Bibb County Georgia Residential Rent and Rental Statistics
The median monthly gross residential rent in Bibb County GA was $857 in 2019 according to the Census ACS survey.1 Average gross rent in Bibb County was $817 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 Bibb County median and average rent data will be released in September of 2021.
Data is also available below for Bibb County rental vacancy rates, Bibb County rent as a percent of median income and the fraction of renters in Bibb County.
Real Gross Rent in Bibb County Georgia (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Georgia Median Gross Rent | $1,049 | +2.24% | +7.37% |
| Bibb County GA Median Gross Rent | $857 | +4.00% | +8.21% |
Bibb County GA Real Gross Rent Trends
At $857, real median gross rent in Bibb County was at its highest level in 2019 since the series began in 2005. At $817, real average gross rent in Bibb County was at its highest level in 2019 since the series began in 2005.
Real Gross Rent: Bibb County GA Median, Bibb County GA Average, Georgia Median, US Median
Real Gross Rent History for Bibb County
| Date | US Median |
Georgia Median |
Bibb County GA Median |
Bibb County GA Average |
|---|---|---|---|---|
| 2019 | $1,097 | $1,049 | $857 | $817 |
| 2018 | $1,077 | $1,026 | $824 | $807 |
| 2017 | $1,043 | $988 | $832 | $814 |
| 2016 | $1,027 | $977 | $792 | $742 |
| 2015 | $1,017 | $964 | $801 | $736 |
| 2014 | $986 | $931 | $792 | $772 |
| 2013 | $953 | $895 | $777 | $731 |
| 2012 | $940 | $890 | $750 | $756 |
| 2011 | $941 | $900 | $783 | $773 |
| 2010 | $955 | $915 | $764 | $764 |
| 2009 | $960 | $912 | $792 | $774 |
| 2007 | $927 | $902 | $690 | $718 |
| 2005 | $910 | $886 | $711 | $694 |
Bibb 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 Bibb County Georgia was 12.13% according to Census ACS data.
Rental Vacancy Rate in Bibb County Georgia
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Georgia | 7.28% | +0.05% | +1.13% |
| Bibb County GA | 12.13% | +4.50% | +5.23% |
Trends in Bibb County GA Rental Vacancy Rate
The rental vacancy rate in Bibb County peaked in 2013 at 18.97%. Since then it has fallen by 6.84% to 12.13%. Data records for this series originated in 2005.
Rental Vacancy Rate: Bibb County GA, Georgia, US
Historical Rental Vacancy Rate data for Bibb County
| Date | US | Georgia | Bibb County GA |
|---|---|---|---|
| 2019 | 5.97% | 7.28% | 12.13% |
| 2018 | 6.15% | 7.23% | 7.63% |
| 2017 | 6.18% | 6.73% | 7.92% |
| 2016 | 5.89% | 6.15% | 6.90% |
| 2015 | 5.85% | 6.47% | 7.38% |
| 2014 | 6.32% | 8.17% | 13.57% |
| 2013 | 6.49% | 9.26% | 18.97% |
| 2012 | 6.77% | 9.53% | 13.05% |
| 2011 | 7.40% | 10.72% | 7.07% |
| 2010 | 8.17% | 11.72% | 17.06% |
| 2009 | 8.43% | 12.32% | 17.16% |
| 2007 | 7.87% | 10.54% | 6.86% |
| 2005 | 7.74% | 11.53% | 14.28% |
Rent as a Fraction of Income
Using median household income data for Bibb County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Bibb County, median monthly gross rent as a fraction of median household income was 24.40% in 2019 according to the ACS.
Bibb County Georgia Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Georgia | 20.31% | -0.28% | -0.59% |
| Bibb County GA | 24.40% | +0.43% | -0.30% |
Trends in Bibb County GA Rent as a Fraction of Income
The fraction of median Bibb County household income required to pay median monthly gross rent peaked in 2017 (relative to the 2005 series origin) at 25.86%. Since then it has fallen by 1.46% to 24.40%.
Fraction of Income towards Rent: Bibb County GA, Georgia, US
Historical Data for Annual Rent as a Fraction of Income in Bibb County Georgia
| Date | US | Georgia | Bibb County GA |
|---|---|---|---|
| 2019 | 20.03% | 20.31% | 24.40% |
| 2018 | 20.50% | 20.59% | 23.97% |
| 2017 | 20.13% | 20.46% | 25.86% |
| 2016 | 20.43% | 20.90% | 24.70% |
| 2015 | 20.63% | 21.29% | 23.47% |
| 2014 | 20.89% | 21.46% | 25.43% |
| 2013 | 20.78% | 21.33% | 24.38% |
| 2012 | 20.65% | 21.28% | 23.42% |
| 2011 | 20.70% | 21.73% | 25.68% |
| 2010 | 20.50% | 21.17% | 23.02% |
| 2009 | 20.12% | 20.17% | 22.12% |
| 2007 | 18.66% | 18.76% | 19.86% |
| 2005 | 18.89% | 18.66% | 20.56% |
Renter Fraction in Bibb County Georgia
You can calculate the renter fraction in Bibb 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 Bibb County as a fraction of total Bibb County households. In 2019 48.95% of households were renters according to Census ACS data.
Bibb County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Georgia | 35.87% | -0.33% | -2.59% |
| Bibb County GA | 48.95% | -0.51% | +0.36% |
Trends in the Bibb County GA Renter Fraction
The Bibb County household renter fraction peaked in in 2018 at 49.46% and is now 0.51% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Bibb County GA, Georgia, US
History of Bibb County Renter Fraction
| Date | US | Georgia | Bibb County GA |
|---|---|---|---|
| 2019 | 35.89% | 35.87% | 48.95% |
| 2018 | 36.05% | 36.20% | 49.46% |
| 2017 | 36.13% | 37.12% | 46.44% |
| 2016 | 36.88% | 38.46% | 48.59% |
| 2015 | 36.97% | 38.16% | 46.02% |
| 2014 | 36.90% | 37.77% | 48.55% |
| 2013 | 36.50% | 37.34% | 47.66% |
| 2012 | 36.09% | 36.35% | 46.98% |
| 2011 | 35.42% | 35.42% | 45.77% |
| 2010 | 34.65% | 33.83% | 41.97% |
| 2009 | 34.13% | 32.96% | 46.55% |
| 2007 | 32.80% | 31.46% | 37.75% |
| 2005 | 33.10% | 33.19% | 41.66% |
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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