Department of Numbers

Paulding County Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Paulding County GA was $1,118 in 2017 according to the Census ACS survey.1 Average gross rent in Paulding County was $1,147 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 Paulding County median and average rent data will be released in September of 2019.

Data is also available below for Paulding County rental vacancy rates, Paulding County rent as a percent of median income and the fraction of renters in Paulding County.

Show dollars as: Nominal Real

Real Gross Rent in Paulding 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%
Paulding County GA Median Gross Rent $1,118 +3.42% +6.78%

Paulding County GA Real Gross Rent Trends

At $1,118, real median gross rent in Paulding County was at its highest level in 2017 since the series began in 2006. At $1,147, real average gross rent in Paulding County was at its highest level in 2017 since the series began in 2006.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Paulding County

Date US
Median
Georgia
Median
Paulding County GA
Median
Paulding County GA
Average
2017 $1,012 $958 $1,118 $1,147
2016 $996 $948 $1,081 $1,037
2015 $987 $935 $1,081 $1,089
2014 $956 $903 $1,047 $1,029
2013 $924 $868 $1,040 $984
2012 $912 $864 $956 $855
2011 $912 $873 $944 $901
2010 $927 $888 $989 $1,012
2009 $931 $884 $1,037 $1,003
2008 $947 $904 $889 $941
2007 $899 $875 $970 $877
2006 $909 $879 $1,029 $899

Historical Rental Vacancy Rate data for Paulding County

Date US Georgia Paulding County GA
2017 6.18% 6.73%
2016 5.89% 6.15%
2015 5.85% 6.47%
2014 6.32% 8.17%
2013 6.49% 9.26%
2012 6.77% 9.53%
2011 7.40% 10.72%
2010 8.17% 11.72%
2009 8.43% 12.32%
2008 7.86% 10.89%
2007 7.87% 10.54%
2006 7.70% 10.33%

Rent as a Fraction of Income

Using median household income data for Paulding County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Paulding County, median monthly gross rent as a fraction of median household income was 20.18% in 2017 according to the ACS.

Paulding 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%
Paulding County GA 20.18% -0.80% +0.52%

Trends in Paulding County GA Rent as a Fraction of Income

The fraction of median Paulding County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2006 series origin) at 21.70%. Since then it has fallen by 1.52% to 20.18%.

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

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

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

Date US Georgia Paulding County GA
2017 20.13% 20.46% 20.18%
2016 20.43% 20.90% 20.98%
2015 20.63% 21.29% 20.95%
2014 20.89% 21.46% 19.66%
2013 20.78% 21.33% 21.70%
2012 20.65% 21.28% 19.40%
2011 20.70% 21.73% 18.72%
2010 20.50% 21.17% 18.21%
2009 20.12% 20.17% 18.07%
2008 19.00% 18.57% 16.16%
2007 18.66% 18.76% 17.91%
2006 18.90% 18.91% 17.57%

Renter Fraction in Paulding County Georgia

You can calculate the renter fraction in Paulding 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 Paulding County as a fraction of total Paulding County households. In 2017 26.49% of households were renters according to Census ACS data.

Paulding 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%
Paulding County GA 26.49% +0.54% +3.04%

Trends in the Paulding County GA Renter Fraction

At 26.49%, the 2017 household based renter fraction in Paulding County was at its highest level. The origin year for the series is 2006.

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

Fraction of renters in Paulding County

History of Paulding County Renter Fraction

Date US Georgia Paulding County GA
2017 36.13% 37.12% 26.49%
2016 36.88% 38.46% 25.95%
2015 36.97% 38.16% 22.88%
2014 36.90% 37.77% 23.45%
2013 36.50% 37.34% 17.13%
2012 36.09% 36.35% 21.44%
2011 35.42% 35.42% 22.39%
2010 34.65% 33.83% 18.55%
2009 34.13% 32.96% 16.77%
2008 33.36% 32.55% 17.71%
2007 32.80% 31.46% 20.82%
2006 32.73% 32.33% 20.56%

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.