What percentage of people rent in Patrick Springs, VA?

37.2% (±15.1 points) of the occupied homes in Patrick Springs, VA are rented (2020–2024 American Community Survey).

That is 409 renting households against 689 that own their home.

In Patrick Springs, the share of households that rent went from 19.5% in 2015–2019 to 37.2% in 2020–2024 (+17.7 percentage points), a measurable increase.

Figures last updated on .

Households that rent
37.2% (±15.1 points)
Renting households
409 (±205)
Median renter income
$54,083 (±$31,745)

Who rents and who owns in Patrick Springs

Tenure, estimate (90% margin of error)
Patrick SpringsPatrick CountyVirginiaUnited States
Renter-occupied share37.2% (±15.1 points)23.1% (±3.8 points)32.7% (±0.3 points)34.8%
Renting households409 (±205)1,796 (±312)1,099,123 (±8,702)45,017,354
Owning households689 (±221)5,985 (±383)2,266,609 (±13,049)84,210,142
Average renter household size1.5 (±0.4)1.8 (±0.2)2.3 (±0.0)2.3
Average owner household size2.3 (±0.4)2.3 (±0.1)2.6 (±0.0)2.6
Median renter household income$54,083 (±$31,745)$35,093 (±$4,514)$60,343 (±$529)$52,966
Median owner household income$68,162 (±$28,832)$64,986 (±$6,719)$114,147 (±$479)$100,009

In Patrick Springs, the renter share is not measurably different from Patrick County (23.1%).

It is not measurably different from Virginia (32.7%).

It is not measurably different from the national figure (34.8%).

Statewide, it ranks 165 of 464.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How renting in Patrick Springs has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Households that rent19.5% (±8.1 points)37.2% (±15.1 points)+17.7 percentage pointsMeasurable increase
Median gross rent$562 (±$124)$765 (±$61)+36.1%No measurable change after inflation
Median household income$45,786 (±$3,410)$63,304 (±$20,659)+38.3%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 Patrick Springs

Nearest places with a published estimate, compared with Patrick Springs
PlaceDistanceHouseholds that rentCompared with this place
Patrick Springs—37.2% (±15.1 points)—
Stuart3.9 mi48.0% (±11.0 points)Not measurably different
Horse Pasture14 mi15.2% (±8.2 points)Lower
Bassett15 mi26.9% (±15.8 points)Not measurably different
Danbury15 mi7.5% (±10.9 points)Lower
Stanleytown16 mi34.1% (±18.7 points)Not measurably different
Collinsville17 mi43.2% (±7.4 points)Not measurably different
Martinsville19 mi44.6% (±4.6 points)Not measurably different
Ridgeway19 mi18.1% (±8.1 points)Lower

Nearby places with a measurably lower figure: Horse Pasture, VA (15.2%), Danbury, NC (7.5%), Ridgeway, VA (18.1%).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Patrick Springs is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.

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 Patrick Springs

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Questions about Patrick Springs

How many renters are there in Patrick Springs?

Patrick Springs has an estimated 409 (±205) renting households, 37.2% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Patrick Springs?

In Patrick Springs, the share of households that rent went from 19.5% in 2015–2019 to 37.2% in 2020–2024 (+17.7 percentage points), a measurable increase.

How big are renting households in Patrick Springs?

A renting household in Patrick Springs has 1.5 people on average, against 2.3 in an owned home.

How much do renters earn in Patrick Springs?

The median renting household in Patrick Springs, VA has an income of $54,083 (±$31,745) a year, against $68,162 for households that own their home.

Sources

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 Patrick Springs CDP, Virginia (place:60984, in state:51).

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.

Request a Census API 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 .

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