Mason County Washington Residential Rent and Rental Statistics
The median monthly gross residential rent in Mason County WA was $948 in 2019 according to the Census ACS survey.1 Average gross rent in Mason County was $856 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 Mason County median and average rent data will be released in September of 2021.
Data is also available below for Mason County rental vacancy rates, Mason County rent as a percent of median income and the fraction of renters in Mason County.
Real Gross Rent in Mason 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% |
| Mason County WA Median Gross Rent | $948 | -11.73% | — |
Mason County WA Real Gross Rent Trends
Median gross rent for Mason County peaked in real terms in 2018 at $1,074 and is now $126 (11.73%) lower. Average gross rent for Mason County peaked in real terms in 2018 at $857 and is now $1 (0.12%) lower.
Real Gross Rent: Mason County WA Median, Mason County WA Average, Washington Median, US Median
Real Gross Rent History for Mason County
| Date | US Median |
Washington Median |
Mason County WA Median |
Mason County WA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,359 | $948 | $856 |
| 2018 | $1,077 | $1,340 | $1,074 | $857 |
| 2017 | $1,043 | $1,254 | — | — |
| 2016 | $1,027 | $1,188 | — | — |
| 2015 | $1,017 | $1,146 | — | — |
| 2014 | $986 | $1,090 | — | — |
| 2013 | $953 | $1,041 | — | — |
| 2012 | $940 | $1,015 | — | — |
| 2011 | $941 | $1,004 | — | — |
| 2010 | $955 | $1,015 | — | — |
| 2009 | $960 | $1,038 | — | — |
| 2007 | $927 | $959 | — | — |
| 2005 | $910 | $926 | — | — |
Historical Rental Vacancy Rate data for Mason County
| Date | US | Washington | Mason County WA |
|---|---|---|---|
| 2019 | 5.97% | 4.31% | — |
| 2018 | 6.15% | 3.94% | — |
| 2017 | 6.18% | 3.68% | — |
| 2016 | 5.89% | 3.23% | — |
| 2015 | 5.85% | 3.27% | — |
| 2014 | 6.32% | 4.23% | — |
| 2013 | 6.49% | 4.65% | — |
| 2012 | 6.77% | 5.30% | — |
| 2011 | 7.40% | 5.59% | — |
| 2010 | 8.17% | 5.80% | — |
| 2009 | 8.43% | 5.98% | — |
| 2007 | 7.87% | 4.83% | — |
| 2005 | 7.74% | 5.74% | — |
Rent as a Fraction of Income
Using median household income data for Mason County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Mason County, median monthly gross rent as a fraction of median household income was 17.78% in 2019 according to the ACS.
Mason 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% |
| Mason County WA | 17.78% | -4.01% | — |
Trends in Mason County WA Rent as a Fraction of Income
The fraction of median Mason County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2018 series origin) at 21.79%. Since then it has fallen by 4.01% to 17.78%.
Fraction of Income towards Rent: Mason County WA, Washington, US
Historical Data for Annual Rent as a Fraction of Income in Mason County Washington
| Date | US | Washington | Mason County WA |
|---|---|---|---|
| 2019 | 20.03% | 20.73% | 17.78% |
| 2018 | 20.50% | 21.32% | 21.79% |
| 2017 | 20.13% | 20.56% | — |
| 2016 | 20.43% | 20.30% | — |
| 2015 | 20.63% | 20.21% | — |
| 2014 | 20.89% | 20.18% | — |
| 2013 | 20.78% | 20.32% | — |
| 2012 | 20.65% | 19.88% | — |
| 2011 | 20.70% | 19.64% | — |
| 2010 | 20.50% | 19.59% | — |
| 2009 | 20.12% | 19.33% | — |
| 2007 | 18.66% | 17.61% | — |
| 2005 | 18.89% | 18.05% | — |
Renter Fraction in Mason County Washington
You can calculate the renter fraction in Mason 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 Mason County as a fraction of total Mason County households. In 2019 18.65% of households were renters according to Census ACS data.
Mason 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% |
| Mason County WA | 18.65% | -8.33% | — |
Trends in the Mason County WA Renter Fraction
The Mason County household renter fraction peaked in in 2018 at 26.98% and is now 8.33% below that level. The origin year for the series is 2018.
Fraction of Renting Households: Mason County WA, Washington, US
History of Mason County Renter Fraction
| Date | US | Washington | Mason County WA |
|---|---|---|---|
| 2019 | 35.89% | 36.92% | 18.65% |
| 2018 | 36.05% | 37.18% | 26.98% |
| 2017 | 36.13% | 37.21% | — |
| 2016 | 36.88% | 37.53% | — |
| 2015 | 36.97% | 37.58% | — |
| 2014 | 36.90% | 38.25% | — |
| 2013 | 36.50% | 38.06% | — |
| 2012 | 36.09% | 37.67% | — |
| 2011 | 35.42% | 37.18% | — |
| 2010 | 34.65% | 36.90% | — |
| 2009 | 34.13% | 35.70% | — |
| 2007 | 32.80% | 33.93% | — |
| 2005 | 33.10% | 35.34% | — |
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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