Johnson County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Johnson County TX was $1,064 in 2019 according to the Census ACS survey.1 Average gross rent in Johnson County was $1,040 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 Johnson County median and average rent data will be released in September of 2021.
Data is also available below for Johnson County rental vacancy rates, Johnson County rent as a percent of median income and the fraction of renters in Johnson County.
Real Gross Rent in Johnson 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% |
| Johnson County TX Median Gross Rent | $1,064 | +4.31% | +12.71% |
Johnson County TX Real Gross Rent Trends
At $1,064, real median gross rent in Johnson County was at its highest level in 2019 since the series began in 2005. Average gross rent for Johnson County peaked in real terms in 2018 at $1,051 and is now $11 (1.05%) lower.
Real Gross Rent: Johnson County TX Median, Johnson County TX Average, Texas Median, US Median
Real Gross Rent History for Johnson County
| Date | US Median |
Texas Median |
Johnson County TX Median |
Johnson County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $1,064 | $1,040 |
| 2018 | $1,077 | $1,065 | $1,020 | $1,051 |
| 2017 | $1,043 | $1,018 | $964 | $931 |
| 2016 | $1,027 | $1,001 | $944 | $944 |
| 2015 | $1,017 | $989 | $988 | $902 |
| 2014 | $986 | $946 | $911 | $893 |
| 2013 | $953 | $902 | $950 | $850 |
| 2012 | $940 | $884 | $965 | $874 |
| 2011 | $941 | $878 | $794 | $779 |
| 2010 | $955 | $895 | $979 | $907 |
| 2009 | $960 | $898 | $900 | $903 |
| 2007 | $927 | $862 | $975 | $868 |
| 2005 | $910 | $839 | $820 | $736 |
Johnson County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Johnson County Texas was 5.32% according to Census ACS data.
Rental Vacancy Rate in Johnson County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Johnson County TX | — | — | — |
Trends in Johnson County TX Rental Vacancy Rate
At 5.32%, Johnson County residential rental vacancy rate in 2015 is at the highest point since 2005, the beginning of our reporting for this series.
Rental Vacancy Rate: Johnson County TX, Texas, US
Historical Rental Vacancy Rate data for Johnson County
| Date | US | Texas | Johnson County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | — |
| 2018 | 6.15% | 8.21% | — |
| 2017 | 6.18% | 8.49% | — |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | 5.32% |
| 2014 | 6.32% | 7.30% | — |
| 2013 | 6.49% | 7.86% | — |
| 2012 | 6.77% | 8.53% | 4.38% |
| 2011 | 7.40% | 9.23% | — |
| 2010 | 8.17% | 10.60% | — |
| 2009 | 8.43% | 10.69% | — |
| 2007 | 7.87% | 10.61% | — |
| 2005 | 7.74% | 10.60% | — |
Rent as a Fraction of Income
Using median household income data for Johnson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Johnson County, median monthly gross rent as a fraction of median household income was 19.25% in 2019 according to the ACS.
Johnson 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% |
| Johnson County TX | 19.25% | -0.02% | +1.18% |
Trends in Johnson County TX Rent as a Fraction of Income
The fraction of median Johnson County household income required to pay median monthly gross rent peaked in 2010 (relative to the 2005 series origin) at 20.11%. Since then it has fallen by 0.86% to 19.25%. From a 2011 low of 16.13%, the fraction of income going to rent has increased by 3.12%.
Fraction of Income towards Rent: Johnson County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Johnson County Texas
| Date | US | Texas | Johnson County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 19.25% |
| 2018 | 20.50% | 20.70% | 19.27% |
| 2017 | 20.13% | 20.00% | 17.96% |
| 2016 | 20.43% | 20.28% | 18.07% |
| 2015 | 20.63% | 20.10% | 19.01% |
| 2014 | 20.89% | 20.27% | 18.58% |
| 2013 | 20.78% | 19.89% | 19.24% |
| 2012 | 20.65% | 19.65% | 18.91% |
| 2011 | 20.70% | 19.75% | 16.13% |
| 2010 | 20.50% | 19.77% | 20.11% |
| 2009 | 20.12% | 19.59% | 16.76% |
| 2007 | 18.66% | 18.52% | 18.69% |
| 2005 | 18.89% | 19.11% | 18.37% |
Renter Fraction in Johnson County Texas
You can calculate the renter fraction in Johnson 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 Johnson County as a fraction of total Johnson County households. In 2019 27.87% of households were renters according to Census ACS data.
Johnson 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% |
| Johnson County TX | 27.87% | +1.59% | +0.75% |
Trends in the Johnson County TX Renter Fraction
The Johnson County household renter fraction peaked in in 2015 at 28.27% and is now 0.40% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Johnson County TX, Texas, US
History of Johnson County Renter Fraction
| Date | US | Texas | Johnson County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 27.87% |
| 2018 | 36.05% | 38.28% | 26.28% |
| 2017 | 36.13% | 38.03% | 25.46% |
| 2016 | 36.88% | 38.91% | 27.12% |
| 2015 | 36.97% | 38.94% | 28.27% |
| 2014 | 36.90% | 38.84% | 25.22% |
| 2013 | 36.50% | 38.16% | 28.04% |
| 2012 | 36.09% | 37.72% | 27.44% |
| 2011 | 35.42% | 37.08% | 26.05% |
| 2010 | 34.65% | 36.42% | 25.64% |
| 2009 | 34.13% | 36.32% | 20.13% |
| 2007 | 32.80% | 34.82% | 25.30% |
| 2005 | 33.10% | 35.29% | 24.11% |
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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