What percentage of people rent in Banning, CA?
29.8% (±3.6 points) of the occupied homes in Banning, CA are rented (2020–2024 American Community Survey).
That is 3,467 renting households against 8,157 that own their home.
In Banning, the share of households that rent went from 34.1% in 2015–2019 to 29.8% in 2020–2024 (−4.3 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 29.8% (±3.6 points)
- Renting households
- 3,467 (±406)
- Median renter income
- $51,544 (±$5,156)
Who rents and who owns in Banning
| Banning | Riverside County | California | United States | |
|---|---|---|---|---|
| Renter-occupied share | 29.8% (±3.6 points) | 30.9% (±0.4 points) | 44.1% (±0.2 points) | 34.8% |
| Renting households | 3,467 (±406) | 239,349 (±3,349) | 5,980,523 (±22,985) | 45,017,354 |
| Owning households | 8,157 (±566) | 535,986 (±3,538) | 7,567,568 (±37,334) | 84,210,142 |
| Average renter household size | 3.0 (±0.3) | 3.0 (±0.0) | 2.7 (±0.0) | 2.3 |
| Average owner household size | 2.5 (±0.1) | 3.2 (±0.0) | 3.0 (±0.0) | 2.6 |
| Median renter household income | $51,544 (±$5,156) | $63,524 (±$1,392) | $71,186 (±$298) | $52,966 |
| Median owner household income | $65,327 (±$4,729) | $109,791 (±$1,274) | $127,456 (±$424) | $100,009 |
In Banning, the renter share is not measurably different from Riverside County (30.9%).
It is also lower than in California (44.1%).
It is lower than the national figure (34.8%).
In Riverside County, Banning ranks 30 of 71 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 637 of 1,076.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Banning has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 34.1% (±2.5 points) | 29.8% (±3.6 points) | −4.3 percentage points | Not a measurable change |
| Median gross rent | $1,010 (±$82) | $1,650 (±$130) | +63.4% | Up after inflation |
| Median household income | $42,274 (±$3,044) | $61,764 (±$4,511) | +46.1% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Banning
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Banning | — | 29.8% (±3.6 points) | — |
| Cherry Valley | 4.7 mi | 16.9% (±6.2 points) | Lower |
| Beaumont | 5.7 mi | 19.2% (±2.7 points) | Lower |
| Cabazon | 7.0 mi | 39.9% (±16.7 points) | Not measurably different |
| Calimesa | 9.3 mi | 10.7% (±5.3 points) | Lower |
| Yucaipa | 10 mi | 26.6% (±3.5 points) | Not measurably different |
| San Jacinto | 12 mi | 25.0% (±3.1 points) | Lower |
| Whitewater | 12 mi | 18.1% (±10.4 points) | Lower |
| Valle Vista | 14 mi | 26.1% (±4.9 points) | Not measurably different |
Nearby places with a measurably lower figure: Cherry Valley, CA (16.9%), Beaumont, CA (19.2%), Calimesa, CA (10.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Riverside County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 24 | Winchester | 31.3% (±13.1 points) |
| 25 | Perris | 31.2% (±2.5 points) |
| 26 (tie) | Murrieta | 30.5% (±2.9 points) |
| 26 (tie) | East Hemet | 30.5% (±4.7 points) |
| 28 | Idyllwild-Pine Cove | 30.0% (±7.2 points) |
| 29 | Jurupa Valley | 29.9% (±2.0 points) |
| 30 | Banning | 29.8% (±3.6 points) |
| 31 | Lake Elsinore | 29.1% (±2.9 points) |
| 32 | Mead Valley | 27.9% (±5.8 points) |
| 33 | Thousand Palms | 27.2% (±10.1 points) |
| 34 | Garnet | 26.8% (±7.9 points) |
| 35 (tie) | Highgrove | 26.1% (±8.5 points) |
| 35 (tie) | Valle Vista | 26.1% (±4.9 points) |
Showing 13 of 71 places in Riverside County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Banning
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Questions about Banning
How many renters are there in Banning?
Banning has an estimated 3,467 (±406) renting households, 29.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Banning?
In Banning, the share of households that rent went from 34.1% in 2015–2019 to 29.8% in 2020–2024 (−4.3 percentage points), not a measurable change.
How big are renting households in Banning?
A renting household in Banning has 3.0 people on average, against 2.5 in an owned home.
How much do renters earn in Banning?
The median renting household in Banning, CA has an income of $51,544 (±$5,156) a year, against $65,327 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Banning city, California
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Banning city, California
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Banning city, California
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Banning city, California
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Banning city, California
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Banning city, California (place:03820, in state:06).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Median rent in Banning
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- Property taxes in Banning
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- Bedrooms in Banning
- Age of homes in Banning
- Vacancy rate in Banning
- Heating fuel in Banning
- Commute and cars in Banning
- Population growth in Banning
- How long people stay in Banning
- Crowding and facilities in Banning
- California landlord and tenant rules
- Housing across Riverside County
- California places ranked by share of renters
- Housing data for every place in California