What percentage of people rent in Locust Valley, NY?
13.9% (±6.0 points) of the occupied homes in Locust Valley, NY are rented (2020–2024 American Community Survey).
That is 172 renting households against 1,069 that own their home.
In Locust Valley, the share of households that rent went from 28.0% in 2015–2019 to 13.9% in 2020–2024 (−14.1 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 13.9% (±6.0 points)
- Renting households
- 172 (±79)
Who rents and who owns in Locust Valley
| Locust Valley | Nassau County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.9% (±6.0 points) | 18.1% (±0.5 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 172 (±79) | 82,700 (±2,285) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 1,069 (±153) | 375,466 (±2,322) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 2.4 (±0.5) | 2.6 (±0.0) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 3.5 (±0.5) | 3.1 (±0.0) | 2.7 (±0.0) | 2.6 |
| Median renter household income | — | $77,626 (±$3,199) | $57,803 (±$395) | $52,966 |
| Median owner household income | $156,947 (±$71,380) | $164,310 (±$2,130) | $114,563 (±$568) | $100,009 |
In Locust Valley, the renter share is not measurably different from Nassau County (18.1%).
It is also lower than in New York (45.7%).
It is lower than the national figure (34.8%).
In Nassau County, Locust Valley ranks 24 of 62 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 246 of 414.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Locust Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 28.0% (±7.1 points) | 13.9% (±6.0 points) | −14.1 percentage points | Measurable decrease |
| Median gross rent | $1,944 (±$239) | $2,324 (±$536) | +19.5% | No measurable change after inflation |
| Median household income | $130,521 (±$16,044) | $152,472 (±$30,984) | +16.8% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Locust Valley
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Locust Valley | — | 13.9% (±6.0 points) | — |
| Village of Lattingtown | 1.2 mi | 13.1% (±6.1 points) | Not measurably different |
| Village of Matinecock | 1.4 mi | 8.5% (±4.3 points) | Not measurably different |
| Village of Mill Neck | 1.6 mi | 14.5% (±5.6 points) | Not measurably different |
| Village of Bayville | 2.5 mi | 13.1% (±5.2 points) | Not measurably different |
| Village of Upper Brookville | 2.5 mi | 11.5% (±10.7 points) | Not measurably different |
| Glen Head | 2.7 mi | 10.5% (±4.1 points) | Not measurably different |
| Glen Cove | 2.9 mi | 49.0% (±3.3 points) | Higher |
| Village of Old Brookville | 3.0 mi | 20.9% (±12.0 points) | Not measurably different |
Nearby places with a measurably higher figure: Glen Cove, NY (49.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Nassau County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 18 (tie) | Lakeview | 15.4% (±10.4 points) |
| 18 (tie) | South Valley Stream | 15.4% (±6.9 points) |
| 20 | Garden City South | 15.2% (±7.0 points) |
| 21 | Garden City Park | 15.1% (±4.6 points) |
| 22 | Glenwood Landing | 14.6% (±6.5 points) |
| 23 | Hicksville | 14.5% (±2.7 points) |
| 24 | Locust Valley | 13.9% (±6.0 points) |
| 25 | University Gardens | 13.5% (±5.4 points) |
| 26 | Baldwin (community) | 13.4% (±3.0 points) |
| 27 | Woodbury (community) | 12.8% (±3.0 points) |
| 28 | Bellerose Terrace | 11.4% (±9.0 points) |
| 29 | Roslyn Heights | 10.8% (±5.8 points) |
| 30 (tie) | East Meadow | 10.5% (±2.1 points) |
Showing 13 of 62 places in Nassau County, ranked from highest to lowest.
Locust Valley is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
It lies inside the Town of Oyster Bay, whose figures include it.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Locust Valley
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Questions about Locust Valley
How many renters are there in Locust Valley?
Locust Valley has an estimated 172 (±79) renting households, 13.9% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Locust Valley?
In Locust Valley, the share of households that rent went from 28.0% in 2015–2019 to 13.9% in 2020–2024 (−14.1 percentage points), a measurable decrease.
How big are renting households in Locust Valley?
A renting household in Locust Valley has 2.4 people on average, against 3.5 in an owned home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Locust Valley CDP, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Locust Valley CDP, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Locust Valley CDP, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Locust Valley CDP, New York
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Locust Valley CDP, New York (place:43192, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Locust Valley at a glance
- Median rent in Locust Valley
- Rent burden in Locust Valley
- Income and affordability in Locust Valley
- Home values in Locust Valley
- Homeowner costs in Locust Valley
- Property taxes in Locust Valley
- Types of homes in Locust Valley
- Bedrooms in Locust Valley
- Age of homes in Locust Valley
- Heating fuel in Locust Valley
- Commute and cars in Locust Valley
- Population growth in Locust Valley
- Crowding and facilities in Locust Valley
- New York landlord and tenant rules
- Housing across Nassau County
- New York places ranked by share of renters
- Housing data for every place in New York