Wagoner County Oklahoma Residential Rent and Rental Statistics
The median monthly gross residential rent in Wagoner County OK was $929 in 2019 according to the Census ACS survey.1 Average gross rent in Wagoner County was $823 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 Wagoner County median and average rent data will be released in September of 2021.
Data is also available below for Wagoner County rental vacancy rates, Wagoner County rent as a percent of median income and the fraction of renters in Wagoner County.
Real Gross Rent in Wagoner County Oklahoma (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Oklahoma Median Gross Rent | $814 | -1.09% | +4.49% |
Wagoner County OK Median Gross Rent | $929 | +12.88% | +6.41% |
Wagoner County OK Real Gross Rent Trends
At $929, real median gross rent in Wagoner County was at its highest level in 2019 since the series began in 2006. Average gross rent for Wagoner County peaked in real terms in 2014 at $854 and is now $31 (3.63%) lower.
Real Gross Rent: Wagoner County OK Median, Wagoner County OK Average, Oklahoma Median, US Median
Real Gross Rent History for Wagoner County
Date | US Median |
Oklahoma Median |
Wagoner County OK Median |
Wagoner County OK Average |
---|---|---|---|---|
2019 | $1,097 | $814 | $929 | $823 |
2018 | $1,077 | $823 | $823 | $806 |
2017 | $1,043 | $804 | $865 | $803 |
2016 | $1,027 | $779 | $873 | $833 |
2015 | $1,017 | $805 | $915 | $812 |
2014 | $986 | $778 | $878 | $854 |
2013 | $953 | $742 | $778 | $716 |
2012 | $940 | $730 | $821 | $704 |
2011 | $941 | $729 | $746 | $763 |
2010 | $955 | $736 | $777 | $702 |
2009 | $960 | $725 | $867 | $745 |
2007 | $927 | $691 | $800 | $748 |
2005 | $910 | $684 | — | — |
Wagoner 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 Wagoner County Oklahoma was 5.25% according to Census ACS data.
Rental Vacancy Rate in Wagoner County Oklahoma
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Oklahoma | 8.00% | -0.47% | -0.08% |
Wagoner County OK | 5.25% | +2.53% | +2.34% |
Trends in Wagoner County OK Rental Vacancy Rate
The rental vacancy rate in Wagoner County peaked in 2010 at 10.86%. Since then it has fallen by 5.61% to 5.25%. Data records for this series originated in 2006. From a 2015 post peak low of 1.71%, the rental vacancy rate has increased by 3.54%.
Rental Vacancy Rate: Wagoner County OK, Oklahoma, US
Historical Rental Vacancy Rate data for Wagoner County
Date | US | Oklahoma | Wagoner County OK |
---|---|---|---|
2019 | 5.97% | 8.00% | 5.25% |
2018 | 6.15% | 8.47% | 2.72% |
2017 | 6.18% | 8.57% | 7.37% |
2016 | 5.89% | 8.08% | 2.91% |
2015 | 5.85% | 7.76% | 1.71% |
2014 | 6.32% | 8.12% | 7.03% |
2013 | 6.49% | 8.19% | 5.56% |
2012 | 6.77% | 8.16% | 7.70% |
2011 | 7.40% | 8.52% | 8.79% |
2010 | 8.17% | 8.52% | 10.86% |
2009 | 8.43% | 8.41% | — |
2007 | 7.87% | 9.33% | — |
2005 | 7.74% | 9.97% | — |
Rent as a Fraction of Income
Using median household income data for Wagoner County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wagoner County, median monthly gross rent as a fraction of median household income was 17.33% in 2019 according to the ACS.
Wagoner County Oklahoma Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Oklahoma | 17.94% | -0.73% | -0.22% |
Wagoner County OK | 17.33% | +1.80% | +1.20% |
Trends in Wagoner County OK Rent as a Fraction of Income
The fraction of median Wagoner County household income required to pay median monthly gross rent peaked in 2015 (relative to the 2006 series origin) at 18.07%. Since then it has fallen by 0.73% to 17.33%.
Fraction of Income towards Rent: Wagoner County OK, Oklahoma, US
Historical Data for Annual Rent as a Fraction of Income in Wagoner County Oklahoma
Date | US | Oklahoma | Wagoner County OK |
---|---|---|---|
2019 | 20.03% | 17.94% | 17.33% |
2018 | 20.50% | 18.67% | 15.53% |
2017 | 20.13% | 18.70% | 17.41% |
2016 | 20.43% | 18.16% | 16.13% |
2015 | 20.63% | 18.75% | 18.07% |
2014 | 20.89% | 18.61% | 16.87% |
2013 | 20.78% | 18.52% | 17.02% |
2012 | 20.65% | 18.58% | 17.00% |
2011 | 20.70% | 18.74% | 16.72% |
2010 | 20.50% | 18.80% | 14.41% |
2009 | 20.12% | 18.32% | 15.89% |
2007 | 18.66% | 16.98% | 14.97% |
2005 | 18.89% | 17.71% | — |
Renter Fraction in Wagoner County Oklahoma
You can calculate the renter fraction in Wagoner 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 Wagoner County as a fraction of total Wagoner County households. In 2019 21.35% of households were renters according to Census ACS data.
Wagoner County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Oklahoma | 34.46% | -0.10% | -0.64% |
Wagoner County OK | 21.35% | +0.02% | -0.52% |
Trends in the Wagoner County OK Renter Fraction
The Wagoner County household renter fraction peaked in in 2015 at 22.33% and is now 0.98% below that level. The origin year for the series is 2006.
Fraction of Renting Households: Wagoner County OK, Oklahoma, US
History of Wagoner County Renter Fraction
Date | US | Oklahoma | Wagoner County OK |
---|---|---|---|
2019 | 35.89% | 34.46% | 21.35% |
2018 | 36.05% | 34.56% | 21.33% |
2017 | 36.13% | 34.54% | 19.55% |
2016 | 36.88% | 35.10% | 21.87% |
2015 | 36.97% | 34.66% | 22.33% |
2014 | 36.90% | 34.86% | 22.03% |
2013 | 36.50% | 34.46% | 18.81% |
2012 | 36.09% | 33.62% | 18.62% |
2011 | 35.42% | 32.97% | 18.98% |
2010 | 34.65% | 32.21% | 17.77% |
2009 | 34.13% | 32.81% | 13.91% |
2007 | 32.80% | 31.77% | 18.01% |
2005 | 33.10% | 32.13% | — |
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. ↩