Barrow County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Barrow County GA was $1,023 in 2019 according to the Census ACS survey.1 Average gross rent in Barrow County was $896 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 Barrow County median and average rent data will be released in September of 2021.
Data is also available below for Barrow County rental vacancy rates, Barrow County rent as a percent of median income and the fraction of renters in Barrow County.
Real Gross Rent in Barrow County Georgia (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Georgia Median Gross Rent | $1,049 | +2.24% | +7.37% |
| Barrow County GA Median Gross Rent | $1,023 | +7.12% | +3.12% |
Barrow County GA Real Gross Rent Trends
Median gross rent for Barrow County peaked in real terms in 2010 at $1,025 and is now $2 (0.20%) lower. Average gross rent for Barrow County peaked in real terms in 2018 at $987 and is now $91 (9.22%) lower.
Real Gross Rent: Barrow County GA Median, Barrow County GA Average, Georgia Median, US Median
Real Gross Rent History for Barrow County
| Date | US Median |
Georgia Median |
Barrow County GA Median |
Barrow County GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $1,023 | $896 |
| 2018 | $1,077 | $1,026 | $955 | $987 |
| 2017 | $1,043 | $988 | $922 | $896 |
| 2016 | $1,027 | $977 | $992 | $880 |
| 2015 | $1,017 | $964 | $1,017 | $958 |
| 2014 | $986 | $931 | $944 | $910 |
| 2013 | $953 | $895 | $924 | $906 |
| 2012 | $940 | $890 | $896 | $903 |
| 2011 | $941 | $900 | — | — |
| 2010 | $955 | $915 | $1,025 | $845 |
| 2009 | $960 | $912 | $929 | $887 |
| 2007 | $927 | $902 | $940 | $845 |
| 2005 | $910 | $886 | — | — |
Historical Rental Vacancy Rate data for Barrow County
| Date | US | Georgia | Barrow County GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | — |
| 2018 | 6.15% | 7.23% | — |
| 2017 | 6.18% | 6.73% | — |
| 2016 | 5.89% | 6.15% | — |
| 2015 | 5.85% | 6.47% | — |
| 2014 | 6.32% | 8.17% | 4.97% |
| 2013 | 6.49% | 9.26% | — |
| 2012 | 6.77% | 9.53% | — |
| 2011 | 7.40% | 10.72% | — |
| 2010 | 8.17% | 11.72% | — |
| 2009 | 8.43% | 12.32% | — |
| 2007 | 7.87% | 10.54% | — |
| 2005 | 7.74% | 11.53% | — |
Rent as a Fraction of Income
Using median household income data for Barrow County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Barrow County, median monthly gross rent as a fraction of median household income was 17.56% in 2019 according to the ACS.
Barrow County Georgia Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Georgia | 20.31% | -0.28% | -0.59% |
| Barrow County GA | 17.56% | -0.82% | -3.38% |
Trends in Barrow County GA Rent as a Fraction of Income
The fraction of median Barrow County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2007 series origin) at 22.43%. Since then it has fallen by 4.86% to 17.56%.
Fraction of Income towards Rent: Barrow County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Barrow County Georgia
| Date | US | Georgia | Barrow County GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 17.56% |
| 2018 | 20.50% | 20.59% | 18.38% |
| 2017 | 20.13% | 20.46% | 17.88% |
| 2016 | 20.43% | 20.90% | 20.95% |
| 2015 | 20.63% | 21.29% | 21.65% |
| 2014 | 20.89% | 21.46% | 22.43% |
| 2013 | 20.78% | 21.33% | 18.78% |
| 2012 | 20.65% | 21.28% | 21.23% |
| 2011 | 20.70% | 21.73% | 21.79% |
| 2010 | 20.50% | 21.17% | 20.29% |
| 2009 | 20.12% | 20.17% | 21.18% |
| 2007 | 18.66% | 18.76% | 19.06% |
| 2005 | 18.89% | 18.66% | — |
Renter Fraction in Barrow County Georgia
You can calculate the renter fraction in Barrow 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 Barrow County as a fraction of total Barrow County households. In 2019 16.18% of households were renters according to Census ACS data.
Barrow County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Georgia | 35.87% | -0.33% | -2.59% |
| Barrow County GA | 16.18% | -6.56% | -14.07% |
Trends in the Barrow County GA Renter Fraction
The Barrow County household renter fraction peaked in in 2007 at 31.37% and is now 15.19% below that level. The origin year for the series is 2007.
Fraction of Renting Households: Barrow County GA, Georgia, US
History of Barrow County Renter Fraction
| Date | US | Georgia | Barrow County GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 16.18% |
| 2018 | 36.05% | 36.20% | 22.74% |
| 2017 | 36.13% | 37.12% | 27.55% |
| 2016 | 36.88% | 38.46% | 30.25% |
| 2015 | 36.97% | 38.16% | 31.14% |
| 2014 | 36.90% | 37.77% | 31.16% |
| 2013 | 36.50% | 37.34% | 26.38% |
| 2012 | 36.09% | 36.35% | 23.90% |
| 2011 | 35.42% | 35.42% | 26.18% |
| 2010 | 34.65% | 33.83% | 16.56% |
| 2009 | 34.13% | 32.96% | 23.63% |
| 2007 | 32.80% | 31.46% | 31.37% |
| 2005 | 33.10% | 33.19% | — |
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. ↩
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