Adams County Pennsylvania Residential Rent and Rental Statistics
The median monthly gross residential rent in Adams County PA was $911 in 2019 according to the Census ACS survey.1 Average gross rent in Adams County was $872 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 Adams County median and average rent data will be released in September of 2021.
Data is also available below for Adams County rental vacancy rates, Adams County rent as a percent of median income and the fraction of renters in Adams County.
Real Gross Rent in Adams County Pennsylvania (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Pennsylvania Median Gross Rent | $951 | +0.74% | +3.03% |
Adams County PA Median Gross Rent | $911 | -5.79% | +1.67% |
Adams County PA Real Gross Rent Trends
Median gross rent for Adams County peaked in real terms in 2018 at $967 and is now $56 (5.79%) lower. Average gross rent for Adams County peaked in real terms in 2010 at $876 and is now $4 (0.46%) lower.
Real Gross Rent: Adams County PA Median, Adams County PA Average, Pennsylvania Median, US Median
Real Gross Rent History for Adams County
Date | US Median |
Pennsylvania Median |
Adams County PA Median |
Adams County PA Average |
---|---|---|---|---|
2019 | $1,097 | $951 | $911 | $872 |
2018 | $1,077 | $944 | $967 | $837 |
2017 | $1,043 | $921 | $884 | $845 |
2016 | $1,027 | $923 | $896 | $838 |
2015 | $1,017 | $921 | $891 | $799 |
2014 | $986 | $895 | $917 | $853 |
2013 | $953 | $872 | $865 | $836 |
2012 | $940 | $849 | $770 | $753 |
2011 | $941 | $849 | $881 | $804 |
2010 | $955 | $853 | $884 | $876 |
2009 | $960 | $841 | $858 | $870 |
2007 | $927 | $805 | $757 | $700 |
2005 | $910 | $809 | $753 | $744 |
Adams County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Adams County Pennsylvania was 1.58% according to Census ACS data.
Rental Vacancy Rate in Adams County Pennsylvania
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Pennsylvania | 4.87% | -0.42% | -0.90% |
Adams County PA | — | — | — |
Trends in Adams County PA Rental Vacancy Rate
The rental vacancy rate in Adams County peaked in 2013 at 6.25%. Since then it has fallen by 4.67% to 1.58%. Data records for this series originated in 2005.
Rental Vacancy Rate: Adams County PA, Pennsylvania, US
Historical Rental Vacancy Rate data for Adams County
Date | US | Pennsylvania | Adams County PA |
---|---|---|---|
2019 | 5.97% | 4.87% | — |
2018 | 6.15% | 5.29% | — |
2017 | 6.18% | 5.84% | 1.58% |
2016 | 5.89% | 5.77% | — |
2015 | 5.85% | 5.77% | 4.95% |
2014 | 6.32% | 6.40% | — |
2013 | 6.49% | 5.78% | 6.25% |
2012 | 6.77% | 5.88% | 3.08% |
2011 | 7.40% | 6.13% | 5.98% |
2010 | 8.17% | 6.47% | 3.03% |
2009 | 8.43% | 6.80% | — |
2007 | 7.87% | 7.34% | — |
2005 | 7.74% | 7.94% | — |
Rent as a Fraction of Income
Using median household income data for Adams County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Adams County, median monthly gross rent as a fraction of median household income was 16.14% in 2019 according to the ACS.
Adams County Pennsylvania Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Pennsylvania | 17.98% | -0.28% | -0.60% |
Adams County PA | 16.14% | -2.16% | -1.18% |
Trends in Adams County PA Rent as a Fraction of Income
The fraction of median Adams County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 18.30%. Since then it has fallen by 2.16% to 16.14%.
Fraction of Income towards Rent: Adams County PA, Pennsylvania, US
Historical Data for Annual Rent as a Fraction of Income in Adams County Pennsylvania
Date | US | Pennsylvania | Adams County PA |
---|---|---|---|
2019 | 20.03% | 17.98% | 16.14% |
2018 | 20.50% | 18.26% | 18.30% |
2017 | 20.13% | 18.10% | 16.30% |
2016 | 20.43% | 18.58% | 17.32% |
2015 | 20.63% | 18.70% | 16.52% |
2014 | 20.89% | 19.12% | 16.94% |
2013 | 20.78% | 19.11% | 16.69% |
2012 | 20.65% | 18.69% | 14.45% |
2011 | 20.70% | 18.78% | 17.83% |
2010 | 20.50% | 18.58% | 17.06% |
2009 | 20.12% | 17.88% | 15.96% |
2007 | 18.66% | 16.92% | 14.50% |
2005 | 18.89% | 17.43% | 15.43% |
Renter Fraction in Adams County Pennsylvania
You can calculate the renter fraction in Adams 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 Adams County as a fraction of total Adams County households. In 2019 21.62% of households were renters according to Census ACS data.
Adams County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Pennsylvania | 31.59% | +0.19% | +0.09% |
Adams County PA | 21.62% | -3.43% | -0.43% |
Trends in the Adams County PA Renter Fraction
The Adams County household renter fraction peaked in in 2005 at 26.37% and is now 4.75% below that level. From a recent low of 20.61% in 2006, the household based renter fraction has now grown by 1.01%. The origin year for the series is 2005.
Fraction of Renting Households: Adams County PA, Pennsylvania, US
History of Adams County Renter Fraction
Date | US | Pennsylvania | Adams County PA |
---|---|---|---|
2019 | 35.89% | 31.59% | 21.62% |
2018 | 36.05% | 31.40% | 25.05% |
2017 | 36.13% | 31.70% | 23.43% |
2016 | 36.88% | 31.50% | 22.05% |
2015 | 36.97% | 31.28% | 21.29% |
2014 | 36.90% | 31.17% | 24.91% |
2013 | 36.50% | 31.05% | 21.96% |
2012 | 36.09% | 31.09% | 22.45% |
2011 | 35.42% | 30.51% | 24.01% |
2010 | 34.65% | 29.87% | 23.48% |
2009 | 34.13% | 29.48% | 24.35% |
2007 | 32.80% | 28.36% | 22.82% |
2005 | 33.10% | 28.52% | 26.37% |
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. ↩