Harrison County West Virginia Residential Rent and Rental Statistics
The median monthly gross residential rent in Harrison County WV was $758 in 2019 according to the Census ACS survey.1 Average gross rent in Harrison County was $714 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 Harrison County median and average rent data will be released in September of 2021.
Data is also available below for Harrison County rental vacancy rates, Harrison County rent as a percent of median income and the fraction of renters in Harrison County.
Real Gross Rent in Harrison County West Virginia (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| West Virginia Median Gross Rent | $727 | -2.81% | +1.82% |
| Harrison County WV Median Gross Rent | $758 | -9.33% | +9.38% |
Harrison County WV Real Gross Rent Trends
Median gross rent for Harrison County peaked in real terms in 2018 at $836 and is now $78 (9.33%) lower. At $714, real average gross rent in Harrison County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Harrison County WV Median, Harrison County WV Average, West Virginia Median, US Median
Real Gross Rent History for Harrison County
| Date | US Median |
West Virginia Median |
Harrison County WV Median |
Harrison County WV Average |
|---|---|---|---|---|
| 2019 | $1,097 | $727 | $758 | $714 |
| 2018 | $1,077 | $748 | $836 | $713 |
| 2017 | $1,043 | $711 | $748 | $659 |
| 2016 | $1,027 | $714 | $693 | $654 |
| 2015 | $1,017 | $716 | $693 | $660 |
| 2014 | $986 | $693 | $732 | $527 |
| 2013 | $953 | $653 | $672 | $589 |
| 2012 | $940 | $646 | $658 | $586 |
| 2011 | $941 | $647 | $640 | $556 |
| 2010 | $955 | $638 | $656 | $646 |
| 2009 | $960 | $629 | $637 | $553 |
| 2007 | $927 | $617 | $647 | $563 |
| 2005 | $910 | $604 | $531 | $490 |
Harrison County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2017 the rental vacancy rate for Harrison County West Virginia was 6.80% according to Census ACS data.
Rental Vacancy Rate in Harrison County West Virginia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| West Virginia | 7.24% | +0.40% | -0.68% |
| Harrison County WV | — | — | — |
Trends in Harrison County WV Rental Vacancy Rate
The rental vacancy rate in Harrison County peaked in 2013 at 11.07%. Since then it has fallen by 4.27% to 6.80%. Data records for this series originated in 2005. From a 2016 post peak low of 4.85%, the rental vacancy rate has increased by 1.95%.
Rental Vacancy Rate: Harrison County WV, West Virginia, US
Historical Rental Vacancy Rate data for Harrison County
| Date | US | West Virginia | Harrison County WV |
|---|---|---|---|
| 2019 | 5.97% | 7.24% | — |
| 2018 | 6.15% | 6.84% | — |
| 2017 | 6.18% | 8.21% | 6.80% |
| 2016 | 5.89% | 7.92% | 4.85% |
| 2015 | 5.85% | 6.82% | 6.90% |
| 2014 | 6.32% | 8.91% | 5.25% |
| 2013 | 6.49% | 7.75% | 11.07% |
| 2012 | 6.77% | 6.82% | — |
| 2011 | 7.40% | 8.13% | 6.83% |
| 2010 | 8.17% | 8.96% | 10.17% |
| 2009 | 8.43% | 8.76% | 5.11% |
| 2007 | 7.87% | 8.79% | 6.64% |
| 2005 | 7.74% | 7.58% | — |
Rent as a Fraction of Income
Using median household income data for Harrison County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Harrison County, median monthly gross rent as a fraction of median household income was 16.75% in 2019 according to the ACS.
Harrison County West Virginia Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| West Virginia | 17.86% | -2.14% | -1.00% |
| Harrison County WV | 16.75% | -4.41% | -0.08% |
Trends in Harrison County WV Rent as a Fraction of Income
The fraction of median Harrison County household income required to pay median monthly gross rent peaked in 2018 (relative to the 2005 series origin) at 21.16%. Since then it has fallen by 4.41% to 16.75%.
Fraction of Income towards Rent: Harrison County WV, West Virginia, US
Historical Data for Annual Rent as a Fraction of Income in Harrison County West Virginia
| Date | US | West Virginia | Harrison County WV |
|---|---|---|---|
| 2019 | 20.03% | 17.86% | 16.75% |
| 2018 | 20.50% | 20.00% | 21.16% |
| 2017 | 20.13% | 19.05% | 14.98% |
| 2016 | 20.43% | 18.86% | 16.83% |
| 2015 | 20.63% | 19.28% | 16.23% |
| 2014 | 20.89% | 19.17% | 20.12% |
| 2013 | 20.78% | 18.04% | 18.36% |
| 2012 | 20.65% | 18.12% | 18.56% |
| 2011 | 20.70% | 18.68% | 18.34% |
| 2010 | 20.50% | 17.93% | 17.35% |
| 2009 | 20.12% | 17.69% | 16.38% |
| 2007 | 18.66% | 17.00% | 17.45% |
| 2005 | 18.89% | 17.33% | 13.75% |
Renter Fraction in Harrison County West Virginia
You can calculate the renter fraction in Harrison 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 Harrison County as a fraction of total Harrison County households. In 2019 24.25% of households were renters according to Census ACS data.
Harrison County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| West Virginia | 26.59% | -0.91% | -0.97% |
| Harrison County WV | 24.25% | -6.29% | -1.63% |
Trends in the Harrison County WV Renter Fraction
The Harrison County household renter fraction peaked in in 2018 at 30.54% and is now 6.29% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Harrison County WV, West Virginia, US
History of Harrison County Renter Fraction
| Date | US | West Virginia | Harrison County WV |
|---|---|---|---|
| 2019 | 35.89% | 26.59% | 24.25% |
| 2018 | 36.05% | 27.50% | 30.54% |
| 2017 | 36.13% | 27.46% | 23.68% |
| 2016 | 36.88% | 27.56% | 25.88% |
| 2015 | 36.97% | 27.69% | 25.08% |
| 2014 | 36.90% | 27.83% | 27.92% |
| 2013 | 36.50% | 27.67% | 27.67% |
| 2012 | 36.09% | 28.02% | 27.84% |
| 2011 | 35.42% | 27.74% | 23.74% |
| 2010 | 34.65% | 25.41% | 24.97% |
| 2009 | 34.13% | 26.38% | 28.79% |
| 2007 | 32.80% | 25.13% | 27.11% |
| 2005 | 33.10% | 24.63% | 21.89% |
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. ↩
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