Lawrence County Pennsylvania Residential Rent and Rental Statistics
The median monthly gross residential rent in Lawrence County PA was $658 in 2019 according to the Census ACS survey.1 Average gross rent in Lawrence County was $596 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 Lawrence County median and average rent data will be released in September of 2021.
Data is also available below for Lawrence County rental vacancy rates, Lawrence County rent as a percent of median income and the fraction of renters in Lawrence County.
Real Gross Rent in Lawrence 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% |
| Lawrence County PA Median Gross Rent | $658 | -12.15% | -1.20% |
Lawrence County PA Real Gross Rent Trends
Median gross rent for Lawrence County peaked in real terms in 2018 at $749 and is now $91 (12.15%) lower. Average gross rent for Lawrence County peaked in real terms in 2009 at $696 and is now $100 (14.37%) lower. From a recent low of 537.0 in 2011, real average gross rent has now increased by $59 (10.99%).
Real Gross Rent: Lawrence County PA Median, Lawrence County PA Average, Pennsylvania Median, US Median
Real Gross Rent History for Lawrence County
| Date | US Median |
Pennsylvania Median |
Lawrence County PA Median |
Lawrence County PA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $951 | $658 | $596 |
| 2018 | $1,077 | $944 | $749 | $693 |
| 2017 | $1,043 | $921 | $668 | $635 |
| 2016 | $1,027 | $923 | $666 | $632 |
| 2015 | $1,017 | $921 | $699 | $639 |
| 2014 | $986 | $895 | $670 | $590 |
| 2013 | $953 | $872 | $638 | $585 |
| 2012 | $940 | $849 | $624 | $576 |
| 2011 | $941 | $849 | $652 | $537 |
| 2010 | $955 | $853 | $666 | $591 |
| 2009 | $960 | $841 | $679 | $696 |
| 2007 | $927 | $805 | $650 | $609 |
| 2005 | $910 | $809 | $646 | $591 |
Lawrence County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Lawrence County Pennsylvania was 5.47% according to Census ACS data.
Rental Vacancy Rate in Lawrence County Pennsylvania
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Pennsylvania | 4.87% | -0.42% | -0.90% |
| Lawrence County PA | — | — | — |
Trends in Lawrence County PA Rental Vacancy Rate
The rental vacancy rate in Lawrence County peaked in 2006 at 15.09%. Since then it has fallen by 9.62% to 5.47%. Data records for this series originated in 2005. From a 2017 post peak low of 1.43%, the rental vacancy rate has increased by 4.04%.
Rental Vacancy Rate: Lawrence County PA, Pennsylvania, US
Historical Rental Vacancy Rate data for Lawrence County
| Date | US | Pennsylvania | Lawrence County PA |
|---|---|---|---|
| 2019 | 5.97% | 4.87% | — |
| 2018 | 6.15% | 5.29% | 5.47% |
| 2017 | 6.18% | 5.84% | 1.43% |
| 2016 | 5.89% | 5.77% | 6.43% |
| 2015 | 5.85% | 5.77% | 6.87% |
| 2014 | 6.32% | 6.40% | — |
| 2013 | 6.49% | 5.78% | 7.99% |
| 2012 | 6.77% | 5.88% | 6.07% |
| 2011 | 7.40% | 6.13% | 3.70% |
| 2010 | 8.17% | 6.47% | — |
| 2009 | 8.43% | 6.80% | 9.16% |
| 2007 | 7.87% | 7.34% | 3.03% |
| 2005 | 7.74% | 7.94% | — |
Rent as a Fraction of Income
Using median household income data for Lawrence County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Lawrence County, median monthly gross rent as a fraction of median household income was 15.62% in 2019 according to the ACS.
Lawrence 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% |
| Lawrence County PA | 15.62% | -2.84% | -0.65% |
Trends in Lawrence County PA Rent as a Fraction of Income
The fraction of median Lawrence County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 18.73%. Since then it has fallen by 3.11% to 15.62%.
Fraction of Income towards Rent: Lawrence County PA, Pennsylvania, US
Historical Data for Annual Rent as a Fraction of Income in Lawrence County Pennsylvania
| Date | US | Pennsylvania | Lawrence County PA |
|---|---|---|---|
| 2019 | 20.03% | 17.98% | 15.62% |
| 2018 | 20.50% | 18.26% | 18.46% |
| 2017 | 20.13% | 18.10% | 15.56% |
| 2016 | 20.43% | 18.58% | 16.27% |
| 2015 | 20.63% | 18.70% | 18.42% |
| 2014 | 20.89% | 19.12% | 16.80% |
| 2013 | 20.78% | 19.11% | 16.75% |
| 2012 | 20.65% | 18.69% | 16.17% |
| 2011 | 20.70% | 18.78% | 17.42% |
| 2010 | 20.50% | 18.58% | 18.73% |
| 2009 | 20.12% | 17.88% | 16.54% |
| 2007 | 18.66% | 16.92% | 16.29% |
| 2005 | 18.89% | 17.43% | 15.53% |
Renter Fraction in Lawrence County Pennsylvania
You can calculate the renter fraction in Lawrence 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 Lawrence County as a fraction of total Lawrence County households. In 2019 25.82% of households were renters according to Census ACS data.
Lawrence 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% |
| Lawrence County PA | 25.82% | -2.77% | -0.70% |
Trends in the Lawrence County PA Renter Fraction
The Lawrence County household renter fraction peaked in in 2018 at 28.59% and is now 2.77% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Lawrence County PA, Pennsylvania, US
History of Lawrence County Renter Fraction
| Date | US | Pennsylvania | Lawrence County PA |
|---|---|---|---|
| 2019 | 35.89% | 31.59% | 25.82% |
| 2018 | 36.05% | 31.40% | 28.59% |
| 2017 | 36.13% | 31.70% | 24.69% |
| 2016 | 36.88% | 31.50% | 26.52% |
| 2015 | 36.97% | 31.28% | 26.81% |
| 2014 | 36.90% | 31.17% | 26.78% |
| 2013 | 36.50% | 31.05% | 26.40% |
| 2012 | 36.09% | 31.09% | 26.43% |
| 2011 | 35.42% | 30.51% | 24.60% |
| 2010 | 34.65% | 29.87% | 25.86% |
| 2009 | 34.13% | 29.48% | 20.25% |
| 2007 | 32.80% | 28.36% | 21.77% |
| 2005 | 33.10% | 28.52% | 20.71% |
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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