Harrison County Mississippi Residential Rent and Rental Statistics
The median monthly gross residential rent in Harrison County MS was $905 in 2019 according to the Census ACS survey.1 Average gross rent in Harrison County was $875 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 Harrison County median and average rent data will be released in September of 2021.
Data is also available below for Harrison County rental vacancy rates, Harrison County rent as a percent of median income and the fraction of renters in Harrison County.
Real Gross Rent in Harrison County Mississippi (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Mississippi Median Gross Rent | $777 | -1.77% | +1.97% |
| Harrison County MS Median Gross Rent | $905 | +4.75% | +4.62% |
Harrison County MS Real Gross Rent Trends
Median gross rent for Harrison County peaked in real terms in 2008 at $993 and is now $88 (8.86%) lower. Average gross rent for Harrison County peaked in real terms in 2008 at $946 and is now $71 (7.51%) lower.
Real Gross Rent: Harrison County MS Median, Harrison County MS Average, Mississippi Median, US Median
Real Gross Rent History for Harrison County
| Date | US Median |
Mississippi Median |
Harrison County MS Median |
Harrison County MS Average |
|---|---|---|---|---|
| 2019 | $1,097 | $777 | $905 | $875 |
| 2018 | $1,077 | $791 | $864 | $850 |
| 2017 | $1,043 | $765 | $899 | $866 |
| 2016 | $1,027 | $762 | $865 | $853 |
| 2015 | $1,017 | $768 | $888 | $876 |
| 2014 | $986 | $751 | $847 | $845 |
| 2013 | $953 | $746 | $869 | $847 |
| 2012 | $940 | $708 | $885 | $869 |
| 2011 | $941 | $744 | $881 | $848 |
| 2010 | $955 | $751 | $923 | $838 |
| 2009 | $960 | $734 | $981 | $919 |
| 2007 | $927 | $715 | $979 | $864 |
| 2005 | $910 | $673 | $824 | $728 |
Harrison 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 Harrison County Mississippi was 11.94% according to Census ACS data.
Rental Vacancy Rate in Harrison County Mississippi
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Mississippi | 10.67% | +0.19% | +2.04% |
| Harrison County MS | 11.94% | +5.43% | +2.14% |
Trends in Harrison County MS Rental Vacancy Rate
The rental vacancy rate in Harrison County peaked in 2009 at 23.18%. Since then it has fallen by 11.24% to 11.94%. Data records for this series originated in 2005. From a 2018 post peak low of 6.51%, the rental vacancy rate has increased by 5.43%.
Rental Vacancy Rate: Harrison County MS, Mississippi, US
Historical Rental Vacancy Rate data for Harrison County
| Date | US | Mississippi | Harrison County MS |
|---|---|---|---|
| 2019 | 5.97% | 10.67% | 11.94% |
| 2018 | 6.15% | 10.48% | 6.51% |
| 2017 | 6.18% | 10.71% | 12.80% |
| 2016 | 5.89% | 8.63% | 9.80% |
| 2015 | 5.85% | 8.89% | 9.12% |
| 2014 | 6.32% | 9.10% | 11.80% |
| 2013 | 6.49% | 8.71% | 13.13% |
| 2012 | 6.77% | 10.91% | 17.16% |
| 2011 | 7.40% | 13.13% | 19.82% |
| 2010 | 8.17% | 12.60% | 18.28% |
| 2009 | 8.43% | 11.34% | 23.18% |
| 2007 | 7.87% | 10.16% | 8.74% |
| 2005 | 7.74% | 8.56% | 6.80% |
Rent as a Fraction of Income
Using median household income data for Harrison County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Harrison County, median monthly gross rent as a fraction of median household income was 21.67% in 2019 according to the ACS.
Harrison County Mississippi Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Mississippi | 20.36% | -0.49% | -0.56% |
| Harrison County MS | 21.67% | -0.95% | -1.51% |
Trends in Harrison County MS Rent as a Fraction of Income
The fraction of median Harrison County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 25.34%. Since then it has fallen by 3.67% to 21.67%.
Fraction of Income towards Rent: Harrison County MS, Mississippi, US
Historical Data for Annual Rent as a Fraction of Income in Harrison County Mississippi
| Date | US | Mississippi | Harrison County MS |
|---|---|---|---|
| 2019 | 20.03% | 20.36% | 21.67% |
| 2018 | 20.50% | 20.85% | 22.62% |
| 2017 | 20.13% | 20.46% | 22.09% |
| 2016 | 20.43% | 20.92% | 23.18% |
| 2015 | 20.63% | 21.40% | 23.75% |
| 2014 | 20.89% | 21.50% | 23.56% |
| 2013 | 20.78% | 22.38% | 23.53% |
| 2012 | 20.65% | 21.54% | 24.29% |
| 2011 | 20.70% | 22.39% | 25.34% |
| 2010 | 20.50% | 21.88% | 23.62% |
| 2009 | 20.12% | 21.09% | 23.97% |
| 2007 | 18.66% | 20.11% | 24.12% |
| 2005 | 18.89% | 19.60% | 19.87% |
Renter Fraction in Harrison County Mississippi
You can calculate the renter fraction in Harrison 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 Harrison County as a fraction of total Harrison County households. In 2019 39.86% of households were renters according to Census ACS data.
Harrison County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Mississippi | 32.68% | +0.89% | -0.05% |
| Harrison County MS | 39.86% | -4.31% | -5.09% |
Trends in the Harrison County MS Renter Fraction
The Harrison County household renter fraction peaked in in 2015 at 46.36% and is now 6.50% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Harrison County MS, Mississippi, US
History of Harrison County Renter Fraction
| Date | US | Mississippi | Harrison County MS |
|---|---|---|---|
| 2019 | 35.89% | 32.68% | 39.86% |
| 2018 | 36.05% | 31.79% | 44.17% |
| 2017 | 36.13% | 31.50% | 44.20% |
| 2016 | 36.88% | 32.73% | 44.95% |
| 2015 | 36.97% | 32.61% | 46.36% |
| 2014 | 36.90% | 32.33% | 42.62% |
| 2013 | 36.50% | 32.80% | 45.46% |
| 2012 | 36.09% | 31.81% | 42.29% |
| 2011 | 35.42% | 30.19% | 38.75% |
| 2010 | 34.65% | 30.24% | 36.05% |
| 2009 | 34.13% | 30.51% | 34.52% |
| 2007 | 32.80% | 28.71% | 34.29% |
| 2005 | 33.10% | 30.13% | 37.04% |
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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