Dutchess County New York Residential Rent and Rental Statistics
The median monthly gross residential rent in Dutchess County NY was $1,250 in 2019 according to the Census ACS survey.1 Average gross rent in Dutchess County was $1,267 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 Dutchess County median and average rent data will be released in September of 2021.
Data is also available below for Dutchess County rental vacancy rates, Dutchess County rent as a percent of median income and the fraction of renters in Dutchess County.
Real Gross Rent in Dutchess 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% |
| Dutchess County NY Median Gross Rent | $1,250 | -0.08% | +4.52% |
Dutchess County NY Real Gross Rent Trends
Median gross rent for Dutchess County peaked in real terms in 2018 at $1,251 and is now $1 (0.08%) lower. At $1,267, real average gross rent in Dutchess County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Dutchess County NY Median, Dutchess County NY Average, New York Median, US Median
Real Gross Rent History for Dutchess County
| Date | US Median |
New York Median |
Dutchess County NY Median |
Dutchess County NY Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,309 | $1,250 | $1,267 |
| 2018 | $1,077 | $1,297 | $1,251 | $1,230 |
| 2017 | $1,043 | $1,264 | $1,203 | $1,191 |
| 2016 | $1,027 | $1,250 | $1,196 | $1,176 |
| 2015 | $1,017 | $1,244 | $1,228 | $1,224 |
| 2014 | $986 | $1,212 | $1,213 | $1,178 |
| 2013 | $953 | $1,168 | $1,179 | $1,166 |
| 2012 | $940 | $1,148 | $1,132 | $1,119 |
| 2011 | $941 | $1,143 | $1,177 | $1,169 |
| 2010 | $955 | $1,140 | $1,152 | $1,167 |
| 2009 | $960 | $1,121 | $1,213 | $1,172 |
| 2007 | $927 | $1,066 | $1,167 | $1,137 |
| 2005 | $910 | $1,051 | $1,181 | $1,146 |
Dutchess 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 Dutchess County New York was 4.45% according to Census ACS data.
Rental Vacancy Rate in Dutchess 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% |
| Dutchess County NY | 4.45% | -1.45% | +2.19% |
Trends in Dutchess County NY Rental Vacancy Rate
The rental vacancy rate in Dutchess County peaked in 2010 at 10.64%. Since then it has fallen by 6.19% to 4.45%. Data records for this series originated in 2005. From a 2016 post peak low of 2.26%, the rental vacancy rate has increased by 2.19%.
Rental Vacancy Rate: Dutchess County NY, New York, US
Historical Rental Vacancy Rate data for Dutchess County
| Date | US | New York | Dutchess County NY |
|---|---|---|---|
| 2019 | 5.97% | 4.00% | 4.45% |
| 2018 | 6.15% | 4.20% | 5.90% |
| 2017 | 6.18% | 4.19% | 5.29% |
| 2016 | 5.89% | 4.42% | 2.26% |
| 2015 | 5.85% | 4.41% | 5.68% |
| 2014 | 6.32% | 4.34% | 7.37% |
| 2013 | 6.49% | 4.17% | 6.67% |
| 2012 | 6.77% | 4.34% | 3.38% |
| 2011 | 7.40% | 4.48% | 8.20% |
| 2010 | 8.17% | 5.03% | 10.64% |
| 2009 | 8.43% | 4.78% | 5.07% |
| 2007 | 7.87% | 4.70% | 9.41% |
| 2005 | 7.74% | 4.80% | 4.83% |
Rent as a Fraction of Income
Using median household income data for Dutchess County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Dutchess County, median monthly gross rent as a fraction of median household income was 17.46% in 2019 according to the ACS.
Dutchess 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% |
| Dutchess County NY | 17.46% | -0.92% | -1.03% |
Trends in Dutchess County NY Rent as a Fraction of Income
The fraction of median Dutchess County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.37%. Since then it has fallen by 1.91% to 17.46%.
Fraction of Income towards Rent: Dutchess County NY, New York, US
Historical Data for Annual Rent as a Fraction of Income in Dutchess County New York
| Date | US | New York | Dutchess County NY |
|---|---|---|---|
| 2019 | 20.03% | 21.78% | 17.46% |
| 2018 | 20.50% | 22.53% | 18.38% |
| 2017 | 20.13% | 22.67% | 17.97% |
| 2016 | 20.43% | 22.78% | 18.49% |
| 2015 | 20.63% | 23.13% | 19.34% |
| 2014 | 20.89% | 23.40% | 19.37% |
| 2013 | 20.78% | 23.20% | 19.18% |
| 2012 | 20.65% | 22.94% | 19.13% |
| 2011 | 20.70% | 22.98% | 19.31% |
| 2010 | 20.50% | 22.60% | 17.77% |
| 2009 | 20.12% | 21.60% | 18.37% |
| 2007 | 18.66% | 20.34% | 18.02% |
| 2005 | 18.89% | 20.40% | 18.32% |
Renter Fraction in Dutchess County New York
You can calculate the renter fraction in Dutchess 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 Dutchess County as a fraction of total Dutchess County households. In 2019 33.28% of households were renters according to Census ACS data.
Dutchess 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% |
| Dutchess County NY | 33.28% | +1.49% | +0.96% |
Trends in the Dutchess County NY Renter Fraction
At 33.28%, the 2019 household based renter fraction in Dutchess County was at its highest level. The origin year for the series is 2005.
Fraction of Renting Households: Dutchess County NY, New York, US
History of Dutchess County Renter Fraction
| Date | US | New York | Dutchess County NY |
|---|---|---|---|
| 2019 | 35.89% | 46.48% | 33.28% |
| 2018 | 36.05% | 46.33% | 31.79% |
| 2017 | 36.13% | 46.20% | 29.75% |
| 2016 | 36.88% | 46.72% | 32.32% |
| 2015 | 36.97% | 46.93% | 32.22% |
| 2014 | 36.90% | 47.02% | 32.85% |
| 2013 | 36.50% | 46.35% | 30.18% |
| 2012 | 36.09% | 46.35% | 30.65% |
| 2011 | 35.42% | 46.41% | 31.85% |
| 2010 | 34.65% | 45.75% | 29.45% |
| 2009 | 34.13% | 44.97% | 30.35% |
| 2007 | 32.80% | 44.48% | 26.56% |
| 2005 | 33.10% | 44.67% | 27.53% |
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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