Wichita County Texas Residential Rent and Rental Statistics
The median monthly gross residential rent in Wichita County TX was $777 in 2019 according to the Census ACS survey.1 Average gross rent in Wichita County was $811 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 Wichita County median and average rent data will be released in September of 2021.
Data is also available below for Wichita County rental vacancy rates, Wichita County rent as a percent of median income and the fraction of renters in Wichita County.
Real Gross Rent in Wichita 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% |
| Wichita County TX Median Gross Rent | $777 | +1.30% | -0.89% |
Wichita County TX Real Gross Rent Trends
Median gross rent for Wichita County peaked in real terms in 2008 at $836 and is now $59 (7.06%) lower. From a recent low of 726.0 in 2011, real median gross rent has now increased by $51 (7.02%). Average gross rent for Wichita County peaked in real terms in 2008 at $841 and is now $30 (3.57%) lower.
Real Gross Rent: Wichita County TX Median, Wichita County TX Average, Texas Median, US Median
Real Gross Rent History for Wichita County
| Date | US Median |
Texas Median |
Wichita County TX Median |
Wichita County TX Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,091 | $777 | $811 |
| 2018 | $1,077 | $1,065 | $767 | $762 |
| 2017 | $1,043 | $1,018 | $799 | $804 |
| 2016 | $1,027 | $1,001 | $784 | $776 |
| 2015 | $1,017 | $989 | $788 | $798 |
| 2014 | $986 | $946 | $766 | $813 |
| 2013 | $953 | $902 | $770 | $750 |
| 2012 | $940 | $884 | $780 | $784 |
| 2011 | $941 | $878 | $726 | $796 |
| 2010 | $955 | $895 | $758 | $819 |
| 2009 | $960 | $898 | $773 | $740 |
| 2007 | $927 | $862 | $761 | $767 |
| 2005 | $910 | $839 | $770 | $711 |
Wichita 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 Wichita County Texas was 10.41% according to Census ACS data.
Rental Vacancy Rate in Wichita County Texas
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Texas | 8.15% | -0.06% | +0.50% |
| Wichita County TX | 10.41% | -2.83% | — |
Trends in Wichita County TX Rental Vacancy Rate
The rental vacancy rate in Wichita County peaked in 2005 at 15.90%. Since then it has fallen by 5.49% to 10.41%. Data records for this series originated in 2005. From a 2015 post peak low of 8.83%, the rental vacancy rate has increased by 1.58%.
Rental Vacancy Rate: Wichita County TX, Texas, US
Historical Rental Vacancy Rate data for Wichita County
| Date | US | Texas | Wichita County TX |
|---|---|---|---|
| 2019 | 5.97% | 8.15% | 10.41% |
| 2018 | 6.15% | 8.21% | 13.24% |
| 2017 | 6.18% | 8.49% | — |
| 2016 | 5.89% | 7.65% | — |
| 2015 | 5.85% | 6.95% | 8.83% |
| 2014 | 6.32% | 7.30% | 12.98% |
| 2013 | 6.49% | 7.86% | 15.45% |
| 2012 | 6.77% | 8.53% | — |
| 2011 | 7.40% | 9.23% | 14.17% |
| 2010 | 8.17% | 10.60% | 13.22% |
| 2009 | 8.43% | 10.69% | — |
| 2007 | 7.87% | 10.61% | — |
| 2005 | 7.74% | 10.60% | 15.90% |
Rent as a Fraction of Income
Using median household income data for Wichita County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wichita County, median monthly gross rent as a fraction of median household income was 18.02% in 2019 according to the ACS.
Wichita 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% |
| Wichita County TX | 18.02% | -1.06% | -2.06% |
Trends in Wichita County TX Rent as a Fraction of Income
The fraction of median Wichita County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 21.48%. Since then it has fallen by 3.46% to 18.02%.
Fraction of Income towards Rent: Wichita County TX, Texas, US
Historical Data for Annual Rent as a Fraction of Income in Wichita County Texas
| Date | US | Texas | Wichita County TX |
|---|---|---|---|
| 2019 | 20.03% | 20.45% | 18.02% |
| 2018 | 20.50% | 20.70% | 19.07% |
| 2017 | 20.13% | 20.00% | 21.48% |
| 2016 | 20.43% | 20.28% | 20.08% |
| 2015 | 20.63% | 20.10% | 19.63% |
| 2014 | 20.89% | 20.27% | 20.26% |
| 2013 | 20.78% | 19.89% | 20.15% |
| 2012 | 20.65% | 19.65% | 19.39% |
| 2011 | 20.70% | 19.75% | 18.63% |
| 2010 | 20.50% | 19.77% | 21.03% |
| 2009 | 20.12% | 19.59% | 19.26% |
| 2007 | 18.66% | 18.52% | 19.93% |
| 2005 | 18.89% | 19.11% | 18.91% |
Renter Fraction in Wichita County Texas
You can calculate the renter fraction in Wichita 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 Wichita County as a fraction of total Wichita County households. In 2019 39.22% of households were renters according to Census ACS data.
Wichita 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% |
| Wichita County TX | 39.22% | +0.27% | -3.28% |
Trends in the Wichita County TX Renter Fraction
The Wichita County household renter fraction peaked in in 2016 at 42.50% and is now 3.28% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Wichita County TX, Texas, US
History of Wichita County Renter Fraction
| Date | US | Texas | Wichita County TX |
|---|---|---|---|
| 2019 | 35.89% | 38.12% | 39.22% |
| 2018 | 36.05% | 38.28% | 38.95% |
| 2017 | 36.13% | 38.03% | 39.83% |
| 2016 | 36.88% | 38.91% | 42.50% |
| 2015 | 36.97% | 38.94% | 41.11% |
| 2014 | 36.90% | 38.84% | 36.14% |
| 2013 | 36.50% | 38.16% | 38.86% |
| 2012 | 36.09% | 37.72% | 40.66% |
| 2011 | 35.42% | 37.08% | 33.52% |
| 2010 | 34.65% | 36.42% | 37.15% |
| 2009 | 34.13% | 36.32% | 37.90% |
| 2007 | 32.80% | 34.82% | 35.93% |
| 2005 | 33.10% | 35.29% | 34.96% |
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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