Black Hawk County Iowa Residential Rent and Rental Statistics
The median monthly gross residential rent in Black Hawk County IA was $842 in 2019 according to the Census ACS survey.1 Average gross rent in Black Hawk County was $838 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 Black Hawk County median and average rent data will be released in September of 2021.
Data is also available below for Black Hawk County rental vacancy rates, Black Hawk County rent as a percent of median income and the fraction of renters in Black Hawk County.
Real Gross Rent in Black Hawk County Iowa (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Iowa Median Gross Rent | $808 | +2.15% | +4.12% |
Black Hawk County IA Median Gross Rent | $842 | +6.45% | +5.12% |
Black Hawk County IA Real Gross Rent Trends
At $842, real median gross rent in Black Hawk County was at its highest level in 2019 since the series began in 2005. At $838, real average gross rent in Black Hawk County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Black Hawk County IA Median, Black Hawk County IA Average, Iowa Median, US Median
Real Gross Rent History for Black Hawk County
Date | US Median |
Iowa Median |
Black Hawk County IA Median |
Black Hawk County IA Average |
---|---|---|---|---|
2019 | $1,097 | $808 | $842 | $838 |
2018 | $1,077 | $791 | $791 | $833 |
2017 | $1,043 | $784 | $764 | $797 |
2016 | $1,027 | $776 | $801 | $818 |
2015 | $1,017 | $762 | $743 | $805 |
2014 | $986 | $751 | $761 | $788 |
2013 | $953 | $715 | $736 | $767 |
2012 | $940 | $703 | $693 | $797 |
2011 | $941 | $694 | $703 | $751 |
2010 | $955 | $703 | $691 | $720 |
2009 | $960 | $696 | $680 | $760 |
2007 | $927 | $666 | $676 | $728 |
2005 | $910 | $699 | $708 | $744 |
Black Hawk County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2019 the rental vacancy rate for Black Hawk County Iowa was 4.79% according to Census ACS data.
Rental Vacancy Rate in Black Hawk County Iowa
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Iowa | 6.21% | -0.67% | -0.03% |
Black Hawk County IA | 4.79% | -1.24% | -1.10% |
Trends in Black Hawk County IA Rental Vacancy Rate
The rental vacancy rate in Black Hawk County peaked in 2013 at 9.99%. Since then it has fallen by 5.20% to 4.79%. Data records for this series originated in 2005.
Rental Vacancy Rate: Black Hawk County IA, Iowa, US
Historical Rental Vacancy Rate data for Black Hawk County
Date | US | Iowa | Black Hawk County IA |
---|---|---|---|
2019 | 5.97% | 6.21% | 4.79% |
2018 | 6.15% | 6.88% | 6.03% |
2017 | 6.18% | 7.31% | 5.43% |
2016 | 5.89% | 6.24% | 5.89% |
2015 | 5.85% | 6.41% | 6.11% |
2014 | 6.32% | 5.47% | — |
2013 | 6.49% | 6.03% | 9.99% |
2012 | 6.77% | 6.77% | — |
2011 | 7.40% | 6.64% | — |
2010 | 8.17% | 6.38% | — |
2009 | 8.43% | 5.97% | — |
2007 | 7.87% | 7.54% | — |
2005 | 7.74% | 7.17% | 3.60% |
Rent as a Fraction of Income
Using median household income data for Black Hawk County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Black Hawk County, median monthly gross rent as a fraction of median household income was 16.70% in 2019 according to the ACS.
Black Hawk County Iowa Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Iowa | 15.72% | +0.17% | -0.09% |
Black Hawk County IA | 16.70% | -1.26% | -1.49% |
Trends in Black Hawk County IA Rent as a Fraction of Income
The fraction of median Black Hawk County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 18.41%. Since then it has fallen by 1.71% to 16.70%. From a 2012 low of 15.91%, the fraction of income going to rent has increased by 0.78%.
Fraction of Income towards Rent: Black Hawk County IA, Iowa, US
Historical Data for Annual Rent as a Fraction of Income in Black Hawk County Iowa
Date | US | Iowa | Black Hawk County IA |
---|---|---|---|
2019 | 20.03% | 15.72% | 16.70% |
2018 | 20.50% | 15.55% | 17.96% |
2017 | 20.13% | 15.57% | 17.86% |
2016 | 20.43% | 15.81% | 18.19% |
2015 | 20.63% | 15.74% | 16.74% |
2014 | 20.89% | 15.88% | 16.74% |
2013 | 20.78% | 15.60% | 18.37% |
2012 | 20.65% | 15.57% | 15.91% |
2011 | 20.70% | 15.61% | 18.41% |
2010 | 20.50% | 15.74% | 17.11% |
2009 | 20.12% | 15.26% | 17.05% |
2007 | 18.66% | 14.39% | 16.65% |
2005 | 18.89% | 15.38% | 16.96% |
Renter Fraction in Black Hawk County Iowa
You can calculate the renter fraction in Black Hawk 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 Black Hawk County as a fraction of total Black Hawk County households. In 2019 33.48% of households were renters according to Census ACS data.
Black Hawk County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Iowa | 29.47% | +0.75% | +0.10% |
Black Hawk County IA | 33.48% | -1.00% | -1.60% |
Trends in the Black Hawk County IA Renter Fraction
The Black Hawk County household renter fraction peaked in in 2017 at 35.52% and is now 2.04% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Black Hawk County IA, Iowa, US
History of Black Hawk County Renter Fraction
Date | US | Iowa | Black Hawk County IA |
---|---|---|---|
2019 | 35.89% | 29.47% | 33.48% |
2018 | 36.05% | 28.72% | 34.48% |
2017 | 36.13% | 28.40% | 35.52% |
2016 | 36.88% | 29.37% | 35.08% |
2015 | 36.97% | 29.33% | 33.48% |
2014 | 36.90% | 29.13% | 33.64% |
2013 | 36.50% | 29.19% | 33.55% |
2012 | 36.09% | 28.07% | 30.82% |
2011 | 35.42% | 27.65% | 32.20% |
2010 | 34.65% | 27.64% | 34.86% |
2009 | 34.13% | 27.92% | 33.22% |
2007 | 32.80% | 26.31% | 30.74% |
2005 | 33.10% | 26.90% | 31.56% |
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. ↩