Paulding County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Paulding County GA was $1,311 in 2019 according to the Census ACS survey.1 Average gross rent in Paulding County was $1,211 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 Paulding County median and average rent data will be released in September of 2021.
Data is also available below for Paulding County rental vacancy rates, Paulding County rent as a percent of median income and the fraction of renters in Paulding County.
Real Gross Rent in Paulding 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% |
| Paulding County GA Median Gross Rent | $1,311 | +13.70% | +17.68% |
Paulding County GA Real Gross Rent Trends
At $1,311, real median gross rent in Paulding County was at its highest level in 2019 since the series began in 2006. At $1,211, real average gross rent in Paulding County was at its highest level in 2019 since the series began in 2006.
Real Gross Rent: Paulding County GA Median, Paulding County GA Average, Georgia Median, US Median
Real Gross Rent History for Paulding County
| Date | US Median |
Georgia Median |
Paulding County GA Median |
Paulding County GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $1,311 | $1,211 |
| 2018 | $1,077 | $1,026 | $1,153 | $1,200 |
| 2017 | $1,043 | $988 | $1,153 | $1,183 |
| 2016 | $1,027 | $977 | $1,114 | $1,069 |
| 2015 | $1,017 | $964 | $1,115 | $1,122 |
| 2014 | $986 | $931 | $1,080 | $1,061 |
| 2013 | $953 | $895 | $1,072 | $1,014 |
| 2012 | $940 | $890 | $986 | $882 |
| 2011 | $941 | $900 | $973 | $929 |
| 2010 | $955 | $915 | $1,020 | $1,044 |
| 2009 | $960 | $912 | $1,069 | $1,034 |
| 2007 | $927 | $902 | $1,000 | $905 |
| 2005 | $910 | $886 | — | — |
Historical Rental Vacancy Rate data for Paulding County
| Date | US | Georgia | Paulding 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% | — |
| 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 Paulding County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Paulding County, median monthly gross rent as a fraction of median household income was 20.75% in 2019 according to the ACS.
Paulding 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% |
| Paulding County GA | 20.75% | +2.15% | -0.23% |
Trends in Paulding County GA Rent as a Fraction of Income
The fraction of median Paulding County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2006 series origin) at 21.70%. Since then it has fallen by 0.94% to 20.75%.
Fraction of Income towards Rent: Paulding County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Paulding County Georgia
| Date | US | Georgia | Paulding County GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 20.75% |
| 2018 | 20.50% | 20.59% | 18.60% |
| 2017 | 20.13% | 20.46% | 20.18% |
| 2016 | 20.43% | 20.90% | 20.98% |
| 2015 | 20.63% | 21.29% | 20.95% |
| 2014 | 20.89% | 21.46% | 19.66% |
| 2013 | 20.78% | 21.33% | 21.70% |
| 2012 | 20.65% | 21.28% | 19.40% |
| 2011 | 20.70% | 21.73% | 18.72% |
| 2010 | 20.50% | 21.17% | 18.21% |
| 2009 | 20.12% | 20.17% | 18.07% |
| 2007 | 18.66% | 18.76% | 17.91% |
| 2005 | 18.89% | 18.66% | 16.51% |
Renter Fraction in Paulding County Georgia
You can calculate the renter fraction in Paulding 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 Paulding County as a fraction of total Paulding County households. In 2019 22.62% of households were renters according to Census ACS data.
Paulding 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% |
| Paulding County GA | 22.62% | -0.55% | -3.33% |
Trends in the Paulding County GA Renter Fraction
The Paulding County household renter fraction peaked in in 2017 at 26.49% and is now 3.87% below that level. The origin year for the series is 2006.
Fraction of Renting Households: Paulding County GA, Georgia, US
History of Paulding County Renter Fraction
| Date | US | Georgia | Paulding County GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 22.62% |
| 2018 | 36.05% | 36.20% | 23.17% |
| 2017 | 36.13% | 37.12% | 26.49% |
| 2016 | 36.88% | 38.46% | 25.95% |
| 2015 | 36.97% | 38.16% | 22.88% |
| 2014 | 36.90% | 37.77% | 23.45% |
| 2013 | 36.50% | 37.34% | 17.13% |
| 2012 | 36.09% | 36.35% | 21.44% |
| 2011 | 35.42% | 35.42% | 22.39% |
| 2010 | 34.65% | 33.83% | 18.55% |
| 2009 | 34.13% | 32.96% | 16.77% |
| 2007 | 32.80% | 31.46% | 20.82% |
| 2005 | 33.10% | 33.19% | 16.03% |
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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