Trend of Rental Yield in Lafayette Parish, Louisiana
Gavop is a real estate, housing & local data & analytics service. We get data from public sources such as the census bureau & private databases. Our data can be used by real estate and organizations to get further insights into local market dynamics. We analyzed rental yield trends from 2009 and 2015 for all counties in the U.S. Rental yields are impacted by factors such as home location, home facilities, employment opportunities, strata levies, and council rates
The key elements in the research are
- Median Gross Rent
- Median Home Value
Our key findings
- % Change Population: Lafayette Parish
out performed
than Louisiana by 8.3
- % Change Population: Lafayette Parish
out performed
than US by 8.1
- CAGR Population: Lafayette Parish
out performed
than state by 1.3
- CAGR Population: Lafayette Parish
out performed
than US by 1.3
- % Change Median Gross Rent: Lafayette Parish
out performed
than Louisiana by 0.4
- % Change Median Gross Rent: Lafayette Parish
out performed
than US by 3.7
- CAGR Median Gross Rent: Lafayette Parish
out performed
than state by 0.1
- CAGR Median Gross Rent: Lafayette Parish
out performed
than US by 0.6
- % Change Home Value: Lafayette Parish
under performed
than Louisiana by -2.5
- % Change Home Value: Lafayette Parish
out performed
than US by 20.0
- CAGR Home Value: Lafayette Parish
under performed
than state by -0.3
- CAGR Home Value: Lafayette Parish
out performed
than US by 3.2
- % Change Rental Yield: Lafayette Parish
out performed
than Louisiana by 2.4
- % Change Rental Yield: Lafayette Parish
under performed
than US by -17.1
- CAGR Rental Yield: Lafayette Parish
out performed
than state by 0.4
- CAGR Rental Yield: Lafayette Parish
under performed
than US by -2.7
| County | Lafayette Parish |
| Population 2015 | 231,811 |
|---|
| Population 2009 | 204,963 |
|---|
| Population % change | 13.1 |
|---|
| Population change rank compared to US | 212 |
|---|
| Population change rank compared to Louisiana | 5 |
|---|
| Median Gross Rent 2015 | 781 |
|---|
| Median Gross Rent 2009 | 666 |
|---|
| Median Gross Rent % change | 17.3 |
|---|
| Median Gross Rent change rank compared to US | 1,185 |
|---|
| Median Gross Rent change rank compared to Louisiana | 28 |
|---|
| Home Value 2015 | 166,700 |
|---|
| Home Value 2009 | 143,300 |
|---|
| Home Value % change | 16.3 |
|---|
| Home Value change rank compared to US | 801 |
|---|
| Home Value change rank compared to Louisiana | 29 |
|---|
| Rental Yield 2015 | 5.6 |
|---|
| Rental Yield 2009 | 5.6 |
|---|
| Rental Yield % change | 0.8 |
|---|
| Rental Yield change rank compared to US | 2,182 |
|---|
| Rental Yield change rank compared to Louisiana | 39 |
|---|