Grays Harbor County Washington Residential Rent and Rental Statistics
The median monthly gross residential rent in Grays Harbor County WA was $857 in 2019 according to the Census ACS survey.1 Average gross rent in Grays Harbor County was $796 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 Grays Harbor County median and average rent data will be released in September of 2021.
Data is also available below for Grays Harbor County rental vacancy rates, Grays Harbor County rent as a percent of median income and the fraction of renters in Grays Harbor County.
Real Gross Rent in Grays Harbor County Washington (2019 dollars)2
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US Median Gross Rent | $1,097 | +1.86% | +6.82% |
Washington Median Gross Rent | $1,359 | +1.42% | +14.39% |
Grays Harbor County WA Median Gross Rent | $857 | +15.34% | +14.42% |
Grays Harbor County WA Real Gross Rent Trends
Median gross rent for Grays Harbor County peaked in real terms in 2014 at $865 and is now $8 (0.92%) lower. Average gross rent for Grays Harbor County peaked in real terms in 2008 at $848 and is now $52 (6.13%) lower.
Real Gross Rent: Grays Harbor County WA Median, Grays Harbor County WA Average, Washington Median, US Median
Real Gross Rent History for Grays Harbor County
Date | US Median |
Washington Median |
Grays Harbor County WA Median |
Grays Harbor County WA Average |
---|---|---|---|---|
2019 | $1,097 | $1,359 | $857 | $796 |
2018 | $1,077 | $1,340 | $743 | $714 |
2017 | $1,043 | $1,254 | $751 | $688 |
2016 | $1,027 | $1,188 | $749 | $805 |
2015 | $1,017 | $1,146 | $795 | $808 |
2014 | $986 | $1,090 | $865 | $798 |
2013 | $953 | $1,041 | $817 | $720 |
2012 | $940 | $1,015 | $689 | $660 |
2011 | $941 | $1,004 | $727 | $703 |
2010 | $955 | $1,015 | $774 | $744 |
2009 | $960 | $1,038 | $741 | $725 |
2007 | $927 | $959 | $720 | $698 |
2005 | $910 | $926 | $690 | $659 |
Grays Harbor 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 Grays Harbor County Washington was 5.96% according to Census ACS data.
Rental Vacancy Rate in Grays Harbor County Washington
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 5.97% | -0.18% | +0.08% |
Washington | 4.31% | +0.37% | +1.08% |
Grays Harbor County WA | 5.96% | — | — |
Trends in Grays Harbor County WA Rental Vacancy Rate
The rental vacancy rate in Grays Harbor County peaked in 2011 at 14.30%. Since then it has fallen by 8.34% to 5.96%. Data records for this series originated in 2005. From a 2015 post peak low of 3.75%, the rental vacancy rate has increased by 2.21%.
Rental Vacancy Rate: Grays Harbor County WA, Washington, US
Historical Rental Vacancy Rate data for Grays Harbor County
Date | US | Washington | Grays Harbor County WA |
---|---|---|---|
2019 | 5.97% | 4.31% | 5.96% |
2018 | 6.15% | 3.94% | — |
2017 | 6.18% | 3.68% | — |
2016 | 5.89% | 3.23% | — |
2015 | 5.85% | 3.27% | 3.75% |
2014 | 6.32% | 4.23% | — |
2013 | 6.49% | 4.65% | 8.14% |
2012 | 6.77% | 5.30% | 5.38% |
2011 | 7.40% | 5.59% | 14.30% |
2010 | 8.17% | 5.80% | 4.64% |
2009 | 8.43% | 5.98% | 10.07% |
2007 | 7.87% | 4.83% | — |
2005 | 7.74% | 5.74% | 7.55% |
Rent as a Fraction of Income
Using median household income data for Grays Harbor County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Grays Harbor County, median monthly gross rent as a fraction of median household income was 16.85% in 2019 according to the ACS.
Grays Harbor County Washington Median Annual Rent as a Fraction of Median Household Income
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 20.03% | -0.47% | -0.40% |
Washington | 20.73% | -0.59% | +0.43% |
Grays Harbor County WA | 16.85% | -1.30% | -0.44% |
Trends in Grays Harbor County WA Rent as a Fraction of Income
The fraction of median Grays Harbor County household income required to pay median monthly gross rent peaked in 2014 (relative to the 2005 series origin) at 22.67%. Since then it has fallen by 5.82% to 16.85%.
Fraction of Income towards Rent: Grays Harbor County WA, Washington, US
Historical Data for Annual Rent as a Fraction of Income in Grays Harbor County Washington
Date | US | Washington | Grays Harbor County WA |
---|---|---|---|
2019 | 20.03% | 20.73% | 16.85% |
2018 | 20.50% | 21.32% | 18.15% |
2017 | 20.13% | 20.56% | 18.41% |
2016 | 20.43% | 20.30% | 17.29% |
2015 | 20.63% | 20.21% | 20.37% |
2014 | 20.89% | 20.18% | 22.67% |
2013 | 20.78% | 20.32% | 22.54% |
2012 | 20.65% | 19.88% | 18.49% |
2011 | 20.70% | 19.64% | 19.70% |
2010 | 20.50% | 19.59% | 20.78% |
2009 | 20.12% | 19.33% | 21.46% |
2007 | 18.66% | 17.61% | 17.35% |
2005 | 18.89% | 18.05% | 17.84% |
Renter Fraction in Grays Harbor County Washington
You can calculate the renter fraction in Grays Harbor 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 Grays Harbor County as a fraction of total Grays Harbor County households. In 2019 27.59% of households were renters according to Census ACS data.
Grays Harbor County Fraction of Renters by Household Units
2019 | 1 Year Change | 3 Year Change | |
---|---|---|---|
US | 35.89% | -0.16% | -0.99% |
Washington | 36.92% | -0.26% | -0.61% |
Grays Harbor County WA | 27.59% | -4.32% | -0.77% |
Trends in the Grays Harbor County WA Renter Fraction
The Grays Harbor County household renter fraction peaked in in 2005 at 37.75% and is now 10.16% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Grays Harbor County WA, Washington, US
History of Grays Harbor County Renter Fraction
Date | US | Washington | Grays Harbor County WA |
---|---|---|---|
2019 | 35.89% | 36.92% | 27.59% |
2018 | 36.05% | 37.18% | 31.91% |
2017 | 36.13% | 37.21% | 35.68% |
2016 | 36.88% | 37.53% | 28.36% |
2015 | 36.97% | 37.58% | 35.48% |
2014 | 36.90% | 38.25% | 35.17% |
2013 | 36.50% | 38.06% | 33.47% |
2012 | 36.09% | 37.67% | 29.33% |
2011 | 35.42% | 37.18% | 28.12% |
2010 | 34.65% | 36.90% | 29.81% |
2009 | 34.13% | 35.70% | 34.01% |
2007 | 32.80% | 33.93% | 28.30% |
2005 | 33.10% | 35.34% | 37.75% |
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. ↩