What is the median household income in Newton Falls, OH?
The median household income in Newton Falls, OH is $50,506 (±$10,860) a year (2020–2024 American Community Survey).
Paying the median gross rent of $745 a month would take about $29,800 a year at the common guideline of spending no more than 30% of income on rent.
In Newton Falls, the median household income went from $41,534 in 2015–2019 to $50,506 in 2020–2024 (+21.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median household income
- $50,506 (±$10,860)
- Median renter income
- $27,500 (±$8,900)
- Income to afford median rent
- about $29,800
Income in Newton Falls against Trumbull County, its state and the nation
| Newton Falls | Trumbull County | Ohio | United States | |
|---|---|---|---|---|
| Median household income | $50,506 (±$10,860) | $56,435 (±$1,731) | $71,389 (±$321) | $80,734 |
| Median renter household income | $27,500 (±$8,900) | $31,565 (±$1,306) | $42,829 (±$325) | $52,966 |
| Median owner household income | $67,092 (±$7,031) | $67,780 (±$1,854) | $90,122 (±$343) | $100,009 |
| Median gross rent | $745 (±$39) | $797 (±$16) | $1,034 (±$5) | $1,413 |
In Newton Falls, median household income is not measurably different from Trumbull County ($56,435).
It is also lower than in Ohio ($71,389).
It is lower than the national figure ($80,734).
In Trumbull County, Newton Falls ranks 34 of 43 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 2023 of 2,325.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Newton Falls
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $745 a month ($8,940 a year) needs an income of about $29,800 a year.
The median renting household in Newton Falls earns $27,500 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $41,534 (±$5,021) | $50,506 (±$10,860) | +21.6% | No measurable change after inflation |
| Median gross rent | $660 (±$38) | $745 (±$39) | +12.9% | Down after inflation |
| Median home value | $90,800 (±$14,668) | $105,700 (±$21,975) | +16.4% | 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.
Median household income in places near Newton Falls
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Newton Falls | — | $50,506 (±$10,860) | — |
| Newton Township (Trumbull County) | 1.9 mi | $62,327 (±$7,453) | Not measurably different |
| Braceville Township | 3.1 mi | $48,875 (±$15,993) | Not measurably different |
| Paris Township (Portage County) | 3.9 mi | $79,861 (±$13,844) | Higher |
| Windham | 4.9 mi | $54,219 (±$12,839) | Not measurably different |
| Windham Township | 5.4 mi | $70,833 (±$23,605) | Not measurably different |
| Craig Beach | 5.4 mi | $72,361 (±$23,450) | Not measurably different |
| Lordstown | 5.5 mi | $66,411 (±$5,390) | Higher |
| Leavittsburg | 6.0 mi | $54,167 (±$10,387) | Not measurably different |
Nearby places with a measurably higher figure: Paris Township (Portage County), OH ($79,861), Lordstown, OH ($66,411).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Trumbull County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 28 | Mecca Township | $53,571 (±$2,873) |
| 29 | Brookfield Township (Trumbull County) | $52,917 (±$9,069) |
| 30 | Girard | $52,550 (±$10,554) |
| 31 | Weathersfield Township | $51,927 (±$3,613) |
| 32 | Niles | $50,953 (±$3,028) |
| 33 | Greene Township | $50,769 (±$32,892) |
| 34 | Newton Falls | $50,506 (±$10,860) |
| 35 | Braceville Township | $48,875 (±$15,993) |
| 36 | Churchill | $48,566 (±$22,342) |
| 37 | Warren Township (Trumbull County) | $47,174 (±$9,313) |
| 38 | Gustavus Township | $46,313 (±$15,544) |
| 39 | Bolindale | $45,833 (±$9,044) |
| 40 | West Hill | $40,325 (±$12,228) |
Showing 13 of 43 places in Trumbull 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 Newton Falls
What is the median household income in Newton Falls?
The median household income in Newton Falls is $50,506 (±$10,860) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Newton Falls?
About $29,800 a year, if rent is to stay at or below 30% of income at the median gross rent of $745 a month.
Have incomes in Newton Falls kept up with inflation?
In Newton Falls, the median household income went from $41,534 in 2015–2019 to $50,506 in 2020–2024 (+21.6%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
What do renters earn in Newton Falls?
The median renting household in Newton Falls, OH earns $27,500 (±$8,900) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Newton Falls village, Ohio
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Newton Falls village, Ohio
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newton Falls village, Ohio
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Newton Falls village, Ohio
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Newton Falls village, Ohio
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Newton Falls village, Ohio
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
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 Newton Falls village, Ohio (place:55650, in state:39).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
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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- Median rent in Newton Falls
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- Renters and owners in Newton Falls
- Home values in Newton Falls
- Homeowner costs in Newton Falls
- Property taxes in Newton Falls
- Types of homes in Newton Falls
- Bedrooms in Newton Falls
- Age of homes in Newton Falls
- Vacancy rate in Newton Falls
- Heating fuel in Newton Falls
- Commute and cars in Newton Falls
- Population growth in Newton Falls
- How long people stay in Newton Falls
- Ohio landlord and tenant rules
- Housing across Trumbull County
- Ohio places ranked by median household income
- Housing data for every place in Ohio