Ulster County Rental Housing Survey

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UlsterCountyRentalHousingSurvey2020Ulster CountyPlanning Department

2020 ULSTER COUNTY RENTAL HOUSING SURVEY2020Ulster CountyRental Housing SurveyThank you to all of our Ulster Countyapartment owners and managersfor your participation in the survey.We could not do this without you!Ulster County Planning Department244 Fair St.PO Box 1800Kingston, NY 12402(845) 340-3340ulstercountyny.gov/planningJune 2021Report prepared byBurt Samuelson0

2020 ULSTER COUNTY RENTAL HOUSING SURVEYAbstract The 2020 Rental Housing Survey was sent to 246 owners/managers. There were 95responses for an overall response rate of 38.62%, representing 2,759 units. For Non-Subsidized Housing, the response rate was 29.05% with surveys completedfor 61 properties in a sample of 210. A total of 886 units were part of the Survey fromthese 61 properties. For Subsidized Housing, the response rate was 94.44% with surveys completed for 34properties in a sample of 36. These 31 properties have 1,873 units. Using the HUD definition of cost-burdened families i.e. housing expenses of 30% ofhousehold income or more, the yearly income required to support the Average Rent forNon-Subsidized Housing in 2020 without being a cost burdened is:Studio1-BR2-BR3-BR 28,760 44,640 57,560 58,840 The vacancy rate, as surveyed, for Non-Subsidized Housing in 2020 is 1.81% with 16of 886 units vacant. The vacancy rate in 2019 was 3.51%. This 2020 Rental Housing Survey collected data for 2,939 units, including 180 units inthe Advertised Rental Housing sample. Below are the average aggregate rents for Ulster County from 2016 to 2020. Thismetric combines market-rate rents for studio, one-bedroom, two-bedroom and threebedroom and calculates their average for each year. This is meant to give readers ageneral sense of whether renting a home is getting more expensive, cheaper orcosting about the same.AggregateAverage Rentby Year2020 1,2652019 1,1402018 1,0632017 1,0492016 9891

2020 ULSTER COUNTY RENTAL HOUSING SURVEYIntroductionThis report presents fundamental information about Ulster County’s rental housing market. It includesinformation on supply, cost and affordability. Three categories of housing units are included: NonSubsidized Housing, Advertised Rental Housing and Subsidized Housing. The 2010 U.S.Decennial Census had 48,189 or 26.4% of the County’s population living in rental housing. More than aquarter of our county's population lives in rental housing.MethodologyNon-Subsidized Housing information is derived from responses to the Ulster County Rental HousingSurvey Questionnaire. The questionnaire asks for the following information: Number of units by size ( # bedrooms)Monthly rent for each apartment sizeUtilities included in the rentNumber of vacancies in eachIf waiting list was kept and if not, why?Number/type of units set aside for seniors/disabledThe number of questionnaires sent has varied each year as the survey evolved. It began with 32 andgrew to as many as 354 in 2015. For the 2020 Survey, 210 questionnaires for market-rate rentals weresent to landlords or property managers who could complete these questionnaires or have Ulster CountyPlanning Department staff complete them using information submitted via phone or email.Attention has been paid to receive responses from municipalities that have been under-represented inprevious years. Our goal is to correlate the percentage of units in the survey sample for each municipalitywith the corresponding percentage of actual rental units to make the Survey a true representative samplefor the entire county. As we are dependent on the voluntary cooperation of our landlords and propertymanagers, it doesn’t always come out perfectly. In addition, the Survey has consistently reached out tomajor housing complexes in each municipality.For 2020, the overall response rate was 38.62% with 95 properties responding out of a sample size of246, which was lower than the 2019 response rate of 40.24%. The sample size in 2019 was larger at251, with 101 properties responding to the Rental Housing Survey.RUPCO’s Ulster County Apartment Listings supplies data for the Advertised Rental Housing portionof this report. Ulster Publishing’s hudsonvalleyone.com and the print edition of the Kingston Times(Almanac Weekly) along with Craigslist.org are also sources of data for Advertised Rental Housing.Ulster County Apartment Listings provide the following information for each rental unit: Building type (1-Family, Mobile Home, Apt.)Number of bedroomsRental amountInventory of utilities included in the rent LocationPhone number of contact personDate availableSource (ad, phone call)Ulster County Planning Department staff collected data from various print and online resources. See page9 for more details. All data were screened for duplicates.2

