Strafford County New Hampshire Residential Rent and Rental Statistics
The median monthly gross residential rent in Strafford County NH was $1,115 in 2019 according to the Census ACS survey.1 Average gross rent in Strafford County was $1,108 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 Strafford County median and average rent data will be released in September of 2021.
Data is also available below for Strafford County rental vacancy rates, Strafford County rent as a percent of median income and the fraction of renters in Strafford County.
Real Gross Rent in Strafford County New Hampshire (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
New Hampshire Median Gross Rent | $1,147 | +3.33% | +6.80% |
Strafford County NH Median Gross Rent | $1,115 | +1.92% | +3.53% |
Strafford County NH Real Gross Rent Trends
Median gross rent for Strafford County peaked in real terms in 2017 at $1,120 and is now $5 (0.45%) lower. Average gross rent for Strafford County peaked in real terms in 2017 at $1,153 and is now $45 (3.90%) lower.
Real Gross Rent: Strafford County NH Median, Strafford County NH Average, New Hampshire Median, US Median
Real Gross Rent History for Strafford County
Date | US Median |
New Hampshire Median |
Strafford County NH Median |
Strafford County NH Average |
---|---|---|---|---|
2019 | $1,097 | $1,147 | $1,115 | $1,108 |
2018 | $1,077 | $1,110 | $1,094 | $1,120 |
2017 | $1,043 | $1,105 | $1,120 | $1,153 |
2016 | $1,027 | $1,074 | $1,077 | $1,119 |
2015 | $1,017 | $1,079 | $974 | $1,010 |
2014 | $986 | $1,049 | $965 | $971 |
2013 | $953 | $1,048 | $1,076 | $1,086 |
2012 | $940 | $1,029 | $989 | $993 |
2011 | $941 | $1,014 | $968 | $989 |
2010 | $955 | $1,063 | $1,052 | $1,086 |
2009 | $960 | $1,046 | $990 | $1,000 |
2007 | $927 | $1,048 | $1,001 | $955 |
2005 | $910 | $1,068 | $1,076 | $1,029 |
Strafford County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Strafford County New Hampshire was 5.34% according to Census ACS data.
Rental Vacancy Rate in Strafford County New Hampshire
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
New Hampshire | 4.45% | -0.11% | +0.70% |
Strafford County NH | 5.34% | -2.09% | +1.40% |
Trends in Strafford County NH Rental Vacancy Rate
The rental vacancy rate in Strafford County peaked in 2018 at 7.43%. Since then it has fallen by 2.09% to 5.34%. Data records for this series originated in 2005.
Rental Vacancy Rate: Strafford County NH, New Hampshire, US
Historical Rental Vacancy Rate data for Strafford County
Date | US | New Hampshire | Strafford County NH |
---|---|---|---|
2019 | 5.97% | 4.45% | 5.34% |
2018 | 6.15% | 4.56% | 7.43% |
2017 | 6.18% | 3.52% | 1.97% |
2016 | 5.89% | 3.75% | 3.94% |
2015 | 5.85% | 3.36% | 6.37% |
2014 | 6.32% | 5.16% | 6.12% |
2013 | 6.49% | 5.14% | — |
2012 | 6.77% | 5.61% | — |
2011 | 7.40% | 4.33% | 4.13% |
2010 | 8.17% | 5.28% | 3.68% |
2009 | 8.43% | 6.89% | 2.81% |
2007 | 7.87% | 5.28% | 4.70% |
2005 | 7.74% | 6.85% | 4.47% |
Rent as a Fraction of Income
Using median household income data for Strafford County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Strafford County, median monthly gross rent as a fraction of median household income was 18.64% in 2019 according to the ACS.
Strafford County New Hampshire 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 Hampshire | 17.66% | +0.22% | +0.30% |
Strafford County NH | 18.64% | +0.61% | +1.32% |
Trends in Strafford County NH Rent as a Fraction of Income
The fraction of median Strafford County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 21.63%. Since then it has fallen by 2.98% to 18.64%.
Fraction of Income towards Rent: Strafford County NH, New Hampshire, US
Historical Data for Annual Rent as a Fraction of Income in Strafford County New Hampshire
Date | US | New Hampshire | Strafford County NH |
---|---|---|---|
2019 | 20.03% | 17.66% | 18.64% |
2018 | 20.50% | 17.44% | 18.03% |
2017 | 20.13% | 17.53% | 18.34% |
2016 | 20.43% | 17.36% | 17.32% |
2015 | 20.63% | 17.36% | 17.89% |
2014 | 20.89% | 17.93% | 18.60% |
2013 | 20.78% | 18.59% | 20.21% |
2012 | 20.65% | 18.34% | 21.37% |
2011 | 20.70% | 17.99% | 19.49% |
2010 | 20.50% | 18.70% | 21.63% |
2009 | 20.12% | 18.19% | 18.47% |
2007 | 18.66% | 17.16% | 16.82% |
2005 | 18.89% | 18.05% | 19.46% |
Renter Fraction in Strafford County New Hampshire
You can calculate the renter fraction in Strafford 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 Strafford County as a fraction of total Strafford County households. In 2019 34.43% of households were renters according to Census ACS data.
Strafford County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
New Hampshire | 29.04% | +0.34% | -0.85% |
Strafford County NH | 34.43% | +0.24% | +3.11% |
Trends in the Strafford County NH Renter Fraction
The Strafford County household renter fraction peaked in in 2012 at 38.61% and is now 4.18% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Strafford County NH, New Hampshire, US
History of Strafford County Renter Fraction
Date | US | New Hampshire | Strafford County NH |
---|---|---|---|
2019 | 35.89% | 29.04% | 34.43% |
2018 | 36.05% | 28.70% | 34.19% |
2017 | 36.13% | 30.20% | 36.30% |
2016 | 36.88% | 29.89% | 31.32% |
2015 | 36.97% | 29.15% | 36.14% |
2014 | 36.90% | 29.78% | 33.75% |
2013 | 36.50% | 29.85% | 37.69% |
2012 | 36.09% | 29.14% | 38.61% |
2011 | 35.42% | 28.54% | 33.12% |
2010 | 34.65% | 28.32% | 34.24% |
2009 | 34.13% | 27.46% | 31.98% |
2007 | 32.80% | 25.89% | 29.16% |
2005 | 33.10% | 27.00% | 33.10% |
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. ↩