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
| Patrick Springs | Patrick County | Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 37.2% (±15.1 points) | 23.1% (±3.8 points) | 32.7% (±0.3 points) | 34.8% |
| Renting households | 409 (±205) | 1,796 (±312) | 1,099,123 (±8,702) | 45,017,354 |
| Owning households | 689 (±221) | 5,985 (±383) | 2,266,609 (±13,049) | 84,210,142 |
| Average renter household size | 1.5 (±0.4) | 1.8 (±0.2) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±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 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 19.5% (±8.1 points) | 37.2% (±15.1 points) | +17.7 percentage points | Measurable 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
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Patrick Springs | — | 37.2% (±15.1 points) | — |
| Stuart | 3.9 mi | 48.0% (±11.0 points) | Not measurably different |
| Horse Pasture | 14 mi | 15.2% (±8.2 points) | Lower |
| Bassett | 15 mi | 26.9% (±15.8 points) | Not measurably different |
| Danbury | 15 mi | 7.5% (±10.9 points) | Lower |
| Stanleytown | 16 mi | 34.1% (±18.7 points) | Not measurably different |
| Collinsville | 17 mi | 43.2% (±7.4 points) | Not measurably different |
| Martinsville | 19 mi | 44.6% (±4.6 points) | Not measurably different |
| Ridgeway | 19 mi | 18.1% (±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.
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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
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Patrick Springs CDP, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Patrick Springs CDP, Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Patrick Springs CDP, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Patrick Springs CDP, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Patrick Springs CDP, Virginia
- 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 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.
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 Patrick Springs at a glance
- Median rent in Patrick Springs
- Rent by bedrooms in Patrick Springs
- Income and affordability in Patrick Springs
- Home values in Patrick Springs
- Homeowner costs in Patrick Springs
- Property taxes in Patrick Springs
- Types of homes in Patrick Springs
- Bedrooms in Patrick Springs
- Age of homes in Patrick Springs
- Heating fuel in Patrick Springs
- Commute and cars in Patrick Springs
- Population growth in Patrick Springs
- Virginia landlord and tenant rules
- Housing across Patrick County
- Virginia places ranked by share of renters
- Housing data for every place in Virginia