Liberty County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Liberty County TX was $730 in 2019 according to the Census ACS survey.1 Average gross rent in Liberty County was $595 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 Liberty County median and average rent data will be released in September of 2021.
Data is also available below for Liberty County rental vacancy rates, Liberty County rent as a percent of median income and the fraction of renters in Liberty County.
Real Gross Rent in Liberty 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% |
Liberty County TX Median Gross Rent | $730 | -14.82% | -14.02% |
Liberty County TX Real Gross Rent Trends
Median gross rent for Liberty County peaked in real terms in 2015 at $869 and is now $139 (16.00%) lower. Average gross rent for Liberty County peaked in real terms in 2018 at $804 and is now $209 (26.00%) lower.
Real Gross Rent: Liberty County TX Median, Liberty County TX Average, Texas Median, US Median
Real Gross Rent History for Liberty County
Date | US Median |
Texas Median |
Liberty County TX Median |
Liberty County TX Average |
---|---|---|---|---|
2019 | $1,097 | $1,091 | $730 | $595 |
2018 | $1,077 | $1,065 | $857 | $804 |
2017 | $1,043 | $1,018 | $671 | $649 |
2016 | $1,027 | $1,001 | $849 | $799 |
2015 | $1,017 | $989 | $869 | $681 |
2014 | $986 | $946 | $794 | $690 |
2013 | $953 | $902 | $765 | $698 |
2012 | $940 | $884 | $669 | $524 |
2011 | $941 | $878 | $817 | $664 |
2010 | $955 | $895 | $809 | $757 |
2009 | $960 | $898 | $797 | $698 |
2007 | $927 | $862 | $718 | $666 |
2005 | $910 | $839 | $770 | $548 |
Liberty County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2014 the rental vacancy rate for Liberty County Texas was 6.34% according to Census ACS data.
Rental Vacancy Rate in Liberty County Texas
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Texas | 8.15% | -0.06% | +0.50% |
Liberty County TX | — | — | — |
Trends in Liberty County TX Rental Vacancy Rate
The rental vacancy rate in Liberty County peaked in 2012 at 9.84%. Since then it has fallen by 3.50% to 6.34%. Data records for this series originated in 2005.
Rental Vacancy Rate: Liberty County TX, Texas, US
Historical Rental Vacancy Rate data for Liberty County
Date | US | Texas | Liberty 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% | — |
2014 | 6.32% | 7.30% | 6.34% |
2013 | 6.49% | 7.86% | 8.46% |
2012 | 6.77% | 8.53% | 9.84% |
2011 | 7.40% | 9.23% | 7.61% |
2010 | 8.17% | 10.60% | — |
2009 | 8.43% | 10.69% | — |
2007 | 7.87% | 10.61% | 5.40% |
2005 | 7.74% | 10.60% | 7.05% |
Rent as a Fraction of Income
Using median household income data for Liberty County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Liberty County, median monthly gross rent as a fraction of median household income was 17.50% in 2019 according to the ACS.
Liberty 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% |
Liberty County TX | 17.50% | -1.94% | -5.19% |
Trends in Liberty County TX Rent as a Fraction of Income
The fraction of median Liberty County household income required to pay median monthly gross rent peaked in 2005 (relative to the 2005 series origin) at 22.96%. Since then it has fallen by 5.45% to 17.50%. From a 2008 low of 14.35%, the fraction of income going to rent has increased by 3.16%.
Fraction of Income towards Rent: Liberty County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Liberty County Texas
Date | US | Texas | Liberty County TX |
---|---|---|---|
2019 | 20.03% | 20.45% | 17.50% |
2018 | 20.50% | 20.70% | 19.45% |
2017 | 20.13% | 20.00% | 17.13% |
2016 | 20.43% | 20.28% | 22.70% |
2015 | 20.63% | 20.10% | 17.82% |
2014 | 20.89% | 20.27% | 20.42% |
2013 | 20.78% | 19.89% | 20.89% |
2012 | 20.65% | 19.65% | 15.09% |
2011 | 20.70% | 19.75% | 20.00% |
2010 | 20.50% | 19.77% | 17.87% |
2009 | 20.12% | 19.59% | 19.44% |
2007 | 18.66% | 18.52% | 15.80% |
2005 | 18.89% | 19.11% | 22.96% |
Renter Fraction in Liberty County Texas
You can calculate the renter fraction in Liberty 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 Liberty County as a fraction of total Liberty County households. In 2019 20.27% of households were renters according to Census ACS data.
Liberty 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% |
Liberty County TX | 20.27% | -1.67% | -6.36% |
Trends in the Liberty County TX Renter Fraction
The Liberty County household renter fraction peaked in in 2005 at 29.89% and is now 9.62% below that level. From a recent low of 19.42% in 2006, the household based renter fraction has now grown by 0.85%. The origin year for the series is 2005.
Fraction of Renting Households: Liberty County TX, Texas, US
History of Liberty County Renter Fraction
Date | US | Texas | Liberty County TX |
---|---|---|---|
2019 | 35.89% | 38.12% | 20.27% |
2018 | 36.05% | 38.28% | 21.94% |
2017 | 36.13% | 38.03% | 20.57% |
2016 | 36.88% | 38.91% | 26.63% |
2015 | 36.97% | 38.94% | 28.99% |
2014 | 36.90% | 38.84% | 27.17% |
2013 | 36.50% | 38.16% | 27.41% |
2012 | 36.09% | 37.72% | 21.44% |
2011 | 35.42% | 37.08% | 20.80% |
2010 | 34.65% | 36.42% | 20.33% |
2009 | 34.13% | 36.32% | 21.59% |
2007 | 32.80% | 34.82% | 23.44% |
2005 | 33.10% | 35.29% | 29.89% |
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. ↩