Manitowoc County Wisconsin Residential Rent and Rental Statistics
The median monthly gross residential rent in Manitowoc County WI was $751 in 2019 according to the Census ACS survey.1 Average gross rent in Manitowoc County was $697 in 2019. The median rent more accurately depicts rental rates in the middle of the distribution of rents and is thus preferred in the analysis below. 2020 Manitowoc County median and average rent data will be released in September of 2021.
Data is also available below for Manitowoc County rental vacancy rates, Manitowoc County rent as a percent of median income and the fraction of renters in Manitowoc County.
Real Gross Rent in Manitowoc County Wisconsin (2019 dollars)2
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US Median Gross Rent | $1,097 | +1.86% | +6.82% |
| Wisconsin Median Gross Rent | $867 | +0.58% | +3.21% |
| Manitowoc County WI Median Gross Rent | $751 | +19.78% | +9.80% |
Manitowoc County WI Real Gross Rent Trends
At $751, real median gross rent in Manitowoc County was at its highest level in 2019 since the series began in 2005. Average gross rent for Manitowoc County peaked in real terms in 2008 at $732 and is now $35 (4.78%) lower. From a recent low of 571.0 in 2010, real average gross rent has now increased by $126 (22.07%).
Real Gross Rent: Manitowoc County WI Median, Manitowoc County WI Average, Wisconsin Median, US Median
Real Gross Rent History for Manitowoc County
| Date | US Median |
Wisconsin Median |
Manitowoc County WI Median |
Manitowoc County WI Average |
|---|---|---|---|---|
| 2019 | $1,097 | $867 | $751 | $697 |
| 2018 | $1,077 | $862 | $627 | $608 |
| 2017 | $1,043 | $844 | $679 | $646 |
| 2016 | $1,027 | $840 | $684 | $730 |
| 2015 | $1,017 | $840 | $647 | $653 |
| 2014 | $986 | $826 | $606 | $615 |
| 2013 | $953 | $798 | $648 | $624 |
| 2012 | $940 | $790 | $653 | $723 |
| 2011 | $941 | $798 | $631 | $621 |
| 2010 | $955 | $799 | $596 | $571 |
| 2009 | $960 | $807 | $599 | $599 |
| 2007 | $927 | $791 | $632 | $638 |
| 2005 | $910 | $804 | $604 | $614 |
Manitowoc County Rental Vacancy Rate
The rental vacancy rate is the fraction of homes for rent that are not occupied.3 In 2015 the rental vacancy rate for Manitowoc County Wisconsin was 4.73% according to Census ACS data.
Rental Vacancy Rate in Manitowoc County Wisconsin
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 5.97% | -0.18% | +0.08% |
| Wisconsin | 4.93% | -0.46% | +0.08% |
| Manitowoc County WI | — | — | — |
Trends in Manitowoc County WI Rental Vacancy Rate
The rental vacancy rate in Manitowoc County peaked in 2013 at 16.19%. Since then it has fallen by 11.46% to 4.73%. Data records for this series originated in 2005.
Rental Vacancy Rate: Manitowoc County WI, Wisconsin, US
Historical Rental Vacancy Rate data for Manitowoc County
| Date | US | Wisconsin | Manitowoc County WI |
|---|---|---|---|
| 2019 | 5.97% | 4.93% | — |
| 2018 | 6.15% | 5.39% | — |
| 2017 | 6.18% | 5.20% | — |
| 2016 | 5.89% | 4.85% | — |
| 2015 | 5.85% | 4.67% | 4.73% |
| 2014 | 6.32% | 4.64% | 8.23% |
| 2013 | 6.49% | 5.22% | 16.19% |
| 2012 | 6.77% | 5.48% | 6.53% |
| 2011 | 7.40% | 5.17% | 13.95% |
| 2010 | 8.17% | 6.16% | 10.42% |
| 2009 | 8.43% | 5.86% | 10.51% |
| 2007 | 7.87% | 6.83% | 10.00% |
| 2005 | 7.74% | 6.49% | 7.42% |
Rent as a Fraction of Income
Using median household income data for Manitowoc County, we can calculate the fraction of income the median household would use to pay rent at the median monthly gross rent rate. For Manitowoc County, median monthly gross rent as a fraction of median household income was 14.83% in 2019 according to the ACS.
Manitowoc County Wisconsin Median Annual Rent as a Fraction of Median Household Income
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 20.03% | -0.47% | -0.40% |
| Wisconsin | 16.21% | -0.51% | -0.73% |
| Manitowoc County WI | 14.83% | +1.24% | -0.32% |
Trends in Manitowoc County WI Rent as a Fraction of Income
The fraction of median Manitowoc County household income required to pay median monthly gross rent peaked in 2012 (relative to the 2005 series origin) at 16.00%. Since then it has fallen by 1.18% to 14.83%.
Fraction of Income towards Rent: Manitowoc County WI, Wisconsin, US
Historical Data for Annual Rent as a Fraction of Income in Manitowoc County Wisconsin
| Date | US | Wisconsin | Manitowoc County WI |
|---|---|---|---|
| 2019 | 20.03% | 16.21% | 14.83% |
| 2018 | 20.50% | 16.72% | 13.59% |
| 2017 | 20.13% | 16.57% | 14.43% |
| 2016 | 20.43% | 16.94% | 15.14% |
| 2015 | 20.63% | 17.08% | 14.55% |
| 2014 | 20.89% | 17.83% | 15.26% |
| 2013 | 20.78% | 17.67% | 15.64% |
| 2012 | 20.65% | 17.46% | 16.00% |
| 2011 | 20.70% | 17.60% | 14.52% |
| 2010 | 20.50% | 17.51% | 13.52% |
| 2009 | 20.12% | 16.99% | 13.13% |
| 2007 | 18.66% | 15.97% | 13.63% |
| 2005 | 18.89% | 16.38% | 13.05% |
Renter Fraction in Manitowoc County Wisconsin
You can calculate the renter fraction in Manitowoc 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 Manitowoc County as a fraction of total Manitowoc County households. In 2019 25.93% of households were renters according to Census ACS data.
Manitowoc County Fraction of Renters by Household Units
| 2019 | 1 Year Change | 3 Year Change | |
|---|---|---|---|
| US | 35.89% | -0.16% | -0.99% |
| Wisconsin | 32.80% | -0.06% | -0.54% |
| Manitowoc County WI | 25.93% | +0.32% | +1.78% |
Trends in the Manitowoc County WI Renter Fraction
The Manitowoc County household renter fraction peaked in in 2008 at 26.75% and is now 0.82% below that level. The origin year for the series is 2005.
Fraction of Renting Households: Manitowoc County WI, Wisconsin, US
History of Manitowoc County Renter Fraction
| Date | US | Wisconsin | Manitowoc County WI |
|---|---|---|---|
| 2019 | 35.89% | 32.80% | 25.93% |
| 2018 | 36.05% | 32.86% | 25.61% |
| 2017 | 36.13% | 33.39% | 24.27% |
| 2016 | 36.88% | 33.34% | 24.15% |
| 2015 | 36.97% | 33.21% | 24.92% |
| 2014 | 36.90% | 33.40% | 24.85% |
| 2013 | 36.50% | 32.82% | 23.95% |
| 2012 | 36.09% | 32.71% | 26.17% |
| 2011 | 35.42% | 32.15% | 21.42% |
| 2010 | 34.65% | 31.30% | 23.08% |
| 2009 | 34.13% | 31.02% | 21.53% |
| 2007 | 32.80% | 29.92% | 23.84% |
| 2005 | 33.10% | 29.88% | 21.95% |
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. ↩
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