Cattaraugus County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Cattaraugus County NY was $683 in 2019 according to the Census ACS survey.1 Average gross rent in Cattaraugus County was $611 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 Cattaraugus County median and average rent data will be released in September of 2021.
Data is also available below for Cattaraugus County rental vacancy rates, Cattaraugus County rent as a percent of median income and the fraction of renters in Cattaraugus County.
Real Gross Rent in Cattaraugus 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% |
| Cattaraugus County NY Median Gross Rent | $683 | -2.43% | +5.40% |
Cattaraugus County NY Real Gross Rent Trends
Median gross rent for Cattaraugus County peaked in real terms in 2018 at $700 and is now $17 (2.43%) lower. Average gross rent for Cattaraugus County peaked in real terms in 2018 at $663 and is now $52 (7.84%) lower.
Real Gross Rent: Cattaraugus County NY Median, Cattaraugus County NY Average, New York Median, US Median
Real Gross Rent History for Cattaraugus County
| Date | US Median |
New York Median |
Cattaraugus County NY Median |
Cattaraugus County NY Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,309 | $683 | $611 |
| 2018 | $1,077 | $1,297 | $700 | $663 |
| 2017 | $1,043 | $1,264 | $627 | $613 |
| 2016 | $1,027 | $1,250 | $648 | $608 |
| 2015 | $1,017 | $1,244 | $655 | $644 |
| 2014 | $986 | $1,212 | $652 | $618 |
| 2013 | $953 | $1,168 | $633 | $621 |
| 2012 | $940 | $1,148 | $635 | $603 |
| 2011 | $941 | $1,143 | $686 | $622 |
| 2010 | $955 | $1,140 | $635 | $610 |
| 2009 | $960 | $1,121 | $675 | $658 |
| 2007 | $927 | $1,066 | $680 | $619 |
| 2005 | $910 | $1,051 | $669 | $634 |
Cattaraugus 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 Cattaraugus County New York was 6.27% according to Census ACS data.
Rental Vacancy Rate in Cattaraugus 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% |
| Cattaraugus County NY | 6.27% | +3.18% | +0.86% |
Trends in Cattaraugus County NY Rental Vacancy Rate
The rental vacancy rate in Cattaraugus County peaked in 2007 at 10.30%. Since then it has fallen by 4.03% to 6.27%. Data records for this series originated in 2005. From a 2018 post peak low of 3.09%, the rental vacancy rate has increased by 3.18%.
Rental Vacancy Rate: Cattaraugus County NY, New York, US
Historical Rental Vacancy Rate data for Cattaraugus County
| Date | US | New York | Cattaraugus County NY |
|---|---|---|---|
| 2019 | 5.97% | 4.00% | 6.27% |
| 2018 | 6.15% | 4.20% | 3.09% |
| 2017 | 6.18% | 4.19% | 4.55% |
| 2016 | 5.89% | 4.42% | 5.41% |
| 2015 | 5.85% | 4.41% | 9.60% |
| 2014 | 6.32% | 4.34% | 6.98% |
| 2013 | 6.49% | 4.17% | 3.16% |
| 2012 | 6.77% | 4.34% | 5.55% |
| 2011 | 7.40% | 4.48% | 4.27% |
| 2010 | 8.17% | 5.03% | 4.68% |
| 2009 | 8.43% | 4.78% | — |
| 2007 | 7.87% | 4.70% | 10.30% |
| 2005 | 7.74% | 4.80% | 9.92% |
Rent as a Fraction of Income
Using median household income data for Cattaraugus County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Cattaraugus County, median monthly gross rent as a fraction of median household income was 16.10% in 2019 according to the ACS.
Cattaraugus 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% |
| Cattaraugus County NY | 16.10% | -1.04% | +0.24% |
Trends in Cattaraugus County NY Rent as a Fraction of Income
The fraction of median Cattaraugus County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 19.57%. Since then it has fallen by 3.47% to 16.10%. From a 2017 low of 15.05%, the fraction of income going to rent has increased by 1.05%.
Fraction of Income towards Rent: Cattaraugus County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Cattaraugus County New York
| Date | US | New York | Cattaraugus County NY |
|---|---|---|---|
| 2019 | 20.03% | 21.78% | 16.10% |
| 2018 | 20.50% | 22.53% | 17.14% |
| 2017 | 20.13% | 22.67% | 15.05% |
| 2016 | 20.43% | 22.78% | 15.86% |
| 2015 | 20.63% | 23.13% | 18.50% |
| 2014 | 20.89% | 23.40% | 16.73% |
| 2013 | 20.78% | 23.20% | 17.87% |
| 2012 | 20.65% | 22.94% | 16.48% |
| 2011 | 20.70% | 22.98% | 19.57% |
| 2010 | 20.50% | 22.60% | 16.39% |
| 2009 | 20.12% | 21.60% | 18.43% |
| 2007 | 18.66% | 20.34% | 16.92% |
| 2005 | 18.89% | 20.40% | 17.08% |
Renter Fraction in Cattaraugus County New York
You can calculate the renter fraction in Cattaraugus 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 Cattaraugus County as a fraction of total Cattaraugus County households. In 2019 26.50% of households were renters according to Census ACS data.
Cattaraugus 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% |
| Cattaraugus County NY | 26.50% | -2.03% | -0.88% |
Trends in the Cattaraugus County NY Renter Fraction
The Cattaraugus County household renter fraction peaked in in 2011 at 30.85% and is now 4.35% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Cattaraugus County NY, New York, US
History of Cattaraugus County Renter Fraction
| Date | US | New York | Cattaraugus County NY |
|---|---|---|---|
| 2019 | 35.89% | 46.48% | 26.50% |
| 2018 | 36.05% | 46.33% | 28.53% |
| 2017 | 36.13% | 46.20% | 29.87% |
| 2016 | 36.88% | 46.72% | 27.38% |
| 2015 | 36.97% | 46.93% | 30.85% |
| 2014 | 36.90% | 47.02% | 28.99% |
| 2013 | 36.50% | 46.35% | 29.93% |
| 2012 | 36.09% | 46.35% | 27.49% |
| 2011 | 35.42% | 46.41% | 30.85% |
| 2010 | 34.65% | 45.75% | 26.34% |
| 2009 | 34.13% | 44.97% | 27.13% |
| 2007 | 32.80% | 44.48% | 29.33% |
| 2005 | 33.10% | 44.67% | 26.81% |
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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