Tooele County Utah Residential Rent and Rental Statistics
The median monthly gross residential rent in Tooele County UT was $967 in 2019 according to the Census ACS survey.1 Average gross rent in Tooele County was $907 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 Tooele County median and average rent data will be released in September of 2021.
Data is also available below for Tooele County rental vacancy rates, Tooele County rent as a percent of median income and the fraction of renters in Tooele County.
Real Gross Rent in Tooele County Utah (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Utah Median Gross Rent | $1,098 | +3.39% | +9.91% |
| Tooele County UT Median Gross Rent | $967 | +12.70% | — |
Tooele County UT Real Gross Rent Trends
Median gross rent for Tooele County peaked in real terms in 2017 at $1,021 and is now $54 (5.29%) lower. From a recent low of 858.0 in 2018, real median gross rent has now increased by $109 (12.70%). Average gross rent for Tooele County peaked in real terms in 2017 at $965 and is now $58 (6.01%) lower. From a recent low of 882.0 in 2018, real average gross rent has now increased by $25 (2.83%).
Real Gross Rent: Tooele County UT Median, Tooele County UT Average, Utah Median, US Median
Real Gross Rent History for Tooele County
| Date | US Median |
Utah Median |
Tooele County UT Median |
Tooele County UT Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,098 | $967 | $907 |
| 2018 | $1,077 | $1,062 | $858 | $882 |
| 2017 | $1,043 | $1,017 | $1,021 | $965 |
| 2016 | $1,027 | $999 | — | — |
| 2015 | $1,017 | $981 | — | — |
| 2014 | $986 | $935 | — | — |
| 2013 | $953 | $928 | — | — |
| 2012 | $940 | $905 | — | — |
| 2011 | $941 | $888 | — | — |
| 2010 | $955 | $889 | — | — |
| 2009 | $960 | $904 | — | — |
| 2007 | $927 | $861 | — | — |
| 2005 | $910 | $831 | — | — |
Historical Rental Vacancy Rate data for Tooele County
| Date | US | Utah | Tooele County UT |
|---|---|---|---|
| 2019 | 5.97% | 7.47% | — |
| 2018 | 6.15% | 6.18% | — |
| 2017 | 6.18% | 6.15% | — |
| 2016 | 5.89% | 6.24% | — |
| 2015 | 5.85% | 4.81% | — |
| 2014 | 6.32% | 5.27% | — |
| 2013 | 6.49% | 5.96% | — |
| 2012 | 6.77% | 5.89% | — |
| 2011 | 7.40% | 5.36% | — |
| 2010 | 8.17% | 6.59% | — |
| 2009 | 8.43% | 6.49% | — |
| 2007 | 7.87% | 5.59% | — |
| 2005 | 7.74% | 6.95% | — |
Rent as a Fraction of Income
Using median household income data for Tooele County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Tooele County, median monthly gross rent as a fraction of median household income was 14.33% in 2019 according to the ACS.
Tooele County Utah Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Utah | 17.39% | -0.14% | +0.04% |
| Tooele County UT | 14.33% | +0.46% | — |
Trends in Tooele County UT Rent as a Fraction of Income
The fraction of median Tooele County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2017 series origin) at 16.41%. Since then it has fallen by 2.08% to 14.33%. From a 2018 low of 13.88%, the fraction of income going to rent has increased by 0.46%.
Fraction of Income towards Rent: Tooele County UT, Utah, US
Historical Data for Annual Rent as a Fraction of Income in Tooele County Utah
| Date | US | Utah | Tooele County UT |
|---|---|---|---|
| 2019 | 20.03% | 17.39% | 14.33% |
| 2018 | 20.50% | 17.53% | 13.88% |
| 2017 | 20.13% | 17.31% | 16.41% |
| 2016 | 20.43% | 17.35% | — |
| 2015 | 20.63% | 17.64% | — |
| 2014 | 20.89% | 17.45% | — |
| 2013 | 20.78% | 17.69% | — |
| 2012 | 20.65% | 17.90% | — |
| 2011 | 20.70% | 17.66% | — |
| 2010 | 20.50% | 17.45% | — |
| 2009 | 20.12% | 17.27% | — |
| 2007 | 18.66% | 15.96% | — |
| 2005 | 18.89% | 16.65% | — |
Renter Fraction in Tooele County Utah
You can calculate the renter fraction in Tooele 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 Tooele County as a fraction of total Tooele County households. In 2019 15.16% of households were renters according to Census ACS data.
Tooele County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Utah | 29.36% | -0.16% | -0.74% |
| Tooele County UT | 15.16% | -4.41% | — |
Trends in the Tooele County UT Renter Fraction
The Tooele County household renter fraction peaked in in 2018 at 19.57% and is now 4.41% below that level. The origin year for the series is 2017.
Fraction of Renting Households: Tooele County UT, Utah, US
History of Tooele County Renter Fraction
| Date | US | Utah | Tooele County UT |
|---|---|---|---|
| 2019 | 35.89% | 29.36% | 15.16% |
| 2018 | 36.05% | 29.52% | 19.57% |
| 2017 | 36.13% | 30.13% | 15.78% |
| 2016 | 36.88% | 30.10% | — |
| 2015 | 36.97% | 31.12% | — |
| 2014 | 36.90% | 30.84% | — |
| 2013 | 36.50% | 30.78% | — |
| 2012 | 36.09% | 30.38% | — |
| 2011 | 35.42% | 30.62% | — |
| 2010 | 34.65% | 30.10% | — |
| 2009 | 34.13% | 28.50% | — |
| 2007 | 32.80% | 28.27% | — |
| 2005 | 33.10% | 29.44% | — |
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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