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

Tenure, estimate (90% margin of error)
New RichmondSt. Croix CountyWisconsinUnited States
Renter-occupied share37.9% (±7.0 points)21.7% (±1.8 points)32.2% (±0.3 points)34.8%
Renting households1,654 (±353)8,134 (±693)797,266 (±6,241)45,017,354
Owning households2,715 (±293)29,377 (±736)1,682,214 (±9,276)84,210,142
Average renter household size1.9 (±0.3)2.1 (±0.1)2.0 (±0.0)2.3
Average owner household size2.6 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent43.5% (±5.1 points)37.9% (±7.0 points)−5.6 percentage pointsNot 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

Nearest places with a published estimate, compared with New Richmond
PlaceDistanceHouseholds that rentCompared with this place
New Richmond—37.9% (±7.0 points)—
Town of Richmond (St. Croix County)3.8 mi11.3% (±6.8 points)Lower
Town of Star Prairie4.1 mi3.5% (±2.6 points)Lower
Star Prairie5.1 mi18.4% (±9.2 points)Lower
Town of Stanton (St. Croix County)5.8 mi12.3% (±7.7 points)Lower
Somerset6.1 mi43.4% (±11.5 points)Not measurably different
Town of Erin Prairie7.0 mi11.0% (±6.2 points)Lower
Town of Somerset7.7 mi1.7% (±2.2 points)Lower
Town of Warren (St. Croix County)8.7 mi7.9% (±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

RankPlaceHouseholds that rent
1Somerset43.4% (±11.5 points)
2Glenwood City41.6% (±11.2 points)
3Deer Park38.9% (±16.7 points)
4New Richmond37.9% (±7.0 points)
5Woodville37.8% (±9.2 points)
6Roberts37.6% (±7.6 points)
7Hudson33.5% (±5.8 points)
8Hammond31.8% (±7.7 points)
9Baldwin29.4% (±8.3 points)
10Town 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

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.

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 .

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