Department of Numbers

Jackson County Michigan Residential Rent and Rental Statistics

The median monthly gross residential rent in Jackson County MI was $731 in 2017 according to the Census ACS survey.1 Average gross rent in Jackson County was $701 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 Jackson County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Jackson County Michigan (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Michigan Median Gross Rent $835 +0.48% +3.47%
Jackson County MI Median Gross Rent $731 +0.97% +1.53%

Jackson County MI Real Gross Rent Trends

Median gross rent for Jackson County peaked in real terms in 2011 at $813 and is now $82 (10.09%) lower. Average gross rent for Jackson County peaked in real terms in 2006 at $793 and is now $92 (11.60%) lower. From a recent low of 662.0 in 2010, real average gross rent has now increased by $39 (5.89%).

Real Gross Rent: Jackson County MI Median, Jackson County MI Average, Michigan Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Jackson County

Date US
Median
Michigan
Median
Jackson County MI
Median
Jackson County MI
Average
2017 $1,012 $835 $731 $701
2016 $996 $831 $724 $712
2015 $987 $826 $716 $729
2014 $956 $807 $720 $731
2013 $924 $784 $720 $693
2012 $912 $772 $714 $692
2011 $912 $774 $813 $792
2010 $927 $791 $713 $662
2009 $931 $791 $710 $724
2008 $947 $811 $773 $781
2007 $899 $778 $757 $755
2006 $909 $804 $790 $793

Jackson 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 Jackson County Michigan was 3.63% according to Census ACS data.

Rental Vacancy Rate in Jackson County Michigan

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Michigan 4.87% -0.54% -1.01%
Jackson County MI 3.63% -8.36% -5.01%

Trends in Jackson County MI Rental Vacancy Rate

The rental vacancy rate in Jackson County peaked in 2005 at 15.70%. Since then it has fallen by 12.07% to 3.63%. Data records for this series originated in 2005.

Rental Vacancy Rate: Jackson County MI, Michigan, US

Rental vacancy rate in Michigan

Historical Rental Vacancy Rate data for Jackson County

Date US Michigan Jackson County MI
2017 6.18% 4.87% 3.63%
2016 5.89% 5.41% 11.99%
2015 5.85% 5.19% 6.95%
2014 6.32% 5.88% 8.64%
2013 6.49% 6.04% 9.31%
2012 6.77% 6.73% 7.89%
2011 7.40% 7.72% 7.24%
2010 8.17% 9.60% 11.51%
2009 8.43% 9.48% 7.18%
2008 7.86% 9.73% 14.93%
2007 7.87% 9.66% 9.76%
2006 7.70% 10.42% 7.37%

Rent as a Fraction of Income

Using median household income data for Jackson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Jackson County, median monthly gross rent as a fraction of median household income was 17.45% in 2017 according to the ACS.

Jackson County Michigan Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Michigan 18.25% -0.45% -0.72%
Jackson County MI 17.45% +0.35% -1.14%

Trends in Jackson County MI Rent as a Fraction of Income

The fraction of median Jackson County household income required to pay median monthly gross rent peaked in 2011 (relative to the 2005 series origin) at 22.34%. Since then it has fallen by 4.88% to 17.45%.

Fraction of Income towards Rent: Jackson County MI, Michigan, US

Percent of median household income going towards median monthly gross rent in Jackson County Michigan

Historical Data for Annual Rent as a Fraction of Income in Jackson County Michigan

Date US Michigan Jackson County MI
2017 20.13% 18.25% 17.45%
2016 20.43% 18.70% 17.11%
2015 20.63% 18.86% 16.45%
2014 20.89% 18.97% 18.59%
2013 20.78% 19.09% 19.37%
2012 20.65% 19.16% 19.47%
2011 20.70% 19.29% 22.34%
2010 20.50% 19.29% 18.42%
2009 20.12% 18.99% 16.51%
2008 19.00% 17.44% 17.22%
2007 18.66% 17.09% 18.39%
2006 18.90% 17.17% 18.54%

Renter Fraction in Jackson County Michigan

You can calculate the renter fraction in Jackson 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 Jackson County as a fraction of total Jackson County households. In 2017 26.28% of households were renters according to Census ACS data.

Jackson County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Michigan 28.67% -1.01% -1.09%
Jackson County MI 26.28% -0.25% +1.77%

Trends in the Jackson County MI Renter Fraction

The Jackson County household renter fraction peaked in in 2013 at 30.44% and is now 4.16% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Jackson County MI, Michigan, US

Fraction of renters in Jackson County

History of Jackson County Renter Fraction

Date US Michigan Jackson County MI
2017 36.13% 28.67% 26.28%
2016 36.88% 29.68% 26.53%
2015 36.97% 29.58% 29.49%
2014 36.90% 29.76% 24.51%
2013 36.50% 29.45% 30.44%
2012 36.09% 28.94% 28.51%
2011 35.42% 28.26% 29.71%
2010 34.65% 27.25% 25.12%
2009 34.13% 26.81% 23.31%
2008 33.36% 26.02% 23.07%
2007 32.80% 25.17% 26.25%
2006 32.73% 24.83% 23.40%

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.