2020 ULSTER COUNTY RENTAL HOUSING SURVEYSubsidized Housing data originates from responses to the Ulster County Rental Housing SurveyQuestionnaire and/or phone inquiries to update vacancy and waiting list data. Subsidized housingproviders are asked to provide the same information as the Non-Subsidized Housing Questionnaire withsome modification. As rental amounts for subsidized units are predicated on subsidy regulations, rentalamounts were not obtained. Instead, subsidized housing providers were asked “How is rent calculated?”and “What are the income limits, if any?” Additional information requested of subsidized housingproviders was: Target populations served (seniors, disabled, homeless, single parent)If waiting lists were kept because there was enough demandWho Rents in Ulster County?According to American Community Survey 2015 – 2019 Five-Year Estimates, renters in UlsterCounty comprise many different household types. The table below illustrates the numbers and types ofhouseholds of Ulster County renters.Renter Occupied Unitsby Household Type with Presence and Age of Own ChildrenAmerican Community Survey 2015-2019 Five-Year EstimatesFamily HouseholdsMarried-couple family9,6424,759with own children under 18 years old2,086not own children under 18 years old2,673Male householder, no spouse present1,438with own children under 18 years old876not own children under 18 years old562Female householder, no spouse present3,445with own children under 18 years old2,469not own children under 18 years oldNon-Family HouseholdsTotal Ulster County Renter HouseholdsTotal Ulster County Renter Persons97612,3572,19947,282Own children in a family are sons and daughters, including stepchildren and adopted children, of thehouseholder. Similarly, "own" children in a subfamily are sons and daughters of the married couple orparent in the subfamily. (All children shown as members of related subfamilies are own children of theperson(s) maintaining the subfamily.) For each type of family unit identified in the Current PopulationSurvey (a joint program of the U.S. Census Bureau and U.S. Bureau of Labor Statistics), the count of"own children under 18 years old" is limited to never-married children; however, "own children under 25"and "own children of any age," as the terms are used here, include all children regardless of maritalstatus. The counts include never-married children living away from home in college dormitories.3

2020 ULSTER COUNTY RENTAL HOUSING SURVEYComparisonThe chart below compares 2010 Census rental housing data with the 2020 Rental Survey sample.2010 Census Rental - 2020 Survey Sample Comparisonby MunicipalityCensus RentalUnits914Rental Survey Data% Rentals %Countyin Muni. itsTotal%Surveyin Survey ingston (C)Kingston %4.7%2751141465.0%New icipalities with the highest number of non-subsidized rental units sampled for the Survey are in theCity of Kingston, Lloyd and Saugerties (town and village). The City of Kingston and Lloyd also had themost advertised rentals sampled for the Survey.4

