Blount County Tennessee Residential Rent and Rental Statistics
The median monthly gross residential rent in Blount County TN was $874 in 2019 according to the Census ACS survey.1 Average gross rent in Blount County was $880 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 Blount County median and average rent data will be released in September of 2021.
Data is also available below for Blount County rental vacancy rates, Blount County rent as a percent of median income and the fraction of renters in Blount County.
Real Gross Rent in Blount County Tennessee (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Tennessee Median Gross Rent | $904 | +3.08% | +7.11% |
| Blount County TN Median Gross Rent | $874 | +5.17% | +17.47% |
Blount County TN Real Gross Rent Trends
At $874, real median gross rent in Blount County was at its highest level in 2019 since the series began in 2005. At $880, real average gross rent in Blount County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Blount County TN Median, Blount County TN Average, Tennessee Median, US Median
Real Gross Rent History for Blount County
| Date | US Median |
Tennessee Median |
Blount County TN Median |
Blount County TN Average |
|---|---|---|---|---|
| 2019 | $1,097 | $904 | $874 | $880 |
| 2018 | $1,077 | $877 | $831 | $819 |
| 2017 | $1,043 | $859 | $745 | $734 |
| 2016 | $1,027 | $844 | $744 | $679 |
| 2015 | $1,017 | $833 | $722 | $709 |
| 2014 | $986 | $813 | $807 | $745 |
| 2013 | $953 | $788 | $729 | $741 |
| 2012 | $940 | $777 | $746 | $720 |
| 2011 | $941 | $772 | $787 | $721 |
| 2010 | $955 | $779 | $757 | $764 |
| 2009 | $960 | $777 | $716 | $676 |
| 2007 | $927 | $745 | $693 | $611 |
| 2005 | $910 | $729 | $711 | $689 |
Blount 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 Blount County Tennessee was 7.57% according to Census ACS data.
Rental Vacancy Rate in Blount County Tennessee
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Tennessee | 7.27% | -0.29% | +0.59% |
| Blount County TN | 7.57% | — | +2.42% |
Trends in Blount County TN Rental Vacancy Rate
The rental vacancy rate in Blount County peaked in 2009 at 10.60%. Since then it has fallen by 3.03% to 7.57%. Data records for this series originated in 2005. From a 2015 post peak low of 2.62%, the rental vacancy rate has increased by 4.95%.
Rental Vacancy Rate: Blount County TN, Tennessee, US
Historical Rental Vacancy Rate data for Blount County
| Date | US | Tennessee | Blount County TN |
|---|---|---|---|
| 2019 | 5.97% | 7.27% | 7.57% |
| 2018 | 6.15% | 7.56% | — |
| 2017 | 6.18% | 6.67% | 3.90% |
| 2016 | 5.89% | 6.68% | 5.15% |
| 2015 | 5.85% | 7.13% | 2.62% |
| 2014 | 6.32% | 7.24% | 8.52% |
| 2013 | 6.49% | 7.86% | 4.93% |
| 2012 | 6.77% | 7.89% | 4.52% |
| 2011 | 7.40% | 8.54% | 5.44% |
| 2010 | 8.17% | 10.33% | 8.30% |
| 2009 | 8.43% | 10.52% | 10.60% |
| 2007 | 7.87% | 9.20% | 7.52% |
| 2005 | 7.74% | 8.82% | 9.71% |
Rent as a Fraction of Income
Using median household income data for Blount County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Blount County, median monthly gross rent as a fraction of median household income was 17.69% in 2019 according to the ACS.
Blount County Tennessee Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Tennessee | 19.35% | -0.38% | -0.58% |
| Blount County TN | 17.69% | +1.04% | +1.02% |
Trends in Blount County TN Rent as a Fraction of Income
The fraction of median Blount County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 19.89%. Since then it has fallen by 2.20% to 17.69%.
Fraction of Income towards Rent: Blount County TN, Tennessee, US
Historical Data for Annual Rent as a Fraction of Income in Blount County Tennessee
| Date | US | Tennessee | Blount County TN |
|---|---|---|---|
| 2019 | 20.03% | 19.35% | 17.69% |
| 2018 | 20.50% | 19.73% | 16.65% |
| 2017 | 20.13% | 19.47% | 17.12% |
| 2016 | 20.43% | 19.92% | 16.67% |
| 2015 | 20.63% | 19.93% | 16.63% |
| 2014 | 20.89% | 20.83% | 19.58% |
| 2013 | 20.78% | 20.26% | 18.72% |
| 2012 | 20.65% | 20.48% | 18.25% |
| 2011 | 20.70% | 20.58% | 19.08% |
| 2010 | 20.50% | 20.17% | 19.89% |
| 2009 | 20.12% | 19.61% | 16.56% |
| 2007 | 18.66% | 17.96% | 14.84% |
| 2005 | 18.89% | 18.00% | 16.05% |
Renter Fraction in Blount County Tennessee
You can calculate the renter fraction in Blount 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 Blount County as a fraction of total Blount County households. In 2019 23.94% of households were renters according to Census ACS data.
Blount County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Tennessee | 33.49% | -0.28% | -1.42% |
| Blount County TN | 23.94% | -3.04% | +1.36% |
Trends in the Blount County TN Renter Fraction
The Blount County household renter fraction peaked in in 2013 at 29.57% and is now 5.63% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Blount County TN, Tennessee, US
History of Blount County Renter Fraction
| Date | US | Tennessee | Blount County TN |
|---|---|---|---|
| 2019 | 35.89% | 33.49% | 23.94% |
| 2018 | 36.05% | 33.77% | 26.98% |
| 2017 | 36.13% | 34.57% | 25.39% |
| 2016 | 36.88% | 34.91% | 22.58% |
| 2015 | 36.97% | 34.18% | 26.91% |
| 2014 | 36.90% | 33.86% | 24.67% |
| 2013 | 36.50% | 33.62% | 29.57% |
| 2012 | 36.09% | 33.31% | 25.76% |
| 2011 | 35.42% | 32.72% | 27.17% |
| 2010 | 34.65% | 31.87% | 27.91% |
| 2009 | 34.13% | 30.85% | 24.56% |
| 2007 | 32.80% | 30.06% | 21.85% |
| 2005 | 33.10% | 30.74% | 22.89% |
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. ↩
Department of Numbers
The Department of Numbers contextualizes public data so that individuals can form independent opinions on everyday social and economic matters.
Here's where you are
- Home
- / Rent
- / Tennessee
- / Blount County
