Sullivan County Tennessee Residential Rent and Rental Statistics
The median monthly gross residential rent in Sullivan County TN was $664 in 2019 according to the Census ACS survey.1 Average gross rent in Sullivan County was $664 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 Sullivan County median and average rent data will be released in September of 2021.
Data is also available below for Sullivan County rental vacancy rates, Sullivan County rent as a percent of median income and the fraction of renters in Sullivan County.
Real Gross Rent in Sullivan 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% |
| Sullivan County TN Median Gross Rent | $664 | +6.07% | +0.91% |
Sullivan County TN Real Gross Rent Trends
Median gross rent for Sullivan County peaked in real terms in 2009 at $690 and is now $26 (3.77%) lower. At $664, real average gross rent in Sullivan County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Sullivan County TN Median, Sullivan County TN Average, Tennessee Median, US Median
Real Gross Rent History for Sullivan County
| Date | US Median |
Tennessee Median |
Sullivan County TN Median |
Sullivan County TN Average |
|---|---|---|---|---|
| 2019 | $1,097 | $904 | $664 | $664 |
| 2018 | $1,077 | $877 | $626 | $563 |
| 2017 | $1,043 | $859 | $671 | $617 |
| 2016 | $1,027 | $844 | $658 | $577 |
| 2015 | $1,017 | $833 | $675 | $626 |
| 2014 | $986 | $813 | $591 | $583 |
| 2013 | $953 | $788 | $621 | $606 |
| 2012 | $940 | $777 | $654 | $662 |
| 2011 | $941 | $772 | $625 | $575 |
| 2010 | $955 | $779 | $621 | $564 |
| 2009 | $960 | $777 | $690 | $592 |
| 2007 | $927 | $745 | $551 | $526 |
| 2005 | $910 | $729 | $564 | $524 |
Sullivan 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 Sullivan County Tennessee was 1.19% according to Census ACS data.
Rental Vacancy Rate in Sullivan County Tennessee
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Tennessee | 7.27% | -0.29% | +0.59% |
| Sullivan County TN | 1.19% | -2.98% | -0.83% |
Trends in Sullivan County TN Rental Vacancy Rate
The rental vacancy rate in Sullivan County peaked in 2011 at 9.12%. Since then it has fallen by 7.93% to 1.19%. Data records for this series originated in 2005.
Rental Vacancy Rate: Sullivan County TN, Tennessee, US
Historical Rental Vacancy Rate data for Sullivan County
| Date | US | Tennessee | Sullivan County TN |
|---|---|---|---|
| 2019 | 5.97% | 7.27% | 1.19% |
| 2018 | 6.15% | 7.56% | 4.17% |
| 2017 | 6.18% | 6.67% | 3.75% |
| 2016 | 5.89% | 6.68% | 2.02% |
| 2015 | 5.85% | 7.13% | 7.72% |
| 2014 | 6.32% | 7.24% | 2.12% |
| 2013 | 6.49% | 7.86% | 7.48% |
| 2012 | 6.77% | 7.89% | 3.61% |
| 2011 | 7.40% | 8.54% | 9.12% |
| 2010 | 8.17% | 10.33% | 9.02% |
| 2009 | 8.43% | 10.52% | 8.92% |
| 2007 | 7.87% | 9.20% | 2.92% |
| 2005 | 7.74% | 8.82% | 6.34% |
Rent as a Fraction of Income
Using median household income data for Sullivan County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Sullivan County, median monthly gross rent as a fraction of median household income was 15.36% in 2019 according to the ACS.
Sullivan 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% |
| Sullivan County TN | 15.36% | -1.16% | -2.22% |
Trends in Sullivan County TN Rent as a Fraction of Income
The fraction of median Sullivan County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 19.67%. Since then it has fallen by 4.30% to 15.36%.
Fraction of Income towards Rent: Sullivan County TN, Tennessee, US
Historical Data for Annual Rent as a Fraction of Income in Sullivan County Tennessee
| Date | US | Tennessee | Sullivan County TN |
|---|---|---|---|
| 2019 | 20.03% | 19.35% | 15.36% |
| 2018 | 20.50% | 19.73% | 16.53% |
| 2017 | 20.13% | 19.47% | 17.40% |
| 2016 | 20.43% | 19.92% | 17.58% |
| 2015 | 20.63% | 19.93% | 18.17% |
| 2014 | 20.89% | 20.83% | 17.57% |
| 2013 | 20.78% | 20.26% | 17.63% |
| 2012 | 20.65% | 20.48% | 19.48% |
| 2011 | 20.70% | 20.58% | 17.57% |
| 2010 | 20.50% | 20.17% | 19.29% |
| 2009 | 20.12% | 19.61% | 19.67% |
| 2007 | 18.66% | 17.96% | 14.46% |
| 2005 | 18.89% | 18.00% | 15.66% |
Renter Fraction in Sullivan County Tennessee
You can calculate the renter fraction in Sullivan 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 Sullivan County as a fraction of total Sullivan County households. In 2019 26.72% of households were renters according to Census ACS data.
Sullivan 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% |
| Sullivan County TN | 26.72% | -1.56% | -1.71% |
Trends in the Sullivan County TN Renter Fraction
The Sullivan County household renter fraction peaked in in 2017 at 28.98% and is now 2.26% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Sullivan County TN, Tennessee, US
History of Sullivan County Renter Fraction
| Date | US | Tennessee | Sullivan County TN |
|---|---|---|---|
| 2019 | 35.89% | 33.49% | 26.72% |
| 2018 | 36.05% | 33.77% | 28.28% |
| 2017 | 36.13% | 34.57% | 28.98% |
| 2016 | 36.88% | 34.91% | 28.43% |
| 2015 | 36.97% | 34.18% | 27.93% |
| 2014 | 36.90% | 33.86% | 26.66% |
| 2013 | 36.50% | 33.62% | 25.47% |
| 2012 | 36.09% | 33.31% | 27.15% |
| 2011 | 35.42% | 32.72% | 27.01% |
| 2010 | 34.65% | 31.87% | 26.83% |
| 2009 | 34.13% | 30.85% | 26.42% |
| 2007 | 32.80% | 30.06% | 26.06% |
| 2005 | 33.10% | 30.74% | 27.56% |
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. ↩
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