±$325)	$52,966
Median owner household income	$92,217 (±$8,340)	$91,848 (±$1,541)	$90,122 (±$343)	$100,009

In New Franklin, the renter share is lower than in Summit County (32.5%).

It is also lower than in Ohio (32.8%).

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

In Summit County, New Franklin ranks 25 of 35 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 1772 of 2,382.

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

How renting in New Franklin 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	10.3% (±1.9 points)	11.7% (±2.7 points)	+1.4 percentage points	Not a measurable change
Median gross rent	$878 (±$38)	$1,132 (±$99)	+28.9%	No measurable change after inflation
Median household income	$72,866 (±$3,997)	$90,244 (±$8,077)	+23.8%	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 Franklin

Nearest places with a published estimate, compared with New Franklin
Place	Distance	Households that rent	Compared with this place
New Franklin	—	11.7% (±2.7 points)	—
Clinton	3.0 mi	11.2% (±6.8 points)	Not measurably different
Barberton	3.8 mi	37.7% (±4.1 points)	Higher
Canal Fulton	4.3 mi	37.3% (±8.9 points)	Higher
Coventry Township	4.4 mi	32.9% (±6.5 points)	Higher
Portage Lakes	4.5 mi	38.6% (±8.7 points)	Higher
Doylestown	5.9 mi	23.6% (±8.4 points)	Higher
Green	5.9 mi	24.9% (±3.5 points)	Higher
Norton	6.1 mi	12.6% (±3.5 points)	Not measurably different

Nearby places with a measurably higher figure: Barberton, OH (37.7%), Canal Fulton, OH (37.3%), Coventry Township, OH (32.9%).

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

Households that rent across Summit County, place by place

Rank	Place	Households that rent
19 (tie)	Reminderville	14.7% (±7.1 points)
19 (tie)	Springfield Township (Summit County)	14.7% (±3.0 points)
21	Sagamore Hills Township	14.6% (±3.8 points)
22	Twinsburg Township	13.7% (±4.7 points)
23	Norton	12.6% (±3.5 points)
24	Mogadore	12.2% (±4.7 points)
25	New Franklin	11.7% (±2.7 points)
26	Hudson	11.6% (±2.4 points)
27	Clinton	11.2% (±6.8 points)
28	Richfield Township (Summit County)	9.8% (±3.5 points)
29	Macedonia	9.6% (±4.2 points)
30	Boston Heights	6.0% (±4.9 points)
31	Silver Lake	5.9% (±4.0 points)

Showing 13 of 35 places in Summit 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 Franklin

How many renters are there in New Franklin?

New Franklin has an estimated 665 (±156) renting households, 11.7% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in New Franklin?

In New Franklin, the share of households that rent went from 10.3% in 2015–2019 to 11.7% in 2020–2024 (+1.4 percentage points), not a measurable change.

How big are renting households in New Franklin?

A renting household in New Franklin has 2.1 people on average, against 2.5 in an owned home.

How much do renters earn in New Franklin?

The median renting household in New Franklin, OH has an income of $54,940 (±$43,066) a year, against $92,217 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 Franklin city, Ohio (place:54562, in state:39).

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.