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Rental Insights for ZIP Code 12553 (New Windsor, NY)

Housing Rentals in ZIP Code 12553 (New Windsor, NY)

12553 ZIP Code in New York

Information for Renters in ZIP Code 12553

ZIP Code 12553 is predominantly located in New Windsor, NY in Orange County. This New York region has a median housing rent payment of $1,294 per month. About 28.7% of total housing units in this Orange County ZIP Code are occupied by renters, while the estimated rental vacancy rate is 3.2%.

The median rent in ZIP Code 12553 of $1,294 per month is 1% higher than the aggregate New York median monthly rent of $1,280, and is 22% higher than the $1,062 the median monthly rent in the U.S. overall. About 50.4% of renters in ZIP Code 12553 pay between $1,000 and $1,499 per month for housing. That is 84% 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 2.4% of ZIP Code 12553 renters pay between $2,500 and $2,999 for monthly rent.

ZIP Code 12553 Rental FAQs and Quick Facts

Monthly Rent in ZIP Code 12553

See the chart below for a comparison of monthly rental costs in ZIP Code 12553, New York, and also in the U.S. as a whole.

This chart visualizes housing rental cost ranges in ZIP Code 12553 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 12553

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

Cost ZIP 12553 New York U.S.
Less than $500 0.0% 10.6% 9.4%
$500 to $999 19.5% 23.6% 36.2%
$1,000 to $1,499 50.4% 27.4% 30.0%
$1,500 to $1,999 23.6% 18.9% 14.0%
$2,000 to $2,499 4.2% 9.1% 5.6%
$2,500 to $2,999 2.4% 4.4% 2.4%
$3,000 or more 0.0% 6.0% 2.4%

Rent Cost vs. Income in ZIP Code 12553

Renters in ZIP Code 12553 use an estimated 31.13% of their income to cover their monthly rent payments. That is about 3% higher 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 12553 renters use about 4% more of their income to cover rent expense. Household income figures for ZIP Code 12553 come in higher than in New York as a whole. The median annual household income in ZIP Code 12553 of $81,709 sits approximately 19% higher than the overall New York median income of $68,486 and approximately 30% higher than median income of $62,843 in the U.S. as a whole.

Rent as a Percentage of Income in ZIP Code 12553

See the chart below for a comparison of monthly rent cost vs. household income in ZIP Code 12553, 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 12553 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 12553

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

Rent Cost as % of Income ZIP 12553 New York U.S.
Less than 15.0 percent 11.9% 13.9% 13.1%
15.0 to 19.9 percent 13.0% 11.6% 12.9%
20.0 to 24.9 percent 11.0% 11.6% 12.9%
25.0 to 29.9 percent 8.4% 10.7% 11.6%
30.0 to 34.9 percent 7.9% 9.1% 9.1%
35.0 percent or more 47.8% 43.1% 40.5%

Household Income in ZIP Code 12553

See the table below for the regional comparison of annual household income in ZIP Code 12553.

Income ZIP 12553 New York U.S.
Less than $10,000 3.8% 6.6% 6.0%
$10,000 to $14,999 2.7% 4.8% 4.3%
$15,000 to $24,999 5.9% 8.5% 8.9%
$25,000 to $34,999 9.2% 7.9% 8.9%
$35,000 to $49,999 10.0% 10.6% 12.3%
$50,000 to $74,999 15.1% 15.2% 17.2%
$75,000 to $99,999 12.3% 12.0% 12.7%
$100,000 to $149,999 19.2% 15.7% 15.1%
$150,000 to $199,999 11.5% 8.1% 6.8%
$200,000 or more 10.2% 10.7% 7.7%

Household Income in ZIP Code 12553

See the chart below for a comparison of annual household income figures in ZIP Code 12553, New York, and also in the U.S. overall.

This chart visualizes annual household income in ZIP Code 12553 alongside the same figures for the state of New York and also for the entire U.S.

Miscellaneous Related Stats on ZIP Code 12553

See the table below for the regional comparison of miscellaneous data and information related to housing, rentals, and income in ZIP Code 12553.

