St. Croix County Wisconsin Residential Rent and Rental Statistics
The median monthly gross residential rent in St. Croix County WI was $913 in 2019 according to the Census ACS survey.1 Average gross rent in St. Croix County was $999 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 St. Croix County median and average rent data will be released in September of 2021.
Data is also available below for St. Croix County rental vacancy rates, St. Croix County rent as a percent of median income and the fraction of renters in St. Croix County.
Real Gross Rent in St. Croix County Wisconsin (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Wisconsin Median Gross Rent | $867 | +0.58% | +3.21% |
| St. Croix County WI Median Gross Rent | $913 | -3.18% | -10.67% |
St. Croix County WI Real Gross Rent Trends
Median gross rent for St. Croix County peaked in real terms in 2016 at $1,022 and is now $109 (10.67%) lower. At $999, real average gross rent in St. Croix County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: St. Croix County WI Median, St. Croix County WI Average, Wisconsin Median, US Median
Real Gross Rent History for St. Croix County
| Date | US Median |
Wisconsin Median |
St. Croix County WI Median |
St. Croix County WI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $867 | $913 | $999 |
| 2018 | $1,077 | $862 | $943 | $970 |
| 2017 | $1,043 | $844 | $919 | $867 |
| 2016 | $1,027 | $840 | $1,022 | $990 |
| 2015 | $1,017 | $840 | $938 | $944 |
| 2014 | $986 | $826 | $958 | $990 |
| 2013 | $953 | $798 | $924 | $926 |
| 2012 | $940 | $790 | $962 | $991 |
| 2011 | $941 | $798 | $893 | $836 |
| 2010 | $955 | $799 | $910 | $948 |
| 2009 | $960 | $807 | $888 | $843 |
| 2007 | $927 | $791 | $932 | $891 |
| 2005 | $910 | $804 | $888 | $839 |
St. Croix County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2010 the rental vacancy rate for St. Croix County Wisconsin was 6.78% according to Census ACS data.
Rental Vacancy Rate in St. Croix County Wisconsin
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Wisconsin | 4.93% | -0.46% | +0.08% |
| St. Croix County WI | — | — | — |
Trends in St. Croix County WI Rental Vacancy Rate
The rental vacancy rate in St. Croix County peaked in 2005 at 8.88%. Since then it has fallen by 2.10% to 6.78%. Data records for this series originated in 2005.
Rental Vacancy Rate: St. Croix County WI, Wisconsin, US
Historical Rental Vacancy Rate data for St. Croix County
| Date | US | Wisconsin | St. Croix County WI |
|---|---|---|---|
| 2019 | 5.97% | 4.93% | — |
| 2018 | 6.15% | 5.39% | — |
| 2017 | 6.18% | 5.20% | — |
| 2016 | 5.89% | 4.85% | — |
| 2015 | 5.85% | 4.67% | — |
| 2014 | 6.32% | 4.64% | — |
| 2013 | 6.49% | 5.22% | — |
| 2012 | 6.77% | 5.48% | — |
| 2011 | 7.40% | 5.17% | — |
| 2010 | 8.17% | 6.16% | 6.78% |
| 2009 | 8.43% | 5.86% | — |
| 2007 | 7.87% | 6.83% | — |
| 2005 | 7.74% | 6.49% | 8.88% |
Rent as a Fraction of Income
Using median household income data for St. Croix County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For St. Croix County, median monthly gross rent as a fraction of median household income was 12.80% in 2019 according to the ACS.
St. Croix County Wisconsin Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Wisconsin | 16.21% | -0.51% | -0.73% |
| St. Croix County WI | 12.80% | -0.84% | -3.27% |
Trends in St. Croix County WI Rent as a Fraction of Income
The fraction of median St. Croix County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2005 series origin) at 16.07%. Since then it has fallen by 3.27% to 12.80%.
Fraction of Income towards Rent: St. Croix County WI, Wisconsin, US
Historical Data for Annual Rent as a Fraction of Income in St. Croix County Wisconsin
| Date | US | Wisconsin | St. Croix County WI |
|---|---|---|---|
| 2019 | 20.03% | 16.21% | 12.80% |
| 2018 | 20.50% | 16.72% | 13.64% |
| 2017 | 20.13% | 16.57% | 13.28% |
| 2016 | 20.43% | 16.94% | 16.07% |
| 2015 | 20.63% | 17.08% | 14.85% |
| 2014 | 20.89% | 17.83% | 14.32% |
| 2013 | 20.78% | 17.67% | 15.59% |
| 2012 | 20.65% | 17.46% | 15.98% |
| 2011 | 20.70% | 17.60% | 16.06% |
| 2010 | 20.50% | 17.51% | 15.66% |
| 2009 | 20.12% | 16.99% | 14.26% |
| 2007 | 18.66% | 15.97% | 14.49% |
| 2005 | 18.89% | 16.38% | 12.91% |
Renter Fraction in St. Croix County Wisconsin
You can calculate the renter fraction in St. Croix 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 St. Croix County as a fraction of total St. Croix County households. In 2019 21.52% of households were renters according to Census ACS data.
St. Croix County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Wisconsin | 32.80% | -0.06% | -0.54% |
| St. Croix County WI | 21.52% | +1.17% | -10.31% |
Trends in the St. Croix County WI Renter Fraction
The St. Croix County household renter fraction peaked in in 2016 at 31.83% and is now 10.31% below that level. The origin year for the series is 2005.
Fraction of Renting Households: St. Croix County WI, Wisconsin, US
History of St. Croix County Renter Fraction
| Date | US | Wisconsin | St. Croix County WI |
|---|---|---|---|
| 2019 | 35.89% | 32.80% | 21.52% |
| 2018 | 36.05% | 32.86% | 20.35% |
| 2017 | 36.13% | 33.39% | 22.34% |
| 2016 | 36.88% | 33.34% | 31.83% |
| 2015 | 36.97% | 33.21% | 24.31% |
| 2014 | 36.90% | 33.40% | 24.18% |
| 2013 | 36.50% | 32.82% | 24.76% |
| 2012 | 36.09% | 32.71% | 21.97% |
| 2011 | 35.42% | 32.15% | 21.68% |
| 2010 | 34.65% | 31.30% | 23.08% |
| 2009 | 34.13% | 31.02% | 19.49% |
| 2007 | 32.80% | 29.92% | 27.04% |
| 2005 | 33.10% | 29.88% | 20.39% |
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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