Clinton County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Clinton County NY was $753 in 2017 according to the Census ACS survey.1 Average gross rent in Clinton County was $732 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Clinton County median and average rent data will be released in September of 2019.
Data is also available below for Clinton County rental vacancy rates, Clinton County rent as a percent of median income and the fraction of renters in Clinton County.
Real Gross Rent in Clinton County New York (2017 dollars)2
| 2017 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,012 | +1.61% | +5.86% |
| New York Median Gross Rent | $1,226 | +1.07% | +4.34% |
| Clinton County NY Median Gross Rent | $753 | -2.33% | -6.11% |
Clinton County NY Real Gross Rent Trends
Median gross rent for Clinton County peaked in real terms in 2014 at $802 and is now $49 (6.11%) lower. Average gross rent for Clinton County peaked in real terms in 2014 at $772 and is now $40 (5.18%) lower.
Real Gross Rent: Clinton County NY Median, Clinton County NY Average, New York Median, US Median
Real Gross Rent History for Clinton County
| Date | US Median |
New York Median |
Clinton County NY Median |
Clinton County NY Average |
|---|---|---|---|---|
| 2017 | $1,012 | $1,226 | $753 | $732 |
| 2016 | $996 | $1,213 | $771 | $739 |
| 2015 | $987 | $1,207 | $762 | $737 |
| 2014 | $956 | $1,175 | $802 | $772 |
| 2013 | $924 | $1,133 | $732 | $746 |
| 2012 | $912 | $1,113 | $715 | $739 |
| 2011 | $912 | $1,108 | $772 | $748 |
| 2010 | $927 | $1,105 | $724 | $683 |
| 2009 | $931 | $1,088 | $715 | $689 |
| 2008 | $947 | $1,095 | $759 | $732 |
| 2007 | $899 | $1,033 | $660 | $657 |
| 2006 | $909 | $1,042 | $724 | $709 |
Clinton County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Clinton County New York was 2.83% according to Census ACS data.
Rental Vacancy Rate in Clinton County New York
| 2017 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 6.18% | +0.29% | -0.14% |
| New York | 4.19% | -0.23% | -0.15% |
| Clinton County NY | — | — | — |
Trends in Clinton County NY Rental Vacancy Rate
The rental vacancy rate in Clinton County peaked in 2006 at 8.87%. Since then it has fallen by 6.04% to 2.83%. Data records for this series originated in 2005.
Rental Vacancy Rate: Clinton County NY, New York, US
Historical Rental Vacancy Rate data for Clinton County
| Date | US | New York | Clinton County NY |
|---|---|---|---|
| 2017 | 6.18% | 4.19% | — |
| 2016 | 5.89% | 4.42% | 2.83% |
| 2015 | 5.85% | 4.41% | — |
| 2014 | 6.32% | 4.34% | 5.25% |
| 2013 | 6.49% | 4.17% | 4.39% |
| 2012 | 6.77% | 4.34% | — |
| 2011 | 7.40% | 4.48% | 6.75% |
| 2010 | 8.17% | 5.03% | — |
| 2009 | 8.43% | 4.78% | — |
| 2008 | 7.86% | 4.68% | — |
| 2007 | 7.87% | 4.70% | 4.60% |
| 2006 | 7.70% | 4.94% | 8.87% |
Rent as a Fraction of Income
Using median household income data for Clinton County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clinton County, median monthly gross rent as a fraction of median household income was 15.52% in 2017 according to the ACS.
Clinton County New York Median Annual Rent as a Fraction of Median Household Income
| 2017 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.13% | -0.30% | -0.76% |
| New York | 22.67% | -0.10% | -0.73% |
| Clinton County NY | 15.52% | -0.95% | -2.02% |
Trends in Clinton County NY Rent as a Fraction of Income
The fraction of median Clinton County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 19.60%. Since then it has fallen by 4.09% to 15.52%.
Fraction of Income towards Rent: Clinton County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Clinton County New York
| Date | US | New York | Clinton County NY |
|---|---|---|---|
| 2017 | 20.13% | 22.67% | 15.52% |
| 2016 | 20.43% | 22.78% | 16.47% |
| 2015 | 20.63% | 23.13% | 19.60% |
| 2014 | 20.89% | 23.40% | 17.54% |
| 2013 | 20.78% | 23.20% | 19.60% |
| 2012 | 20.65% | 22.94% | 15.94% |
| 2011 | 20.70% | 22.98% | 17.38% |
| 2010 | 20.50% | 22.60% | 18.39% |
| 2009 | 20.12% | 21.60% | 16.64% |
| 2008 | 19.00% | 20.41% | 15.57% |
| 2007 | 18.66% | 20.34% | 14.96% |
| 2006 | 18.90% | 20.43% | 17.21% |
Renter Fraction in Clinton County New York
You can calculate the renter fraction in Clinton County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Clinton County as a fraction of total Clinton County households. In 2017 36.72% of households were renters according to Census ACS data.
Clinton County Fraction of Renters by Household Units
| 2017 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 36.13% | -0.75% | -0.77% |
| New York | 46.20% | -0.52% | -0.82% |
| Clinton County NY | 36.72% | +6.82% | +5.88% |
Trends in the Clinton County NY Renter Fraction
At 36.72%, the 2017 household based renter fraction in Clinton County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Clinton County NY, New York, US
History of Clinton County Renter Fraction
| Date | US | New York | Clinton County NY |
|---|---|---|---|
| 2017 | 36.13% | 46.20% | 36.72% |
| 2016 | 36.88% | 46.72% | 29.90% |
| 2015 | 36.97% | 46.93% | 34.46% |
| 2014 | 36.90% | 47.02% | 30.84% |
| 2013 | 36.50% | 46.35% | 31.98% |
| 2012 | 36.09% | 46.35% | 32.34% |
| 2011 | 35.42% | 46.41% | 32.22% |
| 2010 | 34.65% | 45.75% | 35.24% |
| 2009 | 34.13% | 44.97% | 31.52% |
| 2008 | 33.36% | 44.71% | 29.45% |
| 2007 | 32.80% | 44.48% | 26.61% |
| 2006 | 32.73% | 44.40% | 29.40% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩
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