Department of Numbers

Bibb County Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Bibb County GA was $807 in 2017 according to the Census ACS survey.1 Average gross rent in Bibb County was $789 in 2017. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2018 Bibb County median and average rent data will be released in September of 2019.

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.

Show dollars as: Nominal Real

Real Gross Rent in Bibb County Georgia (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Georgia Median Gross Rent $958 +1.05% +6.09%
Bibb County GA Median Gross Rent $807 +5.08% +5.08%

Bibb County GA Real Gross Rent Trends

At $807, real median gross rent in Bibb County was at its highest level in 2017 since the series began in 2005. At $789, real average gross rent in Bibb County was at its highest level in 2017 since the series began in 2005.

Real Gross Rent: Bibb County GA Median, Bibb County GA Average, Georgia Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Bibb County

Date US
Median
Georgia
Median
Bibb County GA
Median
Bibb County GA
Average
2017 $1,012 $958 $807 $789
2016 $996 $948 $768 $720
2015 $987 $935 $777 $714
2014 $956 $903 $768 $748
2013 $924 $868 $754 $709
2012 $912 $864 $727 $734
2011 $912 $873 $759 $750
2010 $927 $888 $741 $741
2009 $931 $884 $768 $751
2008 $947 $904 $770 $766
2007 $899 $875 $669 $696
2006 $909 $879 $769 $738

Bibb 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 Bibb County Georgia was 7.92% according to Census ACS data.

Rental Vacancy Rate in Bibb County Georgia

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Georgia 6.73% +0.58% -1.44%
Bibb County GA 7.92% +1.02% -5.65%

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 11.05% to 7.92%. Data records for this series originated in 2005.

Rental Vacancy Rate: Bibb County GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Bibb County

Date US Georgia Bibb County GA
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%
2008 7.86% 10.89% 12.23%
2007 7.87% 10.54% 6.86%
2006 7.70% 10.33% 8.36%

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 25.86% in 2017 according to the ACS.

Bibb County Georgia Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Georgia 20.46% -0.44% -1.00%
Bibb County GA 25.86% +1.16% +0.44%

Trends in Bibb County GA Rent as a Fraction of Income

Bibb County renters paid 25.86% of median household income towards the median monthly gross rent in 2017. This is the highest fraction of median household income going to rent since the series originated in 2005.

Fraction of Income towards Rent: Bibb County GA, Georgia, US

Percent of median household income going towards median monthly gross rent in Bibb County Georgia

Historical Data for Annual Rent as a Fraction of Income in Bibb County Georgia

Date US Georgia Bibb County GA
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%
2008 19.00% 18.57% 19.34%
2007 18.66% 18.76% 19.86%
2006 18.90% 18.91% 21.26%

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 2017 46.44% of households were renters according to Census ACS data.

Bibb County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Georgia 37.12% -1.34% -0.65%
Bibb County GA 46.44% -2.15% -2.11%

Trends in the Bibb County GA Renter Fraction

The Bibb County household renter fraction peaked in in 2016 at 48.59% and is now 2.15% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Bibb County GA, Georgia, US

Fraction of renters in Bibb County

History of Bibb County Renter Fraction

Date US Georgia Bibb County GA
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%
2008 33.36% 32.55% 40.76%
2007 32.80% 31.46% 37.75%
2006 32.73% 32.33% 41.84%

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.