Bartholomew County Indiana Residential Rent and Rental Statistics
The median monthly gross residential rent in Bartholomew County IN was $935 in 2019 according to the Census ACS survey.1 Average gross rent in Bartholomew County was $915 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 Bartholomew County median and average rent data will be released in September of 2021.
Data is also available below for Bartholomew County rental vacancy rates, Bartholomew County rent as a percent of median income and the fraction of renters in Bartholomew County.
Real Gross Rent in Bartholomew County Indiana (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Indiana Median Gross Rent | $840 | +0.60% | +4.48% |
| Bartholomew County IN Median Gross Rent | $935 | +0.75% | +1.74% |
Bartholomew County IN Real Gross Rent Trends
At $935, real median gross rent in Bartholomew County was at its highest level in 2019 since the series began in 2005. Average gross rent for Bartholomew County peaked in real terms in 2018 at $988 and is now $73 (7.39%) lower.
Real Gross Rent: Bartholomew County IN Median, Bartholomew County IN Average, Indiana Median, US Median
Real Gross Rent History for Bartholomew County
| Date | US Median |
Indiana Median |
Bartholomew County IN Median |
Bartholomew County IN Average |
|---|---|---|---|---|
| 2019 | $1,097 | $840 | $935 | $915 |
| 2018 | $1,077 | $835 | $928 | $988 |
| 2017 | $1,043 | $818 | $898 | $829 |
| 2016 | $1,027 | $804 | $919 | $851 |
| 2015 | $1,017 | $804 | $895 | $833 |
| 2014 | $986 | $795 | $855 | $840 |
| 2013 | $953 | $769 | $782 | $822 |
| 2012 | $940 | $761 | $838 | $839 |
| 2011 | $941 | $764 | $832 | $826 |
| 2010 | $955 | $763 | $839 | $808 |
| 2009 | $960 | $783 | $823 | $745 |
| 2007 | $927 | $750 | $854 | $797 |
| 2005 | $910 | $769 | $833 | $753 |
Bartholomew County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2018 the rental vacancy rate for Bartholomew County Indiana was 6.57% according to Census ACS data.
Rental Vacancy Rate in Bartholomew County Indiana
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Indiana | 6.89% | +0.30% | -0.07% |
| Bartholomew County IN | — | — | — |
Trends in Bartholomew County IN Rental Vacancy Rate
The rental vacancy rate in Bartholomew County peaked in 2012 at 9.70%. Since then it has fallen by 3.13% to 6.57%. Data records for this series originated in 2005.
Rental Vacancy Rate: Bartholomew County IN, Indiana, US
Historical Rental Vacancy Rate data for Bartholomew County
| Date | US | Indiana | Bartholomew County IN |
|---|---|---|---|
| 2019 | 5.97% | 6.89% | — |
| 2018 | 6.15% | 6.59% | 6.57% |
| 2017 | 6.18% | 7.14% | — |
| 2016 | 5.89% | 6.96% | — |
| 2015 | 5.85% | 7.94% | — |
| 2014 | 6.32% | 8.09% | — |
| 2013 | 6.49% | 7.00% | — |
| 2012 | 6.77% | 8.43% | 9.70% |
| 2011 | 7.40% | 8.47% | 1.92% |
| 2010 | 8.17% | 8.78% | — |
| 2009 | 8.43% | 10.44% | — |
| 2007 | 7.87% | 9.72% | — |
| 2005 | 7.74% | 10.67% | — |
Rent as a Fraction of Income
Using median household income data for Bartholomew County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Bartholomew County, median monthly gross rent as a fraction of median household income was 15.46% in 2019 according to the ACS.
Bartholomew County Indiana Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Indiana | 17.50% | -0.15% | -0.12% |
| Bartholomew County IN | 15.46% | -2.17% | -2.36% |
Trends in Bartholomew County IN Rent as a Fraction of Income
The fraction of median Bartholomew County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 19.10%. Since then it has fallen by 3.63% to 15.46%.
Fraction of Income towards Rent: Bartholomew County IN, Indiana, US
Historical Data for Annual Rent as a Fraction of Income in Bartholomew County Indiana
| Date | US | Indiana | Bartholomew County IN |
|---|---|---|---|
| 2019 | 20.03% | 17.50% | 15.46% |
| 2018 | 20.50% | 17.65% | 17.64% |
| 2017 | 20.13% | 17.56% | 16.99% |
| 2016 | 20.43% | 17.62% | 17.83% |
| 2015 | 20.63% | 18.00% | 18.60% |
| 2014 | 20.89% | 18.27% | 18.34% |
| 2013 | 20.78% | 18.43% | 16.98% |
| 2012 | 20.65% | 18.27% | 17.62% |
| 2011 | 20.70% | 18.27% | 17.05% |
| 2010 | 20.50% | 18.37% | 19.10% |
| 2009 | 20.12% | 18.15% | 17.53% |
| 2007 | 18.66% | 16.14% | 16.03% |
| 2005 | 18.89% | 16.78% | 18.03% |
Renter Fraction in Bartholomew County Indiana
You can calculate the renter fraction in Bartholomew 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 Bartholomew County as a fraction of total Bartholomew County households. In 2019 27.61% of households were renters according to Census ACS data.
Bartholomew County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Indiana | 30.69% | -0.37% | -0.96% |
| Bartholomew County IN | 27.61% | -1.48% | -2.08% |
Trends in the Bartholomew County IN Renter Fraction
The Bartholomew County household renter fraction peaked in in 2010 at 32.75% and is now 5.14% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Bartholomew County IN, Indiana, US
History of Bartholomew County Renter Fraction
| Date | US | Indiana | Bartholomew County IN |
|---|---|---|---|
| 2019 | 35.89% | 30.69% | 27.61% |
| 2018 | 36.05% | 31.06% | 29.09% |
| 2017 | 36.13% | 30.96% | 29.14% |
| 2016 | 36.88% | 31.65% | 29.69% |
| 2015 | 36.97% | 31.82% | 28.80% |
| 2014 | 36.90% | 31.42% | 30.17% |
| 2013 | 36.50% | 31.48% | 30.54% |
| 2012 | 36.09% | 30.62% | 28.72% |
| 2011 | 35.42% | 30.28% | 28.10% |
| 2010 | 34.65% | 29.71% | 32.75% |
| 2009 | 34.13% | 29.57% | 26.74% |
| 2007 | 32.80% | 28.37% | 26.62% |
| 2005 | 33.10% | 28.00% | 25.45% |
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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