Robertson County Tennessee Residential Rent and Rental Statistics
The median monthly gross residential rent in Robertson County TN was $955 in 2019 according to the Census ACS survey.1 Average gross rent in Robertson County was $862 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 Robertson County median and average rent data will be released in September of 2021.
Data is also available below for Robertson County rental vacancy rates, Robertson County rent as a percent of median income and the fraction of renters in Robertson County.
Real Gross Rent in Robertson 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% |
Robertson County TN Median Gross Rent | $955 | +2.14% | +4.95% |
Robertson County TN Real Gross Rent Trends
At $955, real median gross rent in Robertson County was at its highest level in 2019 since the series began in 2009. Average gross rent for Robertson County peaked in real terms in 2015 at $907 and is now $45 (4.96%) lower.
Real Gross Rent: Robertson County TN Median, Robertson County TN Average, Tennessee Median, US Median
Real Gross Rent History for Robertson County
Date | US Median |
Tennessee Median |
Robertson County TN Median |
Robertson County TN Average |
---|---|---|---|---|
2019 | $1,097 | $904 | $955 | $862 |
2018 | $1,077 | $877 | $935 | $903 |
2017 | $1,043 | $859 | $823 | $802 |
2016 | $1,027 | $844 | $910 | $864 |
2015 | $1,017 | $833 | $859 | $907 |
2014 | $986 | $813 | $904 | $867 |
2013 | $953 | $788 | $797 | $745 |
2012 | $940 | $777 | $797 | $788 |
2011 | $941 | $772 | $850 | $746 |
2010 | $955 | $779 | $860 | $796 |
2009 | $960 | $777 | $749 | $685 |
2007 | $927 | $745 | — | — |
2005 | $910 | $729 | — | — |
Historical Rental Vacancy Rate data for Robertson County
Date | US | Tennessee | Robertson County TN |
---|---|---|---|
2019 | 5.97% | 7.27% | — |
2018 | 6.15% | 7.56% | — |
2017 | 6.18% | 6.67% | — |
2016 | 5.89% | 6.68% | — |
2015 | 5.85% | 7.13% | — |
2014 | 6.32% | 7.24% | — |
2013 | 6.49% | 7.86% | — |
2012 | 6.77% | 7.89% | — |
2011 | 7.40% | 8.54% | — |
2010 | 8.17% | 10.33% | — |
2009 | 8.43% | 10.52% | — |
2007 | 7.87% | 9.20% | — |
2005 | 7.74% | 8.82% | — |
Rent as a Fraction of Income
Using median household income data for Robertson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Robertson County, median monthly gross rent as a fraction of median household income was 17.12% in 2019 according to the ACS.
Robertson 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% |
Robertson County TN | 17.12% | +1.17% | -0.14% |
Trends in Robertson County TN Rent as a Fraction of Income
The fraction of median Robertson County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2009 series origin) at 19.80%. Since then it has fallen by 2.68% to 17.12%.
Fraction of Income towards Rent: Robertson County TN, Tennessee, US
Historical Data for Annual Rent as a Fraction of Income in Robertson County Tennessee
Date | US | Tennessee | Robertson County TN |
---|---|---|---|
2019 | 20.03% | 19.35% | 17.12% |
2018 | 20.50% | 19.73% | 15.95% |
2017 | 20.13% | 19.47% | 15.83% |
2016 | 20.43% | 19.92% | 17.26% |
2015 | 20.63% | 19.93% | 18.27% |
2014 | 20.89% | 20.83% | 19.80% |
2013 | 20.78% | 20.26% | 17.98% |
2012 | 20.65% | 20.48% | 15.98% |
2011 | 20.70% | 20.58% | 19.76% |
2010 | 20.50% | 20.17% | 17.88% |
2009 | 20.12% | 19.61% | 15.55% |
2007 | 18.66% | 17.96% | — |
2005 | 18.89% | 18.00% | — |
Renter Fraction in Robertson County Tennessee
You can calculate the renter fraction in Robertson 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 Robertson County as a fraction of total Robertson County households. In 2019 24.41% of households were renters according to Census ACS data.
Robertson 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% |
Robertson County TN | 24.41% | -1.89% | -3.10% |
Trends in the Robertson County TN Renter Fraction
The Robertson County household renter fraction peaked in in 2016 at 27.51% and is now 3.10% below that level. The origin year for the series is 2009.
Fraction of Renting Households: Robertson County TN, Tennessee, US
History of Robertson County Renter Fraction
Date | US | Tennessee | Robertson County TN |
---|---|---|---|
2019 | 35.89% | 33.49% | 24.41% |
2018 | 36.05% | 33.77% | 26.30% |
2017 | 36.13% | 34.57% | 24.65% |
2016 | 36.88% | 34.91% | 27.51% |
2015 | 36.97% | 34.18% | 26.30% |
2014 | 36.90% | 33.86% | 24.83% |
2013 | 36.50% | 33.62% | 24.62% |
2012 | 36.09% | 33.31% | 23.02% |
2011 | 35.42% | 32.72% | 25.18% |
2010 | 34.65% | 31.87% | 19.77% |
2009 | 34.13% | 30.85% | 22.26% |
2007 | 32.80% | 30.06% | — |
2005 | 33.10% | 30.74% | — |
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. ↩