Department of Numbers

Walker County Georgia Residential Rent and Rental Statistics

The median monthly gross residential rent in Walker County GA was $754 in 2017 according to the Census ACS survey.1 Average gross rent in Walker County was $647 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 Walker County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Walker 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%
Walker County GA Median Gross Rent $754 +4.00% +18.93%

Walker County GA Real Gross Rent Trends

At $754, real median gross rent in Walker County was at its highest level in 2017 since the series began in 2010. Average gross rent for Walker County peaked in real terms in 2016 at $747 and is now $100 (13.39%) lower.

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

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Walker County

Date US
Median
Georgia
Median
Walker County GA
Median
Walker County GA
Average
2017 $1,012 $958 $754 $647
2016 $996 $948 $725 $747
2015 $987 $935 $692 $632
2014 $956 $903 $634 $562
2013 $924 $868 $648 $631
2012 $912 $864 $661 $603
2011 $912 $873 $603 $620
2010 $927 $888 $629 $587
2009 $931 $884
2008 $947 $904
2007 $899 $875
2006 $909 $879

Walker County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2011 the rental vacancy rate for Walker County Georgia was 4.79% according to Census ACS data.

Rental Vacancy Rate in Walker County Georgia

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Georgia 6.73% +0.58% -1.44%
Walker County GA

Trends in Walker County GA Rental Vacancy Rate

The rental vacancy rate in Walker County peaked in 2010 at 9.88%. Since then it has fallen by 5.09% to 4.79%. Data records for this series originated in 2010.

Rental Vacancy Rate: Walker County GA, Georgia, US

Rental vacancy rate in Georgia

Historical Rental Vacancy Rate data for Walker County

Date US Georgia Walker 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% 4.79%
2010 8.17% 11.72% 9.88%
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 Walker County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Walker County, median monthly gross rent as a fraction of median household income was 19.93% in 2017 according to the ACS.

Walker 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%
Walker County GA 19.93% -1.93% +0.63%

Trends in Walker County GA Rent as a Fraction of Income

The fraction of median Walker County household income required to pay median monthly gross rent peaked in 2016 (relative to the 2010 series origin) at 21.85%. Since then it has fallen by 1.93% to 19.93%.

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

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

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

Date US Georgia Walker County GA
2017 20.13% 20.46% 19.93%
2016 20.43% 20.90% 21.85%
2015 20.63% 21.29% 18.21%
2014 20.89% 21.46% 19.30%
2013 20.78% 21.33% 18.11%
2012 20.65% 21.28% 21.47%
2011 20.70% 21.73% 18.10%
2010 20.50% 21.17% 18.85%
2009 20.12% 20.17%
2008 19.00% 18.57%
2007 18.66% 18.76%
2006 18.90% 18.91%

Renter Fraction in Walker County Georgia

You can calculate the renter fraction in Walker 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 Walker County as a fraction of total Walker County households. In 2017 27.70% of households were renters according to Census ACS data.

Walker 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%
Walker County GA 27.70% -1.36% -1.53%

Trends in the Walker County GA Renter Fraction

The Walker County household renter fraction peaked in in 2012 at 30.91% and is now 3.21% below that level. The origin year for the series is 2010.

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

Fraction of renters in Walker County

History of Walker County Renter Fraction

Date US Georgia Walker County GA
2017 36.13% 37.12% 27.70%
2016 36.88% 38.46% 29.06%
2015 36.97% 38.16% 27.06%
2014 36.90% 37.77% 29.23%
2013 36.50% 37.34% 28.03%
2012 36.09% 36.35% 30.91%
2011 35.42% 35.42% 28.93%
2010 34.65% 33.83% 24.04%
2009 34.13% 32.96%
2008 33.36% 32.55%
2007 32.80% 31.46%
2006 32.73% 32.33%

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.