Clearfield County Pennsylvania Residential Rent and Rental Statistics
The median monthly gross residential rent in Clearfield County PA was $718 in 2019 according to the Census ACS survey.1 Average gross rent in Clearfield County was $693 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 Clearfield County median and average rent data will be released in September of 2021.
Data is also available below for Clearfield County rental vacancy rates, Clearfield County rent as a percent of median income and the fraction of renters in Clearfield County.
Real Gross Rent in Clearfield 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% |
| Clearfield County PA Median Gross Rent | $718 | +21.90% | +11.49% |
Clearfield County PA Real Gross Rent Trends
At $718, real median gross rent in Clearfield County was at its highest level in 2019 since the series began in 2005. At $693, real average gross rent in Clearfield County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Clearfield County PA Median, Clearfield County PA Average, Pennsylvania Median, US Median
Real Gross Rent History for Clearfield County
| Date | US Median |
Pennsylvania Median |
Clearfield County PA Median |
Clearfield County PA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $951 | $718 | $693 |
| 2018 | $1,077 | $944 | $589 | $635 |
| 2017 | $1,043 | $921 | $677 | $583 |
| 2016 | $1,027 | $923 | $644 | $570 |
| 2015 | $1,017 | $921 | $643 | $659 |
| 2014 | $986 | $895 | $662 | $576 |
| 2013 | $953 | $872 | $588 | $557 |
| 2012 | $940 | $849 | $584 | $560 |
| 2011 | $941 | $849 | $601 | $576 |
| 2010 | $955 | $853 | $607 | $580 |
| 2009 | $960 | $841 | $646 | $588 |
| 2007 | $927 | $805 | $586 | $513 |
| 2005 | $910 | $809 | $589 | $466 |
Clearfield 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 Clearfield County Pennsylvania was 4.52% according to Census ACS data.
Rental Vacancy Rate in Clearfield County Pennsylvania
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Pennsylvania | 4.87% | -0.42% | -0.90% |
| Clearfield County PA | 4.52% | — | -1.58% |
Trends in Clearfield County PA Rental Vacancy Rate
The rental vacancy rate in Clearfield County peaked in 2015 at 11.74%. Since then it has fallen by 7.22% to 4.52%. Data records for this series originated in 2005.
Rental Vacancy Rate: Clearfield County PA, Pennsylvania, US
Historical Rental Vacancy Rate data for Clearfield County
| Date | US | Pennsylvania | Clearfield County PA |
|---|---|---|---|
| 2019 | 5.97% | 4.87% | 4.52% |
| 2018 | 6.15% | 5.29% | — |
| 2017 | 6.18% | 5.84% | 2.71% |
| 2016 | 5.89% | 5.77% | 6.10% |
| 2015 | 5.85% | 5.77% | 11.74% |
| 2014 | 6.32% | 6.40% | 9.47% |
| 2013 | 6.49% | 5.78% | — |
| 2012 | 6.77% | 5.88% | 1.97% |
| 2011 | 7.40% | 6.13% | 5.80% |
| 2010 | 8.17% | 6.47% | 6.92% |
| 2009 | 8.43% | 6.80% | 6.94% |
| 2007 | 7.87% | 7.34% | — |
| 2005 | 7.74% | 7.94% | 9.03% |
Rent as a Fraction of Income
Using median household income data for Clearfield County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Clearfield County, median monthly gross rent as a fraction of median household income was 18.88% in 2019 according to the ACS.
Clearfield 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% |
| Clearfield County PA | 18.88% | +3.84% | +3.29% |
Trends in Clearfield County PA Rent as a Fraction of Income
The fraction of median Clearfield County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 19.00%. Since then it has fallen by 0.13% to 18.88%. From a 2018 low of 15.04%, the fraction of income going to rent has increased by 3.84%.
Fraction of Income towards Rent: Clearfield County PA, Pennsylvania, US
Historical Data for Annual Rent as a Fraction of Income in Clearfield County Pennsylvania
| Date | US | Pennsylvania | Clearfield County PA |
|---|---|---|---|
| 2019 | 20.03% | 17.98% | 18.88% |
| 2018 | 20.50% | 18.26% | 15.04% |
| 2017 | 20.13% | 18.10% | 16.23% |
| 2016 | 20.43% | 18.58% | 15.59% |
| 2015 | 20.63% | 18.70% | 16.28% |
| 2014 | 20.89% | 19.12% | 19.00% |
| 2013 | 20.78% | 19.11% | 17.07% |
| 2012 | 20.65% | 18.69% | 15.75% |
| 2011 | 20.70% | 18.78% | 15.60% |
| 2010 | 20.50% | 18.58% | 17.94% |
| 2009 | 20.12% | 17.88% | 18.25% |
| 2007 | 18.66% | 16.92% | 16.51% |
| 2005 | 18.89% | 17.43% | 17.69% |
Renter Fraction in Clearfield County Pennsylvania
You can calculate the renter fraction in Clearfield 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 Clearfield County as a fraction of total Clearfield County households. In 2019 24.03% of households were renters according to Census ACS data.
Clearfield 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% |
| Clearfield County PA | 24.03% | +0.67% | +1.05% |
Trends in the Clearfield County PA Renter Fraction
The Clearfield County household renter fraction peaked in in 2005 at 25.65% and is now 1.62% below that level. From a recent low of 21.48% in 2011, the household based renter fraction has now grown by 2.55%. The origin year for the series is 2005.
Fraction of Renting Households: Clearfield County PA, Pennsylvania, US
History of Clearfield County Renter Fraction
| Date | US | Pennsylvania | Clearfield County PA |
|---|---|---|---|
| 2019 | 35.89% | 31.59% | 24.03% |
| 2018 | 36.05% | 31.40% | 23.36% |
| 2017 | 36.13% | 31.70% | 25.63% |
| 2016 | 36.88% | 31.50% | 22.98% |
| 2015 | 36.97% | 31.28% | 25.07% |
| 2014 | 36.90% | 31.17% | 22.01% |
| 2013 | 36.50% | 31.05% | 24.29% |
| 2012 | 36.09% | 31.09% | 22.37% |
| 2011 | 35.42% | 30.51% | 21.48% |
| 2010 | 34.65% | 29.87% | 23.58% |
| 2009 | 34.13% | 29.48% | 23.32% |
| 2007 | 32.80% | 28.36% | 22.95% |
| 2005 | 33.10% | 28.52% | 25.65% |
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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