Whitfield County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Whitfield County GA was $715 in 2019 according to the Census ACS survey.1 Average gross rent in Whitfield County was $702 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 Whitfield County median and average rent data will be released in September of 2021.
Data is also available below for Whitfield County rental vacancy rates, Whitfield County rent as a percent of median income and the fraction of renters in Whitfield County.
Real Gross Rent in Whitfield 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% |
Whitfield County GA Median Gross Rent | $715 | -0.56% | -1.92% |
Whitfield County GA Real Gross Rent Trends
Median gross rent for Whitfield County peaked in real terms in 2010 at $764 and is now $49 (6.41%) lower. From a recent low of 667.0 in 2012, real median gross rent has now increased by $48 (7.20%). Average gross rent for Whitfield County peaked in real terms in 2010 at $749 and is now $47 (6.28%) lower. From a recent low of 631.0 in 2012, real average gross rent has now increased by $71 (11.25%).
Real Gross Rent: Whitfield County GA Median, Whitfield County GA Average, Georgia Median, US Median
Real Gross Rent History for Whitfield County
Date | US Median |
Georgia Median |
Whitfield County GA Median |
Whitfield County GA Average |
---|---|---|---|---|
2019 | $1,097 | $1,049 | $715 | $702 |
2018 | $1,077 | $1,026 | $719 | $717 |
2017 | $1,043 | $988 | $736 | $686 |
2016 | $1,027 | $977 | $729 | $679 |
2015 | $1,017 | $964 | $721 | $747 |
2014 | $986 | $931 | $676 | $651 |
2013 | $953 | $895 | $690 | $676 |
2012 | $940 | $890 | $667 | $631 |
2011 | $941 | $900 | $748 | $661 |
2010 | $955 | $915 | $764 | $749 |
2009 | $960 | $912 | $695 | $703 |
2007 | $927 | $902 | $697 | $633 |
2005 | $910 | $886 | $715 | $663 |
Whitfield County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2012 the rental vacancy rate for Whitfield County Georgia was 14.55% according to Census ACS data.
Rental Vacancy Rate in Whitfield County Georgia
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Georgia | 7.28% | +0.05% | +1.13% |
Whitfield County GA | — | — | — |
Trends in Whitfield County GA Rental Vacancy Rate
The rental vacancy rate in Whitfield County peaked in 2009 at 24.18%. Since then it has fallen by 9.63% to 14.55%. Data records for this series originated in 2005.
Rental Vacancy Rate: Whitfield County GA, Georgia, US
Historical Rental Vacancy Rate data for Whitfield County
Date | US | Georgia | Whitfield 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% | 14.55% |
2011 | 7.40% | 10.72% | — |
2010 | 8.17% | 11.72% | — |
2009 | 8.43% | 12.32% | 24.18% |
2007 | 7.87% | 10.54% | — |
2005 | 7.74% | 11.53% | — |
Rent as a Fraction of Income
Using median household income data for Whitfield County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Whitfield County, median monthly gross rent as a fraction of median household income was 16.44% in 2019 according to the ACS.
Whitfield 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% |
Whitfield County GA | 16.44% | -2.38% | -1.56% |
Trends in Whitfield County GA Rent as a Fraction of Income
The fraction of median Whitfield County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 22.52%. Since then it has fallen by 6.08% to 16.44%.
Fraction of Income towards Rent: Whitfield County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Whitfield County Georgia
Date | US | Georgia | Whitfield County GA |
---|---|---|---|
2019 | 20.03% | 20.31% | 16.44% |
2018 | 20.50% | 20.59% | 18.81% |
2017 | 20.13% | 20.46% | 21.04% |
2016 | 20.43% | 20.90% | 18.00% |
2015 | 20.63% | 21.29% | 17.78% |
2014 | 20.89% | 21.46% | 18.26% |
2013 | 20.78% | 21.33% | 20.62% |
2012 | 20.65% | 21.28% | 21.51% |
2011 | 20.70% | 21.73% | 22.52% |
2010 | 20.50% | 21.17% | 20.82% |
2009 | 20.12% | 20.17% | 18.70% |
2007 | 18.66% | 18.76% | 17.61% |
2005 | 18.89% | 18.66% | 17.34% |
Renter Fraction in Whitfield County Georgia
You can calculate the renter fraction in Whitfield 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 Whitfield County as a fraction of total Whitfield County households. In 2019 27.86% of households were renters according to Census ACS data.
Whitfield 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% |
Whitfield County GA | 27.86% | -7.13% | -7.72% |
Trends in the Whitfield County GA Renter Fraction
The Whitfield County household renter fraction peaked in in 2017 at 42.32% and is now 14.46% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Whitfield County GA, Georgia, US
History of Whitfield County Renter Fraction
Date | US | Georgia | Whitfield County GA |
---|---|---|---|
2019 | 35.89% | 35.87% | 27.86% |
2018 | 36.05% | 36.20% | 34.99% |
2017 | 36.13% | 37.12% | 42.32% |
2016 | 36.88% | 38.46% | 35.58% |
2015 | 36.97% | 38.16% | 38.55% |
2014 | 36.90% | 37.77% | 36.51% |
2013 | 36.50% | 37.34% | 38.21% |
2012 | 36.09% | 36.35% | 35.58% |
2011 | 35.42% | 35.42% | 36.61% |
2010 | 34.65% | 33.83% | 33.69% |
2009 | 34.13% | 32.96% | 33.27% |
2007 | 32.80% | 31.46% | 31.97% |
2005 | 33.10% | 33.19% | 34.42% |
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. ↩