What is the median household income in the Town of New Hope, WI?
The median household income in the Town of New Hope, WI is $90,000 (±$24,484) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,152 a month would take about $46,100 a year at the common guideline of spending no more than 30% of income on rent.
In the Town of New Hope, the median household income went from $71,364 in 2015–2019 to $90,000 in 2020–2024 (+26.1%).
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
- $90,000 (±$24,484)
- Income to afford median rent
- about $46,100
Income in the Town of New Hope against Portage County, its state and the nation
| Town of New Hope | Portage County | Wisconsin | United States | |
|---|---|---|---|---|
| Median household income | $90,000 (±$24,484) | $76,070 (±$1,950) | $77,485 (±$455) | $80,734 |
| Median renter household income | — | $44,535 (±$2,990) | $48,374 (±$478) | $52,966 |
| Median owner household income | $109,063 (±$34,686) | $94,276 (±$3,900) | $95,874 (±$462) | $100,009 |
| Median gross rent | $1,152 (±$70) | $940 (±$21) | $1,087 (±$4) | $1,413 |
In the Town of New Hope, median household income is not measurably different from Portage County ($76,070).
It is not measurably different from Wisconsin ($77,485).
It is not measurably different from the national figure ($80,734).
In Portage County, the Town of New Hope ranks 11 of 27 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 577 of 1,844.
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 the Town of New Hope
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 $1,152 a month ($13,824 a year) needs an income of about $46,100 a year.
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 | $71,364 (±$9,392) | $90,000 (±$24,484) | +26.1% | No measurable change after inflation |
| Median gross rent | $1,125 (±$845) | $1,152 (±$70) | +2.4% | No measurable change after inflation |
| Median home value | $221,800 (±$32,100) | $325,800 (±$43,831) | +46.9% | 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 the Town of New Hope
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Town of New Hope | — | $90,000 (±$24,484) | — |
| Nelsonville | 4.3 mi | $58,542 (±$14,512) | Lower |
| Town of Iola | 5.5 mi | $84,375 (±$9,855) | Not measurably different |
| Rosholt | 5.6 mi | $66,250 (±$22,617) | Not measurably different |
| Town of Alban | 5.7 mi | $80,238 (±$8,344) | Not measurably different |
| Amherst Junction | 5.9 mi | $106,250 (±$14,770) | Not measurably different |
| Town of Amherst | 6.2 mi | $94,205 (±$21,742) | Not measurably different |
| Amherst | 7.1 mi | $64,922 (±$18,143) | Not measurably different |
| Town of Stockton | 8.0 mi | $87,632 (±$12,857) | Not measurably different |
Nearby places with a measurably lower figure: Nelsonville, WI ($58,542).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Portage County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Town of Dewey (Portage County) | $103,047 (±$14,893) |
| 6 | Park Ridge | $96,750 (±$14,508) |
| 7 | Town of Sharon (Portage County) | $96,250 (±$21,774) |
| 8 | Town of Amherst | $94,205 (±$21,742) |
| 9 | Town of Plover (Portage County) | $90,481 (±$12,977) |
| 10 | Town of Carson | $90,278 (±$35,338) |
| 11 | Town of New Hope | $90,000 (±$24,484) |
| 12 | Town of Grant (Portage County) | $89,167 (±$7,572) |
| 13 | Plover | $88,042 (±$5,736) |
| 14 | Town of Stockton | $87,632 (±$12,857) |
| 15 | Town of Almond | $86,406 (±$7,027) |
| 16 | Town of Linwood | $81,875 (±$18,730) |
| 17 | Town of Alban | $80,238 (±$8,344) |
Showing 13 of 27 places in Portage 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 Town of New Hope
What is the median household income in the Town of New Hope?
The median household income in the Town of New Hope is $90,000 (±$24,484) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in the Town of New Hope?
About $46,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,152 a month.
Have incomes in the Town of New Hope kept up with inflation?
In the Town of New Hope, the median household income went from $71,364 in 2015–2019 to $90,000 in 2020–2024 (+26.1%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — New Hope town, Portage County, Wisconsin
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — New Hope town, Portage County, Wisconsin
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — New Hope town, Portage County, Wisconsin
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — New Hope town, Portage County, Wisconsin
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — New Hope town, Portage County, Wisconsin
- Median Value (B25077), 2015–2019 ACS 5-year estimates — New Hope town, Portage County, 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 Hope town, Portage County, Wisconsin (county subdivision:56850, in state:55 county:097).
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
- Housing in the Town of New Hope at a glance
- Home values in the Town of New Hope
- Homeowner costs in the Town of New Hope
- Property taxes in the Town of New Hope
- Types of homes in the Town of New Hope
- Bedrooms in the Town of New Hope
- Age of homes in the Town of New Hope
- Heating fuel in the Town of New Hope
- Commute and cars in the Town of New Hope
- Wisconsin landlord and tenant rules
- Housing across Portage County
- Wisconsin places ranked by median household income
- Housing data for every place in Wisconsin