What percentage of people rent in the Town of Newark Valley, NY?
13.7% (±5.0 points) of the occupied homes in the Town of Newark Valley, NY are rented (2020–2024 American Community Survey).
That is 194 renting households against 1,222 that own their home.
In the Town of Newark Valley, the share of households that rent went from 17.6% in 2015–2019 to 13.7% in 2020–2024 (−3.9 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 13.7% (±5.0 points)
- Renting households
- 194 (±74)
- Median renter income
- $31,406 (±$7,501)
Who rents and who owns in the Town of Newark Valley
| Town of Newark Valley | Tioga County | New York | United States | |
|---|---|---|---|---|
| Renter-occupied share | 13.7% (±5.0 points) | 20.9% (±2.1 points) | 45.7% (±0.2 points) | 34.8% |
| Renting households | 194 (±74) | 4,256 (±438) | 3,525,661 (±12,362) | 45,017,354 |
| Owning households | 1,222 (±96) | 16,091 (±472) | 4,196,985 (±19,607) | 84,210,142 |
| Average renter household size | 2.2 (±0.6) | 2.1 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.6 (±0.2) | 2.4 (±0.1) | 2.7 (±0.0) | 2.6 |
| Median renter household income | $31,406 (±$7,501) | $38,348 (±$4,569) | $57,803 (±$395) | $52,966 |
| Median owner household income | $89,211 (±$18,427) | $83,800 (±$2,205) | $114,563 (±$568) | $100,009 |
In the Town of Newark Valley, the renter share is lower than in Tioga County (20.9%).
It is also lower than in New York (45.7%).
It is lower than the national figure (34.8%).
In Tioga County, the Town of Newark Valley ranks 7 of 9 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 686 of 1,004.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in the Town of Newark Valley has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 17.6% (±5.7 points) | 13.7% (±5.0 points) | −3.9 percentage points | Not a measurable change |
| Median gross rent | $661 (±$50) | $821 (±$149) | +24.2% | No measurable change after inflation |
| Median household income | $72,426 (±$12,134) | $80,938 (±$7,503) | +11.8% | 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 the Town of Newark Valley
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Town of Newark Valley | — | 13.7% (±5.0 points) | — |
| Village of Newark Valley | 1.4 mi | 21.3% (±7.3 points) | Not measurably different |
| Town of Berkshire | 4.3 mi | 16.3% (±5.2 points) | Not measurably different |
| Town of Candor | 7.8 mi | 25.1% (±6.7 points) | Higher |
| Town of Nanticoke | 7.8 mi | 23.0% (±8.9 points) | Not measurably different |
| Town of Maine | 8.0 mi | 14.7% (±8.4 points) | Not measurably different |
| Village of Candor | 8.8 mi | 53.3% (±13.1 points) | Higher |
| Town of Richford | 9.8 mi | 6.9% (±2.9 points) | Lower |
| Town of Union | 10 mi | 41.1% (±1.9 points) | Higher |
Nearby places with a measurably lower figure: Town of Richford, NY (6.9%).
Nearby places with a measurably higher figure: Town of Candor, NY (25.1%), Village of Candor, NY (53.3%), Town of Union, NY (41.1%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Tioga County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Town of Barton | 25.9% (±5.4 points) |
| 2 | Town of Candor | 25.1% (±6.7 points) |
| 3 | Town of Spencer | 23.7% (±6.1 points) |
| 4 (tie) | Town of Nichols | 21.2% (±9.0 points) |
| 4 (tie) | Town of Owego | 21.2% (±2.7 points) |
| 6 | Town of Berkshire | 16.3% (±5.2 points) |
| 7 | Town of Newark Valley | 13.7% (±5.0 points) |
| 8 | Town of Tioga | 12.4% (±7.4 points) |
| 9 | Town of Richford | 6.9% (±2.9 points) |
A New York town includes the villages and hamlets inside it, so the figures for the Town of Newark Valley include them.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Town of Newark Valley
How many renters are there in the Town of Newark Valley?
The Town of Newark Valley has an estimated 194 (±74) renting households, 13.7% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in the Town of Newark Valley?
In the Town of Newark Valley, the share of households that rent went from 17.6% in 2015–2019 to 13.7% in 2020–2024 (−3.9 percentage points), not a measurable change.
How big are renting households in the Town of Newark Valley?
A renting household in the Town of Newark Valley has 2.2 people on average, against 2.6 in an owned home.
How much do renters earn in the Town of Newark Valley?
The median renting household in the Town of Newark Valley, NY has an income of $31,406 (±$7,501) a year, against $89,211 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Newark Valley town, Tioga County, New York
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Newark Valley town, Tioga County, New York
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Newark Valley town, Tioga County, New York
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Newark Valley town, Tioga County, New York
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Newark Valley town, Tioga County, 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 Newark Valley town, Tioga County, New York (county subdivision:49913, in state:36 county:107).
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 the Town of Newark Valley at a glance
- Median rent in the Town of Newark Valley
- Income and affordability in the Town of Newark Valley
- Home values in the Town of Newark Valley
- Homeowner costs in the Town of Newark Valley
- Property taxes in the Town of Newark Valley
- Types of homes in the Town of Newark Valley
- Bedrooms in the Town of Newark Valley
- Age of homes in the Town of Newark Valley
- Heating fuel in the Town of Newark Valley
- Commute and cars in the Town of Newark Valley
- Population growth in the Town of Newark Valley
- How long people stay in the Town of Newark Valley
- New York landlord and tenant rules
- Housing across Tioga County
- New York places ranked by share of renters
- Housing data for every place in New York