2020 ULSTER COUNTY RENTAL HOUSING SURVEYNon-Subsidized Housing2020 Non-Subsidized ApartmentsSample by Municipality / Unit SizeMunicipalityTotal UnitsEllenvilleEsopusGardinerHurleyKingston (C)LloydMarbletownMarlboroughNew 4302790088001265120716Total% of Total886Studio1 BR2 BR3 ed Housing unitsare rental housing units, regardless of the number of units in thestructure, which do not haverental rates based on incomeeligibility.For non-subsidized housing, atotal of 210 Surveys weredistributed with 61 responsesreceived for a response rate of29.05%. Numerous towns did nothave properties with responses,likely due to the pandemic.One- and two-bedroom unitscompose 89.2% of the responses.At 4.2%, the percentage ofstudios continued to decrease,going from 5.8% in 2019 and7.0% in the 2018 samples. Threebedroom units increased from6.6% last year to 6.7%.Non-Subsidized Apartments2020 Average and Median Rent by Municipality / Unit SizeStudiosAvgMedianMunicipality# UnitsEllenvilleEsopusGardinerHurleyKingston (C)LloydMarbletownMarlboroughNew 4302790088001265120716 683730 Ulster County886 719 Avg 1 BRMedian921 921Avg2 BRMedianAvg3 BRMedian 1,200 1,200 1,400 1,400 1,3201,0501,5501,750 1,498 1,550 1,622 1,550 675726 650750 1,053 925 1,235 1,022 725675 725675 847950 875950 1,161 1,665 1,100 1,700 1,475 2,000 1,475 2,300 794 825 921 900 1,127 1,078 1,404 1,500 705 693 1,166 570 900 1,095 550 900 1,455 1,575 1,130 1,200683730 803960 1,250 1,270 1,250 1,200 1,350 1,350725 1,116 1,115 1,439 1,550 1,471 1,4958039605 1,053 925 1,350 900 1,3201,0501,4181,601

2020 ULSTER COUNTY RENTAL HOUSING SURVEYNon-Subsidized ApartmentsAverage Rent Over TimeYear / Unit SizeStudio 192020% Chg. '19-'20% Chg. '16-'202020 Income Requiredw/out Rent Burden5275495625925676035646776887357137366627191 BR 7327527637797868217968878809009639331,0281,1162 BR ,4393 BR .0%30.5% 28,760 44,640 57,560 58,840Non-Subsidized ApartmentsMedian Rent Over TimeStudioYear / Unit 1820192020% Chg. '19-'20% Chg. '16-'202020 Income Requiredw/out Rent Burden 5505505505885656255656247007137507506507251 BR 7757757567807808507758788758789009001,1401,1152 BR 3001,5503 BR .8%31.1% 29,000 44,600 62,000 59,8006Two-bedroom units hadthe highest rent increasesin the Survey. The averagerent increased 11.2% from2019 to 2020, and 33.4%from 2016 to 2020. Themedian rent increased19.2% from 2019 to 2020and 47.9% from 2016 to2020. Two-bedroom unitshave seen increasedaverage rents in the lastfive surveys.One-bedroom units saw anincrease in average rents.Although, the increase of8.6% from 2019 to 2020,was lower than the 10.2%seen from 2018 to 2019.The median rent from2019 to 2020 decreased2.2%, after increasing26.7% from 2018 to 2019.The average and medianrents over a five-yearperiod were betweentwenty and thirty percentin the 2019 and 2020surveys. Earlier surveyshad even higherpercentage increases forfive-year periods.Three-bedroom units sawincreases in rentcomparable to one- andtwo-bedroom units fromthe last two surveys.Studio rents decreased orsaw no change in the lastfew surveys but hadsizable increases in theaverage and median rentsfrom 2019 to 2020. Thestatistics for studios over afive-year period still reflectearlier years withdecreases or no change.