ZIP 12553 New York U.S.
Median Housing Rent $1,294 $1,280 $1,062
Renter-Occupied Housing Units 28.7% 46.1% 36.0%
Rental Vacancy Rate 3.2% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.32 2.41 2.49
Average # of Bedrooms Per Unit 2.75 2.48 2.75
Percent of Income Spent on Rent 31.13% 30.25% 29.83%
Per Capita Income $38,471 $39,326 $34,103
Median Household Income $103,033 $101,945 $88,607
Living Below the Poverty Line 3.7% 10.4% 9.5%

Summary of Rental-related Data and Stats for ZIP Code 12553

In ZIP Code 12553 (New Windsor, NY), and estimated 28.7% of housing units are occupied by renters. This region has an approximate rental vacany rate of 3.2%.

The per capita income in 12553 is estimated at $38,471, which goes along with an estimated median household income of $103,033. About 3.7% of residents in this Orange County region live below the poverty line.

Among renter-occupied units in this ZIP, the average occupancy is 2.32 occupants, while the units have an aggregate average size of 2.75 bedrooms per unit.

Renters in this ZIP-defined region spend an average of 31.13% of their income on housing rental costs.

Rental FAQs for ZIP Code 12553

1

What is the median monthly rent in ZIP Code 12553?

Median rent for housing in ZIP Code 12553 in Orange County in New York is approximately $1,294 per month.
2

Is it expensive to rent in ZIP Code 12553?

Rent in ZIP Code 12553 is higher than average in the state of New York overall. The median monthly rent of $1,294 in ZIP Code 12553 is approximately 1% higher than the New York median of $1,280. Additionally, median rent in this New Windsor, NY region ($1,294) is about 22% higher than median monthly rent cost of $1,062 in the U.S. overall.
3

Are high-priced rentals common in ZIP Code 12553?

High-priced rentals are not common in the New Windsor, NY ZIP Code of 12553, 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 12553?

Affordable rentals are less common in ZIP Code 12553 than in New York overall. The percentage of housing rentals in ZIP Code 12553 costing $999 or less per month (19.5%) is approximately 43% 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 57% higher than the previously mentioned 12553 rate of 19.5%.
5

What is the most common cost range that rentals fall into in ZIP Code 12553?

The most common range for rental cost in ZIP Code 12553 is between $1,000 and $1,499 per month. About 50.4% of renters in 12553 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 12553 have a high rental vacancy rate?

The rental vacancy rate in ZIP Code 12553 is lower than the rental vacancy rate in the state of New York overall. Rental vacancy of 3.2% in ZIP Code 12553 is about 24% lower than the New York rate of 4.2%. Looking more broadly, rental vacancy in this New Windsor, NY region (3.2%) is an estimated 47% 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 12553? How does it compare to other New York regions?

Median household income in ZIP Code 12553 is higher than in the state of New York overall. Annual household income of $81,709 in ZIP Code 12553 is about 19% higher than the New York median of $68,486. Additionally, median household income in this New Windsor, NY region ($81,709) is approximately 30% 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 12553 spend on housing costs?

Renters in ZIP Code 12553 spend a higher amount of their income on rent costs than do renters in New York overall. Renters in ZIP Code 12553 spend an estimated 31.13% of their income on rent payments, which is about 3% higher 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 4% lower than the ZIP Code 12553 estimated rate of 31.13%.
9

Do renters in ZIP Code 12553 typically spend a large portion of their income on rent payments?

It is common for renters in ZIP Code 12553 to spend a large portion of their income on monthly housing. The percentage of renters in ZIP Code 12553 spending 30 percent or more of their income on rent costs (55.7%) is approximately 7% higher 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 12% lower than the aforementioned 12553 rate of 55.7%.
10

What is the average household size of renter-occupied units in ZIP Code 12553?

The average household size of renter-occupied units in ZIP Code 12553 is lower than in the state of New York overall. Annual household size of 2.32 in ZIP Code 12553 is about 4% lower than the New York median of 2.41. Additionally, median household size in this New Windsor, NY region (2.32) is approximately 7% lower than median household size of 2.49 in the U.S. as a whole.

Rental Insights for other New York ZIP Codes