Shasta County California Residential Rent and Rental Statistics
The median monthly gross residential rent in Shasta County CA was $1,116 in 2019 according to the Census ACS survey.1 Average gross rent in Shasta County was $1,151 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Shasta County median and average rent data will be released in September of 2021.
Data is also available below for Shasta County rental vacancy rates, Shasta County rent as a percent of median income and the fraction of renters in Shasta County.
Real Gross Rent in Shasta County California (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
California Median Gross Rent | $1,614 | +4.33% | +12.08% |
Shasta County CA Median Gross Rent | $1,116 | +1.09% | +9.30% |
Shasta County CA Real Gross Rent Trends
At $1,116, real median gross rent in Shasta County was at its highest level in 2019 since the series began in 2005. At $1,151, real average gross rent in Shasta County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Shasta County CA Median, Shasta County CA Average, California Median, US Median
Real Gross Rent History for Shasta County
Date | US Median |
California Median |
Shasta County CA Median |
Shasta County CA Average |
---|---|---|---|---|
2019 | $1,097 | $1,614 | $1,116 | $1,151 |
2018 | $1,077 | $1,547 | $1,104 | $1,078 |
2017 | $1,043 | $1,492 | $1,015 | $1,081 |
2016 | $1,027 | $1,440 | $1,021 | $1,050 |
2015 | $1,017 | $1,391 | $975 | $993 |
2014 | $986 | $1,339 | $967 | $1,014 |
2013 | $953 | $1,289 | $940 | $964 |
2012 | $940 | $1,277 | $971 | $1,024 |
2011 | $941 | $1,268 | $947 | $986 |
2010 | $955 | $1,300 | $989 | $1,029 |
2009 | $960 | $1,316 | $965 | $978 |
2007 | $927 | $1,266 | $926 | $888 |
2005 | $910 | $1,216 | $951 | $925 |
Shasta County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Shasta County California was 1.44% according to Census ACS data.
Rental Vacancy Rate in Shasta County California
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
California | 4.06% | +0.09% | +0.75% |
Shasta County CA | 1.44% | -3.77% | -0.88% |
Trends in Shasta County CA Rental Vacancy Rate
The rental vacancy rate in Shasta County peaked in 2009 at 13.21%. Since then it has fallen by 11.77% to 1.44%. Data records for this series originated in 2005.
Rental Vacancy Rate: Shasta County CA, California, US
Historical Rental Vacancy Rate data for Shasta County
Date | US | California | Shasta County CA |
---|---|---|---|
2019 | 5.97% | 4.06% | 1.44% |
2018 | 6.15% | 3.97% | 5.21% |
2017 | 6.18% | 3.49% | — |
2016 | 5.89% | 3.31% | 2.32% |
2015 | 5.85% | 3.33% | 2.87% |
2014 | 6.32% | 3.90% | 2.81% |
2013 | 6.49% | 4.22% | 3.71% |
2012 | 6.77% | 4.51% | 6.99% |
2011 | 7.40% | 4.94% | 6.59% |
2010 | 8.17% | 5.86% | 9.65% |
2009 | 8.43% | 5.76% | 13.21% |
2007 | 7.87% | 4.72% | 5.75% |
2005 | 7.74% | 4.61% | 3.02% |
Rent as a Fraction of Income
Using median household income data for Shasta County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Shasta County, median monthly gross rent as a fraction of median household income was 21.23% in 2019 according to the ACS.
Shasta County California Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
California | 24.08% | -0.15% | -0.28% |
Shasta County CA | 21.23% | -1.89% | -3.81% |
Trends in Shasta County CA Rent as a Fraction of Income
The fraction of median Shasta County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 26.57%. Since then it has fallen by 5.34% to 21.23%.
Fraction of Income towards Rent: Shasta County CA, California, US
Historical Data for Annual Rent as a Fraction of Income in Shasta County California
Date | US | California | Shasta County CA |
---|---|---|---|
2019 | 20.03% | 24.08% | 21.23% |
2018 | 20.50% | 24.23% | 23.11% |
2017 | 20.13% | 24.18% | 22.52% |
2016 | 20.43% | 24.36% | 25.04% |
2015 | 20.63% | 24.39% | 23.62% |
2014 | 20.89% | 24.57% | 25.15% |
2013 | 20.78% | 24.40% | 26.57% |
2012 | 20.65% | 24.69% | 24.11% |
2011 | 20.70% | 24.59% | 25.02% |
2010 | 20.50% | 24.18% | 25.89% |
2009 | 20.12% | 23.52% | 23.70% |
2007 | 18.66% | 21.58% | 22.57% |
2005 | 18.89% | 21.77% | 21.63% |
Renter Fraction in Shasta County California
You can calculate the renter fraction in Shasta County in at least two ways: by housing units or by population. I've gone with the housing units measure here. This measure looks at the number of renting households in Shasta County as a fraction of total Shasta County households. In 2019 36.79% of households were renters according to Census ACS data.
Shasta County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
California | 45.14% | -0.04% | -1.22% |
Shasta County CA | 36.79% | +1.90% | +2.19% |
Trends in the Shasta County CA Renter Fraction
The Shasta County household renter fraction peaked in in 2013 at 38.79% and is now 2.00% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Shasta County CA, California, US
History of Shasta County Renter Fraction
Date | US | California | Shasta County CA |
---|---|---|---|
2019 | 35.89% | 45.14% | 36.79% |
2018 | 36.05% | 45.18% | 34.89% |
2017 | 36.13% | 45.21% | 35.47% |
2016 | 36.88% | 46.36% | 34.60% |
2015 | 36.97% | 46.41% | 38.47% |
2014 | 36.90% | 46.27% | 38.47% |
2013 | 36.50% | 46.21% | 38.79% |
2012 | 36.09% | 45.97% | 38.00% |
2011 | 35.42% | 45.12% | 34.51% |
2010 | 34.65% | 44.36% | 34.18% |
2009 | 34.13% | 43.43% | 35.51% |
2007 | 32.80% | 42.00% | 35.81% |
2005 | 33.10% | 41.56% | 33.99% |
1. Gross rent is defined as contract rent plus the estimated average monthly cost of utilities (electricity, gas, water, and sewer) and fuel (oil, coal, kerosene, wood, etc.). Because some rentals include utilities and others don't, gross rent is a way of normalizing the variability. ↩
2. Real dollars are calculated using the CPI-U less shelter series. ↩
3. The rental vacancy rate is computed by dividing the number of vacant units for rent by the sum of the renter-occupied units, vacant units that are for rent, and vacant units that have been rented but not yet occupied. ↩