Carbon County Pennsylvania Residential Rent and Rental Statistics
The median monthly gross residential rent in Carbon County PA was $880 in 2019 according to the Census ACS survey.1 Average gross rent in Carbon County was $837 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 Carbon County median and average rent data will be released in September of 2021.
Data is also available below for Carbon County rental vacancy rates, Carbon County rent as a percent of median income and the fraction of renters in Carbon County.
Real Gross Rent in Carbon 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% |
Carbon County PA Median Gross Rent | $880 | +10.97% | -2.76% |
Carbon County PA Real Gross Rent Trends
Median gross rent for Carbon County peaked in real terms in 2016 at $905 and is now $25 (2.76%) lower. Average gross rent for Carbon County peaked in real terms in 2012 at $861 and is now $24 (2.79%) lower.
Real Gross Rent: Carbon County PA Median, Carbon County PA Average, Pennsylvania Median, US Median
Real Gross Rent History for Carbon County
Date | US Median |
Pennsylvania Median |
Carbon County PA Median |
Carbon County PA Average |
---|---|---|---|---|
2019 | $1,097 | $951 | $880 | $837 |
2018 | $1,077 | $944 | $793 | $771 |
2017 | $1,043 | $921 | $786 | $732 |
2016 | $1,027 | $923 | $905 | $738 |
2015 | $1,017 | $921 | $796 | $768 |
2014 | $986 | $895 | $768 | $825 |
2013 | $953 | $872 | $828 | $783 |
2012 | $940 | $849 | $808 | $861 |
2011 | $941 | $849 | $690 | $684 |
2010 | $955 | $853 | $726 | $682 |
2009 | $960 | $841 | — | — |
2007 | $927 | $805 | — | — |
2005 | $910 | $809 | — | — |
Carbon 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 Carbon County Pennsylvania was 15.48% according to Census ACS data.
Rental Vacancy Rate in Carbon County Pennsylvania
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Pennsylvania | 4.87% | -0.42% | -0.90% |
Carbon County PA | 15.48% | +8.47% | +11.62% |
Trends in Carbon County PA Rental Vacancy Rate
At 15.48%, Carbon County residential rental vacancy rate in 2019 is at the highest point since 2010, the beginning of our reporting for this series.
Rental Vacancy Rate: Carbon County PA, Pennsylvania, US
Historical Rental Vacancy Rate data for Carbon County
Date | US | Pennsylvania | Carbon County PA |
---|---|---|---|
2019 | 5.97% | 4.87% | 15.48% |
2018 | 6.15% | 5.29% | 7.01% |
2017 | 6.18% | 5.84% | 1.05% |
2016 | 5.89% | 5.77% | 3.86% |
2015 | 5.85% | 5.77% | 7.06% |
2014 | 6.32% | 6.40% | — |
2013 | 6.49% | 5.78% | — |
2012 | 6.77% | 5.88% | — |
2011 | 7.40% | 6.13% | 2.46% |
2010 | 8.17% | 6.47% | 12.21% |
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 Carbon County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Carbon County, median monthly gross rent as a fraction of median household income was 17.28% in 2019 according to the ACS.
Carbon 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% |
Carbon County PA | 17.28% | -0.28% | -2.78% |
Trends in Carbon County PA Rent as a Fraction of Income
The fraction of median Carbon County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2010 series origin) at 21.43%. Since then it has fallen by 4.15% to 17.28%.
Fraction of Income towards Rent: Carbon County PA, Pennsylvania, US
Historical Data for Annual Rent as a Fraction of Income in Carbon County Pennsylvania
Date | US | Pennsylvania | Carbon County PA |
---|---|---|---|
2019 | 20.03% | 17.98% | 17.28% |
2018 | 20.50% | 18.26% | 17.56% |
2017 | 20.13% | 18.10% | 18.42% |
2016 | 20.43% | 18.58% | 20.06% |
2015 | 20.63% | 18.70% | 15.68% |
2014 | 20.89% | 19.12% | 17.44% |
2013 | 20.78% | 19.11% | 21.43% |
2012 | 20.65% | 18.69% | 17.97% |
2011 | 20.70% | 18.78% | 17.37% |
2010 | 20.50% | 18.58% | 15.50% |
2009 | 20.12% | 17.88% | — |
2007 | 18.66% | 16.92% | — |
2005 | 18.89% | 17.43% | — |
Renter Fraction in Carbon County Pennsylvania
You can calculate the renter fraction in Carbon 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 Carbon County as a fraction of total Carbon County households. In 2019 26.10% of households were renters according to Census ACS data.
Carbon 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% |
Carbon County PA | 26.10% | +1.28% | +3.53% |
Trends in the Carbon County PA Renter Fraction
The Carbon County household renter fraction peaked in in 2017 at 28.41% and is now 2.31% below that level. The origin year for the series is 2010.
Fraction of Renting Households: Carbon County PA, Pennsylvania, US
History of Carbon County Renter Fraction
Date | US | Pennsylvania | Carbon County PA |
---|---|---|---|
2019 | 35.89% | 31.59% | 26.10% |
2018 | 36.05% | 31.40% | 24.82% |
2017 | 36.13% | 31.70% | 28.41% |
2016 | 36.88% | 31.50% | 22.57% |
2015 | 36.97% | 31.28% | 21.85% |
2014 | 36.90% | 31.17% | 18.23% |
2013 | 36.50% | 31.05% | 26.36% |
2012 | 36.09% | 31.09% | 24.45% |
2011 | 35.42% | 30.51% | 23.20% |
2010 | 34.65% | 29.87% | 17.70% |
2009 | 34.13% | 29.48% | — |
2007 | 32.80% | 28.36% | — |
2005 | 33.10% | 28.52% | — |
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. ↩