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Rental Insights for ZIP Code 12531 (Holmes, NY)

Housing Rentals in ZIP Code 12531 (Holmes, NY)

12531 ZIP Code in New York

Information for Renters in ZIP Code 12531

ZIP Code 12531 is predominantly located in Holmes, NY in Dutchess County. This New York region has a median housing rent payment of $1,528 per month. About 18.9% of total housing units in this Dutchess County ZIP Code are occupied by renters, while the estimated rental vacancy rate is zero.

The median rent in ZIP Code 12531 of $1,528 per month is 19% higher than the aggregate New York median monthly rent of $1,280, and is 44% higher than the $1,062 the median monthly rent in the U.S. overall. An estimated 40.5% of renters in ZIP Code 12531 pay between $1,000 and $1,499 per month for housing. That is 48% higher than in New York overall, in which 27.4% of total state residents pay between $1,000 and $1,499 per month for housing. Just 4.4% of ZIP Code 12531 renters pay between $1,500 and $1,999 for monthly rent.

ZIP Code 12531 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 12531

See the chart below for a comparison of monthly rental costs in ZIP Code 12531, New York, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 12531 along with those in the state of New York and the U.S. overall. For example, what percentage of renters pay between $1,000 and $1,499 monthly.

Rental Cost in ZIP Code 12531

See the table below for the regional comparison of monthly rental costs.

Cost ZIP 12531 New York U.S.
Less than $500 0.0% 10.6% 9.4%
$500 to $999 9.3% 23.6% 36.2%
$1,000 to $1,499 40.5% 27.4% 30.0%
$1,500 to $1,999 4.4% 18.9% 14.0%
$2,000 to $2,499 6.8% 9.1% 5.6%
$2,500 to $2,999 39.0% 4.4% 2.4%
$3,000 or more 0.0% 6.0% 2.4%

Rent Cost vs. Income in ZIP Code 12531

Renters in ZIP Code 12531 use an estimated 30.13% of their income to cover their monthly rent payments. That is about 0% lower than in New York overall. The estimate for New York overall is 30.25% of income used for housing rent payments. In comparison to the U.S. as a whole, ZIP Code 12531 renters use about 1% more of their income to cover rent expense. Household income figures for ZIP Code 12531 come in higher than in New York as a whole. The median annual household income in ZIP Code 12531 of $117,478 sits approximately 72% higher than the overall New York median income of $68,486 and approximately 87% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 12531

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 12531, New York, and also in the U.S. as a whole.

This chart visualizes monthly rent cost as a percentage of household income in ZIP Code 12531 along with the same calculations in the state of New York and the U.S. overall. For example, what percentage of renters pay 15.0 to 19.9 percent of the monthly household income toward rent.

Rent as a Percentage of Income in ZIP Code 12531

See the table below for the regional comparison of monthly rent as a percentage of household income.

Rent Cost as % of Income ZIP 12531 New York U.S.
Less than 15.0 percent 0.0% 13.9% 13.1%
15.0 to 19.9 percent 3.4% 11.6% 12.9%
20.0 to 24.9 percent 4.4% 11.6% 12.9%
25.0 to 29.9 percent 57.6% 10.7% 11.6%
30.0 to 34.9 percent 20.0% 9.1% 9.1%
35.0 percent or more 14.6% 43.1% 40.5%

Household Income in ZIP Code 12531

See the table below for the regional comparison of annual household income in ZIP Code 12531.

Income ZIP 12531 New York U.S.
Less than $10,000 1.1% 6.6% 6.0%
$10,000 to $14,999 2.0% 4.8% 4.3%
$15,000 to $24,999 2.9% 8.5% 8.9%
$25,000 to $34,999 5.5% 7.9% 8.9%
$35,000 to $49,999 10.8% 10.6% 12.3%
$50,000 to $74,999 14.0% 15.2% 17.2%
$75,000 to $99,999 4.4% 12.0% 12.7%
$100,000 to $149,999 21.4% 15.7% 15.1%
$150,000 to $199,999 17.0% 8.1% 6.8%
$200,000 or more 21.0% 10.7% 7.7%

Household Income in ZIP Code 12531

See the chart below for a comparison of annual household income figures in ZIP Code 12531, New York, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 12531 alongside the same figures for the state of New York and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 12531

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 12531.

