What percentage of people rent in New Richmond, WI?
37.9% (±7.0 points) of the occupied homes in New Richmond, WI are rented (2020–2024 American Community Survey).
That is 1,654 renting households against 2,715 that own their home.
In New Richmond, the share of households that rent went from 43.5% in 2015–2019 to 37.9% in 2020–2024 (−5.6 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 37.9% (±7.0 points)
- Renting households
- 1,654 (±353)
- Median renter income
- $67,083 (±$14,578)
Who rents and who owns in New Richmond
| New Richmond | St. Croix County | Wisconsin | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.9% (±7.0 points) | 21.7% (±1.8 points) | 32.2% (±0.3 points) | 34.8% |
| Renting households | 1,654 (±353) | 8,134 (±693) | 797,266 (±6,241) | 45,017,354 |
| Owning households | 2,715 (±293) | 29,377 (±736) | 1,682,214 (±9,276) | 84,210,142 |
| Average renter household size | 1.9 (±0.3) | 2.1 (±0.1) | 2.0 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.7 (±0.0) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $67,083 (±$14,578) | $64,348 (±$7,261) | $48,374 (±$478) | $52,966 |
| Median owner household income | $103,125 (±$3,809) | $116,974 (±$4,760) | $95,874 (±$462) | $100,009 |
In New Richmond, the renter share is higher than in St. Croix County (21.7%).
It is not measurably different from Wisconsin (32.2%).
It is not measurably different from the national figure (34.8%).
In St. Croix County, New Richmond ranks 4 of 33 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 147 of 1,848.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in New Richmond has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 43.5% (±5.1 points) | 37.9% (±7.0 points) | −5.6 percentage points | Not a measurable change |
| Median gross rent | $835 (±$71) | $1,168 (±$174) | +39.9% | No measurable change after inflation |
| Median household income | $60,131 (±$5,258) | $88,157 (±$10,963) | +46.6% | Up 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 Richmond
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| New Richmond | — | 37.9% (±7.0 points) | — |
| Town of Richmond (St. Croix County) | 3.8 mi | 11.3% (±6.8 points) | Lower |
| Town of Star Prairie | 4.1 mi | 3.5% (±2.6 points) | Lower |
| Star Prairie | 5.1 mi | 18.4% (±9.2 points) | Lower |
| Town of Stanton (St. Croix County) | 5.8 mi | 12.3% (±7.7 points) | Lower |
| Somerset | 6.1 mi | 43.4% (±11.5 points) | Not measurably different |
| Town of Erin Prairie | 7.0 mi | 11.0% (±6.2 points) | Lower |
| Town of Somerset | 7.7 mi | 1.7% (±2.2 points) | Lower |
| Town of Warren (St. Croix County) | 8.7 mi | 7.9% (±4.9 points) | Lower |
Nearby places with a measurably lower figure: Town of Richmond (St. Croix County), WI (11.3%), Town of Star Prairie, WI (3.5%), Star Prairie, WI (18.4%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across St. Croix County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Somerset | 43.4% (±11.5 points) |
| 2 | Glenwood City | 41.6% (±11.2 points) |
| 3 | Deer Park | 38.9% (±16.7 points) |
| 4 | New Richmond | 37.9% (±7.0 points) |
| 5 | Woodville | 37.8% (±9.2 points) |
| 6 | Roberts | 37.6% (±7.6 points) |
| 7 | Hudson | 33.5% (±5.8 points) |
| 8 | Hammond | 31.8% (±7.7 points) |
| 9 | Baldwin | 29.4% (±8.3 points) |
| 10 | Town of Pleasant Valley (St. Croix County) | 25.2% (±19.4 points) |
Showing 10 of 33 places in St. Croix 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.
What you can do on Seayora in New Richmond
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Questions about New Richmond
How many renters are there in New Richmond?
New Richmond has an estimated 1,654 (±353) renting households, 37.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in New Richmond?
In New Richmond, the share of households that rent went from 43.5% in 2015–2019 to 37.9% in 2020–2024 (−5.6 percentage points), not a measurable change.
How big are renting households in New Richmond?
A renting household in New Richmond has 1.9 people on average, against 2.6 in an owned home.
How much do renters earn in New Richmond?
The median renting household in New Richmond, WI has an income of $67,083 (±$14,578) a year, against $103,125 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Richmond city, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Richmond city, Wisconsin
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Richmond city, Wisconsin
- 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 New Richmond city, Wisconsin (place:57100, in state:55).
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.
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
- Housing in New Richmond at a glance
- Median rent in New Richmond
- Rent by bedrooms in New Richmond
- Income and affordability in New Richmond
- Home values in New Richmond
- Homeowner costs in New Richmond
- Property taxes in New Richmond
- Types of homes in New Richmond
- Bedrooms in New Richmond
- Age of homes in New Richmond
- Vacancy rate in New Richmond
- Heating fuel in New Richmond
- Commute and cars in New Richmond
- Crime reported to police in New Richmond
- Population growth in New Richmond
- How long people stay in New Richmond
- Crowding and facilities in New Richmond
- Wisconsin landlord and tenant rules
- Housing across St. Croix County
- Wisconsin places ranked by share of renters
- Housing data for every place in Wisconsin