Kosciusko County Indiana Residential Rent and Rental Statistics
The median monthly gross residential rent in Kosciusko County IN was $688 in 2019 according to the Census ACS survey.1 Average gross rent in Kosciusko County was $746 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 Kosciusko County median and average rent data will be released in September of 2021.
Data is also available below for Kosciusko County rental vacancy rates, Kosciusko County rent as a percent of median income and the fraction of renters in Kosciusko County.
Real Gross Rent in Kosciusko 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% |
| Kosciusko County IN Median Gross Rent | $688 | -16.40% | -11.11% |
Kosciusko County IN Real Gross Rent Trends
Median gross rent for Kosciusko County peaked in real terms in 2015 at $833 and is now $145 (17.41%) lower. Average gross rent for Kosciusko County peaked in real terms in 2016 at $805 and is now $59 (7.33%) lower.
Real Gross Rent: Kosciusko County IN Median, Kosciusko County IN Average, Indiana Median, US Median
Real Gross Rent History for Kosciusko County
| Date | US Median |
Indiana Median |
Kosciusko County IN Median |
Kosciusko County IN Average |
|---|---|---|---|---|
| 2019 | $1,097 | $840 | $688 | $746 |
| 2018 | $1,077 | $835 | $823 | $759 |
| 2017 | $1,043 | $818 | $758 | $708 |
| 2016 | $1,027 | $804 | $774 | $805 |
| 2015 | $1,017 | $804 | $833 | $740 |
| 2014 | $986 | $795 | $763 | $796 |
| 2013 | $953 | $769 | $675 | $638 |
| 2012 | $940 | $761 | $736 | $621 |
| 2011 | $941 | $764 | $688 | $700 |
| 2010 | $955 | $763 | $761 | $760 |
| 2009 | $960 | $783 | $753 | $684 |
| 2007 | $927 | $750 | $699 | $668 |
| 2005 | $910 | $769 | $735 | $688 |
Kosciusko 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 Kosciusko County Indiana was 1.79% according to Census ACS data.
Rental Vacancy Rate in Kosciusko County Indiana
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Indiana | 6.89% | +0.30% | -0.07% |
| Kosciusko County IN | — | — | — |
Trends in Kosciusko County IN Rental Vacancy Rate
The rental vacancy rate in Kosciusko County peaked in 2011 at 14.96%. Since then it has fallen by 13.17% to 1.79%. Data records for this series originated in 2005.
Rental Vacancy Rate: Kosciusko County IN, Indiana, US
Historical Rental Vacancy Rate data for Kosciusko County
| Date | US | Indiana | Kosciusko County IN |
|---|---|---|---|
| 2019 | 5.97% | 6.89% | — |
| 2018 | 6.15% | 6.59% | 1.79% |
| 2017 | 6.18% | 7.14% | — |
| 2016 | 5.89% | 6.96% | 2.49% |
| 2015 | 5.85% | 7.94% | 6.19% |
| 2014 | 6.32% | 8.09% | 7.10% |
| 2013 | 6.49% | 7.00% | 6.33% |
| 2012 | 6.77% | 8.43% | 6.04% |
| 2011 | 7.40% | 8.47% | 14.96% |
| 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 Kosciusko County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Kosciusko County, median monthly gross rent as a fraction of median household income was 12.88% in 2019 according to the ACS.
Kosciusko 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% |
| Kosciusko County IN | 12.88% | -4.67% | -3.55% |
Trends in Kosciusko County IN Rent as a Fraction of Income
The fraction of median Kosciusko County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2005 series origin) at 17.81%. Since then it has fallen by 4.93% to 12.88%.
Fraction of Income towards Rent: Kosciusko County IN, Indiana, US
Historical Data for Annual Rent as a Fraction of Income in Kosciusko County Indiana
| Date | US | Indiana | Kosciusko County IN |
|---|---|---|---|
| 2019 | 20.03% | 17.50% | 12.88% |
| 2018 | 20.50% | 17.65% | 17.55% |
| 2017 | 20.13% | 17.56% | 13.90% |
| 2016 | 20.43% | 17.62% | 16.43% |
| 2015 | 20.63% | 18.00% | 17.81% |
| 2014 | 20.89% | 18.27% | 16.12% |
| 2013 | 20.78% | 18.43% | 15.02% |
| 2012 | 20.65% | 18.27% | 16.84% |
| 2011 | 20.70% | 18.27% | 15.05% |
| 2010 | 20.50% | 18.37% | 17.27% |
| 2009 | 20.12% | 18.15% | 17.06% |
| 2007 | 18.66% | 16.14% | 14.19% |
| 2005 | 18.89% | 16.78% | 15.08% |
Renter Fraction in Kosciusko County Indiana
You can calculate the renter fraction in Kosciusko 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 Kosciusko County as a fraction of total Kosciusko County households. In 2019 21.41% of households were renters according to Census ACS data.
Kosciusko 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% |
| Kosciusko County IN | 21.41% | -4.99% | -5.39% |
Trends in the Kosciusko County IN Renter Fraction
The Kosciusko County household renter fraction peaked in in 2014 at 29.32% and is now 7.91% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Kosciusko County IN, Indiana, US
History of Kosciusko County Renter Fraction
| Date | US | Indiana | Kosciusko County IN |
|---|---|---|---|
| 2019 | 35.89% | 30.69% | 21.41% |
| 2018 | 36.05% | 31.06% | 26.40% |
| 2017 | 36.13% | 30.96% | 24.21% |
| 2016 | 36.88% | 31.65% | 26.80% |
| 2015 | 36.97% | 31.82% | 27.04% |
| 2014 | 36.90% | 31.42% | 29.32% |
| 2013 | 36.50% | 31.48% | 20.78% |
| 2012 | 36.09% | 30.62% | 22.31% |
| 2011 | 35.42% | 30.28% | 21.90% |
| 2010 | 34.65% | 29.71% | 27.02% |
| 2009 | 34.13% | 29.57% | 22.78% |
| 2007 | 32.80% | 28.37% | 27.07% |
| 2005 | 33.10% | 28.00% | 22.42% |
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. ↩
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