What percentage of people rent in Waymart, PA?
47.3% (±10.0 points) of the occupied homes in Waymart, PA are rented (2020–2024 American Community Survey).
That is 215 renting households against 240 that own their home.
In Waymart, the share of households that rent went from 32.6% in 2015–2019 to 47.3% in 2020–2024 (+14.7 percentage points), a measurable increase.
Figures last updated on .
- Households that rent
- 47.3% (±10.0 points)
- Renting households
- 215 (±73)
- Median renter income
- $31,250 (±$6,897)
Who rents and who owns in Waymart
| Waymart | Wayne County | Pennsylvania | United States | |
|---|---|---|---|---|
| Renter-occupied share | 47.3% (±10.0 points) | 19.5% (±1.5 points) | 30.7% (±0.2 points) | 34.8% |
| Renting households | 215 (±73) | 4,066 (±355) | 1,617,882 (±10,181) | 45,017,354 |
| Owning households | 240 (±59) | 16,811 (±409) | 3,656,971 (±15,249) | 84,210,142 |
| Average renter household size | 2.0 (±0.4) | 2.2 (±0.2) | 2.1 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.3) | 2.3 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $31,250 (±$6,897) | $39,028 (±$6,817) | $47,506 (±$425) | $52,966 |
| Median owner household income | $71,875 (±$12,654) | $71,462 (±$4,209) | $95,990 (±$362) | $100,009 |
In Waymart, the renter share is higher than in Wayne County (19.5%).
It is also higher than in Pennsylvania (30.7%).
It is higher than the national figure (34.8%).
In Wayne County, Waymart ranks 3 of 28 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 182 of 2,557.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Waymart has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 32.6% (±7.6 points) | 47.3% (±10.0 points) | +14.7 percentage points | Measurable increase |
| Median gross rent | $729 (±$95) | $831 (±$387) | +14.0% | No measurable change after inflation |
| Median household income | $57,946 (±$8,286) | $51,544 (±$10,926) | −11.0% | Down 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 Waymart
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Waymart | — | 47.3% (±10.0 points) | — |
| Canaan Township | 1.4 mi | 25.1% (±9.0 points) | Lower |
| Clinton Township (Wayne County) | 3.9 mi | 8.2% (±5.1 points) | Lower |
| Simpson | 4.0 mi | 25.9% (±8.5 points) | Lower |
| Prompton | 4.1 mi | 25.8% (±18.1 points) | Lower |
| Vandling | 4.6 mi | 26.9% (±10.8 points) | Lower |
| South Canaan Township | 5.0 mi | 20.4% (±6.8 points) | Lower |
| Carbondale | 5.3 mi | 48.8% (±6.5 points) | Not measurably different |
| Fell Township | 5.4 mi | 17.8% (±5.8 points) | Lower |
Nearby places with a measurably lower figure: Canaan Township, PA (25.1%), Clinton Township (Wayne County), PA (8.2%), Simpson, PA (25.9%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Wayne County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Hawley | 52.0% (±9.0 points) |
| 2 | Honesdale | 48.3% (±9.3 points) |
| 3 | Waymart | 47.3% (±10.0 points) |
| 4 | Prompton | 25.8% (±18.1 points) |
| 5 | Dreher Township | 25.4% (±9.9 points) |
| 6 | Canaan Township | 25.1% (±9.0 points) |
| 7 | Cherry Ridge Township | 21.9% (±10.5 points) |
| 8 | Salem Township (Wayne County) | 20.9% (±9.1 points) |
| 9 | South Canaan Township | 20.4% (±6.8 points) |
Showing 9 of 28 places in Wayne County, ranked from highest to lowest.
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 Waymart
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Questions about Waymart
How many renters are there in Waymart?
Waymart has an estimated 215 (±73) renting households, 47.3% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Waymart?
In Waymart, the share of households that rent went from 32.6% in 2015–2019 to 47.3% in 2020–2024 (+14.7 percentage points), a measurable increase.
How big are renting households in Waymart?
A renting household in Waymart has 2.0 people on average, against 2.5 in an owned home.
How much do renters earn in Waymart?
The median renting household in Waymart, PA has an income of $31,250 (±$6,897) a year, against $71,875 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Waymart borough, Pennsylvania
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Waymart borough, Pennsylvania
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Waymart borough, Pennsylvania
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Waymart borough, Pennsylvania
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Waymart borough, Pennsylvania
- 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 Waymart borough, Pennsylvania (place:81712, in state:42).
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
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- Population growth in Waymart
- How long people stay in Waymart
- Pennsylvania landlord and tenant rules
- Housing across Wayne County
- Pennsylvania places ranked by share of renters
- Housing data for every place in Pennsylvania