Department of Numbers

Jones County Mississippi Residential Rent and Rental Statistics

The median monthly gross residential rent in Jones County MS was $736 in 2017 according to the Census ACS survey.1 Average gross rent in Jones County was $502 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 Jones County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Jones County Mississippi (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Mississippi Median Gross Rent $742 +0.41% +1.92%
Jones County MS Median Gross Rent $736 +13.41% +15.72%

Jones County MS Real Gross Rent Trends

At $736, real median gross rent in Jones County was at its highest level in 2017 since the series began in 2005. Average gross rent for Jones County peaked in real terms in 2011 at $641 and is now $139 (21.68%) lower.

Real Gross Rent: Jones County MS Median, Jones County MS Average, Mississippi Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Jones County

Date US
Median
Mississippi
Median
Jones County MS
Median
Jones County MS
Average
2017 $1,012 $742 $736 $502
2016 $996 $739 $649 $561
2015 $987 $745 $605 $540
2014 $956 $728 $636 $538
2013 $924 $723 $604 $527
2012 $912 $687 $632 $561
2011 $912 $722 $688 $641
2010 $927 $728 $636 $541
2009 $931 $712 $663 $514
2008 $947 $733 $731 $549
2007 $899 $694 $702 $585
2006 $909 $695 $667 $510

Historical Rental Vacancy Rate data for Jones County

Date US Mississippi Jones County MS
2017 6.18% 10.71%
2016 5.89% 8.63%
2015 5.85% 8.89%
2014 6.32% 9.10%
2013 6.49% 8.71%
2012 6.77% 10.91%
2011 7.40% 13.13%
2010 8.17% 12.60%
2009 8.43% 11.34%
2008 7.86% 9.22% 9.43%
2007 7.87% 10.16%
2006 7.70% 9.37%

Rent as a Fraction of Income

Using median household income data for Jones County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Jones County, median monthly gross rent as a fraction of median household income was 22.47% in 2017 according to the ACS.

Jones County Mississippi Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Mississippi 20.46% -0.47% -1.05%
Jones County MS 22.47% +4.78% +1.98%

Trends in Jones County MS Rent as a Fraction of Income

Jones County renters paid 22.47% 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: Jones County MS, Mississippi, US

Percent of median household income going towards median monthly gross rent in Jones County Mississippi

Historical Data for Annual Rent as a Fraction of Income in Jones County Mississippi

Date US Mississippi Jones County MS
2017 20.13% 20.46% 22.47%
2016 20.43% 20.92% 17.69%
2015 20.63% 21.40% 21.48%
2014 20.89% 21.50% 20.49%
2013 20.78% 22.38% 20.91%
2012 20.65% 21.54% 21.27%
2011 20.70% 22.39% 19.85%
2010 20.50% 21.88% 19.61%
2009 20.12% 21.09% 21.73%
2008 19.00% 20.26% 20.75%
2007 18.66% 20.11% 21.89%
2006 18.90% 20.33% 21.30%

Renter Fraction in Jones County Mississippi

You can calculate the renter fraction in Jones 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 Jones County as a fraction of total Jones County households. In 2017 27.99% of households were renters according to Census ACS data.

Jones County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Mississippi 31.50% -1.23% -0.83%
Jones County MS 27.99% -0.51% -1.49%

Trends in the Jones County MS Renter Fraction

The Jones County household renter fraction peaked in in 2014 at 29.48% and is now 1.49% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Jones County MS, Mississippi, US

Fraction of renters in Jones County

History of Jones County Renter Fraction

Date US Mississippi Jones County MS
2017 36.13% 31.50% 27.99%
2016 36.88% 32.73% 28.50%
2015 36.97% 32.61% 26.42%
2014 36.90% 32.33% 29.48%
2013 36.50% 32.80% 24.84%
2012 36.09% 31.81% 26.20%
2011 35.42% 30.19% 25.20%
2010 34.65% 30.24% 26.09%
2009 34.13% 30.51% 26.86%
2008 33.36% 29.91% 26.11%
2007 32.80% 28.71% 29.22%
2006 32.73% 29.31% 27.15%

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.