ZIP 12531 New York U.S.
Median Housing Rent $1,528 $1,280 $1,062
Renter-Occupied Housing Units 18.9% 46.1% 36.0%
Rental Vacancy Rate 0.0% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.14 2.41 2.49
Average # of Bedrooms Per Unit 2.82 2.48 2.75
Percent of Income Spent on Rent 30.13% 30.25% 29.83%
Per Capita Income $50,316 $39,326 $34,103
Median Household Income $141,067 $101,945 $88,607
Living Below the Poverty Line 0.0% 10.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 12531

In ZIP Code 12531 (Holmes, NY), and estimated 18.9% of housing units are occupied by renters. This region has an approximate rental vacany rate of 0.0%.

The per capita income in 12531 is estimated at $50,316, which goes along with an estimated median household income of $141,067. About 0.0% of residents in this Dutchess County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.14 occupants, while the units have an aggregate average size of 2.82 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 30.13% of their income on housing rental costs.

Rental FAQs for ZIP Code 12531

1

What is the median monthly rent in ZIP Code 12531?

Median rent for housing in ZIP Code 12531 in Dutchess County in New York is approximately $1,528 per month.
2

Is it expensive to rent in ZIP Code 12531?

Rent in ZIP Code 12531 is higher than average in the state of New York overall. The median monthly rent of $1,528 in ZIP Code 12531 is approximately 19% higher than the New York median of $1,280. Additionally, median rent in this Holmes, NY region ($1,528) is about 44% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 12531?

High-priced rentals are not common in the Holmes, NY ZIP Code of 12531, as the region has no rentals costing $3,000 or more per month. In contrast, in the state of New York overall, approximately 6.0% of rentals fall in this upper tier of $3,000 or more per month.
4

Are affordable rentals common in ZIP Code 12531?

Affordable rentals are less common in ZIP Code 12531 than in New York overall. The percentage of housing rentals in ZIP Code 12531 costing $999 or less per month (9.3%) is approximately 73% lower than the New York rate of 34.2% that fall in that range. In addition, the aggregate U.S. rate of 45.6% paying $999 or less per month is about 80% higher than the previously mentioned 12531 rate of 9.3%.
5

What is the most common cost range that rentals fall into in ZIP Code 12531?

The most common range for rental cost in ZIP Code 12531 is between $1,000 and $1,499 per month. About 40.5% of renters in 12531 pay in this range for monthly rent. In comparison, approximately 27.4% of renters in the state of New York fall in the between $1,000 and $1,499 range, and 30.0% of overall U.S. renters fall in this range.
6

Does ZIP Code 12531 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 12531 is lower than the rental vacancy rate in the state of New York overall. Rental vacancy of 0.0% in ZIP Code 12531 is about 100% lower than the New York rate of 4.2%. Looking more broadly, rental vacancy in this Holmes, NY region (0.0%) is an estimated 100% lower than the estimated rental vacancy rate of 6.0% in the U.S. overall.
7

What is the average household income in ZIP Code 12531? How does it compare to other New York regions?

Median household income in ZIP Code 12531 is higher than in the state of New York overall. Annual household income of $117,478 in ZIP Code 12531 is about 72% higher than the New York median of $68,486. Additionally, median household income in this Holmes, NY region ($117,478) is approximately 87% higher than median household income of $62,843 in the U.S. as a whole.
8

How much of their income do renters in ZIP Code 12531 spend on housing costs?

Renters in ZIP Code 12531 spend a lower amount of their income on rent costs than do renters in New York overall. Renters in ZIP Code 12531 spend an estimated 30.13% of their income on rent payments, which is about 0% lower than the overall New York estimated rate of 30.25%. In addition, the aggregate U.S. estimated rate of 29.83% of income spent on housing rental costs is about 1% lower than the ZIP Code 12531 estimated rate of 30.13%.
9

Do renters in ZIP Code 12531 typically spend a large portion of their income on rent payments?

It is uncommon for renters in ZIP Code 12531 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 12531 spending 30 percent or more of their income on rent costs (34.6%) is approximately 34% lower than the New York rate of 52.2% that spend that much. In addition, the overall U.S. rate of 49.6% paying 30 percent or more of their income on rent costs is about 30% higher than the aforementioned 12531 rate of 34.6%.
10

What is the average household size of renter-occupied units in ZIP Code 12531?

The average household size of renter-occupied units in ZIP Code 12531 is lower than in the state of New York overall. Annual household size of 2.14 in ZIP Code 12531 is about 11% lower than the New York median of 2.41. Additionally, median household size in this Holmes, NY region (2.14) is approximately 14% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other New York ZIP Codes