Department of Numbers

Wilson County Tennessee Residential Rent and Rental Statistics

The median monthly gross residential rent in Wilson County TN was $1,005 in 2017 according to the Census ACS survey.1 Average gross rent in Wilson County was $927 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 Wilson County median and average rent data will be released in September of 2019.

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

Show dollars as: Nominal Real

Real Gross Rent in Wilson County Tennessee (2017 dollars)2

2017 1 Year Change 3 Year Change
US Median Gross Rent $1,012 +1.61% +5.86%
Tennessee Median Gross Rent $833 +1.71% +5.71%
Wilson County TN Median Gross Rent $1,005 +0.60% +18.93%

Wilson County TN Real Gross Rent Trends

At $1,005, real median gross rent in Wilson County was at its highest level in 2017 since the series began in 2005. Average gross rent for Wilson County peaked in real terms in 2016 at $1,033 and is now $106 (10.26%) lower.

Real Gross Rent: Wilson County TN Median, Wilson County TN Average, Tennessee Median, US Median

Lower quartile, median and upper quartile real gross rent

Real Gross Rent History for Wilson County

Date US
Median
Tennessee
Median
Wilson County TN
Median
Wilson County TN
Average
2017 $1,012 $833 $1,005 $927
2016 $996 $819 $999 $1,033
2015 $987 $808 $912 $949
2014 $956 $788 $845 $815
2013 $924 $764 $912 $904
2012 $912 $753 $890 $859
2011 $912 $749 $879 $832
2010 $927 $755 $808 $797
2009 $931 $754 $903 $867
2008 $947 $758 $875 $873
2007 $899 $722 $792 $788
2006 $909 $730 $810 $755

Wilson County Rental Vacancy Rate

The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2016 the rental vacancy rate for Wilson County Tennessee was 6.62% according to Census ACS data.

Rental Vacancy Rate in Wilson County Tennessee

2017 1 Year Change 3 Year Change
US 6.18% +0.29% -0.14%
Tennessee 6.67% -0.01% -0.57%
Wilson County TN

Trends in Wilson County TN Rental Vacancy Rate

The rental vacancy rate in Wilson County peaked in 2010 at 11.55%. Since then it has fallen by 4.93% to 6.62%. Data records for this series originated in 2005.

Rental Vacancy Rate: Wilson County TN, Tennessee, US

Rental vacancy rate in Tennessee

Historical Rental Vacancy Rate data for Wilson County

Date US Tennessee Wilson County TN
2017 6.18% 6.67%
2016 5.89% 6.68% 6.62%
2015 5.85% 7.13%
2014 6.32% 7.24%
2013 6.49% 7.86%
2012 6.77% 7.89%
2011 7.40% 8.54%
2010 8.17% 10.33% 11.55%
2009 8.43% 10.52%
2008 7.86% 10.30%
2007 7.87% 9.20%
2006 7.70% 9.61% 10.85%

Rent as a Fraction of Income

Using median household income data for Wilson County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Wilson County, median monthly gross rent as a fraction of median household income was 17.24% in 2017 according to the ACS.

Wilson County Tennessee Median Annual Rent as a Fraction of Median Household Income

2017 1 Year Change 3 Year Change
US 20.13% -0.30% -0.76%
Tennessee 19.47% -0.45% -1.36%
Wilson County TN 17.24% +0.64% +0.65%

Trends in Wilson County TN Rent as a Fraction of Income

The fraction of median Wilson County household income required to pay median monthly gross rent peaked in 2013 (relative to the 2005 series origin) at 19.04%. Since then it has fallen by 1.80% to 17.24%.

Fraction of Income towards Rent: Wilson County TN, Tennessee, US

Percent of median household income going towards median monthly gross rent in Wilson County Tennessee

Historical Data for Annual Rent as a Fraction of Income in Wilson County Tennessee

Date US Tennessee Wilson County TN
2017 20.13% 19.47% 17.24%
2016 20.43% 19.92% 16.60%
2015 20.63% 19.93% 16.49%
2014 20.89% 20.83% 16.59%
2013 20.78% 20.26% 19.04%
2012 20.65% 20.48% 18.33%
2011 20.70% 20.58% 16.78%
2010 20.50% 20.17% 16.18%
2009 20.12% 19.61% 16.05%
2008 19.00% 18.16% 15.84%
2007 18.66% 17.96% 13.94%
2006 18.90% 18.25% 13.54%

Renter Fraction in Wilson County Tennessee

You can calculate the renter fraction in Wilson 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 Wilson County as a fraction of total Wilson County households. In 2017 23.73% of households were renters according to Census ACS data.

Wilson County Fraction of Renters by Household Units

2017 1 Year Change 3 Year Change
US 36.13% -0.75% -0.77%
Tennessee 34.57% -0.34% +0.71%
Wilson County TN 23.73% -4.46% -0.03%

Trends in the Wilson County TN Renter Fraction

The Wilson County household renter fraction peaked in in 2016 at 28.19% and is now 4.46% below that level. The origin year for the series is 2005.

Fraction of Renting Households: Wilson County TN, Tennessee, US

Fraction of renters in Wilson County

History of Wilson County Renter Fraction

Date US Tennessee Wilson County TN
2017 36.13% 34.57% 23.73%
2016 36.88% 34.91% 28.19%
2015 36.97% 34.18% 18.87%
2014 36.90% 33.86% 23.76%
2013 36.50% 33.62% 25.03%
2012 36.09% 33.31% 22.37%
2011 35.42% 32.72% 23.13%
2010 34.65% 31.87% 16.59%
2009 34.13% 30.85% 19.41%
2008 33.36% 30.17% 21.11%
2007 32.80% 30.06% 18.06%
2006 32.73% 30.10% 16.31%

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.