Coryell County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Coryell County TX was $834 in 2019 according to the Census ACS survey.1 Average gross rent in Coryell County was $849 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 Coryell County median and average rent data will be released in September of 2021.
Data is also available below for Coryell County rental vacancy rates, Coryell County rent as a percent of median income and the fraction of renters in Coryell County.
Real Gross Rent in Coryell County Texas (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Texas Median Gross Rent | $1,091 | +2.44% | +8.99% |
| Coryell County TX Median Gross Rent | $834 | -2.34% | -10.42% |
Coryell County TX Real Gross Rent Trends
Median gross rent for Coryell County peaked in real terms in 2009 at $1,011 and is now $177 (17.51%) lower. Average gross rent for Coryell County peaked in real terms in 2017 at $956 and is now $107 (11.19%) lower.
Real Gross Rent: Coryell County TX Median, Coryell County TX Average, Texas Median, US Median
Real Gross Rent History for Coryell County
| Date | US Median |
Texas Median |
Coryell County TX Median |
Coryell County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $834 | $849 |
| 2018 | $1,077 | $1,065 | $854 | $882 |
| 2017 | $1,043 | $1,018 | $989 | $956 |
| 2016 | $1,027 | $1,001 | $931 | $872 |
| 2015 | $1,017 | $989 | $966 | $918 |
| 2014 | $986 | $946 | $959 | $906 |
| 2013 | $953 | $902 | $895 | $807 |
| 2012 | $940 | $884 | $915 | $864 |
| 2011 | $941 | $878 | $944 | $760 |
| 2010 | $955 | $895 | $1,002 | $780 |
| 2009 | $960 | $898 | $1,011 | $622 |
| 2007 | $927 | $862 | $922 | $690 |
| 2005 | $910 | $839 | $894 | $791 |
Coryell County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Coryell County Texas was 11.89% according to Census ACS data.
Rental Vacancy Rate in Coryell County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Coryell County TX | — | — | — |
Trends in Coryell County TX Rental Vacancy Rate
The rental vacancy rate in Coryell County peaked in 2011 at 28.98%. Since then it has fallen by 17.09% to 11.89%. Data records for this series originated in 2005.
Rental Vacancy Rate: Coryell County TX, Texas, US
Historical Rental Vacancy Rate data for Coryell County
| Date | US | Texas | Coryell County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | — |
| 2018 | 6.15% | 8.21% | — |
| 2017 | 6.18% | 8.49% | 11.89% |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | — |
| 2014 | 6.32% | 7.30% | 10.31% |
| 2013 | 6.49% | 7.86% | 11.98% |
| 2012 | 6.77% | 8.53% | — |
| 2011 | 7.40% | 9.23% | 28.98% |
| 2010 | 8.17% | 10.60% | 24.76% |
| 2009 | 8.43% | 10.69% | 21.48% |
| 2007 | 7.87% | 10.61% | — |
| 2005 | 7.74% | 10.60% | 5.97% |
Rent as a Fraction of Income
Using median household income data for Coryell County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Coryell County, median monthly gross rent as a fraction of median household income was 18.71% in 2019 according to the ACS.
Coryell County Texas Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Texas | 20.45% | -0.26% | +0.16% |
| Coryell County TX | 18.71% | -3.12% | -2.16% |
Trends in Coryell County TX Rent as a Fraction of Income
The fraction of median Coryell County household income required to pay median monthly gross rent peaked in 2009 (relative to the 2005 series origin) at 25.82%. Since then it has fallen by 7.11% to 18.71%.
Fraction of Income towards Rent: Coryell County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Coryell County Texas
| Date | US | Texas | Coryell County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 18.71% |
| 2018 | 20.50% | 20.70% | 21.82% |
| 2017 | 20.13% | 20.00% | 21.81% |
| 2016 | 20.43% | 20.28% | 20.87% |
| 2015 | 20.63% | 20.10% | 23.77% |
| 2014 | 20.89% | 20.27% | 23.16% |
| 2013 | 20.78% | 19.89% | 19.92% |
| 2012 | 20.65% | 19.65% | 21.89% |
| 2011 | 20.70% | 19.75% | 21.06% |
| 2010 | 20.50% | 19.77% | 22.06% |
| 2009 | 20.12% | 19.59% | 25.82% |
| 2007 | 18.66% | 18.52% | 20.71% |
| 2005 | 18.89% | 19.11% | 20.74% |
Renter Fraction in Coryell County Texas
You can calculate the renter fraction in Coryell 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 Coryell County as a fraction of total Coryell County households. In 2019 41.48% of households were renters according to Census ACS data.
Coryell County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Texas | 38.12% | -0.16% | -0.79% |
| Coryell County TX | 41.48% | +0.55% | +1.46% |
Trends in the Coryell County TX Renter Fraction
The Coryell County household renter fraction peaked in in 2015 at 48.71% and is now 7.23% below that level. From a recent low of 34.49% in 2017, the household based renter fraction has now grown by 6.99%. The origin year for the series is 2005.
Fraction of Renting Households: Coryell County TX, Texas, US
History of Coryell County Renter Fraction
| Date | US | Texas | Coryell County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 41.48% |
| 2018 | 36.05% | 38.28% | 40.93% |
| 2017 | 36.13% | 38.03% | 34.49% |
| 2016 | 36.88% | 38.91% | 40.02% |
| 2015 | 36.97% | 38.94% | 48.71% |
| 2014 | 36.90% | 38.84% | 43.82% |
| 2013 | 36.50% | 38.16% | 45.88% |
| 2012 | 36.09% | 37.72% | 43.23% |
| 2011 | 35.42% | 37.08% | 41.47% |
| 2010 | 34.65% | 36.42% | 42.11% |
| 2009 | 34.13% | 36.32% | 41.45% |
| 2007 | 32.80% | 34.82% | 40.79% |
| 2005 | 33.10% | 35.29% | 48.40% |
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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