2020 ULSTER COUNTY RENTAL HOUSING SURVEYThe table below compares the 2020 US Dept. of Housing and Urban Dev. (HUD) Fair Market Rents (FMR)to the survey average and median rents for 2020. FMR are used in various government programs tocalculate the subsidies for eligible low-income renters that will be paid to landlords.2020 Comparison HUD Fair Market Rents/Survey Non-Subsidized RentsApt.TypeStudio1 BR2 BR3 BRFMR 792 967 1,215 1,563Avg. Rent Diff. % Diff.7191,1161,4391,471 73 10.2%- 149 -13.4%- 224 -15.6% 926.3%Median Rent 7251,1151,5501,495 Diff. % Diff. 67 9.2%- 148 -13.3%- 335 -21.6% 68 4.5%One- and two-bedroom units appear to have the strongest demand in relation to the supply ofrental housing. Average and median rents for these types of units are higher than the FMR, andsignificantly so. Studio and three-bedroom units have average and median rents less than the FMR inthe non-subsidized sample.2020 Non-Subsidized ApartmentsVacant Units by rleyKingston (C)LloydMarbletownMarlboroughNew PaltzOlive# Units # Vac.560443081430279000--0091--03---% dakenShawangunkUlsterWawarsingWoodstockWoodstock# Units # Vac.88001265120716% 0%16 Vacant Units/886 Units in Sample Vacancy Rate of 1.81%The table above shows vacancy data for surveyed Non-Subsidized Housing for 2020.The 2020 Vacancy Rate, for Non-Subsidized Housing responding to the survey is 1.81% with 16 unitsvacant at the time of the Survey.The sample vacancy rate for the entire county had been rising over several years from 2.36% in 2016,2.65% in 2017, 3.16% in 2018 and 3.51% in 2019. The 2020 vacancy rate is at a level comparable tothat seen in 2006 and 2007.Housing professionals recognize a vacancy rate of 5% as an indicator of an optimally functioning rentalhousing market. A lower than average vacancy rate restricts tenant choice and mobility and giveslandlords significant pricing power.7

2020 ULSTER COUNTY RENTAL HOUSING SURVEYVacancy Rate Over TimeNon‐Subsidized 200820092010201120142015201820192020YearThe Survey’s county-wide vacancy rate decreased in 2020, reflecting a vacancy rates seen before 2008.Of note, the vacancy rate for the sampled properties from New Paltz was 3.33%. Usually no vacanciesfrom New Paltz are reported, and occasionally, only one. The pandemic likely created vacancies in NewPaltz as students left the SUNY campus early.Additional data on rental vacancy is available from the American Community Survey (ACS), thisongoing survey from the U.S. Census Bureau collects sample data every year. The ACS results arepublished as one and five-year estimates. One-year estimates are the most variable, but allow for yearto-year comparisons. Five-year estimates offer statistics with smaller margins of error.For the 2015-2019 ACS Five-Year Estimate, rental vacancy rate in Ulster County was 3.8%. In thepreceding five-year period, the 2010-2014 ACS Five-Year Estimate had a 7.0% rental vacancy rate.The 2010 U.S. Decennial Census reported a rental vacancy rate of 7.9% for Ulster County. It shouldbe noted that the Decennial Census is a physical count of the population and housing units in the UnitedStates and not a statistical sample.All vacancy rates referred to in this report are market vacancies, not economic vacancies. The marketvacancy rate is the number of units available for rent divided by the total number of rentable units. Aneconomic vacancy is usually characterized as a unit that is not available for rent. Examples of economicvacancies are model units, manager units, units being readied for occupancy, units being used forstorage, units being renovated or any unit that is not rentable in its current condition. The ACS andDecennial Census vacancy statistics include rental units that are vacant but not available for rent. Thiswould be one reason ACS and Decennial Census vacancy rates are larger than the ones found in theUlster County Rental Survey.Differences between market vacancy rates and economic vacancy rates can vary widely. As the focus ofthis report is the availability and affordability of rental housing from a consumer perspective, marketvacancy rate is the vacancy rate provided.8

2020 ULSTER COUNTY RENTAL HOUSING SURVEYAdvertised Rental HousingAdvertised Rental Housing is any unit available for rent at the time that the survey was taken.Advertised Rental Housing may be apartments, mobile homes, row houses or single-family detachedhouses. The information contained in the Advertised Rental Housing section is compiled from the UlsterCounty Apartment Listings posted by RUPCO, print and online editions of Hudson Valley One,and Craigslist.org Hudson Valley section for apartments and housing rentals.For 2020, data collected over the course of ten months from rental listings were used. AdvertisedRental Housing figures for 2020 are from January through October of 2020 and were screened toeliminate duplicate listings.The sample size for Advertised Rental Housing for 2020 is 180 units, an increase from the 2019 sample of269 units.The percentage of studio andtwo-bedroom units increased from2019 to 2020. The percentage ofone- and three-bedroom units inthe advertised sample decreasedduring this period. For 2020, onebedroom units are 31.1% of thesample for Advertised RentalHousing. This is the lowest sinceone-bedroom units were 26.7% ofthe 2008-2009 advertised sample.The economic downturn duringboth time periods could have ledto fewer one-bedroom units beingadvertised for rent.Ellenville’s share of AdvertisedRental Housing continued toincrease. Going from 4.7% in2018 to 11.2% in 2019, and thento 17.8% in 2020. From 2019 to2020, Kingston’s share stayedroughly the same. Lloyd’s shareincreased from 8.2% in 2019 to13.3% in 2020. The share forSaugerties decreased from 11.9%in 2019 to 6.7% in 2020. Overall,the advertised rental sample has athird fewer units in 2020 than in2019.2020 Advertised Rental HousingDistribution by Municipality/Unit SizeMunicipalityStudio 1 BR 2 BR 3 BREllenvilleEsopusGardinerHurleyKingston (C)LloydMarbletownMarlboroughNew andakenShawangunkUlsterWawarsingWoodstockCounty Total% of 1322111112356663512.8% 31.1% 36.7% 19.4%Total% of 1.7%2.2%180100%100%The table on the next page gives the average and median rents for Advertised Rental Housing, withdata categorized by municipality and bedroom count.The sample size may preclude conclusions for some municipalities. Average rents were calculated withoutregard to the number or type of utilities included in the rental amount.9

2020 ULSTER COUNTY RENTAL HOUSING SURVEYAdvertised Apartments2020 Average and Median Rent by Municipality / Unit SizeMunicipality# UnitsEllenvilleEsopusGardinerHurleyKingston (C)LloydMarbletownMarlboroughNew 351447351204534Ulster County180StudiosAvgMedian 738 738828854 738913 775 1,013 775975 798798Avg1 BRMedian 868 1,155 885 1,0701,0951,0388001,2001,450893Avg 850 1,138 885 1,0501,0751,0388001,2001,4509002 BRMedianAvg 1,088 1,517 1,138 1,550 01,2503 BRMedian 1,329 1,325 1,450 1,450 1,480 1,675 1,475 1,650 1,500 1,600 1,400 1,600 1,200 1,200 1,500 1,500 1,100 1,119 1,100 1,088 850 1,150 750 973 1,250 1,197 1,138 1,250 1,140 1,138 1,600 800 1,600 800 1,030 1,233 1,250 1,420 1,450 938 938 850 1,150 750 973 863 825 1,050Advertised ApartmentsAverage and Median Rent Over TimeUnit 17201820192020% Chg. '19 - '20% Chg. '16 - '202020 Requiredw/out Rent BurdenAvg. 1 7868639.8%22.1% 34,520 % 33,000Avg. 5.4% 42,0002 BRMedian .8% 41,200Avg. ,2336.8%19.2% 49,3203 BRMedian 506.4%28.2% 50,000Avg. 1,3491,4431,4271,420-0.5%14.5% 56,800Median 1,3131,4001,4251,4501.8%20.8% 58,000For average and median rents from 2019 to 2020, the rate of increase for studio, one- and two-bedroomunits was higher than the previous year. Over the preceding five years, the average and median rents forall unit types in the Advertised Sample saw significant increases.10

2020 ULSTER COUNTY RENTAL HOUSING SURVEYSubsidized HousingSubsidized Housing is rental housing that receives the benefit from any of the various types ofgovernmental support in the construction, purchase or rehabilitation of buildings that will house personswith income limitations. Rents are restricted by the income levels of the occupants.Examples of Maximum Income Limits by Household SizeUlster County, NY ‐ 2020Percentage of Area Median Income (AMI)By Income Bands123456PersonPersonPersonPersonPersonPerson30% AMI50% AMI60% AMI80% AMI 17,580 20,100 22,620 25,110 27,120 29,130 29,300 33,500 37,700 41,850 45,200 48,550 35,160 40,200 45,240 50,220 54,240 58,260 46,880 53,600 60,320 66,960 72,320 77,680Source: United States Department of Housing and Urban DevelopmentThe table above shows maximum income limits for subsidized housing in Ulster County. These figures arebased on the area’s median family income (AMI) of 83,700 for Ulster County in 2020. Many of theproperties that participated in the survey have income limits of 50% or 60% AMI. Often, they will doboth, setting aside units for households up to 50% AMI and others at 60% AMI. AMI is determined bythe United States Department of Housing and Urban Development.HUD’s Income Limits and AMI data are available at: https://www.huduser.gov/portal/datasets/il.htmlThe response rate for the subsidized housing portion of the 2020 Rental Survey was 94.44%, with 34responses for 36 different properties.Of these 34 properties, there were 1,873 units with 1,201 one-bedroom, 313 two-bedroom, 113 threebedroom, and 12 four-bedroom and 5 five-bedroom and 229 studios.Subsidized senior housing has minimum-age requirements of 55 or 62 years old, but often allowsyounger, disabled individuals. Because subsidized senior housing in Ulster County has waiting lists, it hasbecome customary to apply ahead of time and new projects generally choose occupants via a lottery.Subsidized housing complexes in the 2021 sample reported 28 vacancies. However, each housing complexwith vacancies also reported having waiting lists. Apartment complexes in the City of Kingston, the Townof Lloyd and Town of Ulster have the largest waiting lists. One-bedroom units in these areas have waitinglists well over 100 people. Studio apartments in Kingston have over 100 people on waiting lists. Outsideof these three urbanized areas, subsidized housing complexes also have waiting lists, but with fewerpeople. As soon as a subsidized apartment becomes available, it’s occupied quickly.11

2020 ULSTER COUNTY RENTAL HOUSING SURVEYUtilities: Non-Subsidized UnitsSix specific categories were chosen to present the data collected on utilities: cable, electricity, gas, heat,sewer and wifi. Respondents also had the option to write in utilities with water and hot water being themost common. The tables below compare data from the 2019 and 2020 surveys.Heat and any Additional Utilities2019600 Rental UnitsRent RangeAverageby Unit TypeStudio1 Bdrm2 Bdrm3 BdrmLowestHighest 525 600 766 700 950 1,250 1,475 1,800 1,106.292020275 Rental UnitsRent RangeAverageby Unit TypeMedianStudio1 Bdrm2 Bdrm3 Bdrm 1,200.00LowestHighest 600 600 850 950 925 1,225 1,450 1,600 1,005.98Median 925.00Heat, Gas and any Additional Utilities2019161 Rental UnitsRent RangeAverageby Unit TypeStudio1 Bdrm2 Bdrm3 BdrmLowestHighest 525 625 766 700 950 1,200 1,400 1,800 992.09202081 Rental UnitsRent RangeAverageby Unit TypeMedianStudio1 Bdrm2 Bdrm3 Bdrm 1,000.00LowestHighest 650 600 875 1,250 800 1,225 1,450 1,500 936.84Median 894.00No Utilities Reported2019173 Rental UnitsRent RangeAverageby Unit TypeLowest2020436 Rental UnitsRent RangeAverageby Unit TypeMedianHighestStudio 650 6501 Bdrm 500 1,3202 Bdrm 750 1,7003 Bdrm 1,100 1,350Lowest 1,307.92HighestStudio 950 9501 Bdrm 700 1,4252 Bdrm 300 1,7503 Bdrm 1,100 2,300 1,450.00 1,450.78The following websites have information on average utility costs by age Utility Costs by h-2/money/apartment-utilities-breakdown/12Median 1,425.00

2020 ULSTER COUNTY RENTAL HOUSING SURVEYAffordabilityMany Ulster County renters continue to be housing-cost burdened, paying more than thirty percent oftheir income for housing. According to the 2015-2019 American Community Survey (ACS), 55.1% ofUlster County renters are housing-cost burdened. Of which, 30.0% are also categorized as severelyburdened, paying more than half their income toward housing costs. The last comparable period fromthe 2010-2014 ACS had 54.2% of renters as cost burdened and 29.3% as severely burdened.The percentage of household income used to pay rent in Ulster County continues to be among the highestin New York State. The percent of rent-burdened households runs from a low of 24.03% in HamiltonCounty to a high of 57.79% in Rockland County. Ulster County, at 52.85%, ranks 6th highest out of all 62counties in New York State. More than half of Ulster County’s renters pay 30% or more of their incometoward rent.For severely burdened, paying more than 50% of gross income toward rent, the range is from a low of14.12% in Herkimer County to a high of 34.08% in Tompkins County. Ulster County ranks 6th in NewYork State, as 29.98% of Ulster County’s renter households are severely burdened. Over a quarter ofUlster County’s renters pay more than half of their income toward rent.Nationwide, the percent burdened range from 35.72% in North Dakota to 52.49% in Florida. New York is4th with 49.20%. For severely burdened, Wyoming has the lowest percentage at 16.62% and Californiahas the highest percentage at 26.62%, while New York is 3rd with 26.52%.As a nation, 45.86% of the USA’s renters are housing-cost burdened, and of this population, 22.87% ofthe country’s renters pay more than half their income towards rent.Most housing providers useHUD’s 30% of income as abarometer for housing affordability. If more than thispercentage of a household’sincome is spent on housing,the household is consideredhousing-cost burdened.Recent data released by the2015-2019 ACS Five-YearEstimates, gives a current lookat rental housing affordabilityin Ulster County, as shown inthe table to the right.Median household income forrenters has risen significantly.According to the 2015-2019ACS Five-Year Estimates, theestimated median income forrenters was 36,324. The nextcomparable period from the2010-2014 ACS has a medianincome of 32,212. This is anincrease of 12.77%.Gross Rent as a Percentage of Household IncomeUlster County 2015-2019 ACS Five-Year Estimates# Hholds% of 6702.5%6.2%9.2%11.3%7.9%9.7%6.7%8.4%30.2%7.7%Total Renter Households21,999100.0%Housing Cost Burdened (30% )11,62755.1%Severely Cost Burdened (50% )6,59630.0%Less than 10.0 %10.0 to 14.9 %15.0 to 19.9 %20.0 to 24.9 %25.0 to 29.9 %30.0 to 34.9 %35.0 to 39.9 %40.0 to 49.9 %50.0 % or moreNot computed13

2020 ULSTER COUNTY RENTAL HOUSING SURVEYUlster County Housing Action Plan: Executive SummaryThe Ulster County Housing Action Plan was developed based on community and stakeholder input and adata-driven analysis of housing conditions, demographic trends, and socioeconomic metrics. Both thequalitative and quantitative findings in the Plan demonstrate a critical need to address housingaffordability in Ulster County. It is difficult to overstate housing challenges and the resulting hardshipsexperienced by many Ulster County residents. Housing costs are increasing, household spending power isdeclining, and the supply of safe and affordable housing in the County does not meet the demand. As aresult, housing costs for many are financially unsustainable, housing insecurity is common, and hundredsof County residents are homeless. Rents are up and renter incomes are down. Since 2010, median rent in Ulster County increased by16% while the median household income of renters decreased by 1%. Home Prices are rising. From 2013 to 2019, t

251, with 101 properties responding to the Rental Housing Survey. RUPCO’s Ulster County Apartment Listings supplies data for the Advertised Rental Housing portion of this report. Ulster Publishing’s hudsonvalleyone.com and the print edition of the Kingston Times

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