Livingston County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Livingston County NY was $768 in 2019 according to the Census ACS survey.1 Average gross rent in Livingston County was $779 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Livingston County median and average rent data will be released in September of 2021.
Data is also available below for Livingston County rental vacancy rates, Livingston County rent as a percent of median income and the fraction of renters in Livingston County.
Real Gross Rent in Livingston County New York (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| New York Median Gross Rent | $1,309 | +0.93% | +4.72% |
| Livingston County NY Median Gross Rent | $768 | -6.57% | +8.02% |
Livingston County NY Real Gross Rent Trends
Median gross rent for Livingston County peaked in real terms in 2018 at $822 and is now $54 (6.57%) lower. Average gross rent for Livingston County peaked in real terms in 2018 at $918 and is now $139 (15.14%) lower.
Real Gross Rent: Livingston County NY Median, Livingston County NY Average, New York Median, US Median
Real Gross Rent History for Livingston County
| Date | US Median |
New York Median |
Livingston County NY Median |
Livingston County NY Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,309 | $768 | $779 |
| 2018 | $1,077 | $1,297 | $822 | $918 |
| 2017 | $1,043 | $1,264 | $785 | $711 |
| 2016 | $1,027 | $1,250 | $711 | $749 |
| 2015 | $1,017 | $1,244 | $802 | $832 |
| 2014 | $986 | $1,212 | $762 | $871 |
| 2013 | $953 | $1,168 | $725 | $659 |
| 2012 | $940 | $1,148 | $724 | $639 |
| 2011 | $941 | $1,143 | $759 | $773 |
| 2010 | $955 | $1,140 | $717 | $653 |
| 2009 | $960 | $1,121 | — | — |
| 2007 | $927 | $1,066 | — | — |
| 2005 | $910 | $1,051 | — | — |
Livingston County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Livingston County New York was 0.57% according to Census ACS data.
Rental Vacancy Rate in Livingston County New York
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| New York | 4.00% | -0.20% | -0.42% |
| Livingston County NY | — | — | — |
Trends in Livingston County NY Rental Vacancy Rate
The rental vacancy rate in Livingston County peaked in 2010 at 6.67%. Since then it has fallen by 6.10% to 0.57%. Data records for this series originated in 2010.
Rental Vacancy Rate: Livingston County NY, New York, US
Historical Rental Vacancy Rate data for Livingston County
| Date | US | New York | Livingston County NY |
|---|---|---|---|
| 2019 | 5.97% | 4.00% | — |
| 2018 | 6.15% | 4.20% | — |
| 2017 | 6.18% | 4.19% | — |
| 2016 | 5.89% | 4.42% | — |
| 2015 | 5.85% | 4.41% | 0.57% |
| 2014 | 6.32% | 4.34% | — |
| 2013 | 6.49% | 4.17% | — |
| 2012 | 6.77% | 4.34% | — |
| 2011 | 7.40% | 4.48% | — |
| 2010 | 8.17% | 5.03% | 6.67% |
| 2009 | 8.43% | 4.78% | — |
| 2007 | 7.87% | 4.70% | — |
| 2005 | 7.74% | 4.80% | — |
Rent as a Fraction of Income
Using median household income data for Livingston County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Livingston County, median monthly gross rent as a fraction of median household income was 15.57% in 2019 according to the ACS.
Livingston County New York Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| New York | 21.78% | -0.75% | -0.99% |
| Livingston County NY | 15.57% | -0.14% | +0.24% |
Trends in Livingston County NY Rent as a Fraction of Income
The fraction of median Livingston County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2010 series origin) at 17.88%. Since then it has fallen by 2.31% to 15.57%.
Fraction of Income towards Rent: Livingston County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Livingston County New York
| Date | US | New York | Livingston County NY |
|---|---|---|---|
| 2019 | 20.03% | 21.78% | 15.57% |
| 2018 | 20.50% | 22.53% | 15.72% |
| 2017 | 20.13% | 22.67% | 16.33% |
| 2016 | 20.43% | 22.78% | 15.34% |
| 2015 | 20.63% | 23.13% | 16.98% |
| 2014 | 20.89% | 23.40% | 17.88% |
| 2013 | 20.78% | 23.20% | 15.86% |
| 2012 | 20.65% | 22.94% | 15.38% |
| 2011 | 20.70% | 22.98% | 16.70% |
| 2010 | 20.50% | 22.60% | 15.21% |
| 2009 | 20.12% | 21.60% | — |
| 2007 | 18.66% | 20.34% | — |
| 2005 | 18.89% | 20.40% | — |
Renter Fraction in Livingston County New York
You can calculate the renter fraction in Livingston 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 Livingston County as a fraction of total Livingston County households. In 2019 25.35% of households were renters according to Census ACS data.
Livingston County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| New York | 46.48% | +0.15% | -0.24% |
| Livingston County NY | 25.35% | -0.60% | -0.06% |
Trends in the Livingston County NY Renter Fraction
The Livingston County household renter fraction peaked in in 2015 at 29.17% and is now 3.82% below that level. The origin year for the series is 2010.
Fraction of Renting Households: Livingston County NY, New York, US
History of Livingston County Renter Fraction
| Date | US | New York | Livingston County NY |
|---|---|---|---|
| 2019 | 35.89% | 46.48% | 25.35% |
| 2018 | 36.05% | 46.33% | 25.95% |
| 2017 | 36.13% | 46.20% | 23.44% |
| 2016 | 36.88% | 46.72% | 25.41% |
| 2015 | 36.97% | 46.93% | 29.17% |
| 2014 | 36.90% | 47.02% | 29.02% |
| 2013 | 36.50% | 46.35% | 24.01% |
| 2012 | 36.09% | 46.35% | 23.01% |
| 2011 | 35.42% | 46.41% | 25.79% |
| 2010 | 34.65% | 45.75% | 27.72% |
| 2009 | 34.13% | 44.97% | — |
| 2007 | 32.80% | 44.48% | — |
| 2005 | 33.10% | 44.67% | — |
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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