Somerset County, PA is part of the North Region CPI Area.
The forecasts of the gross rent index and calculation of the resulting trend factor for the North Region are shown below.
The Rent of Primary residence model is a Local Input Model. The Utility model is a Pure Time Series Model.
| CY2020 Actual Gross Rent Index | FY2022 Forecasted Gross Rent Index | Calculated Trend Factor |
|---|---|---|
| 180.8191 | 191.2560 | 191.2560 / 180.8191 = 1.